South Lamar, Austin, TX Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in South Lamar is $1,555, a 6.72% decrease compared to the previous year, when the average rent was $1,667.
Studio Apartments at $1,293 offer the most budget-friendly option with 431 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 692 square feet for $1,466, balancing privacy and affordability.
Two-beedroom units at $1,738 offer 972 square feet, perfect for roommates or small families.
Average rent in South Lamar, Austin, TX
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,555 | 786 sq. ft. |
| Studio | $1,293 | 431 sq. ft. |
| 1 Bed | $1,466 | 692 sq. ft. |
| 2 Beds | $1,738 | 972 sq. ft. |
| 3 Beds | n/a | n/a |
South Lamar, Austin, TX rent trends
Rental prices in South Lamar, Austin, TX have decreased by 6.72% over the past year. The average rent moved from $1,667 to $1,555.
What's the typical rent budget in South Lamar, Austin, TX?
The largest share of rentals in South Lamar, Austin, TX (53%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in South Lamar, Austin, TX?
18,552 or 67% of the households in South Lamar, Austin, TX are renter-occupied while 9,214 or 33% are owner-occupied.
Most affordable neighborhoods in South Lamar?
Georgian Acres $1,046/month
Westgate $1,048/month
Heritage Hills $1,066/month
All of these neighborhoods fall below the city wide average of $1,662/month.Most expensive neighborhoods in South Lamar?
Bouldin Creek $2,497/month
Downtown Austin $3,222/month
West University $3,356/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 | $3,356 |
| Downtown Austin | $3,222 |
| Bouldin Creek | $2,497 |
| Central East Austin | $2,445 |
| SoCo | $2,381 |
| Clarksville | $2,364 |
| North University | $2,317 |
| Tarrytown West Austin | $2,316 |
| Mueller | $2,252 |
| Westlake | $2,238 |
| Zilker | $2,116 |
| The Triangle | $2,090 |
| East Cesar Chavez | $2,043 |
| Rosedale | $2,042 |
| Rosewood | $2,040 |
| Holly | $2,029 |
| Travis Heights | $1,931 |
| Steiner Ranch | $1,926 |
| Johnston Terrace | $1,918 |
| Hancock | $1,901 |
| Bee Cave Woods | $1,890 |
| Govalle | $1,859 |
| Long Canyon | $1,798 |
| North Burnet | $1,779 |
| Cedar Valley | $1,760 |
| Barton Hills | $1,748 |
| Highland | $1,747 |
| Apache Shores | $1,747 |
| Pilot Knob | $1,740 |
| Martin Luther King | $1,716 |
| Oak Hill | $1,710 |
| Chestnut | $1,709 |
| Bauerle Ranch | $1,683 |
| Brentwood | $1,662 |
| North Point | $1,661 |
| Montopolis | $1,644 |
| McKinney | $1,621 |
| Crestview | $1,609 |
| Gateway | $1,601 |
| Angus Valley | $1,598 |
| Avery Ranch | $1,592 |
| Pecan Springs Springdale | $1,574 |
| Northwood | $1,572 |
| South Lamar | $1,555 |
| Bluebell Ridge | $1,553 |
| River Place | $1,552 |
| South Congress | $1,546 |
| McKinney Heights | $1,544 |
| Upper Boggy Creek | $1,540 |
| North Loop | $1,538 |
| Jester Estates | $1,537 |
| Allandale | $1,536 |
| Scofield Farms | $1,534 |
| Olympic Heights | $1,525 |
| The Woodlands | $1,524 |
| Great Hills | $1,516 |
| The Oak at Twin Creeks | $1,503 |
| Buckingham Estates | $1,499 |
| Canyon Creek | $1,476 |
| North Shoal Creek | $1,456 |
| Pioneer Crossing | $1,454 |
| River Oaks | $1,447 |
| East Riverside - Oltorf | $1,443 |
| Tanglewood Oaks | $1,434 |
| Milwood | $1,427 |
| Wooten | $1,425 |
| Bluff Springs | $1,421 |
| Windsor Park | $1,419 |
| Copperfield | $1,405 |
| Dawson | $1,392 |
| Onion Creek | $1,386 |
| Anderson Mill - Jollyville | $1,384 |
| Garrison Park | $1,369 |
| Hyde Park | $1,343 |
| Gracywoods | $1,340 |
| Harris Ridge | $1,337 |
| Walnut Crossing | $1,320 |
| Balcones Woods | $1,246 |
| Northwest Hills | $1,242 |
| Coronado Hills | $1,239 |
| Franklin Park | $1,229 |
| Galindo | $1,215 |
| North Lamar | $1,199 |
| Promontory Point | $1,193 |
| Windsor Hills | $1,183 |
| University Hills | $1,180 |
| North Civic Association | $1,179 |
| South Manchaca | $1,178 |
| Mesa Park | $1,126 |
| St Johns | $1,116 |
| Heritage Hills | $1,066 |
| Westgate | $1,048 |
| Georgian Acres | $1,046 |
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Austin | Rent Comparison by Neighborhood
Rent in South Lamar is 1% higher than in Allandale
$1,555
South Lamar rent is the same as Austin average
Average Rent
$1,555
$1,536
Allandale rent is 1% lower than Austin average
Average Rent
$1,536
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 South Lamar 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.