Downtown Austin, Austin, TX Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Austin is $3,300, a 6.41% increase compared to the previous year, when the average rent was $3,101.
Studio Apartments at $2,018 offer the most budget-friendly option with 482 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 795 square feet for $2,861, balancing privacy and affordability.
Two-beedroom units at $4,184 offer 1,272 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,875 sq ft) for $6,333, suitable for larger households.
Average rent in Downtown Austin, Austin, TX
Last updated: November 18, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,300 | 946 sq. ft. |
| Studio | $2,018 | 482 sq. ft. |
| 1 Bed | $2,861 | 795 sq. ft. |
| 2 Beds | $4,184 | 1,272 sq. ft. |
| 3 Beds | $6,333 | 1,875 sq. ft. |
Downtown Austin, Austin, TX rent trends
Rental prices in Downtown Austin, Austin, TX have increased by 6.41% over the past year. The average rent moved from $3,101 to $3,300.
What's the typical rent budget in Downtown Austin, Austin, TX?
The largest share of rentals in Downtown Austin, Austin, TX (50%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Downtown Austin, Austin, TX?
3,734 or 51% of the households in Downtown Austin, Austin, TX are renter-occupied while 3,585 or 49% are owner-occupied.
Most affordable neighborhoods in Downtown Austin?
Heritage Hills $983/month
Georgian Acres $1,009/month
Mesa Park $1,048/month
All of these neighborhoods fall below the city wide average of $1,654/month.Most expensive neighborhoods in Downtown Austin?
Central East Austin $2,570/month
Downtown Austin $3,300/month
West University $3,446/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Austin, TX By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| West University | $3,446 |
| Downtown Austin | $3,300 |
| Central East Austin | $2,570 |
| Bouldin Creek | $2,567 |
| SoCo | $2,398 |
| Clarksville | $2,371 |
| Tarrytown West Austin | $2,320 |
| Westlake | $2,287 |
| North University | $2,263 |
| Rosedale | $2,211 |
| Zilker | $2,141 |
| Holly | $2,111 |
| The Triangle | $2,071 |
| East Cesar Chavez | $2,028 |
| Rosewood | $2,026 |
| Travis Heights | $1,998 |
| Steiner Ranch | $1,976 |
| Johnston Terrace | $1,909 |
| Bee Cave Woods | $1,904 |
| Hancock | $1,863 |
| Govalle | $1,852 |
| Pilot Knob | $1,746 |
| Highland | $1,745 |
| North Burnet | $1,736 |
| Long Canyon | $1,730 |
| Cedar Valley | $1,729 |
| Apache Shores | $1,719 |
| Martin Luther King | $1,716 |
| Brentwood | $1,699 |
| North Point | $1,673 |
| Bluebell Ridge | $1,667 |
| Barton Hills | $1,665 |
| Bauerle Ranch | $1,661 |
| Oak Hill | $1,647 |
| Montopolis | $1,597 |
| Crestview | $1,588 |
| McKinney | $1,581 |
| Angus Valley | $1,577 |
| Avery Ranch | $1,566 |
| Pecan Springs Springdale | $1,560 |
| Northwood | $1,546 |
| River Place | $1,540 |
| South Lamar | $1,536 |
| McKinney Heights | $1,527 |
| South Congress | $1,520 |
| Jester Estates | $1,519 |
| North Loop | $1,513 |
| Allandale | $1,503 |
| Gateway | $1,503 |
| Upper Boggy Creek | $1,493 |
| The Woodlands | $1,490 |
| The Oak at Twin Creeks | $1,477 |
| Buckingham Estates | $1,471 |
| Scofield Farms | $1,458 |
| Olympic Heights | $1,458 |
| River Oaks | $1,456 |
| Great Hills | $1,455 |
| North Shoal Creek | $1,455 |
| Canyon Creek | $1,437 |
| Pioneer Crossing | $1,430 |
| Milwood | $1,429 |
| Wooten | $1,428 |
| Tanglewood Oaks | $1,424 |
| East Riverside - Oltorf | $1,418 |
| Windsor Park | $1,396 |
| Copperfield | $1,385 |
| Bluff Springs | $1,385 |
| Gracywoods | $1,372 |
| Dawson | $1,359 |
| Anderson Mill - Jollyville | $1,353 |
| Garrison Park | $1,339 |
| Hyde Park | $1,335 |
| Galindo | $1,327 |
| Harris Ridge | $1,304 |
| Walnut Crossing | $1,284 |
| Balcones Woods | $1,240 |
| Windsor Hills | $1,240 |
| Franklin Park | $1,228 |
| Northwest Hills | $1,226 |
| North Lamar | $1,216 |
| Promontory Point | $1,195 |
| North Civic Association | $1,143 |
| Westgate | $1,134 |
| University Hills | $1,109 |
| St Johns | $1,106 |
| South Manchaca | $1,101 |
| Mesa Park | $1,048 |
| Georgian Acres | $1,009 |
| Heritage Hills | $983 |
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Austin | Rent Comparison by Neighborhood
Rent in Downtown Austin is 120% higher than in Allandale
$3,300
Downtown Austin rent is the same as Austin average
Average Rent
$3,300
$1,503
Allandale rent is 54% lower than Austin average
Average Rent
$1,503
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Austin apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.