Moving Here, Moving There

New report shows where Dallasites want to move, and who wants to come here

Chicagoans and New Yorkers are eyeing Dallas.

Photo courtesy of Greystar Properties

The economy is unstable, jobs are up in the air, and the global population waits to see when the COVID-19 pandemic will slow down. But some people are still thinking about moving, and according to Apartment List, they're seriously considering Texas.

The website's quarterly Renter Migration Report is out, using searches made on its platform between January 1 and April 15, 2020, to map where renters are looking to make their next move.

While current Chicago residents and New Yorkers are typing "Dallas" into their search bars, accounting for 3.6 percent and 3 percent of data exploring Big D, respectively, it's San Antonians who are truly interested. A whopping 23.1 percent of current Alamo City residents made exploratory apartment searches in Dallas this past quarter. Overall, 32.8 percent of those looking for a place to live in Dallas are searching from outside the metro.

Meanwhile, 8.7 percent of apartment hunters currently living in Dallas are looking to move elsewhere. They searched for Houston (4.9 percent), San Antonio (4.8 percent), and Los Angeles (4.5 percent).

Austin is the most popular Texas city in the report, with the region increasingly being seen as an alternative to the expensive coastal metros where tech jobs have historically clustered. A staggering 70.9 percent of searches for apartments in Austin come from outside the metro, Apartment List reports, the highest share among the nation's 50 largest metros.

Aside from the 25 percent searching from San Antonio, the 4.6 percent from Dallas, and the 4.5 percent from Houston, 4.2 percent of renters searching for apartments in Austin currently live in the New York City metro. Furthermore, 2.5 percent of inbound searches to Austin are coming from Los Angeles and an additional 2.5 percent are coming from the San Francisco Bay Area.

For as many people who want to enter Austin from San Antonio, there's nearly the same amount that would be doing the opposite. Austin renters searched for San Antonio (16.8 percent), Dallas (7.9 percent), and College Station (6.4 percent).

Chicago (3.3 percent), New York (3.4 percent), and San Antonio (22.8 percent) are also eyeing Houston, while H-Town residents are looking to keep it close in Dallas (8.9 percent), San Antonio (6.8 percent), and Austin (6.6 percent).

And though we've heard about it several times, where does San Antonio fall in all this? Turns out renters who currently live there are thinking about moving to Dallas (17.7 percent), followed by Houston (12.4 percent) and Austin (8.4 percent). Residents of McAllen (5 percent), Dallas (3.9 percent), and Houston (3.5 percent) are considering making San Antonio home.

rent reports

Rent report

Texas opens the door to more renters than any other state, report says

Renters, renting, rent, buying a house, homeowners

Photo by Vitaly Gariev on Unsplash

Texas remains attractive to renters thanks to factors such as affordability, job growth, and apartment availability.

Texas reigns as the country’s No. 1 magnet for renters. According to an Apartments.com analysis, Texas gained nearly 73,000 net new renters from 2023 to 2024.

That figure, pulled from U.S. Census Bureau data, takes into account people who moved to and away from Texas.

Apartments.com says Texas remains attractive to renters thanks to factors such as affordability, job growth, and apartment availability. Many of these renters arrive from high-cost states like California and New York.

Among the state’s four major metro areas:

Dallas-Fort Worth rent growth recently slipped into negative territory as a wave of new apartments hit the market. “With modern housing choices backed by a strong job market that supports income growth, it’s easy to see why renters are flocking to Dallas,” says Apartments.com.
Houston continues to stand out nationally for relative affordability and high apartment availability. “Though the city has seen growth in recent years, a steady supply of apartment communities has kept rents low,” according to Apartments.com.
San Antonio now has the highest vacancy rate among major U.S. apartment markets (15.7 percent).
Austin continues to see widespread financial incentives for new renters, with more than 60 percent of properties offering one to two months’ free rent.

“Taken together, the data suggests Texas is entering a new housing phase: Demand remains strong, but the state’s massive apartment buildout is beginning to give renters more leverage than they’ve had in years,” Apartments.com says.

According to Apartment List, these are the top sources, in descending order, of new renters for each of Texas’ four major metros:

Dallas — Houston, Austin, New York City.
Austin — Dallas, Houston, San Antonio.
Houston — Dallas, Austin, New York City.
San Antonio — Austin, Houston, Dallas.

“For renters looking to move out of California, Texas was the most popular destination, edging out neighboring Nevada and Arizona,” Apartment List says.