The Average Rent in San Antonio
San Antonio is home to an abundance of green spaces, activities and culture and history. The town boasts a small town feel that can make even the most seasoned San Antonians forget that it is the 7th largest city in the United States
Living in San Antonio is not only fun and exciting, but also very affordable. You can find inexpensive rentals in every pocket of the city, allowing plenty of options in multiple price points. If you want to maximize your budget without forgoing the amenities that a big city has to offer, San Antonio may be the city for you.
What’s the average rent in San Antonio?
San Antonio has an average rent of $ 1,099 for a one-bedroom apartment, 45% below the national average.
Nationally, apartment rental prices have increased 2-4%. Yet with the coronavirus pandemic sweeping the country last year, rental prices in major metropolitan areas have fallen. San Antonio saw a 3.49% drop in average rent in 2020, making the cost of rent even lower than in most other major cities in America.
San Antonio has always been an affordable place to live. It looks like it will remain an affordable option on the list of major US metropolitan areas. In the top 10 largest cities in the country in 2020, it remained the city with the lowest bedroom rent. If you are planning to relocate, now is a better time than ever to take advantage of the low rental costs the city has to offer.
How much do I have to earn to live in San Antonio?
To live comfortably in San Antonio, you’ll want to earn around $ 43,960 per year. This is based on the average city rent ($ 1,099 for a one-bedroom apartment), taking into account that you don’t spend more than 30% of your pre-tax income on your housing expenses. It’s a modest salary, which makes San Antonio an affordable option for most people.
If you would like to assess how this would suit your specific situation, use our rent calculator to see how much rent you could afford.
The cost of living in San Antonio
The cost of living in San Antonio is relatively inexpensive. For a big city, you can get a substantial value for your dollar. Typically, the cost of living is 4% lower than the national average, which means you can increase your budget even further.
Let’s take a closer look at how San Antonio compares to the national average:
- Health care: The cost of health care in San Antonio is 13.3% lower than the national average.
- Utilities: The cost of utilities in San Antonio is 10.2% lower than the national average.
- Groceries: The cost of shopping in San Antonio is 9% lower than the national average.
- Housing: The cost of housing in San Antonio is 7.3% lower than the national average.
- Transport: The cost of transportation in San Antonio is 5.9% lower than the national average.
- Miscellaneous goods and services: The cost of miscellaneous goods and services in San Antonio is 3.9% higher than the national average.
The most and cheapest neighborhoods in San Antonio
While San Antonio is generally affordable, some areas are more expensive than others. At the top end, these neighborhoods include downtown and King William. These neighborhoods have higher rental costs due to their proximity to amenities such as the Riverwalk or the Historic King William District. In addition, these districts offer greater ease of walking.
At the lower end of rental costs in the city, look in neighborhoods like Thousand Oaks and West San Antonio. These neighborhoods are of great value due to their localized amenities and access to major roads such as Loop 1604 and Route 281, making commuting easy and convenient.
The most expensive neighborhoods in San Antonio
The downtown area is home to vibrant nightlife, world-class restaurants, and the Riverwalk, making it one of the most expensive places to live. The average rent for a bedroom in this area is $ 1,512, still well below the national average. Better yet, that rent is actually down 13.93% from last year.
The most expensive neighborhood in San Antonio is King William, known locally for its beautiful historic homes. It is also within walking distance of attractions such as Southtown, the Alamo, Tower of the Americas and the Alamodome. The average rent for a room in this neighborhood is $ 1,796, which is considerably higher than the average rent for a room of $ 1,099 in the city. The good news: This price is down over 12% from last year.
* May not be a true representation of the market due to insufficient inventory
The cheapest neighborhoods in San Antonio
Neighborhoods such as Thousand Oaks and West San Antonio are cheaper because they are north of the downtown area. If you’re looking to avoid the hustle and bustle while keeping your rental costs down, one of these neighborhoods might be ideal for you.
The average rent in the Thousand Oaks neighborhood is $ 849 for a one-bedroom apartment, which is considerably lower than the national average. However, rental costs have increased in this area by 1.52% compared to last year.
The West San Antonio neighborhood has an average rent for a room of $ 1,000, which is still great value compared to other areas in the city. Rents are down 0.58% from a year ago, making living in West San Antonio even more affordable.
Although these neighborhoods are further from the city center, they are certainly not boring. There is much to enjoy in these areas, including restaurants, shopping, and an abundance of green space. You can find everything you need in your little city pocket. The city center and other historic sites are also just a short drive away. This makes West San Antonio and Thousand Oaks great places to find refuge in densely populated areas.
* May not be a true representation of the market due to insufficient inventory
Average Rental Prices in San Antonio neighborhoods
Now that you have a general idea of what San Antonio has to offer, start browsing. Check out the list below to find a neighborhood in San Antonio that fits your preferences and budget.
* May not be a true representation of the market due to insufficient inventory
Find your neighborhood in San Antonio
Living in the Military City gives you endless options for entertainment and adventure.
If you’re ready to spend your weekends visiting local historic sites, browsing the artwork at McNay, or connecting with nature at Japanese Tea Garden, start browsing the listings in San Antonio.
Be Excited: The rich culture and history of San Antonio awaits you.
Rental prices are based on a moving weighted average of the Apartment Guide and Rent.com’s Multi-Family Rental Property Inventory for one-bedroom apartments. The data was extracted in February 2021 and goes back a year. We use a weighted average formula that more accurately represents the price availability for each individual unit type and reduces the influence of seasonality on rental prices in specific markets.
We excluded neighborhoods with insufficient inventory.
Data on the cost of living come from the Community and Economic Research Council.
The rental information included in this article is used for illustration purposes only. The data contained in this document does not constitute financial advice or a price guarantee for any apartment.
