Prices and availability in Austin, TX were last updated on 26 Aug 2026.
The best apartments in Austin, TX are: Le Montreaux Apartments, Spicewood Springs Apartment Homes, Juniper Springs Apartments, The Park at Monterey Oaks and River Stone Ranch.
The average rent in Austin, TX is $1,696.
The price range for a studio apartment in Austin, TX is between $30 and $27,851.
The price range for a 1-bedroom apartment in Austin, TX is between $500 and $22,171.
The price range for a 2-bedroom apartment in Austin, TX is between $600 and $35,567.
The price range for a 3-bedroom apartment in Austin, TX is between $750 and $35,655.
In Austin 57% of the housing is rented out compared to 43% of homes are owned, according to the most recent Census Bureau estimates. 28% of Austin's apartments are found in large buildings of 50 units or more, 57% are located in smaller apartment complexes with less than 50 units, and 14% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Austin are about 22 years old, on average. Of these, 62% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 87% of the rental communities here are low-rise, garden-style communities, 15% are mid-rises, and 4% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Rental apartments in Austin come in a range of sizes and floorplans. Studio apartments represent 4% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 53% of the total apartments in the city, while 2-bedroom floorplans represent around 35% of all rentals in Austin. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
