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San Antonio’s Rental Market is booming, according to My San Antonio.com.
After years of losing customers to homeownership during the national
housing boom, renting is having its day in the sun. Due to many factors
such as rising gas prices and demographic trends such as younger people
looking for housing and relocating employees wanting to try out a city
before they buy, apartments are in demand. This demand is
leading to higher rents. In the last quarter of 2011, rent in the San
Antonio area averaged 89 cents per square foot, up about 4.3 percent
from the year before. It also leads to more apartment projects being
built. 10,000 new apartment units are expected to open in the San
Antonio area in the next two years. Developers of San Antonio Apartments
are also including nicer amenities to set their properties apart from
competitors. These amenities include everything from the expected, like
fitness centers, to the unheard of, like car washes, and high-end
decorating touches such as black appliances, stainless steel, tile or
wood floors rather than carpet and resort-style pools. All of which
adds to your chances of being able to rent the perfect home, in the
perfect location, for the perfect price!