Coming ahead of Tampa, Gilbert, and Virginia Beach, Austin ranked as the 34th most expensive city to Rent in the nation. The price of one bedroom units grew 0.9% to $1,100, while two bedrooms dropped 0.7% to $1,490.
(This map is interactive so hover and zoom over neighborhoods and the legend for more info.)
While North Loop – Ridgetop and East Congress had some of the fastest growing rents since last quarter, both up over 13%, Old Enfield and Windsor Hills saw the biggest rent dips, down 13% and 9%, respectively.
This fall, Downtown Austin ($2,000), East Cesar Chavez ($1,640), and Holly ($1,620) continued to reign as the most expensive neighborhoods to rent. Ranging between $1,475 – $1,500, Chestnut, Clarksville, and Zilker were the next priciest areas. The most affordable neighborhoods, all priced under $800, included University Hills, Franklin Park, and Windsor Hills.
To see how Austin’s rents compare with the rest of the nation’s, check out our November National Rent Report, which analyzes over 1 million active listings available in the prior month.
To keep up to date with rent changes across the country, like or follow us on Facebook, Twitter, or Pinterest. In the market for a new place? Search all Austin apartments for rent on Zumper now.
For a refresher on how we analyze our rental data, view our methodology blog post here.
The post Austin Neighborhood Rent Prices Mapped This Fall 2017 appeared first on The Zumper Blog.
This post first appeared on The Zumper Blog | Rental Market Trends, Real Estat, please read the originial post: here