Austin, TX
Three Texas cities rank among top 10 in US for renters to live in 2024
One North Texas city and two Central Texas cities are among the best places in the country for renters to live in 2024, according to a recent RentCafe study.
RentCafe compared cities nationwide along 20 metrics related to cost of living and housing, the local economies and quality of life.
The South was the top region in the study with its cities accounting for 38 out of the top 50 for renters to live.
McKinney ranked fourth overall, followed by Round Rock in sixth and Austin in seventh.
RentCafe attributed McKinney’s high ranking to its lower-than-average cost of living, high-end apartments in coveted locations and quality schools.
“With its small-town feel and a strong sense of community, McKinney is an ideal choice for renters who want to escape the bustle of the city without compromising on urban comfort,” said Adina Dragos, RentCafe writer. “Boasting a variety of parks, farmers markets and local businesses — all centered around its historic downtown — McKinney is a big draw for both young professionals and students.”
McKinney was also a standout in specific categories, ranking second in housing and cost of living and ninth in quality of life. Round Rock and Austin ranked high in the housing and cost of living category at third and 15th, respectively.
If you’re looking for a good deal on an apartment in Central Texas and quality of life isn’t as important, consider San Marcos. This city ranked first in cost of living and housing for its lower than average costs at 9.6% less than the national rent average and fairly large apartments averaging 996 square feet.
San Marcos was also found to be the worst city for quality of life due to having no apartments in “top locations” and only 4% of residents using public transportation or walking. However, if you’re a homebody and don’t mind having to drive to get around, then San Marcos may still be a viable option.