Rents in San Antonio jumped 26% over the first nine months of 2024, according to a
by online roommate-matching service SpareRoom.
To compile its numbers, SpareRoom analyzed some 80,000 roommate postings on its website across 29 of the nation’s largest metro areas, comparing the asking price for rent split between roomies during the first three quarters of this year.
Postings on SpareRoom in the San Antonio metro jumped from $725 in the first quarter to $946 in the third quarter, according to the analysis.
Even so, the Alamo City ranked as the fifth-most affordable large metro area, according to SpareRoom’s report. Atlanta took the top spot at the nation’s most-affordable rental market for those with roommates, followed by Virginia Beach at No. 2 and Kansa City at No. 3.
Word of San Antonio’s rising rents comes as the city continues to grapple with a headline-grabbing affordable housing crisis.
In September, City Council voted 9-2 to move forward with the