San Antonio has a wide variety of homes ranging from less than $100,000 to more than $2 million. Low interest rates continue to fuel the housing market and homes in San Antonio sell relatively quickly.

According to the San Antonio Board of Realtors (SABOR), as of June 2011, the San Antonio real estate market maintains its stable position as average and median prices for single-family homes continue a steady climb. In addition, in May 2011, 1,782 single-family homes were sold, a 19.3% increase from April 2011. The average price for a single-family home was $191,750 with a median of $153,400. Homes in San Antonio often sell below the national median. Equally important, the prices are often for large, attractive and well-built homes.

Examples of Median Sales Price of Single-Family Homes

Single-Family Home Prices by Area in San Antonio (May 2011)

The Real Estate Center at Texas A&M University reports that the majority of the homes sold in San Antonio were in the $120,000 to $139,999 price range, approximately $50,000 less than similar homes in other markets. Housing developments are sprouting throughout the city, but there are specific neighborhoods experiencing a higher influx of new homes.

Many homes are being built in the Northeast Region along the Loop 1604. Equally popular is the North Central Region. Generally these are well-defined and well-established neighborhoods such as Monte Vista, Olmos Park, Alamo Heights, Castle Hills and Stone Oak. Proximity to shopping, business, schools and the San Antonio International Airport makes this region particularly popular. For more information about San Antonio housing & neighborhoods, click here. Use the map provided here and the chart below to find out more about single-family home prices and area boundaries.

NOTE: Corresponding map uses a zero before areas 1-9 and zeroes after areas 10. Some areas may have multiple boundaries included in median sales price figure but are denoted on the map.

Rental Properties

Apartments

Apartments range from efficiencies to two-level townhomes with garages. Most apartment communities consist of two and three-story structures and some high-rise buildings. Recreational amenities in many communities include swimming pools, infinity pools, clubhouses, media/theater with billiards room, fitness and business centers.

Apartments typically include carpeting, laminate/hardwood floors, faux blinds, dishwasher, cable/internet connections, garbage disposal, microwaves, central heating and air conditioning. Many apartments built today come equipped with ceiling fans, granite countertops, washer/dryer connections or units, garage parking or underground parking, limited access gates and intrusion alarms. Rental assistance companies are available to assist newcomers with selecting suitable apartments, sight-unseen and ready to move into upon arrival to the city. Agencies are available to work with an individual or family in selecting suitable apartments to meet their needs.

Apartment Rental Rates

Floor Plan Breakdown

Corporate Apartments

Fully furnished apartments are available for those building a home, waiting for closing on a home, on a short-term assignment, consulting or on an internship. Many choose to stay in a corporate apartment for the amenities offered rather than a hotel. The costs are very competitive and apartments are typically fully furnished with furniture and housewares, a linen package for bed, bath and kitchen, cable, internet services, and housekeeping services.

Houses

Available monthly rental rates for homes, depending upon the location, size and amenities offered, range from approximately $650.00 to $5,000.00.

Relocation Assistance

The need to transfer key personnel is an important aspect of the company's site selection process. San Antonio has several major residential real estate brokerage firms with corporate relocation departments. There are rental relocation companies that provide relocation assistance. Some of the services they offer include plant / office presentations to acquaint all employees / transferees with the area; assistance to the company in preparing relocation packages tailored to the local housing market; and an orientation tour of the city, apartment, and housing areas.

Many companies will give employees a designated time for temporary living in a fully furnished apartment. Temporary living allows employees to get acquainted with the city and an extended opportunity to decide on a home purchase or rental for the long term. Temporary corporate apartment living is less expensive than an extended stay in a hotel.

Source: Apartment & Relocation Center, San Antonio, Texas

Downtown Living

For those wanting to live in the heart of the city, there are a variety of properties available downtown for rent or for sale. Apartment rental rates range from $800 for a one bedroom to more than $2,000 for a three bedroom. In recent years, developers' interest in renovating historic buildings into living quarters has surged. Among these projects are the Majestic and Brady Buildings, Robert E. Lee Building, Calcasieu Building, Maverick Building, Cadillac Lofts and a variety of new buildings that continue to be built. There are nearly 1,700 existing rental units with several under construction. In addition, a few medium / high-rise condominium facilities are under construction. There are more than 100 condominium units under construction in the King William area of downtown. A number of residential projects are in the planning and feasibility stages and will soon be under construction. Those living downtown represent a diverse group of residents including retired persons, executives, office workers, students, artists, professionals, employees of downtown business, as well as those living on a fixed and / or limited income.

Source: Apartment & Relocation Center, San Antonio, Texas