3 ms·
> The result? I'm looking at 2 bedroom apartments, and they are 1000$ cheaper than they were 3 years ago when I first moved here. Rent has gone down and continu
by cyberax 2y ago
> The result? I'm looking at 2 bedroom apartments, and they are 1000$ cheaper than they were 3 years ago when I first moved here. Rent has gone down and continues to go down. I'm seeing studio apartments in the middle of the city renting out for 800$ now!
That's not a result of new construction. It's a result of the Austin population declining in absolute numbers: 978,763 in 2019, 975,418 in 2022. It bounced back a bit to 979,882 in 2023.
Travis County grew a little bit, but all the growth is in the suburban areas.