top of page

Why Austin?

Why is Austin consistently ranked as one of the top rental markets and why should YOU consider Austin as your next home?

​

  • Strong Job Market: Austin has a thriving economy with a diverse range of industries, including technology, healthcare, education, and government. Major employers like Apple, Google, Facebook, and Dell have a significant presence in the area, attracting a skilled workforce and boosting demand for rental properties.

  • Population Growth: Austin consistently ranks among the fastest-growing cities in the U.S. due to its strong job market, high quality of life, and attractive cultural scene. This population growth drives demand for housing, particularly rentals.

  • High Quality of Life: Austin offers a high quality of life with its vibrant music and arts scene, numerous outdoor activities, excellent food and dining options, and a generally pleasant climate. These factors make it an attractive place to live, drawing in more residents and renters.

  • Education and Research: Home to the University of Texas at Austin and several other higher education institutions, the city attracts students, faculty, and researchers from around the world. This influx of students and academics creates a steady demand for rental housing.

  • Tech Hub: Known as "Silicon Hills," Austin is a major tech hub with a growing number of startups and established tech companies. This tech presence attracts young professionals who often prefer renting over buying.

  • Cultural Appeal: Austin is renowned for its live music scene, festivals (such as South by Southwest and Austin City Limits), and a unique cultural identity. These cultural attractions make it a desirable place to live for people of all ages.

  • Affordable Cost of Living: While Austin's housing prices have risen in recent years, it still offers a more affordable cost of living compared to other major tech hubs like San Francisco, New York, and Los Angeles. This relative affordability attracts renters who are priced out of these more expensive markets.

  • Real Estate Investment Opportunities: The strong rental demand, coupled with a relatively high return on investment, makes Austin an attractive market for real estate investors. This, in turn, leads to more rental properties being available.

  • Infrastructure and Development: Austin continues to invest in its infrastructure and urban development, improving transportation, public services, and amenities. These improvements enhance the city's livability and attractiveness to renters.

  • Diverse Housing Options: Austin offers a wide range of rental properties, from luxury apartments to single-family homes and affordable housing options. This diversity caters to different income levels and preferences, broadening the appeal to various renter demographics.

WF-1920x1080_edited.jpg
logo
logo

Compass KEEP Real Estate Team

2500 Bee Cave Rd. Bldg 3, Ste 200

Austin, TX 78746

​​(614) 634-3065

liz.cushing@compass.com

KEEP Real Estate under Compass

keep

Follow us

  • Instagram
bottom of page