The Austin rental market continues to see rising rents. The mortgage problems in the sub-prime mortgage loan market are helping rental markets in all parts of the U.S., as renters who should not be qualified to purchase a home are indeed remaining renters, as they should. Austin has the added benefit of a strong job [...]

The average rental price in Austin is up 7.6% from May of last year to $1377. The Median rental rate is up 3% to $1175/mo. Days on Market is down 27% and number of homes leased is down 15%. In short, our Austin rental market for single family homes continues to chug along very well, [...]

Average rents for single family homes in Austin jumped 10% in March 2007 over the same month a year ago, to $1301 per month. Median rent increased 8% to $1195, meaning half of all homes in Austin lease for more than $1195 and half for less. Average days on market for rental homes fell 18% [...]

The Austin Rental market keeps chugging along, not burning up any records, but a slow march back toward the better rental rates Austin landlords once enjoyed. Below are the rental stats for January 2007. Since we’re at the start of the year, I’m not doing a Year-to-Day, as obviously that would just be January anyway, [...]