Why Austin Built Thousands of Apartments and Your Rent Barely Dropped
Austin added more than 47,000 new apartment units in 2023-2024, more than any comparable period in the city’s history. Average rents fell roughly 17-20% from their 2022 peak. But “average” hides a lot. Where you rent, what product class you’re looking at, and whether that “2 months free” deal actually survives your lease renewal determines … Continued