Zumper data shows rent was down in March in several Central Texas cities, but not Austin. Meanwhile, Zillow data shows local home values rose just slightly.
AUSTIN, Texas — New numbers are offering a look at the current state of the local housing market.
Rental search website Zumper released its Central Texas rent report for March, looking at the median rent for one-bedroom apartments, condos and homes in the Austin area.
Zumper found that San Marcos saw the largest price drop year-over-year, down 12% in March at $1,100. Several other cities also saw drops from this time last year. The median price in Leander was down more than 11.5% to $1,200; Round Rock’s was down 7.5% to $1,240; and Georgetown’s was down 2.3% to $1,290.
Even though Pflugerville’s rent was up 0.8% to $1,190, the city ranked as the second-least expensive.
Zumper’s data showed Austin’s median rent stayed the same year-over-year, sitting at $1,460 a month for a one-bedroom rental.
That’s the rental market, but how are things looking for local homebuyers right now?
According to Zillow’s latest market report, home values rose just 0.1% between February and March, and they’re down 5.9% from a year ago. Zillow lists the typical home value at around $422,000.
More people are also putting their homes on the market than they were this time last year. Inventory is up 2.1%. New pending listings are also up 7.8% from March 2025.