Grayson
714 W 22nd St,
Austin, TX 78705
$680 - $1,840 | Studio - 4 Beds
Central Austin
Austin, TX
Central Austin - Austin, TX
Area Guide
A lively suburb just north of the University of Texas at Austin and downtown
Suburban
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College Town
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Historic
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Affordable
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Laid-Back
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Central Austin is a sprawling residential community that surrounds the University of Texas at Austin, a large campus with several museums, athletic centers, and more. This district boasts a college-town feel and is the ideal place to call home for students, faculty, staff, families, and commuters. Apartments in Central Austin range from affordable to upscale, so there’s something for everyone. The neighborhood is lined with casual restaurants, coffee shops, and everyday conveniences. Central Austin sits immediately north of downtown, where you’ll find the Texas Capitol, the Bullock Texas State History Museum, and an abundance of restaurants, bars, cafes, shops, and more.
Rent Trends
As of March 2025, the average apartment rent in Central Austin is $1,076 for a studio, $1,436 for one bedroom, $2,074 for two bedrooms, and $2,833 for three bedrooms. Apartment rent in Central Austin has decreased by -6.7% in the past year.
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Studio
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378 sq ft
Average Sq Ft
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$1,076/month
Average Rent
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1 BR
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635 sq ft
Average Sq Ft
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$1,436/month
Average Rent
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2 BR
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947 sq ft
Average Sq Ft
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$2,074/month
Average Rent
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3 BR
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1,203 sq ft
Average Sq Ft
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$2,833/month
Average Rent
Points of Interest
Shopping Centers
Parks and Recreation
- Texas Memorial Museum
- Shoal Creek Greenbelt Park
- Elisabet Ney Museum
- Thinkery
- Boggy Creek Greenbelt
Commuter Rail
Military Bases
Airports
- Austin-Bergstrom International
Top Apartments in Central Austin
Houses for Rent in Central Austin
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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 February 2025.