Rental market snapshot for RMMA, Austin

RMMA rental market summary

The rental market in RMMA, Texas is showing signs of growth. In July 2023, there were 68 new listings, a 6.0% increase from June 2023. This is a positive sign for the rental market in RMMA, as it indicates that more people are looking to rent in the area. Additionally, the median rent in July 2023 was $3,195, a 6.7% increase from July 2022. This suggests that rental prices in RMMA are increasing, which could be a result of increased demand for rental properties in the area.

Overall, the rental market in RMMA, Texas appears to be healthy and growing. With more people looking to rent in the area and rental prices increasing, it is likely that the rental market in RMMA will continue to grow in the coming months. This could be a great opportunity for those looking to invest in rental properties in the area, as the market appears to be on the rise.

Median rent for all residential properties in RMMA

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in RMMA

Most Expensive Listings

AddressRent PriceBed / Bath
2213 McBee St$5,2004 / 3.0
4213 Berkman Dr$4,2903 / 2.5
2301 Simond Ave$3,9003 / 2.5
1911 Philomena St$3,5652 / 2.0
1911 Philomena St$3,5592 / 2.0

Top Trending Buildings

building nameavg rent price
AMLI Residential$2,673

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in RMMA

Studio
$2,215
MEDIAN RENT
1 Bedroom
$2,494
MEDIAN RENT
2 Bedroom
$3,454
MEDIAN RENT

RMMA neighborhood apartments rents

The rental market for studios in RMMA, Texas is showing signs of growth. In July 2023, there were two new studio listings, which is an increase from the previous month. The median rent for studios in July 2023 was $2,215, which is an 11.6% increase from the median rent in June 2023 of $1,985. This suggests that the rental market for studios in RMMA is becoming more competitive, and renters should expect to pay more for their desired studio space.

The rental market for 1-bedroom apartments in RMMA, Texas is showing signs of growth. In July 2023, there were 12 new 1-bedroom listings, representing an increase in the number of available units. The median rent for 1-bedroom apartments in July 2023 was $2,494, a 4.1% increase from the median rent in June 2023. This suggests that demand for 1-bedroom apartments is increasing, and that the rental market is becoming more competitive.

The rental market for 2-bedroom apartments in RMMA, Texas in July 2023 is relatively stable. There were 9 new listings in July, and the median rent remained the same as the previous month at $3,454. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.

Explore other Austin Neighborhoods

Windsor Park
Upper Boggy Creek
MLK 183
Wooten
Southeast
East Congress

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 RMMA is $3,195.
Made withDataherald