Here is an interesting article about some of the reasons why rents are rising in the San Antonio rental market. This article is about multi-family properties but rents for single family homes are also on the rise. I recently rented a home in an area of town that has been stuck in the $800 per month range for a very long time. The home rented for $1095 per month. I recently found out that the neighbor has been paying $895 per month for several years which is a good illustration of rent stagnation in the area up until now. If you have been collecting similar rent for some time it might be worth your while to have a market analysis completed to see where you currently stand on rent. If you’ve been thinking about hiring a property manager give us a call today. Read the article here.
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San Antonio TX 78239
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