Austin, TX Rental Market Trends
What is the average rent in Austin?
The average rent for an apartment in Austin is $1,753. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Austin, TX
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,753 | 863 sq. ft. |
What is the average apartment size in Austin?
The average size for a Austin, TX apartment is 863 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Austin, TX apartment rent ranges
Austin, TX Occupied Housing Units
235,050 or 56% of the households in Austin, TX are renter-occupied while 188,029 or 44% are owner-occupied.
Austin, TX rent trends
Average Rent in Austin, TX By Neighborhood
| City | Average Rent |
|---|---|
| Downtown Austin | $3,212 |
| Clarksville | $2,846 |
| Tarrytown West Austin | $2,846 |
| Old West Austin | $2,815 |
| West University | $2,806 |
| Hancock | $2,514 |
| East Cesar Chavez | $2,167 |
| Govalle | $2,167 |
| Holly | $2,167 |
| Rosewood | $2,124 |
| Bee Cave Woods | $1,993 |
| Rob Roy | $1,993 |
| Stratford Hills | $1,993 |
| Westlake | $1,993 |
| Barton Hills | $1,928 |
| Bouldin Creek | $1,923 |
| Dawson | $1,923 |
| South Lamar | $1,923 |
| Travis Heights | $1,923 |
| Zilker | $1,923 |
| Apache Shores | $1,913 |
| Circle C | $1,880 |
| Steiner Ranch | $1,876 |
| Cedar Valley | $1,846 |
| River Place | $1,767 |
| Oak Hill | $1,764 |
| North Loop | $1,762 |
| South Congress | $1,761 |
| Upper Boggy Creek | $1,758 |
| Mueller | $1,722 |
| Windsor Park | $1,719 |
| Martin Luther King | $1,712 |
| Avery Ranch | $1,688 |
| Johnston Terrace | $1,687 |
| Long Canyon | $1,680 |
| North Point | $1,658 |
| North Burnet | $1,654 |
| North Civic Association | $1,654 |
| Brentwood | $1,633 |
| Angus Valley | $1,632 |
| Scofield Farms | $1,632 |
| Canyon Creek | $1,621 |
| East Riverside - Oltorf | $1,611 |
| Montopolis | $1,611 |
| Walnut Crossing | $1,609 |
| Bauerle Ranch | $1,600 |
| North Shoal Creek | $1,593 |
| Wooten | $1,593 |
| Tanglewood Oaks | $1,585 |
| Northwood | $1,578 |
| Gracywoods | $1,577 |
| River Oaks | $1,577 |
| Olympic Heights | $1,568 |
| The Oak at Twin Creeks | $1,568 |
| Buckingham Estates | $1,566 |
| Garrison Park | $1,565 |
| South Manchaca | $1,565 |
| Jester Estates | $1,558 |
| Pioneer Crossing | $1,554 |
| Promontory Point | $1,554 |
| Balcones Woods | $1,534 |
| Great Hills | $1,534 |
| Mesa Park | $1,534 |
| Allandale | $1,533 |
| McKinney Heights | $1,528 |
| Onion Creek | $1,528 |
| Anderson Mill - Jollyville | $1,522 |
| Rosedale | $1,515 |
| Northwest Hills | $1,513 |
| Copperfield | $1,497 |
| Bluff Springs | $1,494 |
| Colorado Crossing | $1,494 |
| Franklin Park | $1,494 |
| McKinney | $1,494 |
| Georgian Acres | $1,473 |
| North Lamar | $1,473 |
| Windsor Hills | $1,473 |
| Highland | $1,442 |
| St Johns | $1,442 |
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What are the most affordable neighborhoods in Austin?
The most affordable neighborhoods in Austin are Highland, where the average rent goes for $1,442/month, St Johns, where renters pay $1,442/mo on average, and Georgian Acres, where the average rent goes for $1,473/mo. If you’re looking for other great deals, check out the listings from North Lamar ($1,473), Windsor Hills ($1,473), and Bluff Springs ($1,494), where the asking prices are below the average Austin rent of $1,753/mo.
What are the most expensive neighborhoods in Austin?
The most expensive neighborhoods in Austin are Clarksville ($2,846), Tarrytown West Austin ($2,846) and Downtown Austin ($3,212).
What are the most popular neighborhoods in Austin?
The most popular neighborhood in Austin is South Congress, where there are 29 listings with an average rent of $1,761. Next up is Downtown Austin, where apartments go for $3,212/month, followed by Buckingham Estates with $1,566 If you’re looking to rent in Austin’s most popular neighborhoods, make sure to also check out Anderson Mill - Jollyville, where renters pay $1,522 on average, and Brentwood, where the average monthly rent is $1,633.
Austin | Rent Comparison by Neighborhood
Rent in Allandale is 1% higher than in Anderson Mill - Jollyville
$1,533
Allandale rent is 13% lower than Austin average
Average Rent
$1,533
$1,522
Anderson Mill - Jollyville rent is 13% lower than Austin average
Average Rent
$1,522
How Austin Compares to Other Cities
| State | Average Rent |
|---|---|
| Dallas | $1,575 |
| Austin | $1,753 |
| Houston | $1,348 |
| San Antonio | $1,290 |
| Irving | $1,515 |
| Fort Worth | $1,436 |
| Euless | $1,477 |
| Arlington | $1,365 |
| Richardson | $1,771 |
| Killeen | $1,057 |
| Odessa | $1,259 |
| Round Rock | $1,551 |
| Cedar Park | $1,605 |
| Hutto | $1,696 |
| Kyle | $1,592 |
| Leander | $1,654 |
| Pflugerville | $1,605 |
| San Marcos | $1,735 |
What is the average price for a storage unit in Austin?
The average rent for a non-climate-controlled 10'x10' storage unit in Austin is $135.76. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Austin
Astoria Mountain View
8617 Spicewood Springs Rd111, Austin, TX 78759| 1 BED | $1,453 |
| 2 BEDS | $2,304 |
| 3 BEDS | $1,752 |
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South Park Square Apartments
1705 S Lakeshore Blvd, Austin, TX 78741| 1 BED | $1,290+ |
| 2 BEDS | N/A |
| 3 BEDS | $5,100+ |
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