Austin Metro Report: San Marcos Falls To 2nd Most Affordable, Buda Shows Largest Year To Year Growth

Staff Reports

The Austin Metro Report for March 2019 was released by Zumper on March 12.

The report analyzes active listings in February 2019 across the 13 metro cities to show the most and least expensive cities around Austin and the cities with the fastest growing rents.

In Texas, the median rent for a one bedroom was $935 last month.  Austin saw a rent increase of $10 from $1,170 to $1,180 per month; the capitol remained the priciest city in the metro followed by Brushy Creek, Texas, whose rent dropped $60 from January.

This month, Georgetown replaced Cedar Park as the third most expensive city with rent for one bedrooms priced at $1,060.

In February, San Marcos was considered the most affordable city based on its median rent for one bedrooms being at $890.

However, this month the home of the Texas State Bobcats fell to the second least expensive city behind Wells Branch, Texas, whose rent fell $30 to $890.

According to the report, the median rent for one bedrooms in San Marcos rose $20 to a price of $900 last month. While San Marcos and Wells Branch dosey-doe for first, Kyle is holding steadfast to its spot in third among the least expensive cities in the metro with a median rent for one bedrooms at $980.

As for the fastest growing, Buda has shown the largest year over year growth rate, which is up 5.1 percent. Kyle showed a 2.1 percent growth while San Marcos saw 0.0 percent.

To see the full report and data for rental trends in the Austin Metro, check out Zumper’s Austin Metro Report March 2019.