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Rental Market Trends in Austin, TX

What is the average rent in Austin, TX?

$1,381/month

Average Rent

713 Sq Ft

Average Apartment Size

-4.9%

Decrease in the Last Year

As of January 2026, the average rent in Austin, TX is $1,381 per month. This is 15% lower than the national average rent of $1,625/month, making renting in Austin more affordable than most cities in the US. When you rent an apartment in Austin, you can expect to pay about $1,227 per month for a studio, $1,381 for a one-bedroom apartment, and around $1,784 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,395 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,227/month
470 Sq Ft
One Bedroom
$1,381/month
713 Sq Ft
Two Bedroom
$1,784/month
1,064 Sq Ft
Three Bedroom
$2,395/month
1,382 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,355/month
597 Sq Ft
Two Bedroom
$2,174/month
991 Sq Ft
Three Bedroom
$2,633/month
1,607 Sq Ft
Four Bedroom
$4,183/month
2,342 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,575/month
630 Sq Ft
Two Bedroom
$2,311/month
961 Sq Ft
Three Bedroom
$3,642/month
1,497 Sq Ft
Four Bedroom
$4,050/month
1,652 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,413/month
795 Sq Ft
Two Bedroom
$1,634/month
1,259 Sq Ft
Three Bedroom
$2,251/month
1,521 Sq Ft
Four Bedroom
$5,060/month
2,107 Sq Ft

How much has average rent changed in Austin, TX?

In the past year, rent has decreased by 4.9%, which averages out to $68 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 January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Austin, TX
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Austin, TX
Percentage*
Rent Range
2% Below $700/month
15% $700 - $1,000/month
50% $1,001 - $1,500/month
22% $1,501 - $2,000/month
10% 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, Village at Anderson Mill, Georgian Acres and North Lamar are the most affordable neighborhoods in Austin.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Village at Anderson Mill
$866/month
576 Sq Ft
Georgian Acres
$873/month
586 Sq Ft
North Lamar
$932/month
684 Sq Ft
Tanglewood Estates
$934/month
688 Sq Ft
Heritage Hills
$954/month
604 Sq Ft
Village Oaks
$981/month
694 Sq Ft
Quail Creek
$984/month
643 Sq Ft
North Oaks
$991/month
696 Sq Ft
Griffis on la Frontera
$999/month
697 Sq Ft
Chevy Chase South
$1,000/month
654 Sq Ft

What are the most expensive neighborhoods in Austin?

Based on current rent prices, Warehouse District, Market District and Seaholm District are the most expensive neighborhoods in Austin.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Warehouse District
$3,518/month
833 Sq Ft
Market District
$3,392/month
806 Sq Ft
Seaholm District
$3,382/month
832 Sq Ft
Wooldridge Square
$3,373/month
753 Sq Ft
Congress Avenue District
$3,280/month
806 Sq Ft
Sixth Street District
$3,254/month
765 Sq Ft
Northshore Austin
$3,243/month
807 Sq Ft
2nd Street District
$3,184/month
826 Sq Ft
Rainey Street
$3,149/month
709 Sq Ft
Rainey Street District
$3,128/month
708 Sq Ft

Which Austin neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Northeast Austin
$1,271/month
726 Sq Ft
North Austin
$1,311/month
703 Sq Ft
Northwest Austin
$1,347/month
734 Sq Ft
East Austin
$1,827/month
725 Sq Ft
Southeast Austin
$1,339/month
726 Sq Ft
South Austin
$1,323/month
706 Sq Ft
Midtown Austin
$1,515/month
689 Sq Ft
South Central Austin
$1,972/month
746 Sq Ft
East Riverside-Oltorf
$1,568/month
725 Sq Ft
Riverside
$1,495/month
716 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 $1,381, you’ll want to make about $4,603 per month or $55,236 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 1.7% less expensive than the national average, with rent falling between $1,227 - $2,395. You can expect to pay 4.8% less for groceries, 1.1% less for utilities, and 4.4% less for transportation.

City

Austin, TX

38,474 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

Village at Anderson Mill

Austin, TX

Warehouse District

Austin, TX

Studio
-
$2,366/month
One Bedroom
-
$3,384/month
Two Bedroom
-
$5,588/month
Three Bedroom
-
$10,882/month
Search
Search

Apartment communities in Austin we think you'll love

Stassney at SoCo

Stassney at SoCo

1800 E Stassney Ln,
Austin, TX 78744

$834 - $1,863

1-2 Beds

Ellwood at Lake Travis

Ellwood at Lake Travis

7655 N Ranch Road 620,
Austin, TX 78726

$945 - $2,955

1-3 Beds

Edison Austin

Edison Austin

4711 E Riverside Dr,
Austin, TX 78741

$1,095 - $2,395

Studio - 2 Beds

Beck at Wells Branch

Beck at Wells Branch

2801 Wells Branch Pky,
Austin, TX 78728

$1,035 - $1,960

1-3 Beds

Property Management Companies in Austin, TX

Greystar
Greystar
  • 3,457

    Communities

  • 953,317

    Units

  • 889

    Cities

99 Communities in Austin
Willow Bridge
Willow Bridge
  • 714

    Communities

  • 197,759

    Units

  • 338

    Cities

27 Communities in Austin
RPM
RPM
  • 627

    Communities

  • 171,041

    Units

  • 245

    Cities

25 Communities in Austin
CWS Capital Partners
CWS Capital Partners
  • 100

    Communities

  • 30,498

    Units

  • 40

    Cities

24 Communities in Austin
MAA
MAA
  • 292

    Communities

  • 101,753

    Units

  • 116

    Cities

16 Communities in Austin
Cushman & Wakefield
Cushman & Wakefield
  • 470

    Communities

  • 110,682

    Units

  • 238

    Cities

15 Communities in Austin
Kairoi Residential
Kairoi Residential
  • 83

    Communities

  • 23,721

    Units

  • 29

    Cities

15 Communities in Austin
LDG Development
LDG Development
  • 56

    Communities

  • 12,667

    Units

  • 20

    Cities

15 Communities in Austin

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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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity