A huge number of renters plan to leave Austin — here's where they're going
Nearly two-thirds of renters in Austin are looking at fleeing the city, and many of them are eyeing a move to the Mile High City.
A new survey by Apartment List found that 65 percent of Austin renters plan to settle down in another city — which is about the same percentage among renters nationwide. The apartment-hunting website questioned renters in 50 major metro markets.
Of course, a lot of Austin renters are mulling relocation to other Texas cities such as Houston, which is the No. 1 in-state destination for renters who are plotting a move. But what about out-of-state destinations? Denver is the top pick among renters surveyed by Apartment List, followed by Seattle and Miami.
By the way, Austin is the top out-of-state destination for on-the-move renters in Cleveland, the survey shows.
What concerns are prompting Austin renters to consider loading up a moving truck? Affordability is the biggest headache (35 percent), followed by jobs (32 percent) and weather (7 percent).
Down the road from Austin, San Antonio has the highest share (45 percent) in the Apartment List survey of renters in the 50 metros who plan to stay put. Fifty-seven percent of San Antonio renters express concerns about job opportunities in the Alamo City, “but renters are happy enough with the cost of living, weather, and social scene to stay,” Apartment List says.