Rent to Own Homes in Austin, TX: What You Need to Know
Austin is home to many excellent live music venues as well as to the Texas State Capitol. Blended tastes, traditions, and tech companies have helped to create a city rich in diversity, innovation, and sensible living. Even as the demand for housing increases, communities have found sustainable ways to grow food, encourage positive humor, and connect on multiple levels.
Austin Real Estate: Housing Availability
Austin has rooms to rent, and housing to buy, but realize that this city happens to have less availability than most of the nation’s capitals. The reason is that Austin is growing exponentially compared to most other states’ leading cities. In the last decade, the cost of rent has increased by approximately 90%, if not more. Room shares are not the only way the creative nature of Austin is answering the call to more housing. Other than the typical suburban sprawl extending in all directions, tiny home communities are starting to pop-up around the city. Still, with limitations, the real estate market remains open and varied in Austin.
The Cost of Living in Austin
Per the 2019 Census count, there are approximately one million residents within the city perimeters and at least another million in the surrounding area. The median household income teeters around $76,000. An individual can expect to meet their basic needs at $2,500 a month.
Austin’s Local History
Austin has humble roots. Prior to the city becoming the capital of the Republic of Texas, it was a village named Waterloo, inhabited by immigrants from Germany, Mexico, and Sweden. The town was christened Austin to honor the “father of Texas,” Stephen F. Austin, in 1839. Within a century, the main pillars of the city’s identity formed: the Capitol building, University of Texas, Driskill Hotel, and a handful of music halls that drew people from all walks and distances.
Things to Do Around Austin
From the historical buildings mentioned above to Austin’s 6th Street filled with live music venues, the city provides a walkable tour. In March, Austin hosts the South by Southwest Festival, which draws in thousands of music, film, and mixed media fans from all over the world. Zilker Park offers many planned spaces (Botanical Gardens, Barton Springs Pool, Umlauf Sculpture Garden, and Austin Nature Museum and Science Center), and organizes music events on its lawns.
Austin’s flair for the unusual can be experienced in watching bats fly out from under the Congress Avenue Bridge at dusk. Moving from the natural to the created, one can watch a show at Esther’s Follies or have hassle-free fun at a 24-hour bowling alley.
Outside Austin city limits, one can enjoy an afternoon in small Hill Country towns, explore several state parks, or participate in watersports on a local lake. There is something for most anyone in this unconventional Texas town.
With mild winters and many warm, humid days throughout the year, one can understand why sundresses (or shorts) and boots are fashionably accepted together in Austin. The climate is humid subtropical. The weather calls for occasional storms, and the odd temperature drops. Overall, sunny days and intermittent showers encourage local gardeners and athletes to plan for long seasons of preparation, growth, and fruition.