Austin, TX Rental Market Trends
What is the average rent in Austin?
The average rent for an apartment in Austin is $1,806. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Austin, TX
| Average Rent | Average Apartment Size |
|---|---|
| $1,806 | 863 sq. ft. |
What is the average apartment size in Austin?
The average size for a Austin, TX apartment is 863 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Austin, TX apartment rent ranges
Austin, TX Occupied Housing Units
223,564 or 55% of the households in Austin, TX are renter-occupied while 180,557 or 45% are owner-occupied.
Austin, TX rent trends
Average Rent in Austin, TX By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Downtown Austin | $3,432 |
| University of Texas at Austin | $2,962 |
| North University | $2,708 |
| West University | $2,708 |
| Old West Austin | $2,702 |
| Clarksville | $2,676 |
| Tarrytown West Austin | $2,676 |
| Hancock | $2,436 |
| The Triangle | $2,436 |
| Central East Austin | $2,383 |
| Chestnut | $2,383 |
| East Cesar Chavez | $2,383 |
| Govalle | $2,383 |
| Holly | $2,383 |
| Rosewood | $2,315 |
| Bee Cave Woods | $2,073 |
| Rob Roy | $2,073 |
| Stratford Hills | $2,073 |
| Westlake | $2,073 |
| Barton Hills | $1,995 |
| Bouldin Creek | $1,978 |
| Dawson | $1,978 |
| Galindo | $1,978 |
| SoCo | $1,978 |
| South Lamar | $1,978 |
| Travis Heights | $1,978 |
| Zilker | $1,978 |
| Apache Shores | $1,956 |
| Steiner Ranch | $1,949 |
| Balcones Park | $1,906 |
| Cedar Valley | $1,876 |
| Oak Hill | $1,855 |
| Circle C | $1,831 |
| River Place | $1,825 |
| South Congress | $1,815 |
| Hyde Park | $1,804 |
| North Loop | $1,804 |
| Upper Boggy Creek | $1,776 |
| Johnston Terrace | $1,765 |
| Avery Ranch | $1,733 |
| North Burnet | $1,731 |
| North Civic Association | $1,731 |
| Mueller | $1,730 |
| Martin Luther King | $1,728 |
| Greenshores | $1,726 |
| Long Canyon | $1,726 |
| Pecan Springs Springdale | $1,726 |
| River Pointe | $1,726 |
| University Hills | $1,726 |
| Windsor Park | $1,726 |
| Angus Valley | $1,717 |
| Milwood | $1,717 |
| Scofield Farms | $1,717 |
| Agave | $1,699 |
| Colony Park | $1,699 |
| North Point | $1,699 |
| The Woodlands | $1,699 |
| Walnut Crossing | $1,693 |
| Canyon Creek | $1,684 |
| Grandview Hills | $1,684 |
| Bauerle Ranch | $1,680 |
| Bluebell Ridge | $1,679 |
| Bradshaw Crossing | $1,679 |
| Brentwood | $1,667 |
| Tanglewood Oaks | $1,652 |
| Gracywoods | $1,642 |
| River Oaks | $1,642 |
| Jester Estates | $1,638 |
| Olympic Heights | $1,637 |
| The Oak at Twin Creeks | $1,637 |
| Harris Branch | $1,633 |
| Pioneer Crossing | $1,633 |
| Promontory Point | $1,633 |
| Northwood | $1,632 |
| North Shoal Creek | $1,627 |
| Wooten | $1,627 |
| Buckingham Estates | $1,625 |
| Balcones Woods | $1,625 |
| Gateway | $1,625 |
| Great Hills | $1,625 |
| Mesa Park | $1,625 |
| East Riverside - Oltorf | $1,620 |
| Montopolis | $1,620 |
| Garrison Park | $1,616 |
| South Manchaca | $1,616 |
| Westgate | $1,616 |
| Allandale | $1,613 |
| Cat Mountain | $1,609 |
| Northwest Hills | $1,609 |
| Rosedale | $1,609 |
| Anderson Mill - Jollyville | $1,593 |
| McKinney Heights | $1,570 |
| Onion Creek | $1,570 |
| The Courtyard | $1,566 |
| Copperfield | $1,552 |
| Crestview | $1,539 |
| Bluff Springs | $1,525 |
| Colorado Crossing | $1,525 |
| Franklin Park | $1,525 |
| McKinney | $1,525 |
| Pilot Knob | $1,525 |
| Georgian Acres | $1,515 |
| Harris Ridge | $1,515 |
| Heritage Hills | $1,515 |
| North Lamar | $1,515 |
| Windsor Hills | $1,515 |
| Coronado Hills | $1,507 |
| Highland | $1,507 |
| St Johns | $1,507 |
What are the most affordable neighborhoods in Austin?
The most affordable neighborhoods in Austin are Coronado Hills, where the average rent goes for $1,507/month, Highland, where renters pay $1,507/mo on average, and St Johns, where the average rent goes for $1,507/mo. If you’re looking for other great deals, check out the listings from Georgian Acres ($1,515), Harris Ridge ($1,515), and Heritage Hills ($1,515), where the asking prices are below the average Austin rent of $1,806/mo.
What are the most expensive neighborhoods in Austin?
The most expensive neighborhoods in Austin are West University ($2,708), University of Texas at Austin ($2,962) and Downtown Austin ($3,432).
What are the most popular neighborhoods in Austin?
The most popular neighborhood in Austin is East Riverside - Oltorf, where there are 27 listings with an average rent of $1,620. Next up is Anderson Mill - Jollyville, where apartments go for $1,593/month, followed by Oak Hill with $1,855 If you’re looking to rent in Austin’s most popular neighborhoods, make sure to also check out Downtown Austin, where renters pay $3,432 on average, and Northwest Hills, where the average monthly rent is $1,609.
Austin | Rent Comparison by Neighborhood
Rent in Agave is 5% higher than in Allandale
Agave rent is 6% lower than Austin average
| Average Rent | $1,699 |
|---|
Allandale rent is 11% lower than Austin average
| Average Rent | $1,613 |
|---|
How Austin Compares to Other Cities
| City | Average Rent |
|---|---|
| Houston | $1,342 |
| Austin | $1,806 |
| Dallas | $1,592 |
| San Antonio | $1,304 |
| Fort Worth | $1,455 |
| Irving | $1,545 |
| Temple | $1,128 |
| Plano | $1,803 |
| Arlington | $1,356 |
| Conroe | $1,377 |
| Spring | $1,557 |
| Killeen | $1,026 |
| New Braunfels | $1,488 |
| Pflugerville | $1,664 |
| Round Rock | $1,583 |
| Georgetown | $1,737 |
| San Marcos | $1,712 |
| Cedar Park | $1,665 |
| Kyle | $1,623 |
| Hutto | $1,817 |
| Leander | $1,669 |
What is the average price for a storage unit in Austin?
The average rent for a non-climate-controlled 10'x10' storage unit in Austin is $160.74. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Austin
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Collective On Riverside
1515 Wickersham Lane, Austin, TX 78741| 1 BED | $1,549 |
| 2 BEDS | $1,593+ |
| 3+ BEDS | $2,113 |
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Solaris
1601 Royal Crest Drive, Austin, TX 78741| Studio | $1,179 |
| 1 BED | $1,174+ |
| 2+ BEDS | Ask for Pricing |
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AVE Austin North Lamar
7400 North Lamar Blvd, Austin, TX 78752| Studio | $1,686 |
| 1 BED | $1,821 |
| 2+ BEDS | Ask for Pricing |
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Monterey Ranch
4701 Staggerbrush Road, Austin, TX 78749| Studio | $1,110+ |
| 1 BED | $1,180+ |
| 2+ BEDS | $1,185+ |
Juniper Springs Apartments
3500 Greystone Drive, Austin, TX 78731| 1 BED | $1,374+ |
| 2 BEDS | $1,801+ |
| 3 BEDS | $2,067+ |
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Le Montreaux Apartments
3605 Steck Ave., Austin, TX 78759| 1 BED | $1,326+ |
| 2 BEDS | $1,425+ |
| 3+ BEDS | $2,262+ |
Northland At The Arboretum
11500 Jollyville Road, Austin, TX 78759| 1 BED | $1,225+ |
| 2 BEDS | $1,335+ |
| 3 BEDS | Ask for Pricing |
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