Austin's average rent jumped by 26% from January 2021-to 2022, with the highest increase in the state of Texas, according to a Zumper National Rent report.
The city had the 7th highest jump in rent prices among the 101 U.S. cities studied. With a median price of $1,550 for a 1-bedroom rental, Austin jumped up three spots from a year prior coming in 26th on the list—the highest of all Texas cities studied.
Austin's median one-bedroom rent increased more than any other Texas city from January 2020-21. (Zumper)
Chart-toppers like New York City still have more than double the average Austin rent ($3,260). But for many traditional high-dollar areas, that gap is narrowing: rent in San Francisco, the Silicon Valley giant with the second-highest rental prices on the list, rose by 6.3% year-over-year, while all nine California cities with higher rent that Austin saw a change of 15% or less.
As companies and priced-out migrants reportedly flee to less-expensive markets, new growth hotspots in states like Florida and Arizona skyrocketed, including Miami (25.8%), Orlando (27.6%) Tampa (26.2%), Scottsdale, AZ (27.6%) and Gilbert (20.9%). Cities dubbed as mini Silicon Valleys, including Austin, grew as well: Boston's 1-bedroom rent leaped by 26.5% to third on the list, while Boise, Idaho rose by 24.3% and Las Vegas leaped up nine slots with a 27.5% increase in two-bedroom rent.
No longer a cheap city in the historical cheap state of Texas, Austin rent remains far from New York standards but is still nearly triple cities like Wichita, Kansas, which finished out the list with an average rent of $660. Increases in rent have come hand-in-hand with an influx of newcomers—Austin is one of America's top 20 "boomtowns", according to frequent vistor and billionaire Elon Musk and a December 2021 New York Times report.
And while a pandemic rent surge has been seen nationwide, some have noticed that more traditionally affordable cities like Austin have seen increases much more quickly. University of Texas associate economics professor Peter Bergman found that more than half of low-income Austin residents worry about getting evicted in the next year as rent increases coincide with inflation and income losses for many.
2. While we're incredibly excited about the partnership and we've all pushed incredibly hard to make it happen, what's happening to low-income renters is extremely bleak. First, inflation: in the prior year or so, rental prices have gone up more steeply in more affordable cities. pic.twitter.com/QyZEPotL73
— Peter Bergman (@peterbergman_) December 23, 2021
Fueled by new tech HQs, a nationwide pandemic surge in rent and a booming job market, Austin rent will likely continue to rise, especially as satellite cities like Cedar Park, Kyle and Buda continue to grow alongside the city.
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Austin police are investigating the killing of Moriah "Mo" Wilson after she was found with gunshot wounds inside an Austin home.
Wilson, a gravel and mountain bike racer, was visiting Austin from Colorado in preparation for the Gravel Locos race on Saturday taking place in Hico, a small town 2 hours from Austin.
On Wednesday, her roommate came home and found Wilson unresponsive with "a lot of blood near her,” police said. It is now being investigated as a suspicious death. No further information on the suspect or motive behind the killing are available at this time.
Wilson recently had become a full-time biker after winning a slew of races in the past year.
Some of your favorite Instagram filters can’t be used in Texas anymore and Austinites are sounding off on social media.
Meta, Facebook and Instagram’s parent company, announced on Wednesday that certain filters would no longer be available in Texas.
The change is a result of Texas Attorney General Ken Paxton’s lawsuit against Meta, alleging the company uses facial recognition technology that violates laws in Texas. A release from Meta says it stopped using facial recognition tech in November 2021 and denies Paxton’s allegations.
Some Austinites bemoaned the shift, saying some of their favorite filters were now unavailable.
This was my FAVORITE filter on @instagram and they done removed it cause I’m in Texas ! Like wowwwwww pic.twitter.com/uX60hdIC0Q
— Pinkyy Montana (@inkstar_pinkyy) May 11, 2022
i heard that instagram filters got banned in texas? what the actual fuck y’all better give me my favorite filter back
— lia 🤍 (@liatootrill) May 11, 2022
loved this stupid filter sm i hate texas pic.twitter.com/DXr9mmUc64
— birthday boy jeno 🎂 (@beabtox) May 12, 2022
But more often than not, locals joked about the ban.
Texas women seeing the filter ban on IG pic.twitter.com/yDMcP3Qtsr
— Christian (Anabolic) Flores (@christian_flo24) May 11, 2022
So, the state of Texas has banned filter use on IG? THE END IS NEAR. 😂
— THE FRANCHISE! Франшиза (@NYCFranchise718) May 12, 2022
And some in-between chose to show off some natural beauty.
I live in Texas, but no filter needed. 😉 pic.twitter.com/A6teRgYMKn
— bad and bruja (@starseedmami) May 11, 2022
filter, no filter..texas women still reign supreme.
— 🎍 (@_sixile) May 11, 2022
Finally, some are trying to cash in on the opportunity.
Texas IG users- if you want to filter your picture cashapp me $1.50 $ErvnYng
— Gemini (@ervn_y) May 11, 2022
Meta said it plans to create an opt-in system for both Texas and Illinois residents, who are facing the same issues.