{
  "schema_version": "1.0",
  "submarket": {
    "slug": "dripping-springs-tx",
    "name": "Dripping Springs",
    "state": "TX",
    "city": "DRIPPING SPRINGS",
    "cbsa": "Austin-Round Rock-San Marcos",
    "zip_codes": [
      "78620"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:52:00.147Z",
    "last_updated_at": "2026-06-02T13:06:10.818Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1568,
        "low": 1494,
        "high": 1641,
        "mom_pct": 2.61,
        "yoy_pct": 3.61
      },
      "2br": {
        "median": 1925,
        "low": 1829,
        "high": 2021,
        "mom_pct": -1.58,
        "yoy_pct": 0.06
      },
      "3br": {
        "median": 2214,
        "low": 2159,
        "high": 2269,
        "mom_pct": 2.12,
        "yoy_pct": 1.1
      },
      "4br": {
        "median": 2983,
        "low": 2894,
        "high": 3072,
        "mom_pct": -0.86,
        "yoy_pct": 1.29
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1633,
        "low": 1592,
        "high": 1674,
        "mom_pct": 2.9,
        "yoy_pct": -0.85
      },
      "2br": {
        "median": 2015,
        "low": 1965,
        "high": 2065,
        "mom_pct": 0.20000000000000004,
        "yoy_pct": -0.93
      },
      "3br": {
        "median": 2345,
        "low": 2270,
        "high": 2420,
        "mom_pct": -0.47,
        "yoy_pct": -4.87
      },
      "4br": {
        "median": 3159,
        "low": 3064,
        "high": 3254,
        "mom_pct": -0.28,
        "yoy_pct": 1.4799999999999998
      }
    },
    "single_family": {
      "1br": {
        "median": 1682,
        "low": 1628,
        "high": 1736,
        "mom_pct": -5.72,
        "yoy_pct": -5.19
      },
      "2br": {
        "median": 2152,
        "low": 2098,
        "high": 2206,
        "mom_pct": -3.85,
        "yoy_pct": -2.41
      },
      "3br": {
        "median": 2595,
        "low": 2478,
        "high": 2712,
        "mom_pct": 0.73,
        "yoy_pct": 1.7800000000000002
      },
      "4br": {
        "median": 3226,
        "low": 3129,
        "high": 3323,
        "mom_pct": -2.56,
        "yoy_pct": -1.22
      }
    }
  },
  "vacancy": 3.5452,
  "days_on_market": {
    "apartment": 33,
    "condo_townhome": 31,
    "single_family": 25
  },
  "ai_summary": [
    {
      "headline": "1BR apartments climb 2.61% MoM to $1,568",
      "body": "In the Dripping Springs (78620) rental market, 1-bedroom apartments posted a 2.61% monthly increase, reaching $1,568 in April 2026. This segment also grew 3.61% year-over-year, reflecting continued strength at the entry-level apartment tier for tenants and investors."
    },
    {
      "headline": "2BR condos lead 2BR apartments by $90",
      "body": "Compared to 2-bedroom apartments, 2-bedroom condos in Dripping Springs (78620) commanded a $90 premium, with median rent at $2,015 versus $1,925. Despite this higher pricing, condo rents declined 0.93% year-over-year, while apartment rents edged up by just 0.06%."
    },
    {
      "headline": "1BR single-family drops 5.72% MoM",
      "body": "A notable shift in Dripping Springs (78620) rental trends is the 5.72% month-over-month decrease for 1-bedroom single-family homes, now averaging $1,682. The annual change also showed a decrease of 5.19%, marking this segment as recording the sharpest rental declines for the period."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Dripping Springs, TX range from $1,568 to $3,226 per month depending on property type and bedroom count.",
      "The largest year-over-year change was in single-family 1BR rents, which declined by 5.19%.",
      "For 2-bedroom units, single-family homes have a higher median rent at $2,152 compared to apartments at $1,925."
    ],
    "qa": [
      {
        "question": "What is the current rent range in Dripping Springs, TX as of April 2026?",
        "answer": "As of April 2026, rents in Dripping Springs, TX range from $1,568 for a 1BR apartment to $3,226 for a 4BR single-family home."
      },
      {
        "question": "How much more do condos/townhomes cost compared to single-family homes for the same bedroom count in Dripping Springs, TX?",
        "answer": "For 3BR rentals, condos/townhomes have a median rent of $2,345 while single-family homes are $2,595, so single-family homes are $250 more expensive; for 4BR, condos/townhomes are at $3,159 compared to single-family at $3,226, a $67 premium for single-family homes."
      },
      {
        "question": "What is the premium between apartments and single-family homes for the same number of bedrooms in Dripping Springs, TX?",
        "answer": "For 2BR units, apartments rent for $1,925 and single-family homes for $2,152, a $227 premium for single-family; for 3BR, apartments are $2,214 versus $2,595 for single-family, a $381 premium."
      },
      {
        "question": "Which rental segment in Dripping Springs, TX had the largest month-over-month rent change in April 2026?",
        "answer": "The largest month-over-month change was in single-family 1BR rentals, which increased by 5.72% from the previous month."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1568,
          "2br": 1925,
          "3br": 2214,
          "4br": 2983
        },
        "condo_townhome": {
          "1br": 1633,
          "2br": 2015,
          "3br": 2345,
          "4br": 3159
        },
        "single_family": {
          "1br": 1682,
          "2br": 2152,
          "3br": 2595,
          "4br": 3226
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1528,
          "2br": 1956,
          "3br": 2168,
          "4br": 3009
        },
        "condo_townhome": {
          "1br": 1587,
          "2br": 2011,
          "3br": 2356,
          "4br": 3168
        },
        "single_family": {
          "1br": 1784,
          "2br": 2238,
          "3br": 2576,
          "4br": 3311
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1424,
          "2br": 1957,
          "3br": 2158,
          "4br": 3048
        },
        "condo_townhome": {
          "1br": 1583,
          "2br": 2047,
          "3br": 2362,
          "4br": 3225
        },
        "single_family": {
          "1br": 1812,
          "2br": 2263,
          "3br": 2512,
          "4br": 3056
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1443,
          "2br": 1948,
          "3br": 2242,
          "4br": 3086
        },
        "condo_townhome": {
          "1br": 1561,
          "2br": 2081,
          "3br": 2377,
          "4br": 3275
        },
        "single_family": {
          "1br": 1886,
          "2br": 2299,
          "3br": 2617,
          "4br": 3251
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1497,
          "2br": 1947,
          "3br": 2261,
          "4br": 3105
        },
        "condo_townhome": {
          "1br": 1598,
          "2br": 2100,
          "3br": 2344,
          "4br": 3305
        },
        "single_family": {
          "1br": 1908,
          "2br": 2326,
          "3br": 2652,
          "4br": 3330
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1533,
          "2br": 1959,
          "3br": 2271,
          "4br": 3117
        },
        "condo_townhome": {
          "1br": 1670,
          "2br": 2128,
          "3br": 2441,
          "4br": 3306
        },
        "single_family": {
          "1br": 1915,
          "2br": 2381,
          "3br": 2686,
          "4br": 3365
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1582,
          "2br": 1935,
          "3br": 2321,
          "4br": 3101
        },
        "condo_townhome": {
          "1br": 1681,
          "2br": 2161,
          "3br": 2448,
          "4br": 3300
        },
        "single_family": {
          "1br": 1883,
          "2br": 2375,
          "3br": 2645,
          "4br": 3397
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1524,
          "2br": 1932,
          "3br": 2266,
          "4br": 3076
        },
        "condo_townhome": {
          "1br": 1647,
          "2br": 2115,
          "3br": 2469,
          "4br": 3342
        },
        "single_family": {
          "1br": 1873,
          "2br": 2324,
          "3br": 2563,
          "4br": 3373
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1506,
          "2br": 1995,
          "3br": 2241,
          "4br": 3005
        },
        "condo_townhome": {
          "1br": 1681,
          "2br": 2123,
          "3br": 2483,
          "4br": 3324
        },
        "single_family": {
          "1br": 1870,
          "2br": 2263,
          "3br": 2486,
          "4br": 3520
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1539,
          "2br": 1987,
          "3br": 2161,
          "4br": 2969
        },
        "condo_townhome": {
          "1br": 1687,
          "2br": 2109,
          "3br": 2475,
          "4br": 3295
        },
        "single_family": {
          "1br": 1894,
          "2br": 2247,
          "3br": 2480,
          "4br": 3507
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1543,
          "2br": 1967,
          "3br": 2203,
          "4br": 2976
        },
        "condo_townhome": {
          "1br": 1706,
          "2br": 2110,
          "3br": 2500,
          "4br": 3189
        },
        "single_family": {
          "1br": 1861,
          "2br": 2259,
          "3br": 2558,
          "4br": 3448
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1505,
          "2br": 1923,
          "3br": 2183,
          "4br": 2948
        },
        "condo_townhome": {
          "1br": 1629,
          "2br": 2047,
          "3br": 2423,
          "4br": 3143
        },
        "single_family": {
          "1br": 1838,
          "2br": 2229,
          "3br": 2543,
          "4br": 3379
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/dripping-springs-tx/",
    "self": "https://data.estaite.com/feeds/dripping-springs-tx.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}