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Austin's rent jumps higher than almost any other US city as rental costs spike nationwide


Austin rent prices jumped 35%—more than almost every other city in the U.S.—from January 2021-2022, according to a recent Redfin study.

Austin's average monthly asking rent prices spiked nearly two times higher than the national year-over-year average of 15%. Ten other U.S. cities saw over 30% jumps as well.

Austin saw a bigger jump than every city except for Portland, according to the study, to reach $2,245 in January. It’s a statistic that Austin renters know all too well as rapid growth and a booming housing market price some residents from renewing their leases or moving elsewhere nationwide.

“Moving right now is expensive, whether you’re renting or buying,” Redfin’s chief economist Daryl Fairweather said. “One of the only ways to avoid high housing costs is to move somewhere cheaper, but the list of places that are truly inexpensive is shrinking.

The city’s rental growth outpaced tech hubs including San Francisco (18.8%), New York City (33%), Miami (31%) and Seattle (28.7%.)

Texas cities including San Antonio (15.4%), Dallas (24%) and Houston (12.6%) saw slower growth, while just two cities—Kansas City, MO and Milwaukee, WI, decreased year-over-year.


Four-day work weeks are leaving workers refreshed and productive. Could it become the new norm?


The 40-hour workweek has reigned since around the time of the Great Depression. But a new schedule gaining steam could lead some companies to throw out the practice of having employees clock in five days a week.

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Fall camping: Camp Fimfo Waco offers one-of-a-kind experiences in the heart of Texas
Camp Fimfo Waco

Camp Fimfo Waco, a brand new camping resort, is kicking off football and fall camping season in style! With top-notch amenities, premium accommodations, and 10 weekends of fall fun, there’s no better place to have a fall camping getaway, especially if you’re a Baylor football fan!

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