New Report: San Marcos Holds Steady As Cheapest Monthly Rent Average

New Report: San Marcos Holds Steady As Cheapest Monthly Rent Average

The Zumper Austin Metro Report analyzed active listings in July 2019 across 13 metro cities to show the most and least expensive cities and cities with the fastest growing rents.

The monthly report by Zumper, covers 13 cities in the Austin metro area to highlight the most/least expensive cities and cities with the fastest growing rents.

Highlights

This month, San Marcos ranked as the 13th most expensive city to rent in the metro area.

The price of one bedroom units remained flat at a median of $890, while two bedroom units also stayed stable at to $1,000.

The state median one bedroom rent was $960 last month.

Cities Ranked By Rent

Graphic Source: Zumper

The Most Expensive

Austin, TX rent grew $10 to $1,200 but continued to rank as the most expensive in the metro.

Brushy Creek, TX moved up 3 spots to rank as the second priciest city with rent growing $30 to $1,130.

Georgetown, TX dropped to third with rent falling $40 to $1,150.

The Least Expensive

San Marcos, TX remained the most affordable city with rent at $890.

Wells Branch, TX saw rent grow $30 to $960 but remain the second least expensive.

Jollyville, TX was third with one bedrooms priced at $980.

Growth Rate

Graphic Source: Zumper

The Fastest Growing (Y/Y%)

Buda, TX had the fastest growing rent, up 9.1% since this time last year.

Brushy Creek, TX saw rent climb 6.6%, making it second.

The Fastest Growing (M/M%)

Kyle, TX rent had the largest monthly growth rate, up 5.1%.

Leander, TX was second with rent growing 3.9% last month.

Graphic Source: Zumper

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *