24 Apr '15, 2pm

The Average One-Bedroom Apartment in Downtown Austin is now More Expensive Than Los Angeles #Austi…

The Average One-Bedroom Apartment in Downtown Austin is now More Expensive Than Los Angeles #Austi…

The results are in for March and it’s official, renting a one-bedroom apartment in Downtown Austin is now more expensive than renting a one-bedroom apartment in Los Angeles. The good news is these high rents don’t expand across all of Austin but there is no doubt that rising rents downtown will expand to the surrounding areas over time. The average one-bedroom apartment in downtown Austin is now $1,913 (source ) vs. $1,814 (source ) for Los Angeles. Of course you don’t have to live in downtown Austin but I can tell you that one of my main draws for us moving here was being able to walk everywhere, once you move outside of downtown you’ll likely be driving everywhere you go which yields many similarities to LA. Also given that fact that Forbes rated Austin as #4 in the US for “Cities with the Worst Gridlock” and that means that living outside of downtown means you’ll spend ...

Full article: http://morganlinton.com/the-average-one-bedroom-apartment...

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