Found 3 blog entries tagged as renting.

Living in Austin doesn't come cheap, but renting can save residents $1,000 per month or more. Photo by Regys Lima on Unsplash

CultureMap Austin writes, "The affordability of homeownership seems to be a hot topic of 2025, and the cost difference between renting and buying a home in Austin adds up to more than $1,000 per month, according to a new housing cost analysis by SmartAsset.

The 2025 report, called "Renting vs. Buying: How Housing Costs Compare Across America," examined the median monthly homeownership and rent costs in 342 of the largest U.S. cities.

The study's findings revealed Austin homeowners spend a median $2,768 on their monthly housing costs, whereas renters spend about $1,764 in comparison.

Austin ranked No. 58 in the report's rankings of cities where homeownership is more expensive than renting.

This study compares median costs for each group of…

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The Austin real estate market is in the middle of a shift.  While the housing market in Austin is still a seller's market, the trend is changing. More would-be buyers are now renting, thanks to a cooling down market. Next year, the market will shift from a seller's to a buyer's market.

Austin's Housing Market Pushed More Would-be Buyers Into Renting During Covid-19 Pandemic

Before the COVID-19 pandemic, Austin's housing market was tight, with rents rising by about 5% annually. In Austin alone, there are nearly 125 people moving every day. In addition, builders haven't kept up with demand, and city zoning laws limit the building of new multifamily housing. As a result, home prices have reached new peaks. In May alone, the median sale price in Austin…

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After a two-year boom, the United States housing market finds itself at a pivotal moment — but pivoting to what, exactly?

This spring should have been a busy time for home sellers. Instead, the season was a dud, stalled by a dramatic spike in mortgage rates that stunned even industry experts with its chilling effect on the market.

The frenzied environment we had become accustomed to — with its eye-popping price increases and bidding wars that left buyers dejected and sellers giddy — suddenly seemed to be a thing of the past. While buyers stood on the sidelines, recalculating their much larger mortgage payments, sellers began to realize that offers of $100,000 or more over asking might not be forthcoming.

And over in the rental market,…

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