Rental market snapshot for Central East Austin, Austin
Central East Austin rental market summary
The rental market in Central East Austin, Texas is showing signs of growth. In July of 2023, there were 151 new listings, a significant increase from the previous month. The median rent for the area also increased from $2,738 in June to $2,726 in July, a slight decrease of 0.4%. However, when compared to the median rent from July of 2022, the current median rent is 19.7% lower. This suggests that the rental market in Central East Austin is becoming more affordable.
Overall, the rental market in Central East Austin is becoming more attractive to potential renters. With more listings and a lower median rent, the area is becoming increasingly competitive. This could lead to more people looking to rent in the area, which could further drive down prices and increase the number of available listings. With the current trends, Central East Austin could become an even more desirable place to live in the near future.
Median rent for all residential properties in Central East Austin
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The most expensive listings and top trending buildings in Central East Austin
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
800 Embassy Dr | $5,975 | 2 / 2.0 |
800 Embassy Dr | $5,950 | 2 / 2.5 |
2412 E 9th St | $5,900 | 2 / 2.5 |
1505 E 14th St | $5,695 | 6 / 5.0 |
1204 E 13th St | $5,199 | 3 / 3.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Quarterra | $2,825 |
AMLI Residential | $2,233 |
Windsor Property Management Co. | $1,984 |
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Bedroom Breakdown in Central East Austin
Central East Austin neighborhood apartments rents
The rental market for studios in Central East Austin, Texas is showing signs of growth. In July 2023, there was one new studio listing, and the median rent for studios increased by 10.8% from June 2023 to July 2023, from $1,638 to $1,815. This suggests that the demand for studio apartments in Central East Austin is increasing, and that the rental market is becoming more competitive.
The rental market for 1-bedroom apartments in Central East Austin, Texas is showing signs of growth. In July 2023, there were 26 new 1-bedroom listings, a 5.0% increase in median rent from June 2023 to July 2023, and a median rent of $2,376. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in Central East Austin, Texas, is showing signs of growth. In July 2023, there were 17 new 2-bedroom listings, which is a 5.1% increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $3,031, which is a 5.1% decrease from the median rent in June 2023. This indicates that the rental market is becoming more competitive, with more options available for renters.