This trendy neighborhood has the most expensive rents in San Antonio
If it's time to move, better get a handle on where in San Antonio is (somewhat) affordable to rent an apartment and where it is not. (Well, except for those in a specific tax bracket.)
Data from Apartments.com shows the average monthly rent for an apartment in the Lackland Terrace neighborhood is $617 as of May 14. That amount covers apartments of all sizes.
That's the lowest you'll find in San Antonio, followed by:
- South Southwest, $684
- Hot Wells (Southeast San Antonio), $685
- Park Village (Northeast San Antonio) $715
- South San Antonio, $746
At the other end of the spectrum, the most expensive neighborhood is the Pearl District, where average rent in mid-May was $2,283. That's the only San Antonio neighborhood with an average rent above $2,000 a month.
Other San Antonio neighborhoods with high rents are:
- Museum Reach (downtown), $1,774
- The Rim (Northwest San Antonio), $1,596
- The Dominion (Northwest San Antonio), $1,545
- King William (downtown), $1,543
- Lone Star (downtown), $1,495
Only one neighborhood in Texas' four major metro areas lays claim to an average apartment rent above $3,000, and it’s in Austin. Apartments in the Northshore neighborhood, located in downtown Austin, stand at $3,156.
No neighborhoods in the Dallas-Fort Worth, Houston, and San Antonio metro areas topped the $3,000 mark for average apartment rent in mid-May, Apartments.com says.
Rounding out the top five most expensive neighborhoods in which to rent in Austin are:
- Market District (western section of downtown), $2,991
- Rainey Street, $2,425
- West End (just west of downtown), $2,273
- The Triangle (Central Austin), $2,002
As for the biggest bargain for apartments in the Austin area, you’d need to look at the Uptown section of San Marcos. There, the average rent was $815 as of May 14, according to Apartments.com.
Among the state’s other major metros, the most expensive neighborhood is Houston’s Market Square. There, the average rent in mid-May was $2,677, Apartments.com says.
Three other Houston neighborhoods notched average rents above $2,000:
- Museum District, $2,656
- Discovery Green, $2,331
- University Place, $2,289
Meanwhile, the East Little York neighborhood in the Lake Houston area boasted the lowest average rent: $635. It’s preceded by:
- Pecan Park (East End), $659
- Hobby Airport area (Southeast Houston), $718
- Golfcrest (Southeast Houston), $718
- Westwood (Southwest Houston), $720
- Braeburn (Southwest Houston), $728
Those looking for cheaper rents in Dallas-Fort Worth should search in South Dallas-Fair Park, where it's $741, followed by:
- Lake Cliff, $748
- South Boulevard-Park Row (Southeast Dallas), $785
- Hunt County, $791
- Highland Hills (Southeast Dallas), $800
- Piedmont (Southeast Dallas), $808
- Central Meadowbrook (East Fort Worth), $828
The Victory Park neighborhood (Uptown/Park Cities) tops the list for the highest average rent ($2,189). Only one other neighborhood (Uptown Dallas) had average rent above $2,000 as of mid-May. There, the average rent was $2,165.