Rental prices for San Antonio apartments have declined, study finds

by Michael Karlis

The average rental costs for one and two-bedroom apartments in San Antonio took a nose dive over the past 12 months, according to a study published this week by online rental marketplace Zumper. The authors of the report argue that the rapid decline is due to the real estate market "normalizing" following the COVID-19 pandemic. However, other market analysts maintain that a slew of new apartment construction is driving rents lower nationwide.
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