Austin's building a ton of new apartments, and guess what? Rents are actually going down because of it! More housing means more options and lower prices for renters.
At a glance
Rising — being discussed more frequently. 1 mention in the last 30 days.
Your rent might finally be going down thanks to all the new buildings popping up!
Renters are the big winners here, getting more bang for their buck.
No groups negatively affected
Many apartment operators are competing for renters rather than the other way around — a result of one of the most aggressive apartment construction booms Austin has ever experienced.
Austin’s Surge of New Housing Construction Drove Down Rents The Pew Charitable Trusts
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