A renter’s guide to where new Austin, TX apartments are located

Austin has transformed into one of America’s fastest-growing cities, with construction activity reflecting surging demand from tech workers, students, and relocating professionals. With nearly 100,000 apartments constructed in just over a decade, much of the building activity is concentrated in specific areas where transit access, employment centers, and urban amenities intersect.

But where can renters actually find these new apartments in Austin?

Austin blends relative affordability with big-city energy. Its cost of living is 4% higher than the Texas average, yet 4% lower than the national average, helped by no state income tax. A lively music scene, diverse food options, outdoor recreation, and a strong job market keep it appealing, even as rapid growth brings heat, traffic, and rising housing pressure.

To help renters make the best choice, we’ve narrowed it down to the top five zip codes where construction has been especially active:

6,459 new apartments put zip code 78741 at the top of Austin, TX’s construction list

Zip code 78741 welcomed 6,459 new apartments, turning the area into a fast-growing community that now attracts students, professionals, and families.

Getting around is straightforward thanks to frequent CapMetro service on Routes 7, 20, 310, and 483, as well as quick highway access via I‑35 and Highway 71. The airport is also just a short drive away, making flying easy. Major employers nearby include Oracle, St. Edward’s University, Austin Community College’s Riverside Campus, and downtown offices about 10 to 15 minutes away.

Zip code 78702 grows with 6,067 new apartments

Zip code 78702 added 6,067 new apartments and now mixes modern, walkable communities with the charm of older neighborhoods.

CapMetro Routes 6, 18, and 37 — plus MetroRapid 801 and 804 — make it easy to reach downtown or campus, and you’ll have access to bike lanes everywhere. Moreover, major employers like Dell Children’s Medical Center, the UT Health Research Campus, and UT Austin keep the area’s job market strong.

5,767 new apartments added to zip code 78705’s inventory

Zip code 78705 has seen the addition 5,767 new apartments, keeping it the heart of off‑campus living for UT students and recent grads. The neighborhood is packed with modern, amenity-rich buildings near The Drag’s cafés, restaurants, and bookstores.

Major employers in the area include UT Austin, the Dell Medical School, and downtown offices just a few minutes away. It’s incredibly walkable and great for anyone who prefers getting around without a car. Residents rely on UT Shuttle Routes 640 and 642, as well as CapMetro Routes 7, 10, and 20, to move around town.

Zip code 78758 brings 6,313 new apartments

With 6,313 new apartments added, zip code 78758 draws renters who want a bit more space without giving up quick access to work or fun. The area blends suburban comfort with access to major employers — you’re close to Apple, IBM, Indeed, The Domain, and plenty of retail and dining options.

CapMetro Routes 3, 392, and MetroRapid 803 connect easily to downtown, and the Red Line’s Kramer and Broadmoor train stations make commuting painless. Highways I‑35, 183, and MoPac are right nearby, too.

5,951 new apartments were brought to zip code 78744

Welcoming 5,951 new apartments, zip code 78744 gives renters more space and lower prices in a suburban-leaning neighborhood close to McKinney Falls and Onion Creek.

Major employers include the airport, logistics hubs, and nearby tech offices, with downtown still within reach. Meanwhile, transit is available through CapMetro, though most commuters rely on quick highway access via 71 and I-35.

Top 5 zip codes for new apartments in Austin, TX

* Total new apartments completed between 2015 and 2025.

Source: RentCafe analysis of Yardi data as of July 2025

Over the past decade, Austin’s urban landscape has been reshaped by a surge in apartment construction, with nearly 100,000 new apartments delivered, particularly in central neighborhoods. Recently, the pace of development has begun to ease the supply-demand imbalance that once drove rents to record highs.

Developers continue adding thousands of new apartments annually, often focusing on neighborhoods farther from downtown where land is more available. These trends suggest a gradual shift in Austin’s housing market, as the city balances ongoing population growth, strong tech-driven rental demand, and a slowly cooling market.

Methodology

RentCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the U.S.

This study uses data from 2015–2025, with the ‘past decade’ referring to this period.