Department of Numbers

San Antonio Texas Residential Rent and Rental Statistics

The median monthly gross residential rent in San Antonio, TX (the San Antonio-New Braunfels metro area) was $926 in 2015 according to the Census ACS survey.1 Average gross rent in San Antonio was $939 in 2015. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2016 San Antonio median and average rent data will be released in September of 2017.

Data is also available below for San Antonio rental vacancy rates, San Antonio rent as a percent of median income and the fraction of renters in San Antonio.

Show dollars as: Nominal Real

Real Gross Rent in San Antonio Texas (2015 dollars)2

2015 1 Year Change 3 Year Change
US Median Gross Rent $959 +3.12% +8.24%
Texas Median Gross Rent $932 +4.48% +11.88%
San Antonio, TX Median Gross Rent $926 +3.46% +11.57%

San Antonio, TX Real Gross Rent Trends

At $926, real median gross rent in San Antonio was at its highest level in 2015 since the series began in 2005. At $939, real average gross rent in San Antonio was at its highest level in 2015 since the series began in 2005.

Real Gross Rent in San Antonio: San Antonio TX Median, San Antonio TX Average, Texas Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for San Antonio

Date US
Median
Texas
Median
San Antonio, TX
Median
San Antonio, TX
Average
2015 $959 $932 $926 $939
2014 $930 $892 $895 $911
2013 $898 $851 $851 $870
2012 $886 $833 $830 $835
2011 $887 $828 $822 $819
2010 $901 $844 $830 $849
2009 $905 $847 $822 $842
2008 $920 $857 $844 $846
2007 $874 $813 $783 $770
2006 $883 $823 $801 $796
2005 $858 $791 $775 $774

San Antonio Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2015 the rental vacancy rate for San Antonio Texas was 6.60% according to Census ACS data.

Rental Vacancy Rate in San Antonio Texas

2015 1 Year Change 3 Year Change
US 5.85% -0.47% -0.92%
Texas 6.95% -0.35% -1.58%
San Antonio, TX 6.60% -0.62% -1.38%

Trends in San Antonio, TX Rental Vacancy Rate

The rental vacancy rate in San Antonio peaked in 2009 at 11.89%. Since then it has fallen by 5.29% to 6.60%. Data records for this series originated in 2005. From a 2013 post peak low of 6.32%, the rental vacancy rate has increased by 0.28%.

Rental Vacancy Rate: San Antonio TX, Texas, US

Rental vacancy rate in Texas

Historical Rental Vacancy Rate data for San Antonio

Date US Texas San Antonio, TX
2015 5.85% 6.95% 6.60%
2014 6.32% 7.30% 7.22%
2013 6.49% 7.86% 6.32%
2012 6.77% 8.53% 7.98%
2011 7.40% 9.23% 7.79%
2010 8.17% 10.60% 9.44%
2009 8.43% 10.69% 11.89%
2008 7.86% 10.24% 10.03%
2007 7.87% 10.61% 8.80%
2006 7.70% 10.28% 10.60%
2005 7.74% 10.60% 9.11%

Rent as a Fraction of Income

Using median household income data for San Antonio, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For San Antonio, median monthly gross rent as a fraction of median household income was 20.17% in 2015 according to the ACS.

San Antonio Texas Median Annual Rent as a Fraction of Median Household Income

2015 1 Year Change 3 Year Change
US 20.63% -0.26% -0.02%
Texas 20.10% -0.18% +0.44%
San Antonio, TX 20.17% -0.30% +0.87%

Trends in San Antonio, TX Rent as a Fraction of Income

The fraction of median San Antonio household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 20.47%. Since then it has fallen by 0.30% to 20.17%.

Fraction of Income towards Rent: San Antonio TX, Texas, US

Percent of median household income going towards median monthly gross rent in San Antonio Texas

Historical Data for Annual Rent as a Fraction of Income in San Antonio Texas

Date US Texas San Antonio, TX
2015 20.63% 20.10% 20.17%
2014 20.89% 20.27% 20.47%
2013 20.78% 19.89% 19.89%
2012 20.65% 19.65% 19.30%
2011 20.70% 19.75% 19.89%
2010 20.50% 19.77% 18.83%
2009 20.12% 19.59% 19.14%
2008 19.00% 18.42% 19.00%
2007 18.66% 18.52% 18.32%
2006 18.90% 18.99% 18.45%
2005 18.89% 19.11% 18.25%

Renter Fraction in San Antonio Texas

You can calculate the renter fraction in San Antonio in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in San Antonio as a fraction of total San Antonio households. In 2015 39.18% of households were renters according to Census ACS data.

San Antonio Fraction of Renters by Household Units

2015 1 Year Change 3 Year Change
US 36.97% +0.07% +0.88%
Texas 38.94% +0.10% +1.22%
San Antonio, TX 39.18% +0.57% +1.58%

Trends in the San Antonio, TX Renter Fraction

At 39.18%, the 2015 household based renter fraction in San Antonio was at its highest level. The origin year for the series is 2005.

Fraction of Renting Households: San Antonio TX, Texas, US

Fraction of renters in San Antonio

History of San Antonio Renter Fraction

Date US Texas San Antonio, TX
2015 36.97% 38.94% 39.18%
2014 36.90% 38.84% 38.61%
2013 36.50% 38.16% 38.62%
2012 36.09% 37.72% 37.60%
2011 35.42% 37.08% 37.03%
2010 34.65% 36.42% 36.56%
2009 34.13% 36.32% 34.99%
2008 33.36% 35.10% 34.18%
2007 32.80% 34.82% 34.64%
2006 32.73% 34.75% 33.24%
2005 33.10% 35.29% 33.47%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.