San Antonio, Texas Rental Market Trends

Disclaimer:

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 $1,291 per month, while a single-family home for rent in San Antonio, Texas has a monthly cost of around $1,737. 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

$1,291

Y-o-Y Change in Average
Apartment Rent

-0.8%

Average Single-Family Rent

$1,737

As of November 2024

Compared to a year ago, San Antonio, Texas apartments have recorded a -0.8% rent decrease.

San Antonio, Texas Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
San Antonio $1,192 $1,230 $1,281 $1,302 $1,289 $1,304 $1,290 $1,278 $1,285 $1,291
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
San Antonio
National
Nov 2021
$1,192
$1,596
Mar 2022
$1,230
$1,635
Jul 2022
$1,281
$1,708
Nov 2022
$1,302
$1,726
Mar 2023
$1,289
$1,714
Jul 2023
$1,304
$1,739
Nov 2023
$1,290
$1,733
Mar 2024
$1,278
$1,727
Jul 2024
$1,285
$1,752
Nov 2024
$1,291
$1,748

San Antonio, Texas Average Apartment Rent

San Antonio, Texas Apartment rent ranges

Under $500
$501 - $700
$701 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 49.6%, 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 – 0.03%.

San Antonio, Texas Housing tenure**

Renter occupied housing units 260,887
Owner occupied housing units 281,930

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**

No bedrooms 17,185
1 bed 86,082
2 beds 88,890
3 beds 54,754
4 beds 12,437
5 or more beds 1,539

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**

15 - 24 years 29,225
25 - 34 years 78,054
35 - 44 years 55,694
45 - 54 years 37,675
55 - 59 years 15,191
60 - 64 years 14,889
65 - 74 years 18,690
75 - 84 years 7,787
85 years and over 3,682

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**

Family households 127,187
Non-Family Households 133,700

San Antonio, Texas Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 80,461
No related children of the householder under 18 180,426

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**

Less than high school graduate 38,984
High school graduate (including equivalency) 66,444
Some college or associate's degree 89,948
Bachelor's degree or higher 65,511

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**

Built 2020 or later 1,412
Built 2010 - 2019 41,393
Built 2000 - 2009 38,576
Built 1990 - 1999 31,343
Built 1980 - 1989 47,352
Built 1970 - 1979 37,269
Built 1960 - 1969 24,777
Built 1950 - 1959 18,650
Built 1940 - 1949 10,093
Built 1939 or earlier 10,022

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**

Moved in 2021 or later 30,022
Moved in 2018 to 2020 108,373
Moved in 2010 to 2017 98,232
Moved in 2000 to 2009 16,430
Moved in 1990 to 1999 4,518
Moved in 1989 or earlier 3,312

Median year renter moved into unit 2018

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**

No vehicle available 32,825
1 vehicle available 134,171
2 vehicles available 73,072
3 vehicles available 16,590
4 or more vehicles available 4,229

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**

Car, truck, or van - drove alone 211,079
Car, truck, or van - carpooled 40,572
Public transportation (excluding taxicab) 10,214
Walked 7,118
Taxicab, motorcycle, bicycle, or other means 6,985
Worked at home 26,118

San Antonio, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 431,441
Moved within same county 125,280
Moved from different county within same state 24,032
Moved from different state 19,689
Moved from abroad 6,645

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

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