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2 Bedroom Apartments for Rent in Austin, TX - 1,523 Rentals available

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Austin’s average rent reached $1,378 in December

Austin’s average rent reached $1,378 in December after a 4.2% 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 $1,462.[View Full Report]

Austin apartment rent report

Austin’s average rent reached $1,378 in December

Austin’s average rent reached $1,378 in December after a 4.2% 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 $1,462.

The average rent for an apartment in Austin decreased compared to Cedar Park ($1,312), where prices saw no change since last year, and Round Rock where they went up by 1% ($1,210).

Austin apartment rent report

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 $1,440 after an annual decrease of 0.4%. 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 $1,176, seeing no change 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 $1,440 per month. Leander’s $1,400 rate is the second most expensive, while apartments in Georgetown ($1,377) 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 $1,176, followed by Round Rock rentals, going for $1,210 per month. Pflugerville apartments are the third least pricey on the list, with a $1,234 monthly average as of December.

Austin apartment rent report

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 2 bedroom apartments near me

Are you ready to find the apartment that feels like home? Look through all the available listings on RENTCafé to find the apartment that best suits your needs. Searching for a 2 bedroom apartment near you, or anywhere in the U.S.? You can now compare the size, price and location of any of the apartments listed, until you find the one that does it. Choose the location you want, near the stores, parks or people that are dear to you. Somewhere out there is the right apartment for you.

So, start looking for 2 bedroom apartments near you, in your favorite neighborhood, ZIP code, or anywhere in the U.S. that you plan on moving to, and let us guide you to your next home!

Frequently Asked Questions

What is the price of a 2 bedroom apartment in Austin, TX?

The price range of a 2 bedroom apartment is between $909 and $11,824. Search 2 bedroom apartments in Austin, TX.

How many 2 bedroom apartments for rent are available in Austin, TX on RENTCafé?

There are 1428 2 bedroom rentals available on RENTCafé. Prices and availability in Austin, TX were last updated on 17 Jan 2021.

What is the average size of a 2 bedroom apartment in Austin, TX?

The average Austin, TX 2 bedroom apartment size is 1,021 sq. ft.

What are the advantages of renting a 2 bedroom apartment in Austin, TX?

2 bedroom apartments offer more space compared to 1 bedroom or studio apartments. They are more suitable for 2 persons.

What are the downsides of renting a 2 bedroom apartment in Austin, TX?

A 2 bedroom apartment is usually slightly more expensive than a 1 bedroom apartment. You might be interested in studio apartments, 1 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Austin, TX.

Austin, TX Demographics

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

Average Rent in Austin, TX

  • Austin, TX Average Rental Price, October 2020 $1,385 /mo

Austin, TX Apartment Rent Ranges

  • $701-$1,00018%
  • $1,001-$1,50056%
  • $1,501-$2,00018%
  • > $2,0008%

Austin, TX Rent Trends

Average Rent Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Oct / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Oct / 2020
Austin, TX $1,308 $1,299 $1,338 $1,368 $1,370 $1,427 $1,442 $1,442 $1,445 $1,410 $1,385
National $1,377 $1,380 $1,417 $1,426 $1,430 $1,466 $1,466 $1,473 $1,474 $1,461 $1,464
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Check out the average rent prices in Austin by neighborhood.

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 2 Bedroom Apartment

    The Bowie $1,566 - $12,419

  • Cheapest 2 Bedroom Apartment

    Westdale Pointe $726 - $961

Renting a 2-bedroom apartment in Austin, TX

A spacious 2-bedroom apartment is a great investment, whether you want to share your apartment with someone else or just turn the other room, say, into a personal office. Located in one of the 278 Austin, TX properties, you currently have about 1,523 2-bedroom apartment rentals to choose from. It’s useful to know that the average size for these units is 960 Sq.Ft. and they rent for about $1,700. The good news is that these apartments come in all shapes and sizes, so you can be sure that there is something for every taste. With so many apartments to choose from, you might be wondering where to start. RENTCafé allows you to filter the results, so you can limit your search to the apartments that fit your criteria. This way, you can filter out the apartments that don’t fit your budget or location preferences and you’ll snatch your perfect home even quicker.

Cheap two-bedroom apartments that won’t burn a hole in your wallet

Use the price, amenities and location filters to find the right apartment for you. In order to make the search easier, we’ll give you a few tips, so you know what to expect. Location is key when renting, so it makes sense that the monthly rent for properties which are close to public transportation, dining and entertainment is higher. Rent prices for 2-bedroom apartments can rise to $3,251, especially if good location comes hand in hand with a modern, well-maintained building, that offers already furnished units. If you are looking for something more affordable, you needn’t fret. There are many cheap 2-bedroom apartments for you to choose from that won’t hurt your wallet. So, if you find an apartment that fits your criteria, don’t let it slip. Contact the property to check its availability, and you can secure your lease directly on RENTCafé.

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