Rental market snapshot for West Congress, Austin
West Congress rental market summary
The rental market in West Congress, Texas is showing signs of growth. In July 2023, there were 32 new listings, a sign that more people are looking to rent in the area. The median rent in July 2023 was $1,974, a 0.3% increase from the previous month. This is a significant increase from the median rent in July 2022, which was $1,782, a 10.8% increase. This indicates that the rental market in West Congress is becoming more competitive and that rents are increasing.
Overall, the rental market in West Congress, Texas is on the rise. With more new listings and increasing rents, it is becoming an attractive option for renters. As the market continues to grow, it is likely that rents will continue to increase as well. This is good news for landlords, as they can expect to see higher returns on their investments. For renters, however, it means that they will need to budget more carefully in order to afford the rising rents.
Median rent for all residential properties in West Congress
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The most expensive listings and top trending buildings in West Congress
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 407 Philco Dr | $5,200 | 4 / 3.0 |
| 5104 Hedgewood Dr | $3,500 | 3 / 2.0 |
| 5207 Creekline Dr | $3,100 | 3 / 2.0 |
| 411 W Saint Elmo Rd | $3,000 | 2 / 2.0 |
| 504 Clover Ct | $3,000 | 4 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Greystar* | $1,457 |
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Bedroom Breakdown in West Congress
West Congress neighborhood apartments rents
Uh-oh! Looks like we don't have any data in West Congress, Texas, for studios.
The rental market for 1-bedroom apartments in West Congress, Texas is showing signs of growth. In July 2023, there were 4 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,470, which is a 10.6% decrease from the median rent in June 2023 of $1,644. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants.
The rental market for 2-bedroom apartments in West Congress, Texas is showing signs of growth. In July 2023, there were 6 new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $1,968, which is a 4.5% decrease from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 2-bedroom apartments in West Congress, Texas is looking positive.