Apartments for Rent in Austin, TX

Prices and availability in Austin, TX were last updated on 3 Jul 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 $35 and $18,532.

The price range for a 1-bedroom apartment in Austin, TX is between $26 and $21,543.

The price range for a 2-bedroom apartment in Austin, TX is between $100 and $25,931.

The price range for a 3-bedroom apartment in Austin, TX is between $100 and $34,443.

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.

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.