Austin, TX Rental Market Trends
Last updated: March 30, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Austin is $1,623, a 3.15% decrease compared to the previous year, when the average rent was $1,675.
Studio Apartments at $1,286 offer the most budget-friendly option with 465 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 715 square feet for $1,398, balancing privacy and affordability.
Two-beedroom units at $1,798 offer 1,062 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,354 sq ft) for $2,386, suitable for larger households.
Average rent in Austin, TX
Last updated: March 30, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,623 | 865 sq. ft. |
| Studio | $1,286 | 465 sq. ft. |
| 1 Bed | $1,398 | 715 sq. ft. |
| 2 Beds | $1,798 | 1,062 sq. ft. |
| 3 Beds | $2,386 | 1,354 sq. ft. |
Austin, TX rent trends
What's the typical rent budget in Austin, TX?
The largest share of rentals in Austin, TX (43%) 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 Austin, TX?
244,616 or 56% of the households in Austin, TX are renter-occupied while 195,678 or 44% are owner-occupied.
Most affordable neighborhoods in Austin?
Mesa Park $879/month
Heritage Hills $983/month
Georgian Acres $1,005/month
All of these neighborhoods fall below the city wide average of $1,623/month.Most expensive neighborhoods in Austin?
Bouldin Creek $2,607/month
Downtown Austin $3,198/month
West University $3,513/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 | $3,513 |
| Downtown Austin | $3,198 |
| Bouldin Creek | $2,607 |
| Central East Austin | $2,541 |
| SoCo | $2,398 |
| Clarksville | $2,299 |
| Westlake | $2,225 |
| North University | $2,204 |
| Tarrytown West Austin | $2,193 |
| Rosedale | $2,120 |
| Zilker | $2,052 |
| The Triangle | $1,986 |
| Rosewood | $1,984 |
| Holly | $1,983 |
| East Cesar Chavez | $1,972 |
| Travis Heights | $1,939 |
| Steiner Ranch | $1,913 |
| Johnston Terrace | $1,889 |
| Govalle | $1,886 |
| Hancock | $1,857 |
| Bee Cave Woods | $1,803 |
| Cedar Valley | $1,715 |
| North Burnet | $1,709 |
| Highland | $1,698 |
| Barton Hills | $1,670 |
| North Point | $1,648 |
| Chestnut | $1,639 |
| Oak Hill | $1,623 |
| Bluebell Ridge | $1,621 |
| Martin Luther King | $1,617 |
| Brentwood | $1,611 |
| Long Canyon | $1,610 |
| Crestview | $1,593 |
| Avery Ranch | $1,569 |
| McKinney | $1,558 |
| Bauerle Ranch | $1,555 |
| Angus Valley | $1,549 |
| Northwood | $1,548 |
| Montopolis | $1,523 |
| The Woodlands | $1,520 |
| Apache Shores | $1,519 |
| McKinney Heights | $1,519 |
| South Lamar | $1,517 |
| Pecan Springs Springdale | $1,512 |
| River Place | $1,510 |
| South Congress | $1,492 |
| Olympic Heights | $1,488 |
| Jester Estates | $1,475 |
| Buckingham Estates | $1,469 |
| The Oak at Twin Creeks | $1,455 |
| North Loop | $1,453 |
| Gateway | $1,435 |
| Tanglewood Oaks | $1,434 |
| Allandale | $1,434 |
| Scofield Farms | $1,417 |
| Pioneer Crossing | $1,413 |
| River Oaks | $1,409 |
| North Shoal Creek | $1,407 |
| Windsor Park | $1,402 |
| Upper Boggy Creek | $1,392 |
| Canyon Creek | $1,392 |
| Bluff Springs | $1,391 |
| Great Hills | $1,379 |
| Milwood | $1,374 |
| East Riverside - Oltorf | $1,362 |
| Gracywoods | $1,349 |
| Dawson | $1,325 |
| Hyde Park | $1,321 |
| Anderson Mill - Jollyville | $1,320 |
| Garrison Park | $1,311 |
| Copperfield | $1,311 |
| Harris Ridge | $1,290 |
| Onion Creek | $1,282 |
| Walnut Crossing | $1,262 |
| Galindo | $1,250 |
| Balcones Woods | $1,222 |
| Wooten | $1,216 |
| Franklin Park | $1,202 |
| Northwest Hills | $1,168 |
| Promontory Point | $1,147 |
| Windsor Hills | $1,146 |
| St Johns | $1,129 |
| North Lamar | $1,126 |
| South Manchaca | $1,101 |
| North Civic Association | $1,100 |
| Westgate | $1,059 |
| University Hills | $1,039 |
| Georgian Acres | $1,005 |
| Heritage Hills | $983 |
| Mesa Park | $879 |
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Austin | Rent Comparison by Neighborhood
Rent in Allandale is 9% higher than in Anderson Mill - Jollyville
$1,434
Allandale rent is 12% lower than Austin average
Average Rent
$1,434
$1,320
Anderson Mill - Jollyville rent is 19% lower than Austin average
Average Rent
$1,320
How Austin Compares to Other Cities
| City | Average Rent |
|---|---|
| Austin | $1,623 |
| Houston | $1,346 |
| Dallas | $1,582 |
| San Antonio | $1,256 |
| Fort Worth | $1,432 |
| El Paso | $1,117 |
| Irving | $1,485 |
| Killeen | $1,083 |
| Plano | $1,687 |
| Spring | $1,457 |
| McKinney | $1,657 |
| Georgetown, TX | $1,522 |
| Pflugerville, TX | $1,479 |
| San Marcos, TX | $1,608 |
| Round Rock, TX | $1,388 |
| Leander, TX | $1,538 |
| Cedar Park, TX | $1,377 |
| Kyle, TX | $1,436 |
| Bastrop, TX | $1,407 |
| Hutto, TX | $1,613 |
| Manor, TX | $1,485 |
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 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.