Rental Market Dynamics

Rental Market Dynamics in San Antonio

The rental market in San Antonio is shifting, with the average rent around $1,093 per month as of December 2024. It’s expected to rise to about $1,336 by the end of 2025. However, we’re also seeing higher vacancy rates, which is prompting landlords to offer incentives like a free month of rent to attract tenants (Source).

This is important for clients who are debating whether to rent or buy. In some cases, buying may be more cost-effective, especially when rental prices continue to rise. As agents, we should educate renters on the long-term benefits of homeownership. With the right guidance, some may find that they can qualify for a mortgage and start building equity instead of paying higher rent.