ROOM & UNIT
Tobin Hill is an urban, yet historical district just north of downtown San Antonio, bound by North St. Mary Street to the east, and McCullough to the west. This neighborhood is one of the hippest in San Antonio, home to a number of the city’s coolest restaurants, bars, and shops. Try Cured or Barbaro for dinner and Hi-Tones for drinks, or head to the former Pearl Brewery, which has been remade into an upscale shopping center, and features a top-notch farmer’s market, culinary institute, hotel, and various retail outlets, including an outpost of San Antonio’s best roaster, Local Coffee. Most of the residential areas are in the north and south parts of the neighborhood. This dense community features a healthy combo of single-family homes and recently renovated historical apartments. With high walkability and close proximity to Hwy 281, it comes as little surprise that Tobin Hill attracts young professionals and students alike. Considering how close it is to all the amenities of Downtown, the housing in Tobin Hill is incredibly affordable, making it a popular off-campus option for students on a budget.
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.