AMLI North Park
2300 Aldrich St,
Austin, TX 78723
Studio - 2 Beds | $1,970 - $3,910
$1,437/month
Average Rent
713 Sq Ft
Average Apartment Size
-4.6%
Decrease in the Last Year
As of March 2025, the average rent in Austin, TX is $1,437 per month. For comparison, the national average rent price in the US is currently $1,559/month, which means Austin rent prices are 8% lower than the national average. When you rent an apartment in Austin, you can expect to pay about $1,257 per month for a studio, $1,437 for a one-bedroom apartment, and around $1,863 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,445 or more.
In the past year, rent has decreased by 4.6%, which averages out to $65 less per month.
Based on current rent prices, Northeast Austin, Onion Creek and Southeast Austin are the most affordable neighborhoods in Austin.
Based on current rent prices, Downtown Austin, West Austin and South Central Austin are the most expensive neighborhoods in Austin.
The neighborhoods in Austin with the most apartments available are Northwest Austin, North Austin and East Austin .
Because the average rent in Austin is $1,437, you’ll want to make about $4,790 per month or $57,480 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.
The cost of living in Austin, TX is 1.9% lower than the national average. Generally, housing in Austin is 6.4% more expensive than the national average, with rent falling between $1,257 - $2,445. You can expect to pay 2.5% less for groceries, 3.6% less for utilities, and 9.0% less for transportation.
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.
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† 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 February 2025.
* Percentages may not total 100 due to rounding.