Austin had the largest rent in April at $1,374, an increase of $60 compared to April last year.
AUSTIN, TX—Texas’ largest cities are still in the Goldilocks zone of rents, aka under the national average, according to RENTCafe’s recent rent report using data compiled from actual rents charged in market-rated apartments. The national average rent among the 250-city scope reached $1,436 in April, up $42 since last year, a 3% change.
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Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.