Austin metro in top 10 for areas where homeownership rates are lowest
AUSTIN (KXAN) — A recent study ranked the Austin-Round Rock metro as tenth in the nation for where homeownership rates were the lowest.
SmartAsset, a financial technology company, said it ranked 75 U.S. metro areas based on where homeownership is most and least prevalent. That ranking placed the Austin-Round Rock metro at No. 66 overall.
When compared to 2024, the study found the Austin-Round Rock metro had a change in homeownership of 1.7% by 2025—meaning more people have become homeowners over the year. However, the study showed more than 40% of the overall population still did not own a home.
The rate increase came from the 56% homeownership rate during the first quarter of 2024 compared to the 57.7% homeownership rate during the first quarter of 2025.
According to SmartAsset, the typical home value in 2025 for the Austin-Round Rock metro was $449,181, while the typical home value in 2024 was $467,357.
SmartAsset also provided rankings for other metro areas in Texas.
Houston-The Woodlands-Sugar Land metro
No. 45 in U.S.
- Homeownership rate, Q1 2025: 63.8%
- Homeownership rate, Q1 2024: 63.8%
- Points change in homeownership: 0.0
Dallas-Ft. Worth metro
No. 49 in U.S.
- Homeownership rate, Q1 2025: 63.5%
- Homeownership rate, Q1 2024: 59.6%
- Points change in homeownership: 3.9
San Antonio-New Braunfels metro
No. 61 in U.S.
- Homeownership rate, Q1 2025: 59.1%
- Homeownership rate, Q1 2024: 63.4%
- Points change in homeownership: −4.3
