San Marcos City, 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 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
San Marcos City, Texas Average Apartment Rent
San Marcos City, Texas Apartment rent ranges
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**
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**
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**
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**
San Marcos City, Texas Renter-occupied housing units by the presence of own children**
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**
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**
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**
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**
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**
San Marcos City, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**
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