A Complete Guide on Renting Luxury Apartments in Georgetown Texas

Looking for high-end living in Georgetown, TX? Here’s what you need to know:

• Average rent: $1,453 (1BR), $1,834 (2BR)
• Top-tier luxury apartments: Up to $6,696/month
• 343 luxury apartments across 25 buildings (as of 2024)

Key features:

• Resort-style pools
• High-end fitness centers
• Smart home technology
• Concierge services (in some buildings)

Best areas:

1. Downtown Georgetown
2. Wolf Ranch Area
3. Cimarron Hills and Berry Creek

To rent:

• Income requirement: 3x monthly rent
• Expect application fees ($25-$100)
• Security deposit: 1-2 months’ rent
• Don’t forget: Renters insurance (~$5/month)

Pro tip: Use a free service like Taco Street Locating to streamline your search.

Remember: Budget for extras like parking, pet rent, and utilities on top of your base rent.

Ready to find your luxury home in Georgetown? Let’s dive into the details.

Georgetown’s High-End Rental Market Today

Georgetown’s luxury apartment scene is hot. It’s where small-town charm meets upscale living. Let’s take a look at what’s happening in this market right now.

Current Market Status

Georgetown’s high-end rental market is on fire. In 2024, you’ve got 343 fancy apartments spread across 25 buildings. These aren’t just for the rich and famous – they’re attracting singles, couples, and families who want a taste of the good life just outside Austin.

What Makes an Apartment High-End?

In Georgetown, luxury apartments aren’t just apartments – they’re experiences. Here’s what you can expect:

• Granite countertops and stainless steel appliances (because who doesn’t love a fancy kitchen?)
• Wood-style flooring (say goodbye to carpet)
• Pools that make you feel like you’re on vacation
• Gyms that put your local fitness center to shame
• Concierge services in high-rises (because sometimes you need someone to accept your packages)
• Eco-friendly perks like bike racks and electric car charging stations

Take The Villages of Georgetown, for example. They’ve got a pool that screams “resort”, a fitness center, a game room, and even a dog park. It’s like a mini-city within the city.

Typical Rent Prices

Now, let’s talk money. Living the high life in Georgetown isn’t cheap, but it’s not Austin-level expensive either. Here’s what you’re looking at:

Keep in mind, these are averages. Some places go for as much as $6,696 a month. That’s not a typo – that’s just how luxurious some of these spots are.

Market Changes and Outlook

The Georgetown rental market’s been doing some interesting dance moves lately:

• Prices are jumping around like crazy. Short-term, we’re seeing big increases. But year-over-year? It’s a different story – some types of apartments are even seeing slight decreases.
• Home prices in Georgetown are cooling off. Since November 2021, they’ve only gone up by 18.1%. That might sound like a lot, but it’s actually slowing down compared to the pandemic frenzy.
• There’s more inventory now. That means more choices for renters and maybe even some room to negotiate.

Team West Real Estate says, “The market is forecasted to remain strong.” In other words, things are settling down, but Georgetown’s still a hot spot for luxury rentals.

Looking ahead, renters might find they have more time to shop around. No need to jump on the first fancy apartment you see – you might actually have time to find one that’s perfect for you.

Best Areas for High-End Apartments

Georgetown, Texas, blends small-town charm with upscale living. Let’s check out the top spots for luxury apartments that fit your high-end lifestyle.

Downtown Georgetown Options

Downtown Georgetown is where history meets modern luxury. Here’s what makes it special:

• It’s near the iconic Williamson County Courthouse
• Southwestern University adds a brainy vibe to the area
• You can find everything from cozy studios to roomy lofts

Rent in downtown? Smaller places go for $500-700, while fancier digs can hit $1000 or more.

“The market is forecasted to remain strong”, says Team West Real Estate, showing that downtown Georgetown is still a hit with luxury renters.

Wolf Ranch Area

Wolf Ranch is becoming the new hot spot for luxury apartments. Why? It’s:

• A well-planned community
• Along the San Gabriel River (hello, views!)
• Packed with modern perks

Let’s talk about Radius Wolf Ranch. This place is Wolf Ranch living at its best:

• 1, 2, and 3 bedroom homes
• Pool that feels like a resort
• Gym that’ll make you want to work out
• Close to St. David’s Georgetown Hospital

“A well-designed community gives your life that extra element of appeal”, says Radius Wolf Ranch. That’s Wolf Ranch living in a nutshell.

Want a deal? They’re offering up to 10 weeks free rent and a $1,000 gift card for new folks moving in.

Cimarron Hills and Berry Creek

These areas offer a different kind of luxury:

Cimarron Hills:

• Gated community with newer homes
• Golf course designed by Jack Nicklaus
• HOA fee gets you a social membership to the country club

Berry Creek:

• Known for its lively community
• Has its own country club
• Looks like a postcard

Both places are perfect if you want high-end living away from the city buzz.

In these communities, expect top-notch appliances, fancy master bedrooms, and outdoor spaces that’ll make you want to live outside.

Georgetown’s luxury apartment scene keeps changing, with lots of choices for picky renters. Whether you’re into downtown’s urban feel, Wolf Ranch’s modern vibe, or the exclusive atmosphere of Cimarron Hills and Berry Creek, you’ll find a high-end apartment that fits you just right.

Common Features in High-End Apartments

Looking for a luxury apartment in Georgetown, Texas? You’re not just renting a space – you’re buying into a lifestyle. Let’s check out what makes these fancy apartments stand out.

Shared Building Features

Luxury apartments in Georgetown go all out with their shared amenities. It’s like living in a resort, but it’s your home.

Take Alta Berry Creek. They’ve got a killer swimming pool – perfect for those scorching Texas summers. But it’s not just about swimming. The outdoor area has TVs, seating, and games. It’s like your own private hangout spot.

“Your home should be a retreat.” – Alta Berry Creek

This idea shows up in their social clubroom too. It’s got a kitchen and comfy seating areas with TVs. Perfect for chilling after work or having friends over.

Need to work? No problem. Alta Berry Creek has a “work well space” with private offices you can book. Plus, Wi-Fi in common areas. It’s great for remote workers or anyone who needs a change of scenery.

Gym rats, listen up. These high-end communities have 24/7 fitness centers. At Alta Berry Creek, we’re talking top-notch equipment from Precor, Echelon, Freemotion, and Stairmaster. These aren’t your average treadmills – they’ve got touchscreens and tech connectivity.

The Gabriel Georgetown Apartments takes it up a notch. Their gym has Peloton® bikes and Aviron® rowing machines with commercial subscriptions. That means you can join live classes or do on-demand workouts right in your building.

Safety and Tech Features

Georgetown’s luxury apartments are on top of their game when it comes to safety and tech. These features make life easier and safer.

Smart home tech is big. At MAA Windmill Hill, all units have smart home features. Think programmable thermostats, smart locks, and lighting systems you can control from your phone.

Security is a big deal too. Many luxury apartments in Georgetown have gated access and high-tech surveillance. For example, the McNeil House TechSys Apartments in nearby Austin shows what’s possible:

• Each apartment has a Caddx NX-8 security panel
• The system watches for any unusual activity
• Residents can customize their setup

While Georgetown apartments might not all have this level of tech, it gives you an idea of what to look for.

Energy efficiency is also key in luxury living. Many high-end apartments have systems to help cut utility costs and be eco-friendly. Look for:

• Energy-efficient appliances
• Programmable thermostats
• LED lighting
• Double-pane windows for better insulation

These features not only save you money but also help the environment. It’s a win-win.

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How to Rent a High-End Apartment

Want to live it up in Georgetown, Texas? Here’s how to snag a fancy apartment, from proving you can afford it to signing on the dotted line.

Show Me the Money

First things first: you need to prove you’ve got the cash. Most places use the “3x rent” rule. It’s simple math:

Your monthly income > 3 x monthly rent

Let’s say you’re eyeing a sweet spot at The Gabriel Georgetown for $2,000 a month. You’ll need to show you’re pulling in at least $6,000 monthly. That’s $72,000 a year!

But don’t sweat it if you’re a bit short. Some places might bend the rules. As UMoveFree, a Texas apartment finder, puts it:

“The ‘3x rent’ rule is essentially a risk mitigation strategy for landlords. It provides them with some level of assurance that the tenant has sufficient income to consistently cover rent payments along with their other monthly expenses.”

To prove you’re good for it, you’ll typically need:

• Recent pay stubs
• Bank statements
• Last year’s tax returns

Oh, and don’t forget your credit score. Higher is better, but a lower score isn’t a deal-breaker. You might just need to cough up a bigger deposit.

Ready to apply? Get your wallet ready. Application fees for the fanciest Georgetown digs can run you $25 to $100. And no, you probably won’t get that back.

Sealing the Deal

Passed the money test? Great! Now let’s talk leases and deposits.

Most high-end spots in Georgetown want you to stick around for a year, but you might find some wiggle room.

Now, brace yourself for the upfront costs. Your security deposit could be one or two months’ rent. Here’s what you might be looking at:

And that’s on top of your first month’s rent. So for a swanky 2-bedroom, you might need to shell out $3,382 to $5,073 right off the bat. Ouch!

Got a pet? Be ready to pay extra. Pet deposits vary, so ask about Fido fees upfront.

Rent.com drops this truth bomb:

“Paying the security deposit and the first (and sometimes last) month’s rent can be tough, but it’s part of moving.”

Pro tip: Before you move in, do a thorough walk-through. Snap pics or take videos of any existing damage. It could save you big bucks when you move out.

Working with Local Rental Experts

Finding a luxury apartment in Georgetown, Texas doesn’t have to be a headache. Local rental experts can be your secret weapon. Here’s how these pros can make your apartment hunt easier.

Taco Street Locating

Taco Street Locating isn’t just a fun name. It’s a free apartment locating service that’s shaking things up in Austin and Georgetown. Founded by Alexander Concepcion, this company puts a fresh spin on apartment hunting.

What makes Taco Street Locating different?

• They get to know you. They’ll ask about what you need, from must-have amenities to your ideal neighborhood vibe.
• They do the heavy lifting. No more endless scrolling. Taco Street gives you detailed spreadsheets based on what you want.
• They know Georgetown like the back of their hand. They’ll give you tips that go beyond just apartment features.

“We want to make apartment hunting fun and easy. We’re not just finding you a place to live – we’re helping you find your new home.” – Alexander Concepcion, Founder of Taco Street Locating

Online Tours and Viewing Tips

These days, you can start your luxury apartment hunt from your couch. Virtual tours are a big help, especially if you’re moving from out of town.

Here’s how to get the most out of online tours:

1. Make a list: Before your virtual tour, write down what you want to see. Don’t forget parking, amenities, and the rental office.
2. Ask questions: Treat virtual tours like you’re there in person. Ask about lease terms, fees, and community rules.
3. Use tech to your advantage: Many Georgetown apartments offer 3D walkthroughs. For example, Gardens at Verde Vista lets you take virtual home tours to really see their floor plans.
4. Visit in person if you can: Virtual tours are great for narrowing down your options. But nothing beats seeing a place with your own eyes. As Rent.com says, “Virtual tours are a great starting point. If you can, schedule in-person showings for your top picks.”

Cost Planning for High-End Apartments

Renting a luxury apartment in Georgetown, Texas isn’t just about fancy living. It’s about smart money management too. Let’s dive into the costs you’ll face in this charming city.

Rent and Extra Costs

Your biggest expense? Monthly rent. Here’s what luxury living in Georgetown cost as of August 2024:

But don’t get too comfortable with those numbers. The top-tier luxury spots in Georgetown can cost up to $6,696 per month. That’s some serious cash!

And don’t forget the extras. Many high-end communities tack on fees for:

• Parking (especially covered spots)
• Pet rent
• Amenity access
• Valet trash service

Pro tip: Ask for a full breakdown of all fees before you sign anything. You don’t want any shocks when the bill arrives.

Insurance and Utility Costs

Now, let’s talk protection. Texas doesn’t make renters insurance mandatory, but many landlords do. And honestly? It’s a smart move.

“When you buy renters insurance with Liberty Mutual, we’ll help make sure you have the right documents to show proof of coverage.” – Liberty Mutual

Here’s the good news: renters insurance in Texas can be cheap, starting at just $5 a month. That’s not much for peace of mind.

A typical renters insurance policy covers:

• Your stuff (if it’s stolen or damaged)
• Extra living costs (if you can’t stay in your apartment)
• Personal liability (if someone gets hurt in your home)

As for utilities, luxury often means energy-efficient appliances, which can help keep costs down. But you’ll still need to budget for:

• Electricity
• Water and sewer
• Internet and cable
• Gas (in some places)

Many luxury spots in Georgetown are going green. You might find electric car charging stations or smart lighting systems. These can shrink your carbon footprint and maybe save you some cash too.

Summary

Thinking about renting a luxury apartment in Georgetown, Texas? Here’s what you need to know:

Georgetown’s luxury apartment scene blends small-town charm with high-end living. As of 2024, there are 343 upscale apartments across 25 buildings. Expect to pay around $1,453 for a one-bedroom and $1,834 for a two-bedroom on average. But if you’re after the crème de la crème, some places go up to $6,696 a month.

What makes these apartments “luxury”? Think resort-style pools, top-notch gyms, and smart home tech. Some even throw in concierge services.

Location is key. Downtown Georgetown is perfect if you love city vibes. Wolf Ranch Area offers a modern planned community feel. For a more exclusive atmosphere, check out Cimarron Hills and Berry Creek.

Remember, rent isn’t your only expense. Budget for extras like parking fees, pet rent, and amenity access. Don’t forget utilities and renters insurance (which starts at just $5 a month). Most places want to see you’re making at least 3 times the rent.

Here’s what Alexander Concepcion, founder of Taco Street Locating, has to say:

“We want to make apartment hunting fun and easy. We’re not just finding you a place to live – we’re helping you find your new home.”

Ready to start your search? Here’s a game plan:

1. List your must-have features and preferred areas
2. Use a service like Taco Street Locating for personalized help
3. Take virtual tours to narrow down your options
4. Visit your top picks in person
5. Read the lease carefully and ask about ALL fees before you sign

Happy apartment hunting!