Apartments for Rent in North Loop, Austin, TX

North Loop, Austin apartment availability

North Loop's rental market offers a very strong selection of listings, with an average of 189 rentals available each month in 2024. The majority of rentals in the area are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these rentals are pet-friendly, with over 70% allowing small dogs, small pets, and dogs. This makes North Loop an attractive option for renters with pets. With its diverse range of rentals and pet-friendly amenities, North Loop is a popular choice for those looking for a new place to call home in Austin.

North Loop, Austin rental market trends

The North Loop area in Austin saw a decline in average rent prices over the past year, with a 4.4% decrease to $1,832 per month across all bed counts and property types. Breaking it down by bed count, 1-bedrooms average $1,558 per month, a 2.8% decrease from the previous year. In contrast, 3-bedrooms experienced a slight increase of 1.3% to $2,641 per month. Studios remain relatively stable, with a 0.7% increase to $1,395 per month.

Rent prices in North Loop tend to fluctuate throughout the year, with October typically seeing the highest rent prices, 18% higher than February, the month with the lowest rent. If you're looking for a new apartment, February may be a good time to find a deal. On the other hand, if you're looking to rent out a property, October is likely to be the most lucrative month. Keep in mind that these trends can help you navigate the rental market in North Loop and make informed decisions.

Why North Loop, Austin is a great place to live

North Loop is a top choice for renters who prioritize pet friendliness and social living. According to 2024 data, apartments in this neighborhood often feature pet-friendly amenities like outdoor space, pet grooming, and pet-safe windows, making it an ideal spot for pet owners. Additionally, the area's walk score, restaurant options, and transit frequency create a vibrant social scene, perfect for renters who value being close to entertainment and community. With its pet-friendly and socially-oriented atmosphere, North Loop is a great fit for those seeking a lively and convenient lifestyle.