Rental market snapshot for North Austin, Austin
North Austin rental market summary
The rental market in North Austin, Texas is showing signs of growth. In July 2023, there were 164 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $1,300, a 9.7% decrease from the previous month and a 25.7% decrease from the same time last year. This suggests that the rental market in North Austin is becoming more affordable, which is good news for renters.
Overall, the rental market in North Austin appears to be on the rise. With more new listings and lower median rent prices, it is becoming an attractive option for renters. This could lead to increased competition for rental properties, so it is important for renters to act quickly when they find a property they like. With the right research and preparation, renters can find a great deal in North Austin.
Median rent for all residential properties in North Austin
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The most expensive listings and top trending buildings in North Austin
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 1612 Springer Ln | $2,950 | 3 / 2.0 |
| 1738 Rutland Dr | $2,900 | 4 / 3.0 |
| 9000 Briardale Dr | $2,840 | 3 / 2.0 |
| 8405 Staunton Dr | $2,800 | 4 / 2.0 |
| 9202 Collinfield Dr | $2,800 | 4 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| RPM Living | $1,213 |
| Metric Property Management | $1,200 |
| ACA Property Management | $1,137 |
| Redstone Conventional | $1,125 |
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Bedroom Breakdown in North Austin
North Austin neighborhood apartments rents
The rental market for studios in North Austin, Texas, is showing a slight decrease in rent from June to July 2023. There are 10 new studio listings in July 2023, with the median rent for studios at $1,055, which is 1.8% lower than the median rent in June 2023, which was $1,074. This indicates that the rental market for studios in North Austin is stable, with a slight decrease in rent from month to month.
The rental market for 1-bedroom apartments in North Austin, Texas is showing signs of growth. In July 2023, there were 33 new 1-bedroom listings, which is a 6.1% increase from the previous month. The median rent for 1-bedroom apartments in July 2023 was $1,150, which is a 6.1% decrease from the median rent in June 2023. This indicates that the rental market is becoming more competitive, with more options available for renters.
The rental market for 2-bedroom apartments in North Austin, Texas, in July 2023 is relatively stable. There were 16 new listings in July, and the median rent remained the same as in June at $1,550. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.