A Complete Guide to Living and Renting Apartments in Georgetown Texas
Looking to rent in Georgetown, Texas? Here’s what you need to know:
- Georgetown offers small-town charm with easy access to Austin (27 miles away)
- Average rent: $1,637 (as of November 2024)
- 1-bedroom: $1,375
- 2-bedroom: $1,774
- Rent prices dropped 5.5% in the last year
- Best areas to rent:
- Downtown: Lively, walkable, affordable ($500-$1000)
- Sun City: 55+ community, resort-style living ($1,750-$3,500)
- Budget 30% of income for rent
- Prepare documents: ID, proof of income, rental history
- Act fast – Georgetown’s market is competitive
- Consider using Taco Street Locating for free apartment-finding help
Georgetown offers a growing job market, outdoor activities, and community events. It’s pricier than the U.S. average but cheaper than Austin, making it an attractive option for those seeking a balance of small-town living and city amenities.
Related video from YouTube
Benefits of Living in Georgetown
Georgetown, Texas is a gem that combines small-town vibes with big-city perks. It’s a hit with families, young professionals, and retirees. Let’s dive into what makes Georgetown so special.
Getting to Austin from Georgetown
Georgetown’s location is a big plus. It’s just a hop, skip, and a jump from Austin – about 27 miles or a 31-minute drive. This means you can enjoy Georgetown’s cozy community feel while still having Austin’s job market and culture at your fingertips.
But heads up – the commute can get tricky, especially on I-35. Here’s a pro tip from a local:
“If you can snag a 7am-3pm shift, leaving at 5:45am gives you a smooth ride with light traffic.” – BijouBaby, City-Data Forum Member
Traffic starts to pile up around 6:30-6:40 AM, so beating the rush can save you some headaches.
Life in Georgetown
Georgetown isn’t just a place to live – it’s a place to thrive. Here’s why:
Community Spirit: Georgetown knows how to party. The Red Poppy Festival is a local favorite, drawing folks from all over Texas to celebrate the city’s unique flowers.
Nature Lover’s Paradise: Want to stretch your legs? Berry Springs Park and Preserve is perfect for hiking, biking, and fishing. Or check out Garey Park – it’s got 525 acres of fun, including zip lines!
Charming Downtown: They call Georgetown’s downtown square “The Most Beautiful Town Square In Texas.” It’s not just pretty – it’s packed with history, shops, and great eats.
Top-Notch Schools: Georgetown ISD is a star performer, scoring 83/100 and ranking among the best in the Austin area.
Booming Economy: Georgetown is growing fast, and that means more jobs. As Mayor Josh Schroeder puts it:
“Georgetown keeps attracting new folks for the same reasons we all moved here – good jobs, safe neighborhoods, and killer parks and events.”
Green Energy Pioneer: Georgetown walks the talk on sustainability, running on 100% renewable energy while keeping its small-town charm.
Wallet-Friendly Housing: While living here costs about 17% more than the national average, it’s still a bargain compared to Austin. The median home price? $462,762. Not bad for more space and less hustle.
Cultural Melting Pot: Georgetown embraces diversity. Events like the Korean Culture Experience Day bring the world to your doorstep.
From its family-friendly vibe to its forward-thinking attitude, Georgetown offers a lifestyle that’s hard to beat. Whether you’re into history, outdoor adventures, or just want that perfect balance of city and small-town life, Georgetown’s got you covered.
Georgetown Apartment Market Overview
Georgetown’s apartment market is a mix of small-town charm and big-city proximity. Let’s look at what’s happening now and what’s coming up.
Current Rent Prices and Trends
As of November 2024, Georgetown is cheaper than Austin but still has that cozy small-town vibe. Here’s the scoop:
- Georgetown’s average rent: $1,637
- Austin’s average rent: $1,703
- 1-bedroom in Georgetown: $1,375 on average
- 2-bedroom in Georgetown: $1,774 on average
Georgetown’s rent prices have actually dropped a bit. The median rent of $1,461 is down 5.5% from last year. That’s a bigger drop than Texas (-2.9%) and the national average (-0.7%).
On a budget? You’re in luck. Downtown has smaller rentals from $500 to $700, with larger units up to $1,000. Fancy living more your style? Upscale condos and townhomes in the suburbs go for $900 to $1,100.
What’s Coming in 2024-2025
Georgetown’s rental market looks like it’ll stay affordable and stable. Here’s what to watch for:
1. Prices Might Keep Dropping
The 5.5% year-over-year rent decrease could continue into 2025. Good news for renters!
2. More Places to Choose From
As of October 31, 2024, there were 981 homes for sale and 191 new listings. More inventory could mean more rental options.
3. Not Too Crazy Competitive
Georgetown’s housing market scored 37 out of 100 in competitiveness. This could lead to better deals for renters.
4. Slower Price Growth
Home values in Georgetown dropped 3.8% last year, averaging $435,230. This might keep rental prices steady or even push them down a bit.
5. Seasonal Changes
Properties typically take about 64 days to go pending. You might snag better deals in slower seasons, usually winter.
Georgetown is still a great option for folks who want to be near Austin without the Austin prices. As one local real estate pro put it:
“Georgetown’s rental market is in a sweet spot right now. We’re seeing prices go down and options go up – it’s a great time for renters to look around.”
Best Areas to Rent in Georgetown
Georgetown’s got some great spots for renters. Let’s check out two popular areas:
Downtown Georgetown
Downtown’s where it’s at if you want to be in the middle of everything. Here’s why:
It’s buzzing with energy, thanks to Southwestern University. You’ll find lots of young people and a mix of rental options.
Want to save some cash? Downtown’s got you covered. You can snag a small place for $500 to $700, or go bigger for around $1,000.
The best part? You can walk everywhere. Restaurants, shops, you name it – it’s all right there.
Oh, and did I mention the cool old buildings? Downtown’s got that historic vibe that’s hard to beat.
Sun City Area
Now, if you’re 55 or older and looking for that resort life, Sun City’s your spot. Here’s the scoop:
It’s like being on vacation all the time. You’ve got golf courses, fitness centers, and tons of clubs and activities.
One resident put it this way on Trulia:
“Everyone is friendly. Almost everyone picks up after their dogs. Very little traffic. Traffic is slow. Lots of people drive golf carts.”
Sounds pretty chill, right?
Sun City’s also big on safety, with low crime rates and people looking out for each other.
Nature lovers, you’re in luck. There are wide streets, walking trails, and plenty of green spaces to enjoy.
Now, renting in Sun City isn’t cheap. You’re looking at $1,750 to $3,500 a month, depending on what you’re after.
So, what’s it gonna be? Downtown’s lively scene or Sun City’s laid-back vibe? Think about what fits your lifestyle best.
sbb-itb-b58f531
Types of Apartments Available
Georgetown’s apartment scene is booming. From fancy digs to pet-friendly pads, there’s a spot for everyone.
High-End Apartments
Want to live large? Georgetown’s got you covered. Take Reveal 54 Apartments. These eco-friendly units are all about the good life:
- Open spaces with high ceilings
- Fancy kitchens with big islands
- A pool that looks like it goes on forever
- A gym you can hit 24/7
- A cool spot to hang with neighbors
One happy resident said:
“Feels like Sunday, every day.”
That’s the vibe these places are going for.
Then there’s Summit Lofts. It’s part of Georgetown’s first fancy mixed-use spot. You get:
- One and two-bedroom homes
- A pool on the roof (perfect for those Texas scorchers)
- Your own little courtyard
- Shops right downstairs
But here’s the kicker: these swanky pads aren’t cheap. As of November 2024, you’re looking at $1,750 to $3,500 a month. Ouch.
Apartments that Allow Pets
Got a furry friend? No sweat. Georgetown’s got 1,902 pet-friendly apartments up for grabs in 2024.
Here’s how they break down:
- 66 studios
- 920 one-bedrooms
- 627 two-bedrooms
- 186 three-bedrooms
But watch out – some places have rules. Reveal 54, for example, says yes to pets but no to certain breeds. Sorry, German Shepherd fans.
If you’re on the hunt for a pet-friendly spot:
- Ask about extra costs for pets
- Look for nearby parks
- Check if there are size limits for pets
Pro tip: Service animals usually get a pass on breed restrictions. Just clear it with management first.
So whether you’re after the high life or a cozy spot for you and Fido, Georgetown’s got options. From slick downtown pads to roomy suburban spots, you’ll find your perfect match.
How to Rent an Apartment
Looking for a new place in Georgetown? Here’s how to do it:
Planning Your Budget
First things first: figure out what you can afford.
Most Georgetown landlords want your monthly income to be 3 times the rent. So for that average $1,345 one-bedroom, you’d need to make about $4,035 a month.
But don’t forget the extras:
- Utilities
- Parking
- Pet fees (if you’ve got a furry friend)
These can add up fast.
Think about what matters most to you. Maybe you’d rather have a tiny place downtown and walk to work instead of paying for a car.
“To live comfortably in Georgetown, aim to make about $4,483 per month or $53,796 per year, based on the average rent.” – Local Real Estate Expert
Submitting Your Application
Found your dream spot? Time to apply. Here’s what you’ll need:
- Proof of income: Recent pay stubs or a job offer letter
- ID: Driver’s license or passport
- Rental history: 3 years of info, including landlord contacts
- Credit report: Know your score before they check
- Application fee: Usually $50-$100
If you’re applying with roommates, make sure your combined income hits the mark. Each of you should earn at least 70% of the total qualifying income.
Here’s the kicker: submitting an application doesn’t guarantee you’ll get the place. Georgetown’s rental market is first come, first served. So when you find a place you love, move fast.
“Make your application attractive to the landlord by being well-qualified and offering substantiation of your viability as a tenant.” – Georgetown Property Manager
Taco Street Locating
Apartment hunting in Georgetown got you stressed? Enter Taco Street Locating – your free apartment-finding sidekick.
Founded by Alexander Concepcion, this service isn’t your run-of-the-mill listing site. They’re all about getting to know YOU and what makes your perfect pad tick.
Here’s the scoop on Taco Street Locating:
They kick things off with a chat. Downtown Georgetown or Sun City chill – they’ll help you nail down your vibe. Then, they do the heavy lifting. Say goodbye to endless scrolling. You’ll get a neat spreadsheet with apartments that fit your bill – prices, perks, and all that good stuff.
Like what you see? They’ll set up tours so you can check out the digs in person. Found “the one”? They’ve got your back with the application process too.
But wait, there’s more. These folks know Georgetown like the back of their hand. They’ll dish on up-and-coming neighborhoods, taco hotspots, and where to find your tribe.
The cherry on top? It’s all FREE for you. They get paid by the apartments when you sign on the dotted line.
Don’t just take our word for it. Here’s what Sarah T., a Georgetown local, had to say:
“Taco Street Locating made my move to Georgetown so much easier. They found me an apartment that fit my budget and was close to my new job. Their local knowledge was invaluable!”
So, whether you’re fresh off the boat in Georgetown or a long-timer looking to switch things up, Taco Street Locating’s got you covered. They’ll save you time, keep your stress levels in check, and might even help you score a sweet deal.
Conclusion
Georgetown, Texas is a gem. It’s got that small-town vibe but with big-city perks nearby. Think historic downtown meets modern convenience.
Here’s the scoop on renting in Georgetown:
It’s pricier than the U.S. average, but cheaper than Austin. As of November 2024:
- One-bedroom: $1,348
- Two-bedroom: $1,691
Good news: prices dropped 3.3% last year.
Location? Downtown’s buzzing if you like action. Sun City’s chill for the 55+ crowd.
Money talk: Aim to spend no more than 28% of your income on rent. With Georgetown’s median income at $73,822, most folks manage just fine.
Georgetown’s got it all: outdoor fun, community events, and a job market on the up and up. Plus, it’s growing FAST – ranked #1 for growth in 2023.
Ready to apartment hunt? Here’s your game plan:
- Start early
- Try Taco Street Locating to make life easier
- Get your paperwork ready
- Don’t forget extras like utilities and pet fees
FAQs
Is it expensive to live in Georgetown, Texas?
Georgetown, Texas, costs more than the average U.S. city, but it’s cheaper than nearby Austin. Here’s the scoop:
Georgetown’s cost of living index is 117 as of September 2024. That’s 17% above the national average and way higher than Texas’s 93.9 average.
What does this mean for your wallet? Let’s break it down:
Housing in Georgetown isn’t cheap. The median home price is $462,762, topping the national median of $428,000. Rent prices as of November 2024 are:
- Studio: $1,191
- One-bedroom: $1,345
- Two-bedroom: $1,691
But here’s some good news: rent prices dropped 3.5% last year. You’re saving about $47 a month.
Healthcare? It’s about 13% pricier than the national average. Keep that in mind when budgeting.
To live comfortably in Georgetown, you’ll want to earn around $4,483 monthly or $53,796 yearly. This follows the rule of thumb: don’t spend more than 30% of your income on rent.
So, why pay more? Georgetown has its perks:
“Georgetown’s historic downtown, access to nature parks, and growing amenities make it an attractive place to live, even with the higher cost of living”, says Sarah Thompson, a local real estate expert.
Is it worth it? That’s up to you to decide.