Luxe Austin Homes - rental market

"This COVID-era boomtown is suddenly the most affordable rental market in the US"

The NY Post writes, "When tech companies move in, rents have a bad habit of going up.

Recently booming Austin, Texas has managed to buck that trend. 

Besides a thriving live music scene, outdoor attractions, world-famous brisket and low taxes, the Lone Star State’s keeping-it-weird capital has something else surprising to brag about — low rents.

That’s right — after a sustained period of significant growth, Austin has managed to become country’s most affordable rental market, according to Realtor.com.

Furthermore, the city’s generous rent-to-income ratio also ranked it third in a multinational study of metro areas, Bloomberg reported. 

The famously oddball city’s welcoming rental market has emerged from a period of intense in-migration…

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"The Tech Hub Emerging as America’s Most Affordable Market for Renters"

Realtor.com reports, "while aspiring homeowners are facing economic headwinds, rents are becoming increasingly affordable nationwide, with Western and Southern metros leading the way. However, one metro stands out from the rest.

In September, Austin, TX, the COVID-19 pandemic-era boomtown and technology hub, overtook Oklahoma City, OK, as the nation's most affordable rental market.

A family earning a typical household income looking to rent in Austin would spend just 16.5% of their monthly paycheck on housing, down 2.8 percentage points from a year ago, according to the September monthly rent report from Realtor.com®.

"Austin's rising housing affordability is primarily driven by declining rents," says Realtor.com economist Jiayi Xu. "The…

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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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"Austin had the most pet-friendly rental listings on Zillow in 2024"

CultureMap Austin shares, "A new market trend report from Zillow has confirmed that pet-friendly rentals are leasing much faster than non-pet-friendly units, and Austin's rental market had the No. 1 most pet-friendly rental listings on Zillow in 2024.

The report, called "Saying Yes to Pets Helps Landlords Find a Tenant Faster," analyzed more than 11 million rental listings that appeared on Zillow last year to discover the share of pet-friendly rental listings in the biggest U.S. metros. The report also calculated the median number of days it took for pet-friendly units to find a tenant, in comparison to than those that did not allow pets.

The Lone Star State as a whole led the nation with the most pet-friendly rental listings on Zillow.…

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"2 big apartment complexes pegged for North Austin"

Austin Business Journal reports, "Two big multifamily projects are in the works for North Austin.

Developers have filed plans with the Texas Department of Licensing and Regulation for two projects that would see almost 800 residences and more than one million square feet of new development built over the next two years. They're planned at a time when the city is grappling with elevated vacancy rates in its multifamily market, but there's a hope that by the time they're delivered, the market will be in a healthier place.

Brockton Residential

The first of the two new North Austin projects is called Brockton Residential. From Atlanta-based Portman Holdings, the project is being planned at 2545 Brockton Drive, according to the TDLR filing.

The…

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"Austin Tops Graduate Friendly List"

Realty News Report reports, "The Class of 2025 just completed their years of classroom studies and have left familiar campuses behind to begin a new mission in life – to establish careers and find suitable places to live.

In its just-released document listing the “Top 10 Rental Markets for Recent College Grads,” the real estate website dubbed Austin the Number 1 U.S. city for newly launched degree holders to kick off their careers and plant the seeds of a new lifestyle in a location that’s affordable, packed with fitting job opportunities, an active social scene and lots of networking chances, particularly with other recent grads.

The roster which places Austin, Raleigh, N.C. and Overland Park, Kan. in the top three slots alongside seven other…

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"New monthly data shows closed leases are up, median rents down across Austin metro"

Community Impact Austin writes, "Leasers in the Austin-Round Rock-San Marcos Metropolitan Statistical Area now have access to some additional insight into the MSA's residential rental market.

Austin Board of Realtors officials announced Feb. 13 that it would begin tracking leasing data across the MSA through Unlock MLS’ monthly Central Texas Housing Report, which already includes home sales data.

Explained

Unlock MLS houses ABoR's Multiple Listing Service, or the platform that Realtors use to share information about homes on the market.

The expansion to include leases gives a more transparent and robust picture of the region’s real estate market, said Brandy Wuensch, 2025 Unlock MLS and ABoR president, in a news release.

“With the increased leasing…

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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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"Austin suburbs are some of the top U.S. hot spots for new rental homes"

CultureMap Austin shares, "A new rental report has revealed Texas is leading the nation with the highest single-family home rental construction growth, and Austin is among the top 10 U.S. metros building the most new homes for rent.

The analysis from rental listings website Point2Homes examined construction rates and building permit data for single-family homes that are "located in build-to-rent, professionally managed communities" across America. For the purpose of the study, build-to-rent communities are defined as those where a majority of homes eitherdon't share any walls with each other, or so have some shared walls but do not have neighbors above or below, or have a direct-access garage.

According to the report's findings, Austin's rental…

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