Management company

Hines

3 apartment communities in Austin, across Southeast, Georgetown, West. Starting rents run $1,175 to $1,290 at our last check.

3
Communities here
$1,200
Median starting rent
3
Running a special
16
Rent cuts banked

Their Austin portfolio, cheapest first

Every price here is the lowest advertised rent in our latest update, with the date we updated it.

CommunityAreaClassBuiltFromSpecial
The ElinaSoutheastA2024$1,17510 Weeks Free + $2,500 Look and Lease on Select Floorplans
Varenna LakesideGeorgetownA2023$1,20050% Off for 6 Months Plus Newly Reduced Rates.
Lavella (formerly West Lake Vistas)WestA-2008$1,2901 Month Free | 4 Weeks Free

What their rents have done

The banked ledger for the communities in this portfolio we hold a series for. Each chart is a step, not a slope: the rent held at each level until the day we saw it change.

The Elina

Southeast

4 changes across 39 checks since Aug 22. Down $1 over that stretch, not counting the record change on Sep 13. Solid is the advertised rent before the special; dashed is the net effective rent on a 12-month lease.

Varenna Lakeside

Georgetown

12 changes across 42 checks since Aug 22. Down $69 over that stretch. Advertised rent, before any special.

Lavella (formerly West Lake Vistas)

West

18 changes across 43 checks since Aug 22. Down $109 over that stretch, not counting the record change on Aug 31. Solid is the advertised rent before the special; dashed is the net effective rent on a 12-month lease.

Questions about renting from Hines

How many Austin apartments does Hines manage?

3 of the communities we track, across Southeast, Georgetown, West. We have a current asking rent for 3 of them.

Is Hines running any specials right now?

3 of their 3 communities advertised a special at our last check. The list below names which, and what the offer is.

Has Hines been raising or cutting rent?

Across their portfolio we have banked 16 cuts and 7 rises since we started watching. We recorded the price before and after every one of them, so none is a projection.

Do you rate management companies?

No. This page carries what we measure. What a company is like to rent from is a judgment, and we would rather tell you on the phone than dress an opinion up as data.

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