Luxe Austin Homes - apartments

"PIPELINE SHRINKS FOR SKY-HIGH LIVING"

Austin Business Journal writes, "There's likely to be a multiyear pause in new residential construction in downtown Austin in the wake of a recent building boom, experts say.

Downtown residential projects completed in recent years include the 56-story The Modern Austin Residences developed by Urbanspace, the 41-story Vesper condo tower developed by Pearlstone Partners and The Linden, a 28-story condo tower developed by Reger Holdings LLC and the Armenia Group.

The area has been a big draw for wealthy Austinites, lured by its unique combination of nightlife attractions, dining opportunities, residential development and office buildings that make it possible to live close to work. That has made the main downtown ZIP code — 78701 — the wealthiest…

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"Austin is building more new apartments than any other U.S. city"

CultureMap Austin writes, "It seems that Austin will keep building as long as the people keep moving here. A new apartment construction analysis finds that Austin has the No. 1 highest apartment construction rate out of all U.S. cities this year, with more than 15,000 new units expected to be completed from the beginning of the year to the end of December 2025.

RentCafe's report, "New Apartment Construction Tops 500K Units This Year, More Than Half in 1 Region" examined apartment building data across 369 U.S. metro areas, specifically buildings containing 50 or more units.

More than 500,000 apartments are in development throughout the country this year, the report found, though that's significantly lower than the 640,000-plus units that were…

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"Analysis quantifies impact on rents when apartment supply increases"

Austin Business Journal shares, "Apartment rents typically drop when new units are added to a market's housing supply, but a new analysis quantifies by how much.

The study by the Pew Charitable Trusts on rent changes in major U.S. cities from 2017 to 2024 determined that for every 10% increase in a ZIP code’s housing supply, rent growth was 1.4% less compared to a ZIP code that had no additional housing supply. The Pew analysis also found that a 10% increase in a market's housing supply correlated to rents growing 5% less from 2017 to 2024.

In Austin, which has undergone an apartment building boom in recent years, the biggest rent declines were for older and lower-quality units, the study found.

Alex Horowitz, project director of housing…

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"Austin named 4th best U.S. city for renters in 2025"

CultureMap Austin shares, " A summer RentCafe report has found Austin's ideal market for renters has eclipsed most other American cities, earning it a top-five spot among the best U.S. cities for renters in 2025. It's northern neighbor Round Rock also made it into the top 10.

RentCafe's "Best Cities for Renters to Live in 2025" report annually compares 150 U.S. cities based on 20 factors examining their quality of life, local economy, and cost of living and housing opportunities. The report notes that cities were chosen if they had an "apartment stock" consisting of a minimum 10,000 units, and any cities with lower apartment stocks were excluded.

Austin ranked 4th overall on the list, three spots higher than its 2024 ranking, while Round Rock…

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"Kyle's apartment rent prices rivaled Austin's, surpassed suburbs in June"

CultureMap Austin shares, "apartment rent prices in June were more expensive in Austin and Kyle than they were anywhere else in the metro, according to the latest monthly rental report from Zumper.

The rent report, which analyzed active listings from the previous month across all cities in the Austin area, tracks the most and least expensive rent prices for one- and two-bedroom apartments, and determines the cities with the fastest growing rents. Listings were aggregated by city to calculate median asking rents.

Despite being the most expensive rent in the region last month, the asking rent for one-bedroom apartments in both Austin and Kyle technically hasn't risen or decreased since this time last year. The asking rent for one-bedrooms in both…

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"Multifamily project on tap along Colorado River in East Austin"

Austin Business Journal shares, "An East Austin lumber yard could be redeveloped into hundreds of multifamily units.

The 300-plus-unit project is planned at the former site of Eastside Lumber & Decking near the intersection of East Cesar Chavez Street and North Pleasant Valley Road.

The developer of the project, JLB Cesar Chavez, is Dallas-based JLB Partners, according to a filing with the Texas Department of Licensing and Regulation. The property owner is an entity called TRG Cesar Burleson LLC, according to Travis Central Appraisal District. The address of TRG Cesar Burleson LLC matches that of Dallas-based Trinsic Residential Group.

Neither JLB nor Trinsic — known apartment players in this market already — responded to requests for…

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"Multiple new multifamily projects on tap, from The Domain to South Congress"

While deliveries of multifamily projects in the Austin area have been forecast to decline in the coming years, some are still being planned.

From The Domain to South Congress Avenue, developers have projects on tap ranging from townhome complexes to mid-rise apartment buildings, according to three site plan applications filed with the city. They're in the works at a time when uncertainty swirls around the metro's multifamily market and a number of other projects have been canceled or delayed.

Multifamily vacancy came in at 15.5% in April, according to ApartmentData.com, an elevated level that's a concern for developers and property managers because high vacancy rates lead to lower rental rates and less new development as investors hesitate to…

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"Major homebuilder Taylor Morrison enters multifamily market in Austin metro"

Austin Business Journal shares, "One of Austin’s busiest single-family homebuilders is diving into the multifamily market in Central Texas.

Arizona-based Taylor Morrison, the fourth-busiest homebuilder in Austin last year, is bringing its multifamily brand, Yardly, to Pflugerville, according to an announcement. The new development, called Yardly Kelly Lane, will have 175 apartment-style units that are elevated a bit from traditional apartments with features like private backyards.

And while Austin’s multifamily housing market is experiencing elevated vacancy rates, Darin Rowe, Yardly president, said the company views the project as a long-term investment in a market that will eventually normalize.

Yardly Kelly Lane will be built on an 11-acre…

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"What are Austin’s cheapest neighborhoods for renters?"

KXAN Austin writes, "After Real estate experts reported in December Austin had the largest rent decrease between 2023 and 2024 of the country’s largest metros, new insight from Rent.com data is revealing which capital city neighborhoods are cheapest for renters.

Rent.com pulled average rental data and annual change data for Austin from February 2025 figures, with all neighborhoods included listed on the apartment search engine’s rental market trends dashboard.

Rent.com’s analysis revealed the average rental prices in Austin included $1,261 for a studio (up 14% year over year), $1,387 for a one-bedroom apartment (down 4% year over year) and $1,713 for a two-bedroom unit (down 3% from this time in 2024).

Looking at the proportions of rental units…

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"Austin Knocks Nashville Off Top Spot for U.S. Remote Workers"

Realtor.com shares, "Austin, TX, has dethroned Nashville, TN, as the most attractive rental apartment market for remote workers, after the "Music City" spent two consecutive years atop the list. Another major Texas city claimed the third spot.

Capital Economics, a London-based consulting firm, released its latest analysis on Mar. 3 looking into apartment markets based on remote workers' preference scores. The analysis examined a variety of factors, including the local job market, cost of living, desirability, and climate—revealing some major shifts in the cities' standings.

Austin grabbed the lead, followed by Nashville and San Antonio, TX, rounding out the top three. Nashville topped the list as the most desirable apartment market for remote…

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