Wanna rent in San Antonio? It'll cost you a bit more in certain neighborhoods, where rates are on the rise. Each area has its own reasons for the increase, but access to excellent Tex-Mex isn't one of them. That's because everywhere in Say-Town has that. It's an equal opportunity Tex-Mex city, if you will.
San Antonio is pretty much the epitome of the best of both worlds. Well within U.S. borders, but in spitting distance of everything Mexico has to offer, the Alamo City is as well-rounded as metropolitan areas come, with plenty to keep the average resident both entertained and happily employed.
It's been a minute since Spanish missionaries settled the area, so named after their beloved Saint Anthony. And while the cultural impact of these early residents remains an integral part of San Antonio's mystique, the city has nevertheless evolved to become one of Texas's most talked-about hubs for art, cuisine and opportunity.
With that explosion, however, often comes a price tag uptick, particularly in some extra-desirable areas. Let's take a look at the five neighborhoods where rent is rising the fastest.
5. Pipers Meadow
- Price increase over the past year: 2.48 percent
- Average rent for one-bedroom in Pipers Meadow: $836.30
Located in the northwest section of suburban San Antonio, Pipers Meadow is rapidly morphing into a location of choice for people who crave suburban comforts with easy city access.
Convenient to I-410, Pipers Meadow residents enjoy close proximity to Ingram Park Mall, Cathedral Rock Park, Lackland Air Force Base and various entertainment/dining options. Schools are well-rated and trending upward all the time, especially now that the location is such a hotspot.
Fun Fact: Geocachers, hikers, bikers and general nature-lovers are always delighted to discover the surprisingly large gem that is Cathedral Rock Park, tucked away in Pipers Meadow. The site features nearly two miles of walking trails and is pet-friendly.
4. Crown Meadows
- Price increase over the past year: 3.2 percent
- Average rent for one-bedroom in Crown Meadows: $749.06
Crown Meadows is one of those neighborhoods where people settle, then stay for the long run, thanks to its attractive appearance, range of available home styles and welcoming, diverse culture.
Nearby Ingram Mall is a popular shopping spot, but quick access to I-410 makes anywhere in San Antone easily accessible from this sought-after area.
Fun Fact: Locals to Crown Meadows don't even have to leave the neighborhood for an authentic Mexican food fix. La Michoacana Meat Market offers everything from marinated meats for home-cooked cuisine to fully-prepared meals. Founded in 1986 by Mexican immigrants, the beloved chain has 140 locations around Texas.
3. Stone Oak
- Price increase over the past year: 3.32 percent
- Average rent for one-bedroom in Stone Oak: $1053.44
Situated directly north of San Antonio, the suburban neighborhood of Stone Oak has become a popular place for people who want a little more land for their buck, but don't mind commuting into the city.
In particular, locals love to take advantage of everything the Canyon City Golf Club has to offer, including more than 30 acres of greenbelt, a heated six-lane pool and an acclaimed public golf course. The area is also known for its schools, as well as the heavily applauded local medical community.
Fun Fact: Stone Oak is home to Bear Cave, so named because skeletal remains of a black bear were found there upon its discovery. Bats and endangered ground beetles also call the cave home, but it's not accessible for humans because it's a water recharge cave for the local aquifer.
2. Greater Marymont
- Price increase over the past year: 10.55 percent
- Average rent for one-bedroom in Greater Marymont: $644
There's something for everyone in Greater Marymont, which is perhaps why the rental price tag has jumped more than 10 percent in just one year! Located northeast of downtown San Antonio, the neighborhood is ideally located for frequent travelers, as San Antonio International Airport is practically a stone's throw away.
Its next-door neighbor is the acclaimed Northeast Baptist Hospital, and commuters appreciate its close proximity to I-410. The bevy of green lawns and well-tended neighborhoods and apartment complexes don't hurt, either.
Fun Fact: Saint Mary's Hall, a private school for kids Pre-K through high school, is located just outside Greater Marymont's boundaries and features some pretty sweet athletic amenities. Although it was originally founded in the late 1800s by the Episcopal Church, the institution currently aligns as an “independent and coeducational campus for students and families of all faiths."
1. Eckhert Crossing
- Price increase over the past year: 14.31 percent
- Average rent for one-bedroom in Eckhert Crossing: $1,168.86
Eckhert Crossing is the very definition of location, location, location. Situated in northwest San Antonio, Eckhert Crossing is convenient to just about anything an area resident could want, including the airport, downtown, major medical center, shopping, dining and so on.
With great schools and well-kept properties to boot, it's easy to see why people are willing to drop an extra few bucks a month to enjoy the Eckhert Crossing way of life.
Fun Fact: San Antonio is known as a booming medical community, and Eckhert Crossing is located smack in the middle, making it the ideal home for everyone from healthcare professionals to people who appreciate easy access to all types of specialists.
Methodology
We looked at all neighborhoods in San Antonio with sufficient available inventory on Apartment Guide and Rent.com and compared the average price from September 2018 to September 2019 to find the neighborhoods with the highest percentage increase in one-bedroom apartment prices.
The current rent information included in this article is based on September 2019 multifamily rental property inventory on Apartment Guide and Rent.com and is used for illustrative purposes only. The data contained herein do not constitute financial advice or a pricing guarantee for any apartment.
The post San Antonio Neighborhoods Where Rent Prices are Increasing the Most appeared first on Apartment Living Tips - Apartment Tips from ApartmentGuide.com.
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