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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

Last updated July 2023
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

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Austin, TX By Neighborhood

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
/
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

Neighborhood
vs.

Rent in Agave is 5% higher than in Allandale

$1,699

Agave rent is 6% lower than Austin average

Average Rent $1,699
$1,613

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

a living room with gray couches and a red accent wall
Today

Collective On Riverside

1515 Wickersham Lane, Austin, TX 78741
Available
1 BED $1,549
2 BEDS $1,593+
3+ BEDS $2,113
a kitchen with white cabinets and stainless steel appliances
Today

River Stone Ranch

5701 South Mo Pac Expressway, Austin, TX 78749
Available
1 BED $1,125+
2 BEDS $1,590+
Kitchen with stainless steel appliances | Sedona Springs
Today

Sedona Springs

4201 Monterey Oaks, Austin, TX 78749
Available
1 BED $1,130+
2 BEDS $1,755+
3 BEDS $1,750+
Dining room at The Element Austin, Texas, 78741
1 day ago

Element Austin

1500 Royal Crest Drive, Austin, TX 78741
Available
Studio $1,242
1 BED $1,244+
2 BEDS $1,650+
Homes include a balcony or patio |Madison Arboretum
1 day ago

Madison At The Arboretum

10307 Morado Cove, Austin, TX 78759
Available
1 BED $1,325+
2 BEDS $1,615+
Living room | High Oaks
1 day ago

High Oaks

11028 Jollyville Road, Austin, TX 78759
Available
1 BED $1,035+
2 BEDS $1,325+
Photo1 at Solaris, Austin, TX, 78741
1 day ago

Solaris

1601 Royal Crest Drive, Austin, TX 78741
Available
Studio $1,179
1 BED $1,174+
2+ BEDS Ask for Pricing
a pool area with lounge chairs and tables and a building in the background
1 day ago

AVE Austin North Lamar

7400 North Lamar Blvd, Austin, TX 78752
Available
Studio $1,686
1 BED $1,821
2+ BEDS Ask for Pricing
Museo homes offer Hill Country canyon views |Museo
Today

Museo

11266 Taylor Draper Lane, Austin, TX 78759
Available
1 BED $1,220+
2 BEDS $1,470+
Pool and hot tub with lounge seating
Today

Evolve @ Arboretum

9500 Jollyville Road, Austin, TX 78759
Available
1 BED $999
2 BEDS $1,599
Clubhouse lounge | Monterey Ranch
Today

Monterey Ranch

4701 Staggerbrush Road, Austin, TX 78749
Available
Studio $1,110+
1 BED $1,180+
2+ BEDS $1,185+
Bedroom  | Canyon Creek
1 day ago

Canyon Creek

11316 Jollyville Road, Austin, TX 78759
Available
1 BED $995+
2 BEDS $1,245+
a living room with a couch and a table
Today

Juniper Springs Apartments

3500 Greystone Drive, Austin, TX 78731
7 Units available
1 BED $1,374+
2 BEDS $1,801+
3 BEDS $2,067+
Picnic area | Village Oaks
1 day ago

Village Oaks

10926 Jollyville Road, Austin, TX 78759
Available
1 BED $1,020+
2 BEDS $1,225+
Luxury apartments  at Le Montreaux Apartments, Austin, Texas
Today

Le Montreaux Apartments

3605 Steck Ave., Austin, TX 78759
19 Units available
1 BED $1,326+
2 BEDS $1,425+
3+ BEDS $2,262+
Welcome Home to Northland at the Arboretum |Northland at the Arboretum
1 day ago

Northland At The Arboretum

11500 Jollyville Road, Austin, TX 78759
Available
1 BED $1,225+
2 BEDS $1,335+
3 BEDS Ask for Pricing
Austin apartments with disability access
1 day ago

Channings Mark

11282 Taylor Draper Lane, Austin, TX 78759
Available
1 BED $1,310+
2 BEDS $1,335+
Community pool  | Great Hills
1 day ago

Great Hills

10610 Morado Circle, Austin, TX 78759
Available
1 BED $1,050+
2 BEDS $1,475+
a kitchen with white cabinets and stainless steel appliances
Today

Stonelake At The Arboretum

9801 Stonelake Blvd., Austin, TX 78759
Available
1 BED $1,180+
2 BEDS $1,405+
Bedroom | Park at Monterey Oaks
1 day ago

The Park At Monterey Oaks

4701 Monterey Oaks Blvd., Austin, TX 78749
Available
1 BED $1,350+
2 BEDS $1,740+
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