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North Texas edges out Austin for highest rents in the state
Kera News writes:
“The Dallas-Fort Worth metro can now lay claim to the title of highest rents among big cities in the state, a crown long held by Austin.
Since at least 2015, average rents in the Austin area have outpaced those in the three largest metros in Texas, which includes Dallas-Fort Worth, Houston and San Antonio. But according to data from three real estate firms, including Zillow, that began to change at the end of 2024.
While rents in the Dallas-Fort Worth area have been falling for the past year and a half, they have not been falling as quickly as prices in Austin. Austin is now one of the only cities in the country where rents are declining.“
Read more in the original article below:
keranews.org
North Texas edges out Austin for highest rents in the state
According to data from Zillow, average rents in the Dallas-Fort Worth metro now outpace those in Austin for the first time since at least 2015.
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