The median price of an apartment has increased 19.6% in San Antonio since March 2020. SanAntonio SATX SanAntonioTX Apartments affordablehousing HousingCrisis
The cost of renting an apartment inn San Antonio rose 0.9% in May, and 14.5% since last year, according to the report.
The cost of renting an apartment in San Antonio continued to climb for the fifth consecutive month as the median rental price edged up 0.9% in May,On average, renting a one-bedroom apartment in the Alamo City now costs $1,051 monthly, according to an analysis from the online apartment marketplace. What’s more, the median rent for a two-bedroom apartment is around $1,299.
Renting an apartment in San Antonio now costs 14.5% more than it did a year ago and nearly 20% more than before the onset of the COVID-19 pandemic, according to the report. Even so, the rise in San Antonio rental costs is subdued when compared to other large cities in Texas.
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