Wednesday, July 6, 2016

Dallas Beats Austin And Houston In Apartment Stats, But It's Not A Good Thing via BISNOW

Dallas takes the 21st spot in new national rankings from Zumper—but not for an accolade consumers will like. According to an analysis of 1 million active users per month, Dallas is the 21st most expensive city for apartment rentals. Austin, Plano, Houston and Fort Worth ranked 24, 28, 31 and 50, respectively.

Dallas rents are up 11% from last year for one-bedroom apartments and 12% for two-bedrooms, with an average one-bedroom renting for $1,220. Austin rents are down about 2% for both one- and two-bedrooms (you read that correctly: Austin rents are down) with an average one-bedroom price at $1,110.

Read more...Dallas Beats Austin And Houston In Apartment Stats, But It's Not A Good Thing - Multifamily: "DALLAS IS THE 21ST MOST EXPENSIVE APARTMENT MARKET IN US"

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