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Cedar Park, TX: 54 apartments available for rent

Last updated June 22 at 9:58PM
View at Cedar Park
1430 Main St
Cedar Park, TX
Updated June 22 at 9:58PM
Studio
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1 Bedroom
$1,059
2 Bedrooms
$1,299
107 Tulip Trail Bend
Cedar Park
Cedar Park, TX
Updated June 22 at 9:22PM
3 Bedrooms
$1,850
110 N Frontier LN
Ranch at Brushy Creek
Cedar Park, TX
Updated June 12 at 3:10AM
4 Bedrooms
$3,300
2208 Barnett DR
Cedar Park
Cedar Park, TX
Updated June 9 at 2:13AM
4 Bedrooms
$1,550
510 SCARLET MAPLE DR
Cedar Park
Cedar Park, TX
Updated June 20 at 9:13AM
3 Bedrooms
$1,995
1900 Little Elm TRL
Cedar Park
Cedar Park, TX
Updated June 12 at 3:10AM
3 Bedrooms
$1,625
205 Tulip Trail
Cedar Park
Cedar Park, TX
Updated June 22 at 9:26PM
4 Bedrooms
$2,295
513 Territory Trail
Cedar Park
Cedar Park, TX
Updated June 22 at 9:04PM
3 Bedrooms
$1,595
2803 Aster Pass
Cedar Park
Cedar Park, TX
Updated May 25 at 12:15PM
3 Bedrooms
$1,750
1918 Marysol Trail
Cedar Park
Cedar Park, TX
Updated May 31 at 9:23AM
3 Bedrooms
$1,625
314 Water Oak Drive
Cedar Park
Cedar Park, TX
Updated June 8 at 11:03AM
5 Bedrooms
$2,595
1606 Big Thicket
Cedar Park Town Center
Cedar Park, TX
Updated June 9 at 2:08AM
4 Bedrooms
$1,675
1504 Ambling TRL
Cedar Park
Cedar Park, TX
Updated June 17 at 1:46AM
5 Bedrooms
$2,700
2610 Corabella Pl
Cedar Park
Cedar Park, TX
Updated June 22 at 5:08PM
5 Bedrooms
$2,550
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Rent Report
Cedar Park

June 2017 Cedar Park Rent Report

Welcome to the June 2017 Cedar Park Rent Report. In this report, we'll evaluate trends in the Cedar Park rental market, including comparisons to cities throughout the state and nation.

Cedar Park rents increase sharply over the past month

Cedar Park rents have increased 0.8% over the past month, but are down slightly by 1.6% in comparison to the same time last year. Currently, median rents in Cedar Park stand at $1,270 for a one-bedroom apartment and $1,570 for a two-bedroom. This is the fourth straight month that the city has seen rent increases after a decline in January. Cedar Park's year-over-year rent growth lags the state average of 1.1%, as well as the national average of 2.6%.

Rents rising across cities in Texas

While rent decreases have been occurring in the city of Cedar Park over the past year, cities in the rest of the state are seeing the opposite trend. Rents have risen in 8 of the largest 10 cities in the Texas for which we have data. Texas as a whole has logged a 1.1% year-over-year growth. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the rest of the state, Plano is the most expensive of all Texas' major cities outside the Austin metro, with a median two-bedroom rent of $1,400; of the 10 largest cities in Texas that we have data for, Houston and Corpus Christi, where two-bedrooms go for $990 and $1,000, are the only two other major cities in the state besides Cedar Park to see rents fall year-over-year (-2.8% and -2.7%).
  • Arlington, Fort Worth, and Garland have all experienced year-over-year growth above the state average (8.2%, 4.5%, and 4.4%, respectively).

Many large cities nationwide show more affordable rents compared to Cedar Park

As rents have fallen in Cedar Park, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Cedar Park is less affordable for renters.

  • Cedar Park's median two-bedroom rent of $1,570 is above the national average of $1,150. Nationwide, rents have grown by 2.6% over the past year.
  • While rents in Cedar Park fell over the past year, many cities nationwide saw increases, including Seattle (+5.2%), Phoenix (+4.9%), and Detroit (+2.5%).
  • Renters will generally find more expensive prices in Cedar Park than most large cities. Comparably, Detroit has a median 2BR rent of $880, where Cedar Park is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.