Market Analysis

San Antonio, Texas

Rental investment market data and analysis · Updated July 2026

Median Home Price

$274,620

Average Monthly Rent

$1,732

Estimated Cap Rate

7.6%

Rent-to-Price Ratio

0.6%

Below 1% Rule

Market Trends

San Antonio metro area — % change since 2018

Home Prices

+62.6%

Rent Index

+36.2%

-2%12%26%39%53%67%20182020202220242026

Average Rent by Bedroom

BedroomsAvg Rent
Apartment$1,110/mo
Manufactured$1,190/mo
Townhouse$1,411/mo
Condo$1,491/mo
Multi-Family$1,565/mo
Single Family$1,856/mo

Sample Investment Analysis

Based on median price + average rent, 20% down, 6.8% rate, 30yr

Purchase Price$274,620
Down Payment (20%)$54,924
Monthly P&I$1,432
Monthly Rent$1,732
Est. NOI$12,470/yr
Est. Cash Flow-$393/mo
Cash on Cash-7.8%

The San Antonio market is cash-flow negative at median prices. Look for properties 15-20% below median or with value-add potential.

What Investors Should Know About San Antonio

  • 1Strong cap rates above 7% — excellent cash flow potential
  • 21% Rule fails at median prices — need rent of $2,746/mo to pass
  • 3Below-average rents keep entry costs low for new investors

Ready to analyze a property in San Antonio?

Get instant cap rate, cash flow, and DSCR analysis on any address. Access data on 140M+ properties.