08/12/2026
🏡 CENTRAL TEXAS RENTAL MARKET UPDATE | JULY 2026 🔑
If you’re a rental property owner, July’s numbers are worth a closer look. The Austin–Round Rock–San Marcos rental market continues to shift, with fewer available properties and fewer completed leases compared to last year—but pending activity is moving in the opposite direction.
📊 Here’s what happened in the rental market:
🔑 Median Rent: $2,195 — down less than 1%
🏠 Closed Leases: 3,230 — down 6.5%
⏱️ Average Days on Market: 42 days — down 1 day
📦 Months of Inventory: 1.7 months — down 0.3 months
🆕 New Leases: 4,021 — down 7.8%
📍 Active Leases: 4,342 — down a notable 26.2%
✍️ Pending Leases: 3,476 — up 3.5%
What does that mean for landlords? While overall leasing activity has softened year over year, the increase in pending leases is an encouraging sign of renter activity. And with active inventory down significantly, well-positioned rental properties may have an opportunity to stand out.
On the sales side, July brought some positive movement, too. The median sales price rose 1% to $435,000, while closed sales increased 4.4% and pending listings climbed 4.1%. Meanwhile, active listings fell 9.9%, bringing inventory down to 4.7 months.
Whether you’re deciding when to lease, renew, sell, or add another investment property, the numbers are only part of the equation. TALK Property Management can help you understand what they mean for your property and your goals.
📞 Dona Brown | (512) 947-1828
📧 [email protected]
🌐 talkpropertymanagement.com