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Rents are down in College Station

If you’re looking for College Station rentals, you may be interested in knowing that this season may see lower rents than last year according to the Rent Cafe apartment market report. The slowest rental markets in February in the U.S. were Lubbock, TX (where rents decreased by -4.8% y-o-y), Norman, OK (rents down -2.7%) and Baton Rouge, LA(rents down -2.1%). Apartment rents in College Station, TX were also decreasing over the year by -1.2%. Pricey Stamford, CT saw rents slightly down in February, by -1.1% year-over-year, with an average rent of $2,331/month.

We just released our monthly rent report with data compiled from actual rents charged in the 250 largest US cities. The national average rent was $1,364 in February 2018, 2.7% higher than this time last year. Starting this month, our rent reports will showcase more in-depth data focused on markets by size:

  • Large cities: Las Vegas boasts the fastest increasing rents year-over-year (6.6%), followed by Denver (5.8%) and Detroit (5.7%). At the other end of the spectrum, Brooklyn and Manhattan saw the most significant decreases: 0.7% and 0.2%, respectively.
  • Mid-size cities: Colorado Springs (6.5%) and Stockton (6.3%) challenge Sacramento (7.9%) with rising rents over the year, while New Orleans is the only mid-size city to see a decline (0.7%) in rent prices this February.
  • Small cities claim 19 of the top 20 largest rent increases in the US. Odessa and Midland are the long-time leaders, with spectacular Y-o-Y increases of 38.9% and 35.7%, respectively.
  • Colorado, Nevada, and Arizona are on the watchlist of fastest growing markets, with many cities seeing rent increases well above 5% year-over-year.

 

Brazos County Realty posts properties for rent as tenants let us know they’re vacating.  Properties for lease

Brazos County Realty tenants are required to notify the Landlord within 90 days of the end of the lease if they will be renewing or the contract automatically renews for another year.  Check back often for updated information on availability.  Brazos County Realty:  979-693-0201  Office hours 9-5 weekdays.

 

 

All information is deemed reliable through Rent Cafe  but must be independently verified.

 

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Filed Under: Brazos Valley Housing Market, Market Conditions, Rentals, Student properties Tagged With: College Station Rentals

College Station Homes

13464 I and GN Rd.
College Station, Texas 77845
Phone: 979-693-0201
Email: homes@AggieRealEstate.com

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