Austin, TX Rental Market Trends

Highlights

The average rent for an apartment in Austin is $1,294, a 1% increase compared to the previous year, when the average rent was $1,282.

Studio apartments in Austin rent for $1,036 a month, while 1-bedroom apartments ask on average $1,128 a month; the average rent for a 2-bedroom apartment is $1,431.

Average Rent in Austin, TX

Last updated Jul 2018

	All rentals	Studio	1 Bed	2 Beds	3 Beds
Average Rent	$1,294	$1,036	$1,128	$1,431	$1,844
Y-o-Y Change	1%	2%	1%	1%	1%
Average Apartment Size	884 sq. ft.	485 sq. ft.	720 sq. ft.	1,058 sq. ft.	1,366 sq. ft.

The average size for a Austin apartment is 884 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 1,058 sq. ft.

Austin, TX Apartment Rent Ranges

< $5001%
$501-$70014%
$701-$1,00041%
$1,001-$1,50035%
$1,501-$2,0008%
> $2,0001%

Austin, TX Rent Trends

Average Rent All rentals		Studio	1 Bed	2 Beds	3 Beds
Jul / 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
Jan / 2015	$1,174	$925	$1,016	$1,310	$1,678

Average Rent in Austin, TX By Neighborhood

Downtown Austin

$2,596

Clarksville

$2,363

Tarrytown West Austin

$2,363

University of Texas at Austin

$2,327

Old West Austin

$2,228

North University

$2,179

West University

$2,179

Hancock

$1,954

The Triangle

$1,954

Central East Austin

$1,796

Chestnut

$1,796

East Cesar Chavez

$1,796

Govalle

$1,796

Holly

$1,796

Rosewood

$1,650

Balcones Park

$1,557

Bouldin Creek

$1,532

Dawson

$1,532

Galindo

$1,532

SoCo

$1,532

South Lamar

$1,532

Travis Heights

$1,532

Zilker

$1,532

Bee Cave Woods

$1,509

Rob Roy

$1,509

Stratford Hills

$1,509

Westlake

$1,509

Barton Hills

$1,499

Hyde Park

$1,487

North Loop

$1,487

South Congress

$1,370

Pecan Springs Springdale

$1,302

University Hills

$1,302

Windsor Park

$1,302

Oak Hill

$1,298

Martin Luther King

$1,291

Mueller

$1,289

North Shoal Creek

$1,284

Wooten

$1,284

Brentwood

$1,265

East Riverside - Oltorf

$1,234

Montopolis

$1,234

Avery Ranch

$1,206

Olympic Heights

$1,196

The Oak at Twin Creeks

$1,196

Bauerle Ranch

$1,194

Bluebell Ridge

$1,193

Bradshaw Crossing

$1,193

Allandale

$1,193

North Burnet

$1,173

North Civic Association

$1,173

Tanglewood Oaks

$1,173

Buckingham Estates

$1,167

Rosedale

$1,163

Harris Branch

$1,158

Pioneer Crossing

$1,158

Promontory Point

$1,158

Walnut Crossing

$1,154

The Courtyard

$1,148

Garrison Park

$1,146

South Manchaca

$1,146

Westgate

$1,146

Northwood

$1,135

Cat Mountain

$1,132

Northwest Hills

$1,132

Jester Estates

$1,130

Canyon Creek

$1,128

Grandview Hills

$1,128

Balcones Woods

$1,126

Gateway

$1,126

Great Hills

$1,126

Mesa Park

$1,126

Anderson Mill - Jollyville

$1,119

Crestview

$1,097

McKinney Heights

$1,094

Onion Creek

$1,094

Gracywoods

$1,086

River Oaks

$1,086

Bluff Springs

$1,057

Colorado Crossing

$1,057

Franklin Park

$1,057

McKinney

$1,057

Pilot Knob

$1,057

Coronado Hills

$1,026

Highland

$1,026

St Johns

$1,026

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	$1,026	$930	$959	$1,137	$1,362
Highland	$1,026	$930	$959	$1,137	$1,362
Coronado Hills	$1,026	$930	$959	$1,137	$1,362
Pilot Knob	$1,057	$791	$942	$1,170	$1,299
McKinney	$1,057	$791	$942	$1,170	$1,299
Franklin Park	$1,057	$791	$942	$1,170	$1,299
Colorado Crossing	$1,057	$791	$942	$1,170	$1,299
Bluff Springs	$1,057	$791	$942	$1,170	$1,299
River Oaks	$1,086	$865	$987	$1,233	$1,528
Gracywoods	$1,086	$865	$987	$1,233	$1,528
Onion Creek	$1,094	$806	$989	$1,206	$1,379
McKinney Heights	$1,094	$806	$989	$1,206	$1,379
Crestview	$1,097	$1,064	$1,028	$1,213	$1,473
Anderson Mill - Jollyville	$1,119	$706	$979	$1,245	$1,508
Mesa Park	$1,126	$825	$1,003	$1,277	$1,587
Great Hills	$1,126	$825	$1,003	$1,277	$1,587
Gateway	$1,126	$825	$1,003	$1,277	$1,587
Balcones Woods	$1,126	$825	$1,003	$1,277	$1,587
Grandview Hills	$1,128	$878	$946	$1,193	$1,497
Canyon Creek	$1,128	$878	$946	$1,193	$1,497
Jester Estates	$1,130	$836	$990	$1,250	$1,561
Northwest Hills	$1,132	$852	$1,000	$1,309	$1,662
Cat Mountain	$1,132	$852	$1,000	$1,309	$1,662
Northwood	$1,135	$745	$996	$1,284	$1,563
Westgate	$1,146	$781	$1,029	$1,287	$1,650
South Manchaca	$1,146	$781	$1,029	$1,287	$1,650
Garrison Park	$1,146	$781	$1,029	$1,287	$1,650
The Courtyard	$1,148	$900	$994	$1,395	$1,977
Walnut Crossing	$1,154	$945	$1,038	$1,306	$1,594
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	$1,167	$815	$1,034	$1,307	$1,624
Tanglewood Oaks	$1,173	$878	$1,048	$1,304	$1,602
North Civic Association	$1,173	$990	$1,072	$1,332	$1,580
North Burnet	$1,173	$990	$1,072	$1,332	$1,580
Allandale	$1,193	$1,050	$1,069	$1,411	$1,940
Bradshaw Crossing	$1,193	$1,045	$1,091	$1,326	$1,647
Bluebell Ridge	$1,193	$1,045	$1,091	$1,326	$1,647
Bauerle Ranch	$1,194	$1,022	$1,064	$1,318	$1,582
The Oak at Twin Creeks	$1,196	$1,367	$1,042	$1,337	$1,607
Olympic Heights	$1,196	$1,367	$1,042	$1,337	$1,607
Avery Ranch	$1,206	$1,070	$1,045	$1,336	$1,621
Montopolis	$1,234	$927	$1,031	$1,290	$1,626
East Riverside - Oltorf	$1,234	$927	$1,031	$1,290	$1,626
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	$1,289	$908	$1,181	$1,447	$2,228
Martin Luther King	$1,291	$808	$1,184	$1,439	$1,863
Oak Hill	$1,298	$987	$1,167	$1,422	$1,742
Windsor Park	$1,302	$808	$1,193	$1,452	$2,228
University Hills	$1,302	$808	$1,193	$1,452	$2,228
Pecan Springs Springdale	$1,302	$808	$1,193	$1,452	$2,228
South Congress	$1,370	$1,113	$1,273	$1,532	$1,989
North Loop	$1,487	$948	$1,320	$1,719	$2,523
Hyde Park	$1,487	$948	$1,320	$1,719	$2,523
Barton Hills	$1,499	$1,170	$1,376	$1,679	$2,260
Westlake	$1,509	$996	$1,320	$1,679	$2,566
Stratford Hills	$1,509	$996	$1,320	$1,679	$2,566
Rob Roy	$1,509	$996	$1,320	$1,679	$2,566
Bee Cave Woods	$1,509	$996	$1,320	$1,679	$2,566
Zilker	$1,532	$1,181	$1,437	$1,745	$2,991
Travis Heights	$1,532	$1,181	$1,437	$1,745	$2,991
South Lamar	$1,532	$1,181	$1,437	$1,745	$2,991
SoCo	$1,532	$1,181	$1,437	$1,745	$2,991
Galindo	$1,532	$1,181	$1,437	$1,745	$2,991
Dawson	$1,532	$1,181	$1,437	$1,745	$2,991
Bouldin Creek	$1,532	$1,181	$1,437	$1,745	$2,991
Balcones Park	$1,557	$1,269	$1,314	$1,906	$3,823
Rosewood	$1,650	$1,377	$1,538	$2,026	$1,400
Holly	$1,796	$1,403	$1,677	$2,249	$1,400
Govalle	$1,796	$1,403	$1,677	$2,249	$1,400
East Cesar Chavez	$1,796	$1,403	$1,677	$2,249	$1,400
Chestnut	$1,796	$1,403	$1,677	$2,249	$1,400
Central East Austin	$1,796	$1,403	$1,677	$2,249	$1,400
The Triangle	$1,954	$1,118	$1,342	$1,971	$2,924
Hancock	$1,954	$1,118	$1,342	$1,971	$2,924
West University	$2,179	$1,139	$1,364	$2,080	$2,993
North University	$2,179	$1,139	$1,364	$2,080	$2,993
Old West Austin	$2,228	$1,242	$1,610	$2,299	$3,248
University of Texas at Austin	$2,327	$1,344	$1,769	$2,483	$3,264
Tarrytown West Austin	$2,363	$1,570	$1,960	$2,975	$6,817
Clarksville	$2,363	$1,570	$1,960	$2,975	$6,817
Downtown Austin	$2,596	$1,688	$2,148	$3,471	$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 $1,294/mo.

The most expensive neighborhoods in Austin are Clarksville ($2,363), Tarrytown West Austin ($2,363) and Downtown Austin ($2,596).

Austin | Rent Comparison by Neighborhood

Rent in Allandale is 7% 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

$1,119

Anderson Mill - Jollyville rent is 14% lower than Austin average

All rentals	$1,119
Studio	$706
1 Bed	$979
2 Beds	$1,245
3 Beds	$1,508

How Does Austin Compare to Nearby Cities

	Average Rent	Y-o-Y Change
Houston	$1,082	4%
Dallas	$1,156	4%
Austin	$1,294	1%
Fort Worth	$1,029	5%
Corpus Christi	$949	1%
El Paso	$736	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 7% higher than in Anderson Mill - Jollyville

How Does Austin Compare to Nearby Cities

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Mid-priced Listings on RENTCafé

Most Expensive Listings on RENTCafé

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