The Zumper Austin Metro Area Report analyzed active listings in August 2021 across 6 metro cities to show the most and least expensive cities and cities with the fastest growing rents. The Texas one-bedroom median rent was $1,032 last month.
The Most Expensive
Austin was the most expensive city with one-bedrooms priced at $1,370.
Cedar Park ranked as the second priciest with rent at $1,280.
Pflugerville followed closely behind as third with rent at $1,250.
The Least Expensive
San Marcos ranked as the most affordable city with one-bedrooms priced at $930.
Round Rock was second with rent at $1,230.
Georgetown saw rent jump 5.1% to $1,240 and ranked as third.
The Fastest Growing (Y/Y%)
Round Rock had the fastest growing rent, up 17.1% since this time last year.
Pflugerville was second with rent climbing 16.8%.
Cedar Park ranked as third with rent increasing 9.4%.
The Fastest Growing (M/M%)
Austin had the largest monthly rental growth rate, up 5.4%.
Round Rock & Georgetown were tied for second with rents both climbing 5.1% last month.
Pflugerville ranked as third with rent increasing 5%.
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.