The Austin lease market is INCREDIBLY hot due to the number of people that continue to move to Austin and fewer lease homes available.
â€¢ Towards the end of 2011, there were 32% FEWER rental properties (including homes, condos, townhomes, duplexes, etc) on the market than the year before
â€¢ There has been an approximate 7-10% GAIN in monthly rent amounts in 2011
â€¢ 5-10% rental increases are forecast for 2012, as well!
â€¢ Experts estimated less than 1,000 apartment units were added in 2011
â€¢ Experts estimate 44,000+ NEW JOBS in the Austin area in 2011 and 2012
â€¢ Experts estimate 125,000+ NEW PEOPLE are moving to the Austin area in 2011 and 2012
As the available inventory goes down the average rental price generally rises. The quality properties go very quickly so you need to be ready to view, complete an application and decide on your next home very rapidly.
Select Austin Real Estate is a full service real estate brokerage. Not only can we help with sale transactions, we can also help with apartments and rental homes; including single-family homes, condos, townhomes, duplexes, fourplexes and other multi-family properties. Our services include:
â€¢ Discussion of rent amounts by area & type of property
â€¢ Identification of potential apartments and/or homes that meet your criteria
â€¢ Showing of apartments and/or rental homes
â€¢ Identifying & providing the necessary paperwork and criteria for application and approval
â€¢ Communicating and arranging of key items up to and beyond move-in day
To view information about leasing apartments and our services, click here:
To view information about leasing rental homes and our services, click here:
Rental Home Information
To search for rental homes using a map of Austin, click here:
Rental Home Search
If you have any questions about apartments or rental homes in the Austin area or need help finding & applying to a suitable apartment or home, please feel free to contact us.