If you've landed on this page it's because you are looking for the Best Austin Neighborhoods for New Grads!
Austin's vibrant entertainment scene, trendy vibe, growing job market, and high quality of life places this city among the highest ranking in economic growth, real estate prospects, and millennial favorability.
Potential home owners everywhere, especially new grads, are trying to get the most for their money! With so many great neighborhoods to choose from in the Austin real estate market that means looking for homes in neighborhoods that will suit your specific needs.
Start your search by browsing our Austin real estate listings, or read more about Austin homes and the variety of sizes, styles and options available.
We based our rankings on a few different factors. Considering we are targeting this blog post to "New Grads" our parameters include:
Walkability of the neighborhood
Average age of residents
Things to do including nightlife
Most of Austin's most well-known and desirable neighborhoods, such as Tarrytown, Westlake, Hyde Park, and Zilker, have price tags well out of the price range for the average buyer. If you're looking at a more centralized location, there are a number of neighborhoods close to downtown Austin with home prices that won't drain your pocket book and will probably fall within that "New Grad" space.
Why don't we start with Downtown Austin! With loads of nightlife, restaurants, shopping, and walkability, Downtown Austin is a pretty natural choice for grad students. You'll only be a few blocks away from the University of Texas and it's fairly easy to jump onto the UT Shuttle, or walk to campus. In the heart of the city you'll find several high-rise apartment complexes if you need to rent. Should you decide to purchase in Downtown Austin, there are a number of funky low-rise condos for sale, if you're looking to qualify for state tuition by claiming residency.
North Loop For A More Neighborhood Feel
Located north of Hyde Park and bounded by North Lamar Boulevard, Koenig Lane, and Airport Boulevard, North Loop is undergoing a young urban evolution. This postwar neighborhood is within striking distance from the University of Texas and is beginning to see an influx of restaurants, shopping, and nightlife, which brings with it more students. North Loop is the right choice for you if you want to be near amenities but don't want to hear loud music all night, like you might in Downtown Austin.
6 years ago, the neighborhood of North Loop was primarily original home owners; in recent years, a younger demographic seems to be drawn to North Loop real estate, and are calling this eclectic neighborhood home.
Perhaps South Congress or Travis Heights Homes For Sale?
South Congress and the surrounding neighborhoods of Bouldin Creek and Travis Heights are among of the most popular choices among new grads. South Congress, or SoCo as its often referred to, is great for those grads who want to live in a neighborhood filled with other young people. The walkability of this neighborhood rates high in our books, as you'll be close to nightlife, restaurants, and shopping.
There are a number of large apartment and condo complexes with amenities, for those who need to rent. If you're looking to purchase real estate search for either a duplex near South Congress or a South Austin condo. A duplex will give you the opportunity to collect rent while decreasing your monthly mortgage payment.
Laid-Back South Lamar
Strip away some of the glamor of nearby SoCo, and you'll find yourself loving the stroll down South Lamar's less trendy streets. South Lamar, better known as SoLo, has grown into a nice pocket 78704 neighborhood. Its low-key lifestyle, cool thrift stores, and cheap eateries make it a perfect place for new grads to settle down.
With rent and home buying prices that are much lower than its SoCo neighbor, real estate in South Lamar is a great compromise for grad students. For those on a shoe-string budget, who are thinking of a future family after graduation, this neighborhood has amazing schools, abundant green space, and has a great walkability rating as its close to all amenities by foot. You'll even enjoy the refreshing blue water, that will provide plenty of relaxation on those hot Austin summer days.
Quirky Southwood Is A Solid Choice
The neighborhood of Southwood, located in South Austin at the intersection of Ben White Boulevard and Manchaca, is a solid choice for New Grads. It's super close to great neighborhoods like Bouldin Creek, Travis Heights, and Zilker but at prices that are a little easier to swallow. Home to an eclectic mix of working-class families, students, young professionals, and retirees, this neighborhood is made up of mostly modest houses built in the 1950s.
Located along the southern border of the uber-cool 78704 zip code, Southwood may be a little less hip, but it's much more affordable. Houses in Southwood are sometimes $100,000 cheaper than comparable homes a few blocks down. For the new grad who'll become the next young professional, this is the perfect opportunity to spend your weekends bringing a 1950s bungalow into the present day.
More and more college seniors are graduating to an improved job outlook each year. Location can play a huge role when these new graduates are ready to launch their careers. In some cases, they've got to be willing to move to a place where they have the best chance of snagging that dream job.
We want Austin, Texas to be the place you choose after you graduate.
Questions About Austin, TX?
As one of the top 10 brokers in the US, we can work with you for an efficient, enjoyable and optimal home purchase or sale in and around Austin, TX. Let us know what your home buying or selling goals are and our team of expert real estate agents can help guide you on your unique journey, and help make those dreams a reality!
Give us a call at (512) 483-6000 or click on the email button below for more information about Berkshire Hathaway HomeServices Texas Realty!