Austin Metro Rental Report February 2020

Crystal Chen

The Zumper Austin Metro Area Report analyzed active listings in January 2020 across 8 metro cities to show the most and least expensive cities and cities with the fastest-growing rents.

The Texas one-bedroom median rent was $945 last month.

The Most Expensive

• Austin was the most expensive city with one-bedrooms priced at $1,240.

• Cedar Park rent grew 1.8% to $1,120 and ranked as the second priciest city.

• Georgetown was third with rent at $1,100.

The Least Expensive

• San Marcos ranked as the most affordable city with one-bedrooms priced at $900.

• Round Rock was the second least expensive with rent at $1,020.

• Kyle ranked as third with rent at $1,040.

The Fastest Growing (Y/Y%)

• Kyle had the fastest-growing rent, up 7.2% since this time last year.

• Austin saw rent climb 6.0%, making it the second-fastest-growing.

• Leander and Georgetown were tied for third with rents both climbing 5.8%.

The Fastest Growing (M/M%)

• Georgetown had the largest monthly rental growth rate, up 4.8%.

• Cedar Park rent increased 1.8% last month, making it the second-fastest-growing.

The Zumper Austin Metro Area Report analyzed active listings that hit the market last month. Listings are aggregated by the city to calculate the median asking rents.