A report by the Austinist shows that as Austin continues its rapid rate of growth, rent prices are increasing as supply for existing apartments dwindles.
Most people want a well-maintained, centrally located, and affordable apartment, which is becoming very difficult to find.
Because demand for apartments is so high in Austin, the average rent has increased by 6.1 percent over the past year, which was the sixth largest rent increase in the nation. Austin was the only big city in Texas in the top ten. The average cost of rent for an apartment in Austin is $917.
With increasing rents come increasing deposits. Hiring a move-out cleaning expert from WOW Total Cleaning can help you retain more of your deposit. Contact our cleaning professionals at 512-291-0048.