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

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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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Emma Whalen
Emma is Community Impact Newspaper's Houston City Hall reporter. Previously, she covered health care and public education in Austin.
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