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Austin Metro Report: November 2019

The Zumper Austin Metro Area Report analyzed active listings in October 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 $961 last month.

The Most Expensive

–Austin was the most expensive city with one bedrooms priced at $1,260.

–Cedar Park rent dropped 0.9% to $1,120 and ranked as the second priciest city.

–Leander was third with rent at $1,090.

The Least Expensive

–San Marcos ranked as the most affordable city with one bedrooms priced at $900.

–Round Rock was second with rent at $1,020.

–Kyle ranked as third with rent growing 2.0% to $1,040.

The Fastest Growing (Y/Y%)

– Kyle had the fastest growing rent, up 6.1% since this time last year.

– Austin saw rent climb 4.1%, making it the second fastest growing.

– Georgetown was third with rent growing 2.9%

The Fastest Growing (M/M%)

– Austin had the largest monthly rental growth rate, up 4.8%.

–Cedar Park rent jumped 2.0% last month, making it the second fastest growing.

–San Marcos ranked as third with rent up 1.0%.

About

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.

The post Austin Metro Report: November 2019 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

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Austin Metro Report: November 2019

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