San Antonio, Texas Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the San Antonio, Texas rental market.
Highlights
An apartment for rent in San Antonio, Texas typically goes for $1,285 per month, while a single-family home for rent in San Antonio, Texas has a monthly cost of around $1,743. Renter-occupied units make up 48% of the local housing market, while the rental vacancy rate in San Antonio, Texas is at 7.3.
San Antonio, Texas
Average Apartment Rent
$1,285
Y-o-Y Change in Average
Apartment Rent
-1.5%
Average Single-Family Rent
$1,743
As of July 2024
Compared to a year ago, San Antonio, Texas apartments have recorded a -1.5% rent decrease.
San Antonio, Texas |Average apartment rent trend
San Antonio, Texas| Average apartment rent
San Antonio, Texas | Apartment rent ranges
At 51.11%, apartments priced $1,000 - $1,500 represent the bulk of San Antonio, Texas rentals, while condos priced Under $500 hold the lowest share of the market – 0.13%.
San Antonio, Texas | Housing tenure**
Renters take up 48% of San Antonio, Texas real estate, occupying a total of 260,887 units, while homeowners live in 281,930 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$43,705
Average household size of renter-occupied housing units**
2.36
Rental vacancy rate**
7.3%
San Antonio, Texas | Renter-occupied housing units by no. of bedrooms**
There are 88,890 rentals in San Antonio, Texas with 2 beds making up the highest share of the market, at 34%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 1,539 units. Overall, the median number of rooms in San Antonio, Texas homes for rent is 3.9.
San Antonio, Texas |Renter-occupied units by age of householder**
Most condos for rent in San Antonio, Texas are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
San Antonio, Texas | Renter-occupied housing units by family type**
San Antonio, Texas | Renter-occupied housing units by the presence of own children**
A total of 127,187 apartments for rent in San Antonio, Texas, or 49% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 80,461 units. All in all, the median size of a renter-occupied household in San Antonio, Texas is 2.36.
San Antonio, Texas | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 25% of the rental market. In contrast, residents with less than a high school degree reside in 15% of the homes for rent in San Antonio, Texas.
San Antonio, Texas | Renter-occupied units by year structure built**
The highest share of San Antonio, Texas apartment rentals, namely 18% or 47,352 units, were Built 1980 - 1989, followed by those Built 2010 - 2019 (16%, 41,393 units), and the ones Built 2000 - 2009 (15%, 38,576 units).
San Antonio, Texas | Renter-occupied units by year householder moved in**
Median year renter moved into unit2018
Most San Antonio, Texas renters (42%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their San Antonio, Texas condos for rent is 2018.
San Antonio, Texas | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 51% of San Antonio, Texas renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 13% have No vehicle available.
San Antonio, Texas | Means of transportation to work of householders living in renter-occupied housing units**
San Antonio, Texas |Geographical mobility in the past year for householders living in renter-occupied housing units**
San Antonio, Texas | Average apartment rent by zip codes
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all San Antonio, Texas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
