Lifestyle Austin Multifamily Report – Fall 2021 By Aaron Crowley On Dec 2, 2021 Share [ad_1] AustinfallMultifamilyReport Share FacebookTwitterGoogle+ReddItWhatsAppPinterestEmail
 100vw, 450px “/> Austin rent evolution, click to enlarge</p>
<p>A year and a half into the pandemic, Austin is strengthening its position as a hot market for investment, attracting business relocations outside of the state, and strengthening its status as a high-tech hub. Coupled with robust demographic expansion, the multi-family market continued to expand, with rents rising 2.1 percent to $ 1,620 in the last three-month period through September, beating the US average of $ 1,558. Meanwhile, the letting rate in stabilized properties rose a solid 160 basis points to 95.2 percent in the 12 months ended August.</p>
<p>READ THE FULL YARDI MATRIX REPORT</p>
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