living better in the 'burbs
Round Rock overshadows Austin as one of the best cities for renters
Round Rock continues to hit home runs for its highly sought-after livability. Now, it can add renting favorability to its growing list of achievements that outshine Austin proper, and continue a pattern of waning interest for living in the city.
Round Rock was deemed the No. 6 best city for renters in a new report by online apartment rental marketplace RentCafe, out of a total 136 American cities. The North Austin suburb's total population is just under 118,000 people, with the average renter's income at $62,293 a year. A renter's average apartment size is around 911 square feet, which is similar to other cities outside Central Texas. Luxury apartments make up a surprising 75 percent of all units in Round Rock, in another blow to Austin.
Austin still faired well in the report, ranking right after Round Rock in No. 7. Austin's average apartment size is 862 square feet, with the average renter bringing in $58,056 a year in income. 65 percent of apartments in the city are high-end, and 20 percent of all Austin apartment buildings were constructed within the last five years.
"[Austin] boasts a remarkable surge in job prospects, one of the highest shares of high-end apartments in the nation and lots of apartments nestled in prime locations," the report says.
Overall, the top 10 was dominated by Texas cities, with North Dallas suburb of Plano ranking as the second-best city, and Conroe earning No. 9.
"Having recently started to make a name for itself as the 'City of Excellence,' Plano lands second on our list," the report says. "Plano’s reputation for producing great academic achievers make it an ideal spot for families looking for a city with excellent public schools, in addition to its great air quality and significant share of high-end apartments."
Filling in the gaps in the top 10 are Charleston, South Carolina (No. 1); Scottsdale, Arizona (No. 3); Atlanta, Georgia (No. 4); Raleigh, North Carolina (No. 5); Charlotte, North Carolina (No. 8); and Arlington, Virginia (No. 10).
Here's how other Texas cities stacked up in RentCafe's report:
- No. 19 – Denton
- No. 32 – Dallas
- No. 37 – Fort Worth
- No. 41 – Odessa
- No. 43 – Lubbock
- No. 53 – Houston
- No. 55 – San Antonio
- No. 90 – Corpus Christi
- No. 91 – Waco
- No. 120 – El Paso