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Austin Rents Stabilize Austin’s advertised asking rents stabilized on a T3 basis for the first time in nearly two years, although they remained down a steep 5.2 percent YoY at $1,554 in May. It helped that the metro’s boasts among the best employment growth in the U.S., although deliveries in May were also well above the nation.
Austin’s advertised asking rents stabilized on a T3 basis for the first time in nearly two years, although they remained down a steep 5.2 percent YoY at $1,554 in May. It helped that the metro’s boasts among the best employment growth in the U.S., although deliveries in May were also well above the nation.
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