Austin locals spend much time on the river, not far from Colorado Canyon.
Austin's Congress Avenue Bridge is famous for bat watching at sunset.
Many people enjoy walking the Ann & Roy Butler Hike and Bike in Barton Hills.
Austin is surrounded by suburbs that offer a slower pace.
Locals can find food, vendors, live music and more at the Annual Bat Fest in Austin, TX.

Austin, TX

Area Guide

Avg Rent

$1,397

Population

1,033,895

Renter Mix

59% Rent

A thriving modern metropolis with a West Texas touch

College Town Fun-Filled Modern

Although it is the state capital and located deep in the heart of Texas, Austin generally has more in common with places like Portland, Oregon rather than other large Lone Star State cities like Dallas or Houston. Consistently named one of the best places to live in America, Austin combines passions for food, live music, entrepreneurship, iconoclastic attitudes, and Texas traditions into a wholly unique cocktail that people just can’t get enough of.

The expansion of the tech industry and the wild popularity of music festivals like Austin City Limits and South by Southwest have boosted Austin’s profile as one of America’s most in-demand communities of the 21st century so far, attracting people from all walks of life and every corner of the world.

Regardless of their atypical culture, Texas pride runs deep in Austinites. Many of the city’s hip, young entrepreneurs are more than happy to deal in classic regional staples like Tex-Mex food, cowboy boots, and country music. Austin is also home to one of the top public universities in the state, the University of Texas at Austin, lending the entire city the vibrant energy of a college town.

Austin contains a broad range of apartments, condos, townhomes, and houses available for rent in its many diverse neighborhoods. Wherever your dream rental is located in Austin, you’re sure to be within driving distance of signature attractions such as Barton Springs, Lady Bird Lake, Zilker Botanical Garden, the Domain, Bullock Texas State History Museum, Blanton Museum of Art, Sixth Street, and the Texas Capitol Building.

Explore the City

Many people enjoy walking the Ann & Roy Butler Hike and Bike in Barton Hills.

Austin is surrounded by suburbs that offer a slower pace.

Locals can find food, vendors, live music and more at the Annual Bat Fest in Austin, TX.

Residents of Northshore have easy access to kayaking on Lady Bird Lake.

The Drag is home to many students at The University of Texas at Austin.

The Red Bud Isle Park is perfect for locals with dogs.

Demographics

Median Household Income

$81,906

Average: $110,458

Education

465,023

Residents Have a Degree

Job Market

609,388

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

36 Years

Largest Age Group

30-39 Years

Approximately 20% of Residents

Under 20

22%

Over 65

11%

Housing Distribution

Austin has more renters than homeowners.

Renters
59%
Non-Renters
41%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
39%
Other Education
61%

Rent Trends

As of June 2026, the average apartment rent in Austin, TX is $1,210 for a studio, $1,397 for one bedroom, $1,823 for two bedrooms, and $2,405 for three bedrooms. Apartment rent in Austin has decreased by -3.3% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,397/month
713 Sq Ft
House
$3,415/month
1,769 Sq Ft
Condo
$2,206/month
935 Sq Ft
Townhome
$2,047/month
1,330 Sq Ft
See Rental Market Trends in Austin, TX

Cost of Living

The cost of living in Austin, TX is 4.4% lower than the national average. Generally, housing in Austin is 3.2% less expensive than the national average, with rent falling between $1,208 - $2,447. You can expect to pay 5.0% less for groceries, 1.0% less for utilities, and 5.0% less for transportation.

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Learn More About Austin

Getting Around

Exceptionally Walkable

Walkability

90 / 100

Good Public Transit

Transit

70 / 100

Moderately Drivable

Drivability

60 / 100

Very Bikeable

Bikeability

80 / 100

Schools

Patsy Sommer Elementary School

Public

Grades PK-5

982 Students

Elsa England Elementary School

Public

Grades PK-5

960 Students

Mills Elementary School

Public

Grades PK-5

776 Students

Laurel Mountain Elementary School

Public

Grades PK-5

702 Students

Eanes Elementary School

Public

Grades PK-5

526 Students

Canyon Vista Middle School

Public

Grades 6-8

1,370 Students

Canyon Vista Middle

Public

Grades 6-8

1,370 Students

Hill Country Middle

Public

Grades 6-8

975 Students

Hill Country Middle School

Public

Grades 6-8

975 Students

West Ridge Middle

Public

Grades 6-8

896 Students

Liberal Arts and Science Academy (LASA)

Public

Grades 9-12

1,432 Students

Chaparral Star Academy

Public

Grades K-12

372 Students

Westwood High School

Public

Grades 9-12

2,820 Students

Bowie High School

Public

Grades 9-12

2,782 Students

Harmony School of Endeavor Austin

Public

Grades PK-12

896 Students

Top Apartments in Austin

Houses for Rent in Austin

Living in Austin

History

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Austin, TX has a uniquely colorful history, from its earliest beginnings in the Republic of Texas to the present day. That history pervades many of the oldest neighborhoods in town, such as the 106 blocks that make up the Old West Austin Historic District. Central East Austin was known for many years as the heart of the city's African-American community, a rich historical and cultural legacy that organizations such as the East Austin Black History Project are actively working to preserve. And while you're looking for your new residence, pay a visit to the oldest existing residence in Austin. The French Legation Museum began its saga as a private home in 1841, and it's still open to guests.

Highlights

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Renters living in Austin, TX pay an average of $1,825/month to rent an apartment, 33% higher than the Texas state average. City dwellers exploring houses for rent in Austin can expect to pay around $2,350/month. For those looking to buy, the average house is valued at $557,910, compared to the state average of $290,863.

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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 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.