Stories to follow 2019: Apartment growth in outer-lying suburbs is outpacing apartment growth in Northwest Austin

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Outer-lying suburbs see growth exceed Northwest Austin apartment growth

What we reported


In June, Northwest Austin’s rental market saw signs of stabilization, said Bruce McClenny, president of Houston-based ApartmentData.com, a website that tracks occupancy and rates. Northwest Austin has seen occupancy trending downward since its peak at 94.9 percent in 2013.

The latest


As land prices rise in Northwest Austin, its rental market growth in 2019 will be “a steady flow” compared to rapid growth in outer-lying areas, such as Cedar Park, Georgetown and far South Austin, said Cindi Reed, Southwest Area manager for ApartmentData.com.


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