SAN ANTONIO – The typical rent in the San Antonio metro is $1,278, and that’s $20, or 1.6%, higher than a year ago.
Rents in the highest-priced zip codes have risen 2% on average over the past year, but have risen 3% in the lowest-priced zip codes.
Across the country, according to Zillow’s February market report, home values continued their march upward in February, matching record monthly growth from months prior, while home sales and appreciation soared over the course of the pandemic, rent growth slowed, seemingly a boost for rent affordability.
According to the San Antonio Business Journal, in Bexar County, some local zip codes saw huge growth in prices over the last year.
The lowest increase was in 78230 on the North Side, which saw its median rise 1.4% to $324,500.