Categories: Real Estate

Metro Report: San Marcos Continues To Have The Cheapest Monthly Rent

Austin Metro Report: December 2019…

The Zumper Austin Metro Area Report analyzed active listings in November 2019 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 $944 last month.

The Most Expensive

Austin was the most expensive city with one bedrooms priced at $1,230.

Leander rent grew 2.8% to $1,120 and ranked as the second priciest city.

Cedar Park 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 second with rent at $1,030.

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

The Fastest Growing (Y/Y%)

Leander had the fastest growing rent, up 9.8% since this time last year.

Kyle saw rent climb 5.1%, making it the second fastest growing.

The Fastest Growing (M/M%)

Leander also had the largest monthly rental growth rate, up 2.8%.

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

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