Rental market snapshot for Allandale, Austin

Allandale rental market summary

The rental market in Allandale, Texas is showing signs of growth. In July 2023, there were 35 new listings, a significant increase from the previous month. The median rent for July 2023 was $1,917, a 30.3% decrease from the previous month and a 36.1% decrease from the same time last year. This indicates that the rental market in Allandale is becoming more affordable for potential renters.

The decrease in median rent is likely due to an increase in the number of available rental properties. With more options available, renters are able to find more affordable housing. This is good news for those looking to rent in Allandale, as it means they can find a place to live that fits their budget. The rental market in Allandale is showing signs of growth and is becoming more affordable for potential renters.

Median rent for all residential properties in Allandale

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The most expensive listings and top trending buildings in Allandale

Most Expensive Listings

AddressRent PriceBed / Bath
3307 Greenlawn Pkwy$5,2503 / 2.0
3307 Greenlawn Pkwy$5,1003 / 2.0
6302 Shoal Creek Dr W$4,2953 / 2.5
6302 Shoal Creek Dr W$4,1953 / 2.5
2609 Richcreek Rd$3,4904 / 2.0

Top Trending Buildings

building nameavg rent price
AMLI Residential$2,116

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Bedroom Breakdown in Allandale

Studio
$1,208
MEDIAN RENT
1 Bedroom
$2,150
MEDIAN RENT
2 Bedroom
$2,788
MEDIAN RENT

Allandale neighborhood apartments rents

The rental market for studios in Allandale, Texas has remained relatively stable in the last two months. In December 2020, there were two new studio listings, and the median rent for studios stayed the same at $1,208. This indicates that the rental market for studios in Allandale has not seen any significant changes in the last two months.

The rental market for 1-bedroom apartments in Allandale, Texas is showing signs of growth. In July 2023, there were 4 new 1-bedroom listings, representing an increase in the available rental options. The median rent for 1-bedroom apartments in July 2023 was $2,150, a 68.7% increase from the median rent in June 2023 of $1,274. This suggests that the rental market for 1-bedroom apartments in Allandale is becoming more competitive, with landlords raising prices to capitalize on the increased demand.

The rental market for 2-bedroom apartments in Allandale, Texas is showing signs of growth. In July 2023, there were 5 new 2-bedroom listings, a 72.1% increase in median rent from June 2023 to July 2023, and a median rent of $2,788. This indicates that the rental market for 2-bedroom apartments in Allandale is becoming increasingly competitive, with more people looking to rent and higher prices being charged.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Allandale is $1,917.
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