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Is there such a word as Cheap Apartments in Austin Tx? The Austin Apartments listed below are called The Three C's - Cute, Clean & Cheap.
Austin has approximately 150 people per day moving into the area. Locating a cheap apartment in Austin Tx that is clean, safe & affordable can be very difficult.
A good cheap one bedroom, studio or efficiency apartment will lease very quickly.
The Apartments in Austin have a saying:
The Apartment you looked at today and want to think about until tomorrow ... is the same apartment someone saw yesterday and will take today!
I created this blog to help educate the folks about Austin's crazy rental market and to share with you some photos & info on some great apartments below.
Quick Info about Austin, Texas:
~Austin/Round Rock Population: Approx: 1,943,299 +/-
~Growth: Austin is the fastest growing city in the US (approx. 150 +/- people per day moving to the Austin area).
~Austin is ranked as the best large city in the US to live in.
~Austin is sometimes referred to as "Silicon Hills" with approximately 4700 +/- hi tech companies operating in Austin.
~Over 55% of the Austin population are renters. This makes Austin a very active rental market.
~Austin lays the claim to being the "live music capital of the world". The Austin Airport has live music (Music in the Air) in the afternoon & evenings.
~Austin is popular for independent and large budget film, television & commercial productions.
~Austin is the State Capital of Texas.
~Austin is home to the University of Texas.
~Austin is home to Formula 1 racing.
~In March 2016, the PGA golf tour is coming back to Austin.
~Austin has good weather approx. 290 days a year making Austin's abundant parks and lakes popular for hiking, biking, swimming, boating and other outdoor pursuits.
~Austin also has approximately 150,000 +/- students living (renting) in the Austin area.
Over 55% of the Austin population are renters. This makes Austin a very active rental market.
So the tradeoff with all this growth is that rents in Austin have reached historic highs with average rental prices of $1.15 per square foot and depending on location up to $3.00 per square foot.
As of June 2016, average apartment rent within 10 miles of Austin, TX is $1190.
One bedroom apartments in Austin rent for $1190 a month on average and two bedroom apartment rents average $1554.