Rental market snapshot for South Manchaca, Austin
South Manchaca rental market summary
The rental market in South Manchaca, Texas is showing signs of growth. In July of 2023, there were 39 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $2,400, a 41.6% increase from the previous month. This is a 4.0% increase from the median rent in July of 2022. This indicates that the rental market in South Manchaca is becoming increasingly competitive, with more people looking to rent in the area.
The increasing demand for rental properties in South Manchaca is likely due to the area's growing population and job opportunities. With more people looking to rent in the area, landlords are able to increase their rents to meet the demand. This is reflected in the median rent for July 2023, which is significantly higher than the median rent for July 2022. As the rental market in South Manchaca continues to grow, it is likely that the median rent will continue to increase as well.
Median rent for all residential properties in South Manchaca
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The most expensive listings and top trending buildings in South Manchaca
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
4810 Enchanted Ln | $3,900 | 4 / 3.0 |
4526 Merle Dr | $3,400 | 3 / 2.5 |
5915 Swayden Ln | $3,300 | 3 / 2.5 |
4300 Mount Vernon Dr | $3,250 | 4 / 2.0 |
4411 Gillis St | $3,225 | 3 / 2.5 |
Top Trending Buildings
building name | avg rent price |
---|---|
Terrain Apartments | $1,300 |
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Bedroom Breakdown in South Manchaca
South Manchaca neighborhood apartments rents
Uh-oh! Looks like we don't have any data in South Manchaca, Texas, for studios.
The rental market for 1-bedroom apartments in South Manchaca, Texas remains steady in July 2023, with no change in median rent from the previous month. There was only one new listing in July, indicating that the market is not seeing much growth. This suggests that the rental market in South Manchaca is relatively stable, with no major changes in the near future.
The rental market for 2-bedroom apartments in South Manchaca, Texas is showing signs of growth. In June 2023, there were two new 2-bedroom listings, and the median rent for these apartments was $1,500, representing a 37.4% decrease from the median rent in May 2023. This suggests that the rental market for 2-bedroom apartments in South Manchaca is becoming more affordable, and that more people are likely to be able to find a suitable rental in the area.