San Antonio Rental Vacancy Trends

[Alexi Schreier]

Hey all, I stumbled on this while doing some research on vacancy rates:

Can anyone who knows the San Antonio market well explain why rental vacancy started rising since 2013? The data only goes up to 2017, but has this trend kept rising through 2019?

This shows vacancy for the entire SA metro area so I'm sure it varies wildly depending on what neighborhood you're in but it would be interesting to know what's causing this global trend.

Source: https://www.deptofnumbers.com/rent/texas/san-anton...

(cool website for looking up various stats related to real estate)

[Arissa Pedroza]

@Alexi Schreier yes vacant but rented means they just have not moved in yet.  I really have not seen a difference in vacancy in San Antonio but the one nice thing about Texas is that you need to be an agent to show a rental property, so you can pull good rental comps on any neighborhood.  As long as you do your due diligence and price it correctly and have it in a neighborhood that has low days on market, you should be fine.