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Austin Apartment Rentals
Austin Texas apartments: Austin apartment, condos, Apartments in Austin for rent, apartment rental austin tx Your Free Austin apartment locator finder. Our Austin TX apartment  locating experts serve the entire Austin metro area including Cedar Park, Round Rock, & Pflugerville, Texas. We have a full listing of rentals  and will find you the ideal apartment inluding special requests like large dogs, short term leases  & affordable apartments  We want to be your Austin Texas apartment locator
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AUSTIN APARTMENT MARKET 


2015 AUSTIN APARTMENT REVIEW



Not many bargains for renters this year
Austin apartment rents rising 

A few years ago, Austin apartments were offering cruises and two months' free rent to lure tenants. Now the Austin', Round Rock and Cedar Park's continued job growth, together with a sharp decline in the number of new apartments units being built, has boosted occupancies to their highest level in more than 8 years.

Austin metro area rental rates are expected to increase about 7 1/2 percent this year, with rents averaging $1048 per month by the end of the year, according to M/PF, which tracks the apartment market in 58 cities nationwide. 

"Rents are going up, and specials are going down," said Mike Stotts, owner of HomePlace Apartment Search, an Austin-based apartment locator service. "The market is definitely on the upswing." 

  • Occupancy Increased Minimally Year-Over Year

  • 4th Quarter Saw Large increase in Effective Rents

  • Fundamentals are Strong and Jobs Continue to Increase

JANUARY 

Not surprisingly, August is a big month for the multifamily industry in the Austin area. With all the new leases for incoming students, we usually see impressive numbers for that month. 

There are more new units still in the pipeline as well as new projects being announced with expectations to begin construction early this year. Austin, however, is not experiencing the overbuilt conditions seen in many other Texas markets, so we should be able to handle these as they come on board. With the job market looking better, the fact that Austin never got hit too hard with this recession and that the fundamentals are in better shape here than in most places, the multifamily industry in Austin should look forward to a good year ahead.

ALN Apartment Data 

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Austin Market

General Overview                                                                 Dec 2009                          Annual Change



Occupancy:                                                                                    89.1                                         0%

Units Added:                                                                                 4,520                                    - 48.5%

Units Absorbed (Annual):                                                          4,039                                    +110.6%

Average Size (SF):                                                                         849                                       +0.5%

Asking Rent:                                                                                  $826                                      -4.3%

Asking Rent per SF:                                                                     $0.97                                      -4.8%

Effective Rent:                                                                               $788                                      -4.7%

Effective Rent per SF:                                                                  $0.93                                     -5.2%

% Offering Concessions:                                                              55%                                     +12.4%

Ave. Concession Package:                                                         7.7%                                    +10.6%


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Renting in Central Texas 

Rents are for 2-bedroom, 2-bath apartments. Occupancy rates are for all apartments. 

Date                   Average rent           Occupancy rate 

June 2000              $913                           98% 

June 2001               $951                          93% 

June 2002               $868                          90% 

June 2003               $812                          88% 

June 2004               $784                          89% 

June 2005               $811                          93% 

June 2006               $861                          95% 

Source: Capitol Market Research 

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Where cattle once roamed on 90 acres, the $125 million 1890 Ranch center will offer 800,000 square feet of stores, 100,000 square feet of offices, 50,000 square feet of restaurants and a 12-screen movie theate

Movies, shopping and dining are headed to Cedar Park, as Austin-based Endeavor Real Estate Group prepares to break ground in October on the town's first major regional retail center, which when completed, will rival Lakeline Mall in size. 

A 12-screen Cinemark Inc. theater and other tenants including a SuperTarget, OfficeMax and Petsmart, will anchor the $125 million mixed-use project, marking the first significant push of Central Texas' retail boundary north of Lakeline Mall. The shopping center, including the cinema, are expected to open in October 2007 at the northeast corner of RM 1431 and the new U.S. 183-A tollway. 

The shopping center will include a food court and large plaza designed to serve as a gathering spot for the town, a growing bedroom community northwest of Austin. 

Endeavor is calling the project 1890 Ranch, a tribute to the original name of the site, which once was a cattle ranch. The finished project will have 900,000 square feet, nearly as much as the 1.2-million-square-foot Lakeline Mall about five miles south on U.S. 183. 

The project will be developed in two phases on 90 acres. The first phase will have 530,000 square feet of retail, plus 100,000 square feet of office and medical office space. The second, which Endeavor expects to start in the first quarter of 2007, will have 270,000 square feet of retail. 

The project will be an important addition to Cedar Park's economy, allowing it to capture sales tax dollars that otherwise would go elsewhere, said Charlie Northington, a principal with Endeavor who is overseeing the project. 

The project is expected to generate several million dollars a year in sales taxes for the city, said Phil Brewer, Cedar Park's director of economic development. 

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The nearby hospital, scheduled to open in March 2008, "will add a daytime population that wouldn't be there otherwise," Ellis said. 

Ellis said the site has "all the makings of a strong retail location." 

The extension of Parmer Lane and construction of the U.S. 183-A toll road "create a brand new regional intersection for Cedar Park," Ellis said. 

About 82,000 people live within five miles of Endeavor's planned shopping center, Ellis said. The average annual income of those households is $80,900, more than in the heavily retailed Arboretum area in Northwest Austin, where many national chains have stores that are among their highest-grossing. 

Ellis added that the growth in Cedar Park "is going to be substantial in the near future with new residential," which in turn will drive demand for retail. 

Endeavor is developing several retail and mixed-use projects throughout Central Texas including the upscale Domain center that Endeavor and Simon Property Group are building near the Arboretum, and Southpark Meadows, a 425-acre retail and residential development at Interstate 35 and Slaughter Lane. 

Cinemark plans to open a 14-screen theater at Southpark Meadows in March. That, along with the Ranch 1890 cinema, will be two of four theaters with 54 total screens that the company plans to open in Central Texas in the next year, Cinemark President Alan Stock said. 

Other projects on tap for far Northwest Austin include Lakeline Station, a mixed-use development planned by Pacific Summit Partners for 335 acres near U.S. 183 and RM 620. The $400 million project is slated to include up to 3,000 homes, plus 150,000 square feet of neighborhood retail and would take up to eight years to complete. 

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Austin Texas apartments: 
Austin apartment, condos, Apartments in Austin for rent.  Your Free Austin apartment locator finder. Our Austin TX apartment  locating experts serve the entire Austin metro area including Cedar Park, Round Rock, & Pflugerville, Texas. We have a full listing of rentals  and will find you the ideal apartment inluding special requests like large dogs, garages, apartment rental austin tx, efficiencies, short term leases  & affordable apartments  - We want to be your Austin Texas apartment locator


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ABBEY ROAD 
ALEXAN CITY VIEW 
ALEXAN MIRAMONT 
ALEXAN MIRA VISTA 
ALEXAN RATTAN CREEK 
ALEXAN SILVERADO 
ALICANTE TOWNHOMES 
AMLI AT LANTANA HILLS
AMLI DOWNTOWN 
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AMLI MONTEREY OAKS 
AMLI SCOFIELD RIDGE 
ANDERSON MILL OAKS 
ANDERSON OAKS 
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ANDREWS PLACE 
APPLE CREEK 
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ARGOSY 
ASHBURY PARKE 
ASHDALE GARDENS 
AUBRY HILLS 
AUDUBON SQUARE 
AUSTIN LIGHTS 
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AVALON 
BALCONES WOODS 
BARRINGTON PARK PLACE 
BARTON CREEK LANDING 
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BENT TREE 
BLACKSTONE
BLUFF SPRINGS TOWNHOMES 
BRIDGEHEAD CONDOS 
BROADSTONE GREAT HILLS  
BROADSTONE CROSSING  
BROOK TRAVIS HEIGHTS 
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CAMDEN HUNTINGDON 
CAMDEN LAUREL RIDGE 
CAMDEN RIDGECREST 
CAMDEN RIDGEVIEW 
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CAMERON GREENS 
CANTEBREA CROSSING 
CANYON CREEK 
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CAPITOL VILLAGE 
CASCADES Austin 
CEDAR POINTE 
CENTENNIAL PLACE 
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CENTRAL PARK I & 2 
CHAMPIONS CROSSING 
CHANDLER CREEK 
CHANNINGS MARK 
CHASE VILLAGE III 
CHELSEA CREEKSIDE 
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CHELSEA REGENT 
CHELSEA VILLAGE 
CHEVY CHASE 
CHURCHILL CROSSING 
CLIFFS BARTON CREEK 
CLUB AT SUMMER VALLEY 
COLONIAL GRAND AT CANYON CREEK    - NEW
COLONIAL GRAND AT ROUND ROCK NEW
COLONIAL GRAND  AT SILVERADO  -  NEW
COLONIAL GRAND  AT SILVERADO RESERVE  NEW 
COLONIAL vILLAGE  AT SIERRA VISTA   
COLONIAL vILLAGE  AT QUARRY OAKS  
CLUB CREEK 
CONVICT HILL VILLAGE 
COPPER MILL 
COUNTRY CLUB CREEK 
COUNTRY PLACE 
COUNTRY PLACE ROUND ROCK
CREEK VILLAGE 
CRESCENT VILLAGE 
CRICKET HOLLOW 
THE CROSSING 
CUNNINGHAM 
CYPRESS CREEK AT LAKELINE Cedar Park 
DAFFODIL 
DAKOTA SPRINGS  - NEW
DEERFIELD 
DUVAL VILLA 
EASTSIDE COMMONS 
EDGE CREEK 
ENCLAVE AT LA FRONTERA ROUND ROCK
ENGLEBROOKS 
ENGLISH AIRE 
ESTATE AT QUARRY LAKE 
FALCONHEAD -SOUTHWEST
FOREST CREEK TOWNHOMES  RR TX
FOREST CREEK VILLAGE 
FORT BRANCH AT TRUMANS LANDING 
FOUNTAIN TERRACE 
FOUNTAINHEAD 
FOUR PARK PLACE A
FRENCH QUARTER 
GABLES WEST AVENUE 
GABLES AT THE TERRACE 
GABLES BARTON CREEK 
GABLES BLUFFSTONE 
GABLES CENTRAL PARK 
GABLES GRANDVIEW  
GABLES GREAT HILLS 
GABLES PARK MESA 
GABLES AT ROUND ROCK \
GABLES TOWN LAKE 
GABLES WEST AVENUE 
GAINES RANCH 
GATEWAYS 
GEORGETOWN PLACE - GEORGETOWN
GRANADA III 
GRAND RESERVE AT SUNSET VALLEY - SOUTH
GREAT HILLS Apartments 
GREAT HILLS VILLAGE 
GREYSTONE PARK 
HAMILTON 
HAMPTON 
HAMPTON PARK TERRACE
HARDROCK CANYON 
HERITAGE OAKS 
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HIGHLANDS HILL COUNTRY
HUNTINGDON MEADOWS 
WESTDALE CREEK 
JEFFERSON CANYON 
JEFFERSON CENTER 
JEFFERSON LAKES 
KEYSTONE 
LA MIRAGE - ARBORETUM
LAFAYETTE LANDING 
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LAKESIDE AT LA FRONTERA 
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LANTANA 
LAS PALMAS 
LAUREL WOODS 
LE MED 
LEGACY 
LEGACY WESTERN OAKS - SOUTHWEST
LIMESTONE RANCH - NORTH
LINCOLN OAKS - METRIC
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LODGE AT LAKELINE VILLAGE CEDAR PARK
LODGE AT WARNER RANCH Round Rock 
LOGANS MILL 
LONG BRANCH - NORTHEAST
LONGSPUR CROSSING 
MADISON AT SCOFIELD FARMS 
MADISON AT STONE CREEK 
MADISON AT THE ARBORETUM 
MADISON AT WELLS BRANCH 
MADISON WALNUT CREEK 
MANDALAY 
MANSIONS CANYON CREEK -620
MANSIONS OF ROUND ROCK 
MANSIONS ON THE GREEN 
MANSIONS AT STEINER RANCH 
MARLBOROUGH SQUARE 
MARQUIS AT BARTON CREEK 
MARQUIS AT CAPROCK CANYON 
MARQUIS AT IRON ROCK RANCH - SOUTH
MARQUIS AT LADERA VISTA - ARBORETUM
MARQUIS AT WALKERS BLUFF - METRIC
MCNEIL HOUSE 
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MONTEVISTA - 360
NALLE WOODS CONDOMINIUMS
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OAKWOOD AUSTIN AT CROSSPARK NORTHEAST
ON THE GREEN - NORTH
PARK PLAZA 
PENBROOK CLUB 
POLO CLUB - NORTHWEST
POST PARK MESA  
PRESERVE ROLLING OAKS 
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REGENCY PARK 
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RENAISSANCE NORTH BEND - METRIC
RETREAT AT WELLS BRANCH 
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RIVERLODGE - 2222
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SOUTH CLIFF 
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THE RANCH 
THE SUMMIT A
TINARA AT CANYON CREEK
THE TRIANGLE 
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VILLAGES OF BELLA VISTA - BRODIE
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VILLAS QUAIL CREEK 
WALDEN OAKS 
WALNUT CREEK CROSSING 
WALNUT GROVE 
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WESTDALE POINTE   
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WINDWOOD 
WOODMARK 
WOODMOOR 
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WOODSTONE 
1007 CONGRESS - SOCO
1825 PLACE - PFLUGERVILLE
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"I can't thank you enough for your help on Saturday.  I really appreciate the time that you spent w/ my father and I.  Please know that when it comes time for me to look into buying a house, I will let you know so that way I can continue to work with you. "
>
>Thank you again.
> Elaine.
-------------------------
Brittan and I just wanted to thank you so much for your help in getting us the PERFECT Apt.! ... I will be moving in on Saturday .... I am so excited to start my new journey! and thanks to you, it was a very enjoyable beginning process. Again we thank you and we will be in contact when we are looking for a home."

>Take care!
>Mariel M.


Downtown Austin Loft apartment
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 Downtown Austin Loft apartment 

View life with a beat Brand new luxury high-rise apartment in the vibrant 2nd Street District,the new Epicenter of  Austin's hip, upscale scene. Fantastic Views of Town Lake, Congress Bridge and fabulous sunsets through full floor to ceiling windows or from the large patio. All this & a cool contemporary decor make this cosmopolitan loft the "Primo"  downtown apartment in Austin.
 

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