New numbers show Austin rental rates are rising. For the second quarter of 2015, the average monthly rent for a single-family home in the Austin area is $1580. That's up 10 percent compared to last year. It's a perfect storm for investors. Rent is high, availability is low and renting becomes more popular each day in Austin.
After a year of renting, Julia Webber returns to her newly remodeled home with a renovated perspective.
"I was shocked to see what the rental costs were versus the condition of the rental property that we ended up having," said Webber.
Read more...Austin Rental Rates Up 10 Percent Over Last Year - keyetv.com Austin News, Weather, Traffic KEYE-TV Austin - Top Stories
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