Apartments for Rent in Austin, TX

Prices and availability in Austin, TX were last updated on 6 May 2026.

The best apartments in Austin, TX are: Monterey Ranch, Evolve @ Arboretum, Village Oaks, Canyon Creek and Northland at the Arboretum.

The average rent in Austin, TX is $1,696.

The price range for a studio apartment in Austin, TX is between $35 and $7,995.

The price range for a 1-bedroom apartment in Austin, TX is between $540 and $14,641.

The price range for a 2-bedroom apartment in Austin, TX is between $100 and $28,259.

The price range for a 3-bedroom apartment in Austin, TX is between $100 and $25,382.

In Austin, 56% of the residents are renting compared to 44% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 26% of Austin's rentals, 58% 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.