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
|University of Texas at Austin||$2,962|
|Old West Austin||$2,702|
|Tarrytown West Austin||$2,676|
|Central East Austin||$2,383|
|East Cesar Chavez||$2,383|
|Bee Cave Woods||$2,073|
|Upper Boggy Creek||$1,776|
|North Civic Association||$1,731|
|Martin Luther King||$1,728|
|Pecan Springs Springdale||$1,726|
|The Oak at Twin Creeks||$1,637|
|North Shoal Creek||$1,627|
|East Riverside - Oltorf||$1,620|
|Anderson Mill - Jollyville||$1,593|
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?
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
Allandale rent is 11% lower than Austin average
How Austin Compares to Other Cities
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.