TEXAS (Dallas Morning News) – Apartment rents are falling in most major markets around the country, according to a second-quarter report by apartment analyst RealFacts.
While the Austin and Dallas–Fort Worth markets have seen a decline in rents from 2008, Houston and San Antonio rents have increased.
The largest declines in rental rates are in West Coast and Florida markets where the economic downturn has been more severe.
Market / Average Rent 2Q 2009 / Change from 2008
Austin / $844 / -2.9%
Dallas–Fort Worth / $784 / -0.6%
Houston / $791 / +1.5%
San Antonio / $728 / +1%

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