San Marcos City, 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 Marcos City, Texas rental market.

Highlights

An apartment for rent in San Marcos City, Texas typically goes for $1,732 per month, while a single-family home for rent in San Marcos City, Texas has a monthly cost of around $1,914. Renter-occupied units make up 71% of the local housing market, while the rental vacancy rate in San Marcos City, Texas is at 4.1.

San Marcos City, Texas

Average Apartment Rent

$1,732

Y-o-Y Change in Average
Apartment Rent

-0.5%

Average Single-Family Rent

$1,914

As of November 2024

Compared to a year ago, San Marcos City, Texas apartments have recorded a -0.5% rent decrease.

San Marcos City, 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 Marcos $1,521 $1,537 $1,554 $1,607 $1,646 $1,733 $1,741 $1,761 $1,756 $1,732
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
San Marcos
National
Nov 2021
$1,521
$1,596
Mar 2022
$1,537
$1,635
Jul 2022
$1,554
$1,708
Nov 2022
$1,607
$1,726
Mar 2023
$1,646
$1,714
Jul 2023
$1,733
$1,739
Nov 2023
$1,741
$1,733
Mar 2024
$1,761
$1,727
Jul 2024
$1,756
$1,752
Nov 2024
$1,732
$1,748

San Marcos City, Texas Average Apartment Rent

San Marcos City, Texas Apartment rent ranges

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

At 44.77%, apartments priced $1,000 - $1,500 represent the bulk of San Marcos City, Texas rentals, while condos priced $500 - $700 hold the lowest share of the market – 0.35%.

San Marcos City, Texas Housing tenure**

Renter occupied housing units 19,190
Owner occupied housing units 7,790

Renters take up 71% of San Marcos City, Texas real estate, occupying a total of 19,190 units, while homeowners live in 7,790 properties.

Median number of rooms of renter-occupied housing units**

4

Renter median household income**

$34,813

Average household size of renter-occupied housing units**

2.17

Rental vacancy rate**

4.1%

San Marcos City, Texas Renter-occupied housing units by no. of bedrooms**

No bedrooms 919
1 bed 4,566
2 beds 7,375
3 beds 4,433
4 beds 1,734
5 or more beds 163

There are 7,375 rentals in San Marcos City, Texas with 2 beds making up the highest share of the market, at 38%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 163 units. Overall, the median number of rooms in San Marcos City, Texas homes for rent is 4.

San Marcos City, Texas Renter-occupied units by age of householder**

15 - 24 years 8,076
25 - 34 years 5,108
35 - 44 years 1,844
45 - 54 years 1,292
55 - 59 years 534
60 - 64 years 1,008
65 - 74 years 980
75 - 84 years 260

Most condos for rent in San Marcos City, Texas are occupied by residents in the 15 - 24 years age group (42%), followed by those in the 25 - 34 years age group (27%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.

San Marcos City, Texas Renter-occupied housing units by family type**

Family households 6,205
Non-Family Households 12,985

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

With related children of the householder under 18 2,501
No related children of the householder under 18 16,689

A total of 6,205 apartments for rent in San Marcos City, Texas, or 32% of all rentals are family households. Additionally, 13% of rental homes include children under the age of 18 – that’s 2,501 units. All in all, the median size of a renter-occupied household in San Marcos City, Texas is 2.17.

San Marcos City, Texas Renter-occupied housing units by educational attainment**

Less than high school graduate 1,287
High school graduate (including equivalency) 4,036
Some college or associate's degree 9,252
Bachelor's degree or higher 4,615

In terms of education, renters holding bachelor degrees or higher make up 24% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in San Marcos City, Texas.

San Marcos City, Texas Renter-occupied units by year structure built**

Built 2020 or later 364
Built 2010 - 2019 4,363
Built 2000 - 2009 3,813
Built 1990 - 1999 3,438
Built 1980 - 1989 3,493
Built 1970 - 1979 2,075
Built 1960 - 1969 491
Built 1950 - 1959 404
Built 1940 - 1949 254
Built 1939 or earlier 495

The highest share of San Marcos City, Texas apartment rentals, namely 23% or 4,363 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (20%, 3,813 units), and the ones Built 1980 - 1989 (18%, 3,493 units).

San Marcos City, Texas Renter-occupied units by year householder moved in**

Moved in 2021 or later 3,227
Moved in 2018 to 2020 8,551
Moved in 2010 to 2017 6,935
Moved in 2000 to 2009 403

Median year renter moved into unit 2019

Most San Marcos City, Texas renters (45%) moved in 2018 to 2020, while only 2% of them moved in 2000 to 2009. Overall, the median year renters have occupied their San Marcos City, Texas condos for rent is 2019.

San Marcos City, Texas Renter-occupied housing units by vehicles available**

No vehicle available 1,319
1 vehicle available 7,536
2 vehicles available 7,442
3 vehicles available 1,929
4 vehicles available 795
5 or more vehicles available 169

When it comes to transportation options, 39% of San Marcos City, Texas renters have 1 vehicle available per household, 39% of them have 2 vehicles available, and 10% have 3 vehicles available.

San Marcos City, Texas Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 18,150
Car, truck, or van - carpooled 2,819
Public transportation (excluding taxicab) 286
Walked 941
Taxicab, motorcycle, bicycle, or other means 945
Worked at home 1,481

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

Same house as 1 year ago 26,107
Moved within same county 7,215
Moved from different county within same state 6,630
Moved from different state 1,044
Moved from abroad 217

San Marcos City, 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 Marcos City, 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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