San Antonio's hottest apartment submarketsSan Antonio's hottest apartment submarketshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=203042018-06-12T05:00:00Z2018-06-12T22:35:00Z

​​​​​Hottest submarkets over the past 3 months.SAN ANTONIO – Apartment occupancy rose 20 basis points to 89.8 percent in May 2018, while the average rent per unit increased by $5 to $928 per month, according to the June 2018 ApartmentData.com report​.

The average price per sf rose by a cent to $1.09 per sf, while the average size of an apartment increased by one square foot to 850 sf.

The rental rate in San Antonio has increased by 1 percent since June 2017, with 4,885 units absorbed. 

Operating supply across the San Antonio area sits at 886 communities, four more than last month, and 186,909 total units. 

Since June 2017, 33 communities totaling 7,846 units have delivered, while 24 communities totaling 6,324 units are under construction, with another 7,875 units proposed.
San Antonio Business Journal
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