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1 Bedroom Apartments for Rent in Austin, TX - 2,447 Rentals available


Austin’s average rent reached $1,385 in October

Austin’s average rent reached $1,385 in October, after a 4.0% decrease since last year. A major U.S. business hub and a renter-majority city (55%), Austin is a diverse and vibrant place to live in. Still, its apartment rents remain below the national average of $1,464.  [View Full Report]

Austin apartment rent report

Austin’s average rent was $1,385 in October

Austin’s average rent reached $1,385 in October, after a 4.0% decrease since last year. A major U.S. business hub and a renter-majority city (55%), Austin is a diverse and vibrant place to live in. Still, its apartment rents remain below the national average of $1,464.

Austin’s rent compared to other surrounding cities

The average rent for an apartment in Austin decreased compared to Cedar Park ($1,318), where prices went up by 1.1% since last year, and Round Rock where they went up by 1.4% ($1,213).

What it costs to rent in the largest renter hubs in the Austin area

The city with the largest renter share is San Marcos (72%), with an average rent of $1,443 after an annual decrease of 0.6%. Second is Austin with 55%, followed by Round Rock with 39% renter households. Cedar Park has the fourth largest share of renters (32%), while in Kyle, where 29% of homes are renter households, the average rent is $1,175, going down by 0.3% in the past year.

The priciest and cheapest cities for renters in the Austin area

Despite the dip in rates, San Marcos is the priciest city for renters in the Austin area, with apartments renting for $1,443 per month. Leander’s $1,408 rate is the second most expensive, while apartments in Austin ($1,385) come in third.

For renters in search of budget-friendly apartments, Kyle rentals are the cheapest in the Austin area, with an average price of $1,175, followed by Round Rock rentals, going for $1,213 per month. Pflugerville apartments are the third least pricey on the list, with an $1,235 monthly average as of October.

Methodology

RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States. 

The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.

Look for 1 bedroom apartments near me

Looking for that perfect apartment that's just the right size for you and maybe you and someone else? You can now look at 1 bedroom apartment listings on RENTCafé in your area to find the one that meets your needs in terms of price and location. Whether you are looking for a 1 bedroom apartment near you, or anywhere in the U.S., we can help you find a home you'll love. Filter apartments by type, size, price, and amenities, check property reviews, and save your favorites.

Search for 1 bedroom apartments near you, whether it's in your neighborhood, or ZIP code, or any city in any state you plan to move to in the U.S. Somewhere out there is the perfect apartment for you. Let us help you find your next home!

Austin, TX Demographics

  • Total Population935,755
  • Female 474,247
    Male 461,508
  • Median Age33

Average Rent in Austin, TX

  • Austin, TX Average Rental Price, February 2020 $1,439 /mo

Austin, TX Apartment Rent Ranges

  • $701-$1,00015%
  • $1,001-$1,50053%
  • $1,501-$2,00021%
  • > $2,00010%

Austin, TX Rent Trends

Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Feb / 2020
Austin, TX $1,303 $1,283 $1,306 $1,308 $1,299 $1,338 $1,368 $1,370 $1,427 $1,442 $1,439
National $1,340 $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
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Austin, TX Households

  • Total Number of Households370,043
  • Family 192,369
    Non-family 177,674
  • Children 100,870
    No Children 269,173
  • Average People Per Household2.47
  • Median Household Income$67,462
  • Median Housing Costs Per Month$1,340

Austin, TX Education Statistics

  • No High School5%
  • Some High School23%
  • Some College20%
  • Associate Degree5%
  • Bachelor Degree30%
  • Graduate Degree17%
  • Most Expensive 1 Bedroom Apartment

    The Bowie $1,802 - $12,632
  • Cheapest 1 Bedroom Apartment

    Windy Ridge $453 - $1,383

Renting a 1 bedroom apartment in Austin, TX

One bedroom apartments in Austin, TX are typically 924 Sq.Ft. in size and the monthly rent is $1,289, on average. With 2,447 apartments listed for rent, it’s best to narrow down your choices before you begin your search. If you’re only interested in cheap one bedroom apartments, you can filter your search results by setting a maximum price. If you’re looking for a one bedroom furnished apartment, you can check the box "furnished" under amenities. There are many other options and filters you can apply to your search to streamline the process and find your next apartment faster and more efficient. Is a luxury rental more your style? If you sort your search results by rent descending, you will notice that the most expensive rental in Austin, TX right now costs $2,851 per month. So many choices, so little time.

Your search for a cheap 1 bedroom apartment ends here

The city of Austin, TX is a great place to call home. Among its many great qualities, it has a variety of rental housing options. One of the most popular choices for Austin, TX's singles and couples are single bedroom apartments. They’re an upgrade from a studio in the sense that they offer more square footage, a separate bedroom, and more room to entertain. They’re also typically more expensive. But with a little diligence and some smart search tools, you can get around that problem. To find an affordable 1 bedroom, sort your search by price, ascending. The lowest priced apartment in Austin, TX right now has an asking rent of $799. One bedroom efficiency apartments are a great choice as well. Though they may be smaller than a traditional one bedroom apartment, they’re definitely cheaper and you’ll still be able to enjoy the privacy of a separate bedroom.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!