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Rent Inflation in San Antonio, TX

The average asking rent in San Antonio, TX is $1,398/month as of 2026-04. That is -1.7% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) | zillow.com/research

Current Avg Rent

$1,398/mo

as of 2026-04

Year-over-Year Change

-1.7%

24-Month Rent Trend

Monthly ZORI index values for San Antonio, TX.

Month Avg Asking Rent Change from Prior Month
2026-04 $1,398 +0.22%
2026-03 $1,395 +0.58%
2026-02 $1,387 +0.14%
2026-01 $1,385 -0.07%
2025-12 $1,386 -0.65%
2025-11 $1,395 -0.64%
2025-10 $1,404 -0.85%
2025-09 $1,416 -0.49%
2025-08 $1,423 -0.35%
2025-07 $1,428 +0.14%
2025-06 $1,426 +0.07%
2025-05 $1,425 +0.21%
2025-04 $1,422 +0.28%
2025-03 $1,418 +0.57%
2025-02 $1,410 +0.50%
2025-01 $1,403 +0.29%
2024-12 $1,399 -0.43%
2024-11 $1,405 -0.92%
2024-10 $1,418 -0.98%
2024-09 $1,432 -0.49%
2024-08 $1,439 +0.00%
2024-07 $1,439 +0.07%
2024-06 $1,438 +0.14%
2024-05 $1,436

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data Source

Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices