Austin Rent Increases

[Account Closed]

In a recent interview done by NPRs Audrey McGlinchy she spoke with Elisa Regulski, who is a local home renter in Austin. In the interview Elisa says that in order to lock down a lease on a new house she had to sign a lease with an additional $200 a month in rent. Afterwards Audrey says that the average rental rate in Austin is now $1,500, which is up 20% percent since January of 2021. With rent going up at this rate, it’s time to pick up some rental properties!!!