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

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Bedroom Breakdown in Central East Austin

Studio
$1,815
MEDIAN RENT
1 Bedroom
$2,376
MEDIAN RENT
2 Bedroom
$3,031
MEDIAN RENT

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.

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 Central East Austin is $2,726.
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