Apartments for Rent in Austin, TX

Prices and availability in Austin, TX were last updated on 5 May 2026.

The best apartments in Austin, TX are: Monterey Ranch, Altair Tech Ridge, River Stone Ranch, Stonelake at the Arboretum and Spicewood Springs Apartment Homes.

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

The price range for a studio apartment in Austin, TX is between $35 and $8,098.

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 average age of rental buildings in Austin is 22 years old, with 62% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 87% are garden-style apartment communities, 15% are mid-sized buildings, and 4% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

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.