Apartments for Rent in MLK, Austin, TX

MLK, Austin apartment availability

MLK's rental market offers a good selection of listings, with an average of 43 rentals available each month. The majority of rentals are 2-bedroom apartments, followed closely by 1-bedroom apartments. Many of these apartments are pet-friendly, with 72% allowing small dogs and pets with some restrictions. This makes MLK a great option for renters with furry friends. With a range of bedroom sizes available, from studios to 3-bedroom apartments, MLK has something to offer for various renter needs.

MLK, Austin rental market trends

The MLK neighborhood in Austin saw a 5% increase in average monthly rent last year, reaching $1,997. Broken down by bed count, 1-bedrooms average $2,010 per month, a significant 31.6% increase from the previous year. The average rent for a 2-bedroom is around $2,137, while studios average $1,680.

Rents in MLK tend to fluctuate throughout the year, with February typically seeing the highest prices and April the lowest. The difference between these two months is substantial, with February rents being 17% higher than those in April. This suggests that renters may find better deals during the spring months. However, it's essential to consider the overall demand and available inventory when searching for an apartment in MLK.

Why MLK, Austin is a great place to live

We've analyzed data from the MLK neighborhood in Austin to identify the top lifestyle trends that make it an attractive place to live. Our findings show that MLK is an excellent fit for renters who value social life and pet friendliness.

With features like pet washing areas, dedicated pet spaces, and pet-safe windows, MLK apartments cater to pet owners who want to provide a comfortable and safe environment for their furry friends. Additionally, outdoor spaces and pet-friendly flooring make it easy to care for pets.

The neighborhood also offers a vibrant social scene, thanks to its well-designed street infrastructure, frequent transit options, and high walk score. Residents can enjoy shared community spaces and feel secure with the area's emphasis on safety. If you're looking for a neighborhood that balances social life with pet friendliness, MLK is definitely worth considering.