Rent-Hikes in Austin Made the Case for Investing

Austin

2022/09/27

The median asking rent in Austin was $2,930 by the end of August. Rent prices in Austin ↑ 86.3% yearly in August. The median asking rent ↑ 27.9% yearly in August for all property types nationwide. Single-family home rentals are heavily driving the overall market, with rents ↑ >36% yearly to $2,350.