San Antonio renters cash in on highest apartment vacancy rate in U.S.

Mar 26, 2026 | 1:30 pm

In San Antonio, the apartment industry’s loss is a renter’s gain.

Research conducted by Danny Khalil, associate director of market analytics at real estate data firm CoStar, puts San Antonio in the No. 1 spot for apartment vacancies among the 50 biggest apartment markets in the U.S.

For renters, that’s a good thing. A high vacancy typically prompts more landlords to offer financial incentives such as free rent for a certain period, lower security deposits, or waived fees…

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