Austin, Texas has the smallest share of millennials living at home with their mom, at 14 percent. Renters in Austin can expect to put less than 30 percent of their income toward a rental payment. Other markets with a small percentage of millennials living with Mom include Seattle, Denver and Oklahoma City.
More millennials age 24-36 live with their moms than at any time in the past decade. Nearly a quarter of U.S. millennials are living at home with their mom, which translates to about 12 million young adults nationwide.
The combination of rapidly rising rents and slow income growth over the past half-decade drove many young adults to either move back in or never move out of their parents’ home.
Living with parents may allow young adults to pursue work or a passion that may not be especially lucrative, or save enough money for first and last month’s rent or a down payment on a home of their own.
Another reason might be that millennials are wanting to enjoy life more and spend their money on travels and entertainment. They see how hard their parents worked and want to make sure they get the most out of life while they are young and can enjoy it.
The median rent in the U.S. is $1,447 per month, up almost 3 percent over the past year.
Click here to read the entire release.
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Apartments Over look Minute Maid Park
The Catalyst’s outdoor spaces have a pool, outdoor kitchen, cabanas, yoga lawn and views of Minute Maid Park.[/caption] By Fauzeya Rahman Houston Business Journal here.]]>
Reporter, Houston Business Journal A new high-rise downtown apartment building boasting close-up views of Minute Maid Park has officially opened, just in time for the start of the regular baseball season. Catalyst, a 359-unit, 28-story high-rise, marks its debut April 5 and is less than 30 percent occupied, according to leasing manager Brandy Vogel. The apartment complex sits on a city block bounded by Texas Avenue, Austin street, Prairie Street and La Branch Street. It’s the second Catalyst apartment project for Illinois-based multifamily developer Marquette Cos., the first is in Chicago. The apartment complex sits on a city block bounded by Texas Avenue, Austin street, Prairie Street and La Branch Street. It’s the second Catalyst apartment project for Illinois-based multifamily developer Marquette Cos., the first is in Chicago. Marquette received a Downtown Living Initiative grant equal to about $5.4 million from the city. The program gave $15,000 per unit in tax rebates to downtown developers. In 2017, 1,448 residential units were built, according to the Houston Downtown Management District. Catalyst features more than two dozen floor plans, ranging in size from a little above 600 square feet to close to 2,000 square feet. Rents start around $1,600 per month, with some floor plans receiving two or three months free rent, Vogel said. To see the full article goKirby Collection Video Intro by MK
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West 18th $1000 Off Promo
Hurry in to get $1000 at West 18th Apartments. Call us with the latest details or to book your appointment. We are also offering $200 rebate when you lease here! *Restrictions apply, prices and special subject to change. Applicant must lease before 4/30/17.]]>
New Apartment Construction 2017
As of 2/27/2017, here is a list of Brand New Apartment Construction for 2017. Some apartments are complete and more will be added to this list. If you would like further information such as prices, floor plans, or specials please contact one of our agents or request to be on our emailing list for updated brand new apartments being built in 2017.
Broadstone Tinsley
Park 919 Gillette, Houston, TX 77019 Call 713-504-5425 for more information, availability and specials. Map#:493K 1Bed:$1,410-2,315 2Bed:$2,015-2,615 Special:1 month free prorated or upfront w/12+mo ID:5024A Mgmt:Alliance Residential Co Availability: 1×1, 2×2 [2/10]Aris Market Square
409 Travis St, Houston, TX 77002 Call 713-504-5425 for more information, availability and specials. Map#:493L 1Bed:$1,650-3,860 2Bed:$3,850-7,975 3Bed:$10,450 Special:3 mo free prorated over 6mo w/13+mo ID:4989A Mgmt:GreystarBroadstone Skyline
707 Saulnier St, Houston, TX 77019 Call 713-504-5425 for more information, availability and specials. Map#:493P 1Bed:$1,426-1,972 2Bed:$1,996-2,592 Special:1mo upfront, 1mo prorated w/12mo ID:4966A Mgmt:Alliance Residential Co Availability: 1×1, 2×2 [2/24] Brand NEW Skyline View Community Schedule Private viewing!The Hayworth
1414 Wood Hollow Dr, Houston, TX 77057 Call 713-504-5425 for more information, availability and specials. Map#:490R 1Bed:$2,495-3,495 2Bed:$3,295-5,495 3Bed:$4,795-5,295 Special: 2wks free upfront & 2wks prorated w/12mo ID:5027A Mgmt:GreystarDolce Midtown
1973 W Gray, Ste 4, Houston, TX 77019 Call 713-504-5425 for more information, availability and specials. Map#:493P 1Bed:$1,695-1,825 2Bed:$2,050-2,175 Special:1mo free w/12mo ID:4932A Mgmt:Pace Realty CorpFolio West
2525 City West Blvd, Houston, TX 77042 Call 713-504-5425 for more information, availability and specials. Map#:489U 1Bed:$1,235-1,787 2Bed:$1,872-2,530 3Bed:$2,957-3,480 Special:6 weeks prorated w/12+mo ID:4982A Mgmt:Z R S ManagementMarina Bend At Clear Creek
350 N Wesley Dr, League City, TX 77573 Call 713-504-5425 for more information, availability and specials. Map#:658L 1Bed:$938-1,285 2Bed:$1,395-1,795 Special:1mo free w/12+mo ID:5088A Mgmt:GreystarHaven At Main
8700 S Main, Houston, TX 77025 Call 713-504-5425 for more information, availability and specials. Map#:532Q 1Bed:$1,300-1,400 2Bed:$1,800-2,000 Special:2 mo free prorated w/12mo ID:4965A Mgmt:C A F Mgmt]]>Alexan 5151 Coming 2017
Alexan 5151 will be a beautiful 4 sotry podium style apartment building. Construction started June 2015 and anticipated completion will be in September 2017. There will be 397 units with an average of 870 sq. ft. Located in the Galleria area. Trammell Crow Residential is the developer. To keep up to date on this new property and other brand new apartments just fill out the form below and let us know when you are looking to move! More Brand New Apartments coming 2017 [gravityform id="73" title="true" description="true"]]]>