Technically, Alamo Heights is an independent city: As San Antonio expanded its borders, it surrounded a number of established communities, and some of them chose to remain autonomous cities within San Antonio’s borders. But such distinctions are largely invisible to most San Antonio residents. To them, it’s just one of the city’s most popular neighborhoods, only 5 miles north of downtown and home to some of the city’s best restaurants, shopping, and homes. Although it’s easy to find both big chains and boutique shops at places like The Quarry (a shopping center in the crater-like center of a former limestone quarry), the center of activity in Alamo Heights is undeniably Broadway Street, which stretches north from Downtown San Antonio and is home to many beloved local businesses. Shops like Cheever Books and interior design specialists Sloan Hall stand cheek-to-jowl with standbys of Mexican cuisine like Paloma Blanca and an outpost of the city’s newest craft coffee roastery, Local Coffee. Alamo Heights is also a cultural mecca: The McNay, San Antonio’s modern art museum, calls Alamo Heights home, as does the kid-friendly Witte Museum. (And if you have kids in tow, don’t miss America’s oldest children’s amusement park, the tiny Kiddie Park, quaint home to a number of tiny rides and a beloved carousel.) Alamo Heights is also bordered by Olmos Park, a scenic piece of recreational land filled with gorgeous walking trails, playing fields, and lovely picnic areas. Although many of the homes in Alamo Heights — as well as neighboring Olmos Park — are targeted toward families, young professionals have managed to find some fabulous condos for rent here and in the neighboring Terrell Hills neighborhood.
If you're not sure how much an apartment will cost, the table below shows the average price by size.
Welcome to the September 2022 San Antonio Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the September 2022 key findings and figures for the San Antonio rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in San Antonio and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of San Antonio average rent prices in the chart below.
San Antonio rent prices increased over the last month. From August to September, the city experienced a 1.31% increase for the price of a one-bedroom apartment. The rent price for a San Antonio one-bedroom apartments currently stands at $1,079.0.
When we take a look at the two-bedroom comparison from August to September, San Antonio experienced a 1.61% increase for the price of a two-bedroom apartment. The rent price for a San Antonio two-bedroom apartments currently stands at $1,265.0.
Rent prices have increased in San Antonio over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the San Antonio suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rent increased in New Braunfels, TX, Universal City, TX, Boerne, TX .
Rent decreased in Alamo Heights, TX, Converse, TX, Cibolo, TX.
3 suburbs are currently priced higher than the city of San Antonio.
3 suburbs are currently priced lower than the city of San Antonio.
Rent growth in San Antonio over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, San Antonio average rent prices appear to be relatively affordable for local residents.
The price for a San Antonio one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
You can view the full rundown of Rentable's September 2022 National Apartment Report and data set here.
For more information about San Antonio and surrounding area rent prices, take a look at the complete data set below.
|1 BR September||1 BR M/M % Change||2 BR September||2 BR M/M % Change|
|San Antonio, TX||$1,065.0||2.90%||$1,245.0||2.39%|
|Alamo Heights, TX||$1,449.0||0.00%||$1,631.0||0.56%|
|New Braunfels, TX||$1,187.0||4.03%||$1,465.0||1.17%|
|Universal City, TX||$955.0||1.49%||$1,173.0||1.82%|
Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.