The best apartments in Austin, TX are: The Park at Monterey Oaks, Northland at the Arboretum, River Stone Ranch, Juniper Springs Apartments and The Olivine.
The average rent in Austin, TX is $1,696.
The price range for a studio apartment in Austin, TX is between $30 and $6,619.
The price range for a 1-bedroom apartment in Austin, TX is between $500 and $12,874.
The price range for a 2-bedroom apartment in Austin, TX is between $600 and $21,728.
The price range for a 3-bedroom apartment in Austin, TX is between $620 and $36,458.
In Austin, 57% of the residents are renting compared to 43% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 28% of Austin's rentals, 57% are small-scale complexes with under 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.
Studio apartments in Austin are around 4% of rentals, while 1-bedroom floor plans represent 53% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 35% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
