Rental market snapshot for Montopolis, Austin
Montopolis rental market summary
The rental market in Montopolis, Texas is showing signs of growth. In July 2023, there were 119 new listings, a significant increase from the previous month. The median rent also increased from $2,000 in June 2023 to $1,955 in July 2023, representing a 2.2% increase. This is a continuation of the trend of increasing rents in Montopolis, with the median rent increasing 8.9% from $1,795 in July 2022 to $1,955 in July 2023. This indicates that the rental market in Montopolis is becoming increasingly competitive, with more people looking to rent in the area.
Overall, the rental market in Montopolis is showing signs of growth and increasing demand. With more new listings and rising rents, it is becoming increasingly difficult to find affordable rental options in the area. As such, it is important for potential renters to be aware of the current market conditions and to act quickly when they find a suitable rental property.
Median rent for all residential properties in Montopolis
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The most expensive listings and top trending buildings in Montopolis
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1714 Frontier Valley Dr | $3,200 | 3 / 2.5 |
7405 Oberon St | $3,095 | 4 / 2.5 |
7209 Lysander Ct | $3,000 | 3 / 2.5 |
1604 Anise Dr | $2,895 | 3 / 2.0 |
1101 Grove Blvd | $2,750 | 3 / 2.5 |
Top Trending Buildings
building name | avg rent price |
---|---|
Apartment Management Professionals | $1,941 |
Greystar* | $1,724 |
RPM Living | $1,574 |
LPC RentCafe CRM | $1,526 |
Allied Orion Group | $1,455 |
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Bedroom Breakdown in Montopolis
Montopolis neighborhood apartments rents
The rental market for studios in Montopolis, Texas is showing a slight increase in July 2023, with two new listings and a 1.5% increase in median rent from June 2023 to July 2023. The median rent for studios in July 2023 is $1,246, which is slightly higher than the median rent of $1,227 in June 2023. This indicates that the rental market for studios in Montopolis is slowly increasing, and may continue to do so in the coming months.
The rental market for 1-bedroom apartments in Montopolis, Texas is showing signs of stability. In July 2023, there were 30 new 1-bedroom listings, and the median rent for 1-bedroom apartments only increased by 1.3% from June 2023 to July 2023, from $1,661 to $1,640. This indicates that the rental market is not experiencing any drastic changes, and that the prices of 1-bedroom apartments are staying relatively consistent.
The rental market for 2-bedroom apartments in Montopolis, Texas is showing signs of growth. In July 2023, there were 10 new 2-bedroom listings, which is a 15.4% increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $2,000, which is a decrease of 15.4% from the median rent in June 2023. This indicates that the rental market for 2-bedroom apartments in Montopolis is becoming more affordable and is likely to continue to grow in the coming months.