New Braunfels, 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 New Braunfels, Texas rental market.
New Braunfels, Texas
Average Apartment Rent
$1,467
Y-o-Y Change in Average
Apartment Rent
-0.1%
As of November 2024
Compared to a year ago, New Braunfels, Texas apartments have recorded a -0.1% rent decrease.
New Braunfels, Texas Average apartment rent trend
New Braunfels, Texas Average Apartment Rent
New Braunfels, Texas Apartment rent ranges
At 60.5%, apartments priced $1,000 - $1,500 represent the bulk of New Braunfels, Texas rentals, while condos priced $700 - $1000 hold the lowest share of the market – 2.2%.
New Braunfels, Texas Housing tenure**
Renters take up 36% of New Braunfels, Texas real estate, occupying a total of 13,048 units, while homeowners live in 23,020 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$57,922
Average household size of renter-occupied housing units**
2.14
Rental vacancy rate**
3.7%
New Braunfels, Texas Renter-occupied housing units by no. of bedrooms**
There are 4,711 rentals in New Braunfels, Texas with 2 beds making up the highest share of the market, at 36%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 211 units. Overall, the median number of rooms in New Braunfels, Texas homes for rent is 4.1.
New Braunfels, Texas Renter-occupied units by age of householder**
Most condos for rent in New Braunfels, Texas are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 45 - 54 years age group (20%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 3%.
New Braunfels, Texas Renter-occupied housing units by family type**
New Braunfels, Texas Renter-occupied housing units by the presence of own children**
A total of 6,386 apartments for rent in New Braunfels, Texas, or 49% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 3,502 units. All in all, the median size of a renter-occupied household in New Braunfels, Texas is 2.14.
New Braunfels, Texas Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 34% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in New Braunfels, Texas.
New Braunfels, Texas Renter-occupied units by year structure built**
The highest share of New Braunfels, Texas apartment rentals, namely 31% or 3,989 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (24%, 3,142 units), and the ones Built 1980 - 1989 (14%, 1,827 units).
New Braunfels, Texas Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most New Braunfels, Texas renters (49%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their New Braunfels, Texas condos for rent is 2019.
New Braunfels, Texas Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of New Braunfels, Texas renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 13% have 3 vehicles available.
New Braunfels, Texas Means of transportation to work of householders living in renter-occupied housing units**
New Braunfels, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**
New Braunfels, 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 New Braunfels, 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
