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Rental Market Trends in Austin, TX

What is the average rent in Austin, TX?

$1,413/month

Average Rent

714 Sq Ft

Average Apartment Size

-2.4%

Decrease in the Last Year

Austin, TX Rental Market Overview

The average rent in Austin, TX is $1,413 per month. For comparison, the national average rent price in the US is currently $1,645/month, which means Austin rent prices are 14% lower than the national average.

  • Studio apartments in Austin average $1,213 per month.
  • One-bedroom apartments in Austin average $1,413 per month.
  • Two-bedroom apartments in Austin average $1,842 per month.
  • Three-bedroom apartments in Austin average $2,449 or more per month.

Data Updated: June 1, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,213/month
471 Sq Ft
One Bedroom
$1,413/month
714 Sq Ft
Two Bedroom
$1,842/month
1,066 Sq Ft
Three Bedroom
$2,449/month
1,387 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,336/month
719 Sq Ft
Two Bedroom
$2,364/month
1,005 Sq Ft
Three Bedroom
$2,813/month
1,593 Sq Ft
Four Bedroom
$4,399/month
2,404 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,546/month
601 Sq Ft
Two Bedroom
$2,323/month
977 Sq Ft
Three Bedroom
$2,998/month
1,527 Sq Ft
Four Bedroom
$4,570/month
2,194 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,496/month
896 Sq Ft
Two Bedroom
$1,725/month
1,223 Sq Ft
Three Bedroom
$2,311/month
1,523 Sq Ft
Four Bedroom
$4,275/month
1,887 Sq Ft

How much has average rent changed in Austin, TX?

In the past year, rent has decreased by 2.4%, which averages out to $33 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Austin, TX
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Austin, TX
Percentage*
Rent Range
2% Below $700/month
17% $700 - $1,000/month
47% $1,001 - $1,500/month
22% $1,501 - $2,000/month
12% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Austin?

Based on current rent prices, Heritage Hills, Georgian Acres and Walnut Crossing are the most affordable neighborhoods in Austin.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Heritage Hills
$786/month
571 Sq Ft
Georgian Acres
$795/month
570 Sq Ft
Walnut Crossing
$940/month
583 Sq Ft
Coronado Hills
$949/month
678 Sq Ft
North Lamar
$989/month
685 Sq Ft
Balcones District Park
$1,009/month
601 Sq Ft
Parker Lane
$1,012/month
662 Sq Ft
South Manchaca
$1,028/month
576 Sq Ft
St Johns
$1,034/month
669 Sq Ft
Franklin Park
$1,048/month
698 Sq Ft

What are the most expensive neighborhoods in Austin?

Based on current rent prices, Rainey Street, Warehouse District and Wooldridge Square are the most expensive neighborhoods in Austin.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Rainey Street
$3,779/month
816 Sq Ft
Warehouse District
$3,505/month
808 Sq Ft
Wooldridge Square
$3,428/month
755 Sq Ft
Lost Creek
$3,274/month
835 Sq Ft
Sixth Street District
$3,203/month
754 Sq Ft
Market District
$3,139/month
790 Sq Ft
Northshore Austin
$3,138/month
814 Sq Ft
Uptown Austin
$3,069/month
733 Sq Ft
Downtown Austin
$3,066/month
766 Sq Ft
Duncan Park
$2,972/month
780 Sq Ft

Which Austin neighborhoods have the most rentals available?

The neighborhoods in Austin with the most apartments available are North Austin, Northwest Austin and South Austin .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Austin
$1,318/month
687 Sq Ft
Northwest Austin
$1,245/month
719 Sq Ft
South Austin
$1,432/month
705 Sq Ft
East Austin
$1,899/month
731 Sq Ft
Midtown Austin
$1,547/month
685 Sq Ft
Wells Branch
$1,281/month
692 Sq Ft
East Riverside-Oltorf
$1,612/month
703 Sq Ft
Riverside
$1,529/month
697 Sq Ft
South Central Austin
$1,879/month
711 Sq Ft
Southwest Austin
$1,603/month
761 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Austin, TX?

Because the average rent in Austin is $1,413, you’ll want to make about $4,710 per month or $56,520 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Austin, TX is 4.0% lower than the national average. Generally, housing in Austin is 4.6% less expensive than the national average, with rent falling between $1,213 - $2,449. You can expect to pay 4.4% less for groceries, 1.0% less for utilities, and 4.9% less for transportation.

City

Austin, TX

35,938 Available Apartments for Rent

Search for Nearby Apartments

How does Austin, TX compare to other nearby cities and neighborhoods?

Use the tool below to compare Austin, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Austin, TX

Apartment Averages

Heritage Hills

Austin, TX

Rainey Street

Austin, TX

Studio
$775/month
$2,183/month
One Bedroom
$956/month
$3,212/month
Two Bedroom
$1,331/month
$7,010/month
Three Bedroom
$1,641/month
$12,195/month
Search
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Apartment Communities in Austin We Think You'll Love

52 TEN

52 TEN

5210 N Lamar Blvd,
Austin, TX 78751

Studio - 3 Beds | $1,412 - $3,326

Loyola Junction Phase I

Loyola Junction Phase I

6525 Ed Bluestein Blvd,
Austin, TX 78724

1-2 Beds | $1,315 - $2,041

Stassney at SoCo

Stassney at SoCo

1800 E Stassney Ln,
Austin, TX 78744

1-2 Beds | $1,048 - $2,175

Ellwood at Lake Travis

Ellwood at Lake Travis

7655 N Ranch Road 620,
Austin, TX 78726

1-3 Beds | $1,026 - $1,965

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Frequently Asked Questions

What is the average rent in Austin?

The average rent in Austin is $1,413 per month, which is 14.1% lower than the national average of $1,645.

What is the average rent for a house in Austin?

The average rent for a house in Austin, TX is $2,813 per month.

What is the average rent for a townhome in Austin?

The average rent for a townhome in Austin, TX is $1,725 per month.

What is the average rent for a condo in Austin?

The average rent for a condo in Austin, TX is $1,546 per month.

Are rents going up or down in Austin?

Rents in Austin, TX are decreasing, with prices down 2.4% year-over-year and $33 less per month.

What rent range is most common in Austin?

In Austin, TX, 47% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Texas Austin Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity