Apartment rent in Austin during 2018 grew an average of $57 a month, or 4.4 percent, to yield an average monthly rent of $1,361, according to RentCafe.
Nationwide, apartment rent grew about $42, or 3.1 percent, to $1,419, the report found. Los Angeles saw rents increase by 6.6 percent while Chicago saw rents bump up 4.9 percent. The average monthly rent in Los Angeles comes out to $2,461 while Chicago’s average landed at $1,889. Small cities saw the most fluctuation, with double-digit growth in…
