Apartments for rent in Austin TX
7500 S IH-35, Austin, TX 78745 There is so much to love about Ladera. The apartments in south Austin TX are modern and…
501 E Oltorf St, Austin, TX 78704 With social activities at hand that complement a relaxing lifestyle, District at SoCo apartments is…
1621 E 6th St, Austin, TX 7870 Beds: 0-2 Baths: 1-2 The Arnold apartments is that one community that truly can say the…
13201 Legendary Dr, Austin, TX 78727 Beds: 1-3 Baths: 1-2 Highline features everything you want in an apartment home. This setting in…
4800 Steiner Ranch Blvd, Austin, TX 78732 Beds: 1-3 Baths: 1-2.5 There is so much to love about Bell Steiner Ranch that…
5608 Avenue F, Austin, TX 78751 Beds: 1-3 Baths: 1-2 The North Loop is home to some lavish apartment homes. West Koenig…
3300 W Wells Branch Pkwy, Austin, TX 78728 Beds: 1-3 Baths: 1-2 Looking for that perfect home that offers it all? 33 Hundred offers…
5705 Diehl Trail Austin TX 78727 We want to be the first to welcome you to one of Austin’s most exhilarating communities.…
Beds: 1-3 Baths: 1-2 South Austin provides a distinct look and feel that’s different than the rest of the city. That is…
2401 Aldrich St, Austin, TX 78723 Beds: 1-3 Baths: 1-2 Centered around a collection of retail establishments, AMLI on Aldrich really offers…
5350 Burnet Rd, Austin, TX 78756 Beds: 1-2 Baths: 1-2 When you lease with AMLI you cant count on a first-rate apartment experience.…
3400 Harmon Ave, Austin, TX 78705 Beds: 1-3 Baths: 1-2 Sabina offers you luxury apartment living right here in Austin, TX. Enjoy…
2025 E 7th St, Austin, TX 78702 Beds: 1-2 Baths: 1-2 Austin has so many distinct neighborhoods that each offer their own flavor.…
1900 Onion Creek Pkwy, Austin, TX 78748 Beds: 1-3 Baths: 1-2 We invite you to come check out our luxury apartments in…
8101 San Felipe Rd, Austin, TX 78729 Beds: 0-2 Baths: 1-2 Every inch of Urban North serves a purpose. Our apartments in…
|Austin Market Report||Data Accurate April 2020|
|Average Rental Price||$1,313|
|Average Rental Size||874 square feet|
|Average Occupancy Rate||91.1%|
|Operating Supply||1,020 communities |
|Under Construction||50 commmunitiies|
|Hottest Markets||Round Rock/Georgetown|
Austin TX City Guide
Lets start off by saying that the most expensive apartments in Austin TX can be found in Downtown. If you like luxury buildings and lots of extra amenities, start there. With Apple building a new campus here, you can expect rents to further increase.
For 2020 we can expect rents to outpace the national average in Austin. For one, there is a housing shortage. There is a rapid increase in population and a continued lack of new homes. When you look at how many people are moving into the area, it just makes sense that Austin apartment prices will rise. According to Austin Curbed.com, average rents in January come in at $1230 for a 1 bedroom apartment home.
There is so much to love about Austin. With a rich history, great work opportunities, and lots of extracurricular activities, you can see why so many people move to the capital of Texas. Many might say that the geographical location is unmatched by any other metropolis in the state. Austin features lots of rolling hills, lakes, and rivers which provide perfect recreational activities. here are plenty of modern new Austin rentals available for rent. Housing can also be found in both the north and south parts of Austin. There is no best area.
Did you know that Austin is located right on the Colorado River? The elevation does vary by 600 feet from its lowest to the highest point above sea level. Like its neighbors, Austin has red-hot summers and mild winters. That’s perfect for those of you who prefer to wear shorts for the majority of the year and hate to shovel snow from your front porch.
Known by the slogan “keep Austin weird”, residents here think of themselves a little different than those that live close to other Texas cities. It’s known as the “live capitol music of the world”. Did you know that it is home to over 200 live music venues? Austin also features notable restaurants and is home to the University of Texas. The Texas Longhorns are the most important sports topic around the city, as it lacks any professional sports teams. And residents here like it that way. So read on to discover what this city is all about and you try and locate the perfect Austin listings available for rent.
Among the observations and prognostications: “The Austin economy is operating near or at full employment, which is making it difficult for firms to hire workers.” That tight labor market is expected to slightly limit employment growth rates for the next two years.(R)
Austin Business and Economics
What makes any economical city sound, are great employment opportunities. Many companies have recognized an opportunity in the form of low tax rates, and are reaping the benefits. Many notable companies such as IBM, Apple, and Dell (headquarters in Round Rock) have sizable interests in this southern region. It’s a major hub for computer software and hardware companies around the entire country.
It’s no secret that the economic environment has led to an explosion in the entire population. Texas has no personal or corporate income tax to speak of. The Austin population is well over 900,000 and continues its explosive growth compared to the rest of the nation. As a result there has been an explosion of rentals like condos, and townhomes to fill the demand.
The greater Austin area claims its workforce is one of the most educated in the entire country. Over 41 percent of adults hold an undergraduate degree, compared to just over 30 percent for the country. That puts Austin in rare territory. The region claims to have over 50 universities and hundreds of thousands of students in universities.
Recreation and Fun Close in Austin
Not only is Austin affordable, it has a high economic growth rate. Anytime jobs are in high demand, you can bet that those looking for employment will come calling. Not only do you have renowned companies, Austin also has a spectacular environment and vibrant culture.
If you decide to lease a rental in Austin, you will have access to myriad pubs, lots of live music venue, and of course some of the most flavorful restaurants around the country.
Not sure where to start? You can’t go wrong with choosing to live in Downtown. The epicenter of the city is home to myriad hiking, biking, and water activities. Whether you are up for an early jog or a row in the Colorado River, residents have a plethora of options. This area is highly walkable. And it’s easy to see why Austin is one of the states fittest cities. Downtown also is home to a litany of retail shops, outdoor spaces, and sightseeing. Many accommodations will be located near the stops you most frequent. Most apartments for rent in Downtown Austin are going to fit in the luxury category.
How to Get Around Austin
Like most Texas cities, you probably will need your own vehicle. Students who live near walking distance of the University of Texas can probably do without. But that doesn’t mean there aren’t any reliable metro options. Capital Metro Rail runs from north to south and back. There is also Metro Bus. Students can catch a bus to and from the University of Texas with a valid ID.
Popular Neighborhoods w/ Apts
We have to start with Sixth Street. It’s probably one of the most well-known areas around the city and is home to plenty of bars, music, and food. It’s one of the favorite stops in the city.
The Arboretum is located in the northwest. Not only are you going to see lots of options, this area boasts lots of retail and shopping opportunities. The Arboretum at Great Hills is home to some of your favorite restaurants and stores. Its setting is heavily wooded.
To the south, Barton Hills is home to mostly older residences, and plenty of places to live in South Austin. It also features the Barton Creek Greenbelt. Hiking and biking are plentiful here. There is also a nearby spring. If you love the outdoors then this might be the place for you.
The capital of Texas has some of the most affluent neighborhoods in the entire state. West Lake Oaks-Bee Creek Terrace might be the richest across the entire city. Residents are located in close proximity to the Colorado River, and have awesome views, and are zoned to some of the finest schools in the city.
Apartment Rental Tips to Remember
One thing you can absolutely count on is the summer heat. And we mean super hot. Count on your air conditioning bill to hit the far reaches of the solar system. But newer communities have top-notch energy efficiency. That should help reduce your usage. Also, be prepared for a rental notice at the end of your first lease term. That is pretty standard in most places, especially if there aren’t many vacancies.
Furnished listings are going to be very pricey. Be sure to check with a furniture rental companies for a comparable price. There aren’t many cheap apt housing options Downtown.
Ask about the availability of floor plans before you tour. Photos can be misleading. Try not to make a final leasing decision based upon viewing photos of apartments in Austin online. That never ends well.
Pricing in Austin
Like any major city, certain neighborhoods will be considered “hot” while others are not. And concessions will be made when necessary. Deals will come in 3 different forms. These include free rent, a move in special, and discounted floor-plans. It’s safe to say that a 1 bedroom apartment in Downtown will easily fetch over $1500 per month.
Try Craiglist for many additional local listings. You might discover private houses for rent in Austin. A good apt locator in Austin can cut your search time down.
Frequently Asked Questions
Cheap rentals in austin ?
Try south along I-35 near San Marcos. You might be able to grab something in the high $700-$800 range. The southeast side towards Riverside Drive also boasts very affordable rental rates. North Lamar features many properties with units constructed in the 80’s. All of these latter neighborhoods will help you avoid the jaw-dropping rents many are paying today.
Is this really the norm for renewing your apt lease in Austin?
If you are referring to rent increases, then typically yes. Especially if your building has very few vacancies. This will occur every year. So you might want to sign a lease as long as possible. If you choose to go with a private rental, then you may escape these sorts of increases in your rent.
Any clean and nice apartments close to austin around 750?
Not really. If you can find a roommate then you shouldn’t have a problem finding a 2 bedroom for $1500.