Apartments in Downtown San Antonio

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Downtown San Antonio

A San Antonio Neighborhood

Summary

Downtown San Antonio is the lively urban center of this bustling city. It’s long been a popular tourist destination, home to both the Alamo and The Riverwalk, a pedestrian path winding along the San Antonio River that’s lined with restaurants, bars, and hotels. Generations of San Antonians know it as a place to play, but increasingly, it’s a place to live. In recent years the area has seen a major uptick in renters, attracted by newly renovated historic buildings and a bevy of new apartment and condo complexes. It’s now a convenient, vibrant part of the city, easily walkable and in close proximity to restaurants, coffee shops, museums, and some of the city’s major cultural and civic institutions, like The Majestic Theater, UTSA’s downtown campus, and the Central Library, affectionately called The Red Enchilada by locals because of its bright red paint and curved exterior.

Budget

If you're not sure how much an apartment will cost, the table below shows the average price by size.

$1,208
Studio
$1,161
1 Bedroom
$1,471
2 Bedrooms
$2,033
3 Bedrooms
$1,320
4 Bedrooms
$1,750
5+ Bedrooms
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San Antonio:
April Rent Report

Welcome to the April 2020 San Antonio Apartment Report. In this assessment of the local rental market, ABODO data scientists and rental experts break down the April 2020 key findings and figures for the San Antonio rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in San Antonio and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of San Antonio rent prices in the chart below.

Monthly Rent Report

San Antonio Rent Prices Decrease From March to April

San Antonio rent prices decreased over the last month. From March to April, the city experienced a -2.02% decrease for the price of a one-bedroom apartment. The rent price for a San Antonio one-bedroom apartments currently stands at $971.0.

When we take a look at the two-bedroom comparison from March to April, San Antonio experienced a -0.71% decrease for the price of a two-bedroom apartment. The rent price for a San Antonio two-bedroom apartments currently stands at $1,262.0.

April Prices: San Antonio vs. Surrounding Areas

Rent Prices in San Antonio and Surrounding Areas

Rent prices have decreased in San Antonio over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the San Antonio suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Alamo Heights, TX, Selma, TX, Universal City, TX, Boerne, TX .

  • Rent decreased in New Braunfels, TX, Live Oak, TX.

  • 4 suburbs are currently priced higher than the city of San Antonio.

  • 2 suburbs are currently priced lower than the city of San Antonio.

April 2020 Pricing Trends: San Antonio vs. National Comparisons

San Antonio Rent Prices More Affordable Than Major Cities

Rent growth in San Antonio over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, San Antonio rent prices appear to be relatively affordable for local residents.

The price for a San Antonio one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

You can view the full rundown of ABODO's April 2020 National Apartment Report and data set here.

For more information about San Antonio and surrounding area rent prices, take a look at the complete data set below.

Data set for San Antonio and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
San Antonio, TX $991.0 -0.70% $1,271.0 0.24%
Alamo Heights, TX $1,362.0 0.22% $1,575.0 0.00%
New Braunfels, TX $1,033.0 -1.71% $1,200.0 -2.12%
Selma, TX $993.0 1.33% $1,254.0 -0.40%
Universal City, TX $860.0 2.02% $949.0 1.39%
Boerne, TX $904.0 0.89% $1,055.0 -1.03%
Live Oak, TX $1,016.0 -2.03% $1,341.0 -0.45%

Methodology

Each month, using over 1 million ABODO listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.