Archive for November, 2009
Austin renters find deals in the market
by AMY JOHNSTON / KVUE News
The slowdown in the housing industry is having an impact in another area of Austin’s economy.
According to one Austin real estate investment firm, rents in area apartments have dropped nearly 5 percent. The average rent in 2009 is $750 a month. Compare that with the average in Dallas Fort Worth area, it’s about $50 more.
At the Artesian apartment complex in Northwest Austin, there are deals to be had.
“We have, right now, an additional special that we’re doing is November for free. So you can actually move-in, not pay anything but the $99 app and admin,” said the rental agent.
1 comment November 12, 2009