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Average-Quality Austin, Texas, Apartments See Stronger Rent Growth Than Higher-Quality Counterparts Post-Pandemic

Four- and Five-Star Properties Bear the Brunt of Surging New Supply
By Israel Linares
CoStar Analytics
December 19, 2023 | 9:12 P.M.

Despite declining asking rents in Austin, Texas’ multifamily market over the past year, rents have continued to show strong, cumulative growth since the start of the pandemic, with three-star properties experiencing the fastest growth.

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