Austin, TX Rental Market Trends

Highlights

The average rent for an apartment in Austin is $1,297, a 1% decrease compared to the previous year, when the average rent was $1,305.

Studio apartments in Austin rent for $1,034 a month, while 1-bedroom apartments ask on average $1,130 a month; the average rent for a 2-bedroom apartment is $1,434.

Average Rent in Austin, TX

Last updated Jan 2019

	All rentals	Studio	1 Bed	2 Beds	3 Beds
Average Rent	$1,297	$1,034	$1,130	$1,434	$1,842
Y-o-Y Change	-1%	n/a	n/a	-1%	n/a
Average Apartment Size	885 sq. ft.	485 sq. ft.	720 sq. ft.	1,057 sq. ft.	1,368 sq. ft.

The average size for a Austin apartment is 885 square feet, but this number varies greatly depending on apartment type. A studio averages 485 sq. ft., while a one-bedroom apartment offers a more generous square footage: 720. 2-bedroom apartments in Austin have an average size of 1,057 sq. ft.

Austin, TX Apartment Rent Ranges

< $5001%
$501-$70016%
$701-$1,00039%
$1,001-$1,50034%
$1,501-$2,0009%
> $2,0001%

Austin, TX Rent Trends

Average Rent All rentals		Studio	1 Bed	2 Beds	3 Beds
Jan / 2019	$1,297	$1,034	$1,130	$1,434	$1,842
Jan / 2018	$1,294	$1,036	$1,128	$1,431	$1,844
Sept / 2017	$1,303	$1,034	$1,139	$1,437	$1,851
May / 2017	$1,305	$1,036	$1,135	$1,452	$1,848
Jan / 2017	$1,282	$1,013	$1,118	$1,420	$1,824
Sept / 2016	$1,303	$1,014	$1,136	$1,446	$1,858
May / 2016	$1,294	$992	$1,126	$1,445	$1,834
Jan / 2016	$1,268	$992	$1,108	$1,407	$1,778
Sept / 2015	$1,249	$967	$1,091	$1,387	$1,758
May / 2015	$1,213	$938	$1,051	$1,352	$1,730

Average Rent in Austin, TX By Neighborhood

Downtown Austin

$2,606

Clarksville

$2,368

Tarrytown West Austin

$2,368

University of Texas at Austin

$2,332

Old West Austin

$2,232

North University

$2,182

West University

$2,182

Hancock

$1,954

The Triangle

$1,954

Central East Austin

$1,805

Chestnut

$1,805

East Cesar Chavez

$1,805

Govalle

$1,805

Holly

$1,805

Rosewood

$1,658

Balcones Park

$1,558

Bouldin Creek

$1,538

Dawson

$1,538

Galindo

$1,538

SoCo

$1,538

South Lamar

$1,538

Travis Heights

$1,538

Zilker

$1,538

Bee Cave Woods

$1,514

Rob Roy

$1,514

Stratford Hills

$1,514

Westlake

$1,514

Barton Hills

$1,505

Hyde Park

$1,482

North Loop

$1,482

South Congress

$1,374

Oak Hill

$1,308

Pecan Springs Springdale

$1,306

University Hills

$1,306

Windsor Park

$1,306

Martin Luther King

$1,295

Mueller

$1,293

North Shoal Creek

$1,284

Wooten

$1,284

Brentwood

$1,265

East Riverside - Oltorf

$1,235

Montopolis

$1,235

Avery Ranch

$1,211

Bluebell Ridge

$1,197

Bradshaw Crossing

$1,197

Bauerle Ranch

$1,196

Olympic Heights

$1,193

The Oak at Twin Creeks

$1,193

Allandale

$1,193

Tanglewood Oaks

$1,176

North Burnet

$1,173

North Civic Association

$1,173

Buckingham Estates

$1,168

Rosedale

$1,163

Harris Branch

$1,158

Pioneer Crossing

$1,158

Promontory Point

$1,158

Walnut Crossing

$1,153

Garrison Park

$1,149

South Manchaca

$1,149

Westgate

$1,149

The Courtyard

$1,148

Northwood

$1,137

Cat Mountain

$1,131

Northwest Hills

$1,131

Jester Estates

$1,130

Canyon Creek

$1,130

Grandview Hills

$1,130

Anderson Mill - Jollyville

$1,124

Balcones Woods

$1,124

Gateway

$1,124

Great Hills

$1,124

Mesa Park

$1,124

McKinney Heights

$1,094

Onion Creek

$1,094

Crestview

$1,093

Gracywoods

$1,086

River Oaks

$1,086

Bluff Springs

$1,056

Colorado Crossing

$1,056

Franklin Park

$1,056

McKinney

$1,056

Pilot Knob

$1,056

Coronado Hills

$1,021

Highland

$1,021

St Johns

$1,021

Copperfield

$1,014

Georgian Acres

$974

Harris Ridge

$974

Heritage Hills

$974

North Lamar

$974

Windsor Hills

$974

Average Rent
Neighborhood	All rentals	Studio	1 Bed	2 Beds	3 Beds
Windsor Hills	$974	$726	$869	$1,117	$1,456
North Lamar	$974	$726	$869	$1,117	$1,456
Heritage Hills	$974	$726	$869	$1,117	$1,456
Harris Ridge	$974	$726	$869	$1,117	$1,456
Georgian Acres	$974	$726	$869	$1,117	$1,456
Copperfield	$1,014	$749	$894	$1,167	$1,523
St Johns	$1,021	$793	$959	$1,137	$1,362
Highland	$1,021	$793	$959	$1,137	$1,362
Coronado Hills	$1,021	$793	$959	$1,137	$1,362
Pilot Knob	$1,056	$791	$942	$1,169	$1,299
McKinney	$1,056	$791	$942	$1,169	$1,299
Franklin Park	$1,056	$791	$942	$1,169	$1,299
Colorado Crossing	$1,056	$791	$942	$1,169	$1,299
Bluff Springs	$1,056	$791	$942	$1,169	$1,299
River Oaks	$1,086	$865	$989	$1,230	$1,528
Gracywoods	$1,086	$865	$989	$1,230	$1,528
Crestview	$1,093	$981	$1,028	$1,213	$1,473
Onion Creek	$1,094	$806	$989	$1,208	$1,379
McKinney Heights	$1,094	$806	$989	$1,208	$1,379
Mesa Park	$1,124	$825	$1,003	$1,267	$1,616
Great Hills	$1,124	$825	$1,003	$1,267	$1,616
Gateway	$1,124	$825	$1,003	$1,267	$1,616
Balcones Woods	$1,124	$825	$1,003	$1,267	$1,616
Anderson Mill - Jollyville	$1,124	$706	$982	$1,253	$1,506
Grandview Hills	$1,130	$878	$946	$1,193	$1,517
Canyon Creek	$1,130	$878	$946	$1,193	$1,517
Jester Estates	$1,130	$836	$991	$1,245	$1,580
Northwest Hills	$1,131	$852	$1,000	$1,301	$1,686
Cat Mountain	$1,131	$852	$1,000	$1,301	$1,686
Northwood	$1,137	$745	$997	$1,286	$1,578
The Courtyard	$1,148	$900	$994	$1,395	$1,977
Westgate	$1,149	$781	$1,029	$1,294	$1,650
South Manchaca	$1,149	$781	$1,029	$1,294	$1,650
Garrison Park	$1,149	$781	$1,029	$1,294	$1,650
Walnut Crossing	$1,153	$945	$1,040	$1,300	$1,602
Promontory Point	$1,158	$936	$985	$1,353	$1,642
Pioneer Crossing	$1,158	$936	$985	$1,353	$1,642
Harris Branch	$1,158	$936	$985	$1,353	$1,642
Rosedale	$1,163	$900	$1,025	$1,398	$1,977
Buckingham Estates	$1,168	$815	$1,034	$1,311	$1,622
North Civic Association	$1,173	$990	$1,076	$1,327	$1,580
North Burnet	$1,173	$990	$1,076	$1,327	$1,580
Tanglewood Oaks	$1,176	$878	$1,048	$1,312	$1,601
Allandale	$1,193	$1,050	$1,069	$1,411	$1,940
The Oak at Twin Creeks	$1,193	$1,367	$1,040	$1,334	$1,603
Olympic Heights	$1,193	$1,367	$1,040	$1,334	$1,603
Bauerle Ranch	$1,196	$1,022	$1,063	$1,325	$1,579
Bradshaw Crossing	$1,197	$1,045	$1,091	$1,338	$1,647
Bluebell Ridge	$1,197	$1,045	$1,091	$1,338	$1,647
Avery Ranch	$1,211	$1,070	$1,046	$1,335	$1,685
Montopolis	$1,235	$927	$1,032	$1,291	$1,608
East Riverside - Oltorf	$1,235	$927	$1,032	$1,291	$1,608
Brentwood	$1,265	$1,154	$1,184	$1,440	$1,833
Wooten	$1,284	$1,271	$1,197	$1,460	$1,833
North Shoal Creek	$1,284	$1,271	$1,197	$1,460	$1,833
Mueller	$1,293	$908	$1,182	$1,453	$2,228
Martin Luther King	$1,295	$808	$1,186	$1,446	$1,863
Windsor Park	$1,306	$808	$1,195	$1,459	$2,228
University Hills	$1,306	$808	$1,195	$1,459	$2,228
Pecan Springs Springdale	$1,306	$808	$1,195	$1,459	$2,228
Oak Hill	$1,308	$987	$1,172	$1,439	$1,742
South Congress	$1,374	$1,113	$1,277	$1,536	$1,982
North Loop	$1,482	$948	$1,320	$1,704	$2,523
Hyde Park	$1,482	$948	$1,320	$1,704	$2,523
Barton Hills	$1,505	$1,170	$1,384	$1,684	$2,253
Westlake	$1,514	$996	$1,320	$1,691	$2,566
Stratford Hills	$1,514	$996	$1,320	$1,691	$2,566
Rob Roy	$1,514	$996	$1,320	$1,691	$2,566
Bee Cave Woods	$1,514	$996	$1,320	$1,691	$2,566
Zilker	$1,538	$1,181	$1,446	$1,746	$2,961
Travis Heights	$1,538	$1,181	$1,446	$1,746	$2,961
South Lamar	$1,538	$1,181	$1,446	$1,746	$2,961
SoCo	$1,538	$1,181	$1,446	$1,746	$2,961
Galindo	$1,538	$1,181	$1,446	$1,746	$2,961
Dawson	$1,538	$1,181	$1,446	$1,746	$2,961
Bouldin Creek	$1,538	$1,181	$1,446	$1,746	$2,961
Balcones Park	$1,558	$1,304	$1,315	$1,905	$3,823
Rosewood	$1,658	$1,377	$1,552	$2,021	$1,400
Holly	$1,805	$1,403	$1,694	$2,239	$1,400
Govalle	$1,805	$1,403	$1,694	$2,239	$1,400
East Cesar Chavez	$1,805	$1,403	$1,694	$2,239	$1,400
Chestnut	$1,805	$1,403	$1,694	$2,239	$1,400
Central East Austin	$1,805	$1,403	$1,694	$2,239	$1,400
The Triangle	$1,954	$1,129	$1,342	$1,971	$2,917
Hancock	$1,954	$1,129	$1,342	$1,971	$2,917
West University	$2,182	$1,151	$1,364	$2,087	$2,985
North University	$2,182	$1,151	$1,364	$2,087	$2,985
Old West Austin	$2,232	$1,266	$1,611	$2,304	$3,241
University of Texas at Austin	$2,332	$1,351	$1,773	$2,493	$3,257
Tarrytown West Austin	$2,368	$1,633	$1,964	$2,974	$6,817
Clarksville	$2,368	$1,633	$1,964	$2,974	$6,817
Downtown Austin	$2,606	$1,688	$2,156	$3,490	$4,723

The most affordable neighborhoods in Austin are Georgian Acres, where the average rent goes for $974/month, Harris Ridge, where renters pay $974/mo on average, and Heritage Hills, where the average rent goes for $974/mo. If you’re looking for other great deals, check out the listings from North Lamar ($974), Windsor Hills ($974), and Copperfield ($1,014), where the asking prices are below the average Austin rent of $1,297/mo.

The most expensive neighborhoods in Austin are Clarksville ($2,368), Tarrytown West Austin ($2,368) and Downtown Austin ($2,606).

Austin | Rent Comparison by Neighborhood

Rent in Allandale is 6% higher than in Anderson Mill - Jollyville

$1,193

Allandale rent is 8% lower than Austin average

All rentals	$1,193
Studio	$1,050
1 Bed	$1,069
2 Beds	$1,411
3 Beds	$1,940

$1,124

Anderson Mill - Jollyville rent is 13% lower than Austin average

All rentals	$1,124
Studio	$706
1 Bed	$982
2 Beds	$1,253
3 Beds	$1,506

How Does Austin Compare to Nearby Cities

	Average Rent	Y-o-Y Change
Houston	$1,082	3%
Dallas	$1,157	1%
Fort Worth	$1,030	1%
Austin	$1,297	-1%
Corpus Christi	$948	-1%
El Paso	$737	-1%

For more information about the Austin rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Austin apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

Austin, TX Rental Market Trends

Highlights

Average Rent in Austin, TX

Austin, TX Apartment Rent Ranges

Austin, TX Rent Trends

Average Rent in Austin, TX By Neighborhood

Austin | Rent Comparison by Neighborhood

Rent in Allandale is 6% higher than in Anderson Mill - Jollyville

How Does Austin Compare to Nearby Cities

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