# New Apartments San Marcos | New Austin Apartment Team > New apartments in San Marcos with net effective, fees, and year two decoded, plus the I-35 drive to Austin. Vacancy 19.9% (Matthews Q2 2026). URL: https://newapartmentsaustin.com/san-marcos/ Area · San Marcos · Hays County # New Apartments in San Marcos, Priced for an I-35 Commute Last updated: October 27, 2026 Prices pulled Oct 25, 2026 at 6:14 AM CT · Travis · Williamson · Hays · Bastrop · Caldwell Buildings near the I-35 frontage put Austin within a commute, while the SH-123 side trades drive time for a different utility setup. - Free to you, and your rent is the same either way - 144 new communities tracked (as of Oct 25, 2026) - Prices pulled every morning Get my San Marcos shortlist [#get-shortlist →](#get-shortlist) How we help here [#what-brings-renters →](#what-brings-renters) ![New apartment buildings along a Central Texas corridor at golden hour (illustrative photo)](/images/misc/wide-angle-golden-hour-view-of-new-limestone-and-g.webp) Illustrative photo. Building photos on the board appear only with permission and credit. ## Area at a glance 19.9% Vacancy Source: Matthews, Q2 2026 2nd Metro rank by vacancy Source: Matthews, Q2 2026 10.8 wks Board median special Source: Board, Oct 25, 2026 Feed Tracked here Source: area.tracked, pulled daily Area counts, "after special, from" prices, and typical specials render from the feed (area.\* tokens), pulled Oct 25, 2026 at 6:14 AM CT. Values shown as "Feed" fill in from the live board. - Licensed Texas brokerage Spirit Real Estate Group, LLC, TREC #562021 - Free to renters Communities pay the brokerage. Your rent is the same either way. - Prices pulled every morning Every card shows the date and time it was pulled - Score can't be bought Commission rates never affect score, sort, placement, or picks Why it goes wrong ## Why New Apartment Searches in San Marcos Go Wrong The local problem ### A lower rent that costs more once I-35 is counted What you see A unit here looks cheaper than a comparable building in Austin, then the daily I-35 drive eats the savings in fuel, time, or SH-130 tolls. Why it happens here Downtown Austin is about 35-50 free-flow minutes away on I-35, and downtown reconstruction runs from 2027 to 2033. Texas State's 47,513 students (fall 2026) also add traffic and campus-calendar leasing nearby. What we do Our near-work search puts the commute cost beside true monthly, so you compare total cost instead of rent alone. Problem 1 ### The commute gets priced at zero A lower rent 35-50 free-flow minutes from downtown Austin can cost more in time and fuel than it saves. Rush hour on I-35 varies a lot. Problem 2 ### Utilities aren't uniform Electric may be Pedernales, Bluebonnet, or another provider depending on the address, each with its own deposit rules. Problem 3 ### High vacancy goes unused At 19.9% vacancy, buildings expect to be asked. Renters who don't ask take the first special offered. So we add the commute beside true monthly, check electric by address, and ask for a lower base where vacancy gives room. Unique to this area ## What brings renters to San Marcos, and how we help here Renters look at San Marcos for two reasons: lower rent with room to ask, and a Hays County address that still works for an Austin commute. At 19.9% vacancy in Q2 2026 (Matthews), the city was second only to Far North Austin. Buildings near the I-35 frontage put the drive to Austin front and center, while the SH-123 corridor trades a few minutes for a different utility setup and, often, a lower true monthly. | Anchor | Free-flow drive | Route | Toll | | --- | --- | --- | --- | | Downtown Austin | About 35-50 min free-flow | I-35 north | No toll on I-35; SH-130 east bypass is tolled | | Kyle and Buda employers | About 10-20 min free-flow | I-35 | No toll on I-35 | | Southeast Austin and the airport | About 30-40 min free-flow | I-35 or SH-130 | SH-130 is a toll road | Approximate free-flow ranges across the area's tracked buildings. I-35 times vary widely by hour; each building card shows its own minutes, route, and toll. ![Highway corridor with new apartment buildings in the Austin metro (illustrative photo)](/images/misc/highway-corridor-with-new-apartment-buildings-and-.webp) Needs we hear here - Lower rent with room to ask - A Hays County address with an Austin commute - A newer unit close to the I-35 frontage - A short drive to Kyle or Buda Local frictions - I-35 commute variance - Utility provider varies by address; confirm with the feed - Specials vary widely across buildings filling at once What we do here 1. 1 Show room to ask at 19.9% vacancy 2. 2 Add the commute cost into true monthly 3. 3 Check the electric provider by address 4. 4 Compare I-35 frontage and SH-123 buildings on true monthly Free to you ## Searches We Run Along the I-35 Corridor Communities pay the brokerage, so every search costs you $0 and your rent is the same either way. The first services listed matter most here. New Apartments Near Work in Austin New buildings matched to your job by free-flow drive time, route, and toll, with the toll added into your true monthly. Most asked for here [/new-apartments-near-work/ →](/new-apartments-near-work/) Austin Apartment Specials at New Builds Specials confirmed within the last 7 days, each decoded to net effective and year two, with base rent shown beside every discount. Most asked for here [/apartment-specials/ →](/apartment-specials/) Lease-Up Apartments in Austin Buildings already open and filling, sorted by stage and fill estimate, with what's finished and what the special does to your monthly cost. Most asked for here [/lease-up-apartments/ →](/lease-up-apartments/) New Construction Apartments in Austin: The New Build Board Every in-scope community on one map, with base rent, the special, net effective, true monthly, and year two pulled every morning. [/new-construction-apartments/ →](/new-construction-apartments/) New Apartments Opening Soon in Austin Pre-leasing communities with opening dates we confirmed within 30 days, matched to the date your current lease ends. [/opening-soon/ →](/opening-soon/) Build-to-Rent Homes in the Austin Metro New detached and townhome rental communities, priced on the same true-monthly basis as every apartment on the board. [/build-to-rent-homes/ →](/build-to-rent-homes/) Income-Restricted New Apartments in Austin New buildings with income-qualified units, labeled on every card, with dated 2026 income limits and voucher rules. [/income-restricted-apartments/ →](/income-restricted-apartments/) New Apartments Near Transit in Austin New buildings by distance to MetroRapid and rail stops, from each building's durable profile. [/new-apartments-near-transit/ →](/new-apartments-near-transit/) Moving to Austin: Renting a New Apartment Before You Arrive A remote shortlist for renters relocating to the metro: five-county overview, electric by area, tolls, and live video walks of the actual unit. [/moving-to-austin/ →](/moving-to-austin/) Every building, decoded ## New buildings in San Marcos Each card renders from the feed with base rent, the special, net effective, true monthly, year two, electric, ISD, and the pull time. Pulled Oct 25, 2026 at 6:14 AM CT. Live cards These cards load from the daily feed We never print a building's price or special as fixed text. Stale prices hide, and unconfirmed specials don't publish. Ask for the current list and we'll send it the same day during hours. Open the New Build Board [/new-construction-apartments/ →](/new-construction-apartments/) Send me the current list [#get-shortlist →](#get-shortlist) ### Room to ask: the leverage block Vacancy here was **19.9%** in Q2 2026 (Matthews), second in the metro only to Far North at 25.0%, and ahead of Northeast (17.0%) and Southeast (16.2%). That's room to ask, and we'll show you every building here with its I-35 drive to Austin. We'd ask for a lower base rent first. A $50 lower base saves $600 a year and carries into year two, because renewals price from base rent. A bigger special with the same base looks better in year one and costs more in year two. Leverage measures room to ask, not area quality. The concierge ## Shortlist, Compare, Tour, Apply, Sign 1. 1 Shortlist We make the calls and confirm unit, special, and written fee sheet. Same day during hours. 2. 2 Compare Net effective, true monthly, and year two side by side, plus our top two picks and the tradeoff. 3. 3 Tour Up to four buildings in one routed afternoon, or a live video walk of the actual unit. 4. 4 Apply We pre-check the income multiple and documents before any application fee. 5. 5 Sign and move in We read the concession, fee, and flood addenda with you, then help start electric and water. **When something goes wrong:** If the special is missing from the ledger, a fee wasn't disclosed, or move-in slips, we take it up with the community in writing and report back. ## Ready to Use 19.9% Vacancy? Free to you, and your rent is the same either way. No application fee until we've pre-checked approval, and nothing to sign with us. Get my shortlist [#get-shortlist →](#get-shortlist) Call or text [tel:+1512000000 →](tel:+1512000000) Local knowledge ## Our New Apartment Knowledge in San Marcos ### Getting around: I-35, SH-123, and SH-130 **I-35** is the main route north to Kyle, Buda, and Austin, with no toll on the main lanes. It's also the most variable commute in the metro: free-flow and rush-hour times can differ a lot, and I-35 downtown work from 2027 to 2033 can add time at the Austin end. **SH-123** runs south and east from town, and **SH-130** offers a tolled east bypass around Austin traffic. If you'll commute to Austin daily [/new-apartments-near-work/ →](/new-apartments-near-work/) , we show free-flow minutes plus an estimate for your start time, and we price the SH-130 toll if that route saves you time. Time has a cost too; we'd weigh a lower true monthly against the extra minutes rather than looking at rent alone. ### What the new buildings here look like New construction here includes garden-style and wrap buildings along the I-35 frontage and along SH-123, with some townhome-style communities toward the Kyle and Buda edge. Many are in lease-up [/lease-up-apartments/ →](/lease-up-apartments/) at once, which helps explain the 19.9% vacancy and the range of specials [/apartment-specials/ →](/apartment-specials/) . Utilities vary here. Depending on the address, electric may come from Pedernales Electric Cooperative, Bluebonnet Electric Cooperative, or the city, and water may be billed by the property. We confirm the provider for each address with the feed and we'll help you set it up before move-in. A 12-month letter of credit from your current utility can waive the PEC deposit (up to $150). How we help ## Why Hays County Renters Use Us - Room to ask at 19.9% vacancy, with asks focused on base rent - Commute cost and time added beside true monthly - Electric provider checked for every address - I-35 frontage and SH-123 buildings compared on the same basis - Unit, special, and written fee sheet confirmed the same day during hours ## Market context for Hays County Metro effective rent was **$1,316** in Q2 2026 (Northmarq), and asking rent was **$1,508** in May 2026 (Yardi). Metro deliveries fall from about 13,000-14,900 in 2026 to about 7,000 in 2027 (Austin Apartment Association; Northmarq), so the number of lease-ups competing here may change over the next year. We don't predict prices; we show today's dated numbers. ## What we cover in Hays County We cover new apartments in the Austin metro [/ →](/) along the **I-35 corridor**, the **SH-123 corridor**, and out to the **Kyle and Buda edge** in Hays County. San Marcos CISD serves many addresses here; we list the district by address as a fact. Every building on the board is ground-up new construction with first move-ins from 2024 to 2027. I-35 corridorSH-123 corridorKyle and Buda edge ZIP codes we cover: 78666 Electric Pedernales or Bluebonnet by address; confirm with the feed School district (fact) San Marcos CISD (by address) Vacancy 19.9% (Matthews Q2 2026) Jurisdiction City of San Marcos / Hays County ### Landmarks and routes - Texas State University - Hays County Courthouse square - I-35 frontage corridor I-35 runs north to Kyle, Buda, and Austin with no toll on the main lanes. SH-123 runs south and east, and SH-130 is a tolled east bypass. Map shows the general area. Building addresses and drive times are on each card. New builds by area ## Where the new buildings are, and what they cost after the special Counts, typical special, and 'from' prices render from the feed with each row's pull date. Areas with fewer than 3 new builds aren't listed. Five-county map Click a point or a row to cross-highlight. Vacancy: Matthews Q2 2026. Electric: address and property checks, Oct 25, 2026. | Area | Tracked | Typical special | Vacancy (Q2 2026) | ISD | Electric | | --- | --- | --- | --- | --- | --- | | Far North Austin | From feed | From feed | 25.0% | Pflugerville ISD / Round Rock ISD | Austin Energy | | Northeast Austin | From feed | From feed | 17.0% | Pflugerville ISD / Manor ISD | Austin Energy, Oncor (plan choice) by address | | Far East Austin | From feed | From feed | Metro figure | Manor ISD | Austin Energy (no plan choice) | | Southeast Austin | From feed | From feed | 16.2% | Del Valle ISD / Austin ISD | Austin Energy | | San Marcos | From feed | From feed | 19.9% | San Marcos CISD | PEC or Bluebonnet by address | Tracked count, market-rate studio/1BR "after special, from" price, typical special, and 2026 first move-ins render from the feed (area.\* tokens) with the pull date on each row. ISD is a fact, not a rating. 12 more area pages are in progress. Straight answers ## San Marcos New Apartment FAQs Direct answer first, then the source and date. If your question isn't here, ask us on the form or by text. ### Do you cover San Marcos and the rest of Hays County? Yes. We track new builds in all five metro counties, including Hays, where Matthews put vacancy in the city at 19.9% in Q2 2026. Every building card shows its I-35 drive to Austin. ### How long is the drive from San Marcos to Austin? About 35-50 free-flow minutes to downtown via I-35, depending on the building. Rush hour adds a lot, so we estimate your actual start time too. ### Who provides electric at new buildings here? It depends on the address. The city runs its own electric utility, and Pedernales and Bluebonnet cooperatives serve other parts of the area. A 12-month letter of credit can waive the PEC deposit (up to $150). ### Are new buildings near Texas State leased like student housing? Some are and some aren't. Texas State counted 47,513 students on its fall 2026 census day, so we confirm whether a building leases by the unit or by the bed before you tour. ### Is rent lower here than in Austin? Often, but compare true monthly plus the commute. We put both side by side so a lower rent doesn't hide a higher total cost. ### Will I-35 construction affect an Austin commute? It can. Reconstruction through downtown Austin runs from 2027 to 2033 and may change which route is fastest during your lease. We flag it on any shortlist with a downtown commute and price the SH-130 toll alternative. ### What can't you guarantee in Hays County? Price and approval, which the community sets. We get both, along with the special, in writing before you sign. Neighboring areas ## Compare San Marcos with nearby areas Vacancy 16.2% · Matthews Q2 2026 ### New apartments in Southeast Austin Riverside's newer mid-rises sit close to downtown, while the Del Valle and Onion Creek side is closer to Giga Texas and the airport. Open Southeast Austin → [New apartments in Southeast Austin →](/southeast-austin/) The 60-second form ## Get the San Marcos shortlist You don't have time to call 20 leasing offices. We do, and confirm the unit, the special, and the written fee sheet the same day during hours. 1. 1 Same day We call or text during hours with a shortlist plan. 2. 2 In writing Unit, special, end date, and fee sheet confirmed before you tour. 3. 3 Year two shown Every pick shows year two at 0% and +3%, plus a 24-month total. Prefer to talk? Call or text 512-000-000 [tel:+1512000000 →](tel:+1512000000) , Mon-Fri 8 AM-8 PM · Sat 9 AM-6 PM · Sun 12-5 PM. Free, same day during hours ## Get my shortlist Step 1 of 3 ### Thanks, we have your details. We'll call or text the same day during hours with your shortlist plan. Guides ## Guides for renting in this area ![Aerial view of new apartment buildings along a Central Texas highway corridor](/images/featured/aerial-view-of-new-apartment-buildings-along-a-cen.webp) Explainer ### Where New-Build Vacancy Is Highest in the Austin Metro Far North 25.0%, San Marcos 19.9%, Northeast 17.0%, Southeast 16.2% (Matthews Q2 2026). What vacancy means for room to ask on a new apartment. Read the guide → [Where New-Build Vacancy Is Highest in the Austin Metro →](/guides/austin-new-build-vacancy-by-submarket/) ![Austin highway interchange at golden hour with new apartment buildings in the distance](/images/featured/austin-highway-interchange-at-golden-hour-with-new.webp) Decision guide ### How to Choose a New Apartment by Commute Drive vs. transit, tolls added to true monthly, and I-35 downtown work from 2027 to 2033: a commute decision flow for new Austin apartments. Read the guide → [How to Choose a New Apartment by Commute →](/guides/choose-apartment-by-commute/) Related pages ## Keep comparing Area ### Southeast Austin Riverside's newer mid-rises sit close to downtown, while the Del Valle and Onion Creek side is closer to Giga Texas and the airport. Open Southeast Austin→ [/southeast-austin/ →](/southeast-austin/) Board view ### Moving to Austin A remote shortlist for renters relocating to the metro: five-county overview, electric by area, tolls, and live video walks of the actual unit. Open Moving to Austin→ [/moving-to-austin/ →](/moving-to-austin/) Board view ### Near Work New buildings matched to your job by free-flow drive time, route, and toll, with the toll added into your true monthly. Open Near Work→ [/new-apartments-near-work/ →](/new-apartments-near-work/) ![](/images/misc/dusk-view-of-new-limestone-and-glass-apartment-tow.webp) Free to you, and your rent is the same either way ## Get Your San Marcos Shortlist Send us your move date and all-in budget. We confirm the unit, the special, and the written fee sheet the same day during hours, then show you year two before you tour. Get my shortlist → [/contact/ →](/contact/) See the New Build Board [/new-construction-apartments/ →](/new-construction-apartments/) Call or text 512-000-000 [tel:+1512000000 →](tel:+1512000000) We don't guarantee pricing or approval. The community sets both, and we confirm them before you sign.