Placemakr Downtown Austin
710 E 3rd St,
Austin, TX 78701
$1,738 - $3,276
Studio - 2 Beds
Area Guide
Downtown Austin Austin, TX
The vibrant heart of what makes Austin affectionately weird
Vibrant
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Hip
•
Urban
Situated in the heart of the city, Downtown Austin is the city’s core business, historic, and entertainment district. Downtown Austin is home to the Texas State Capitol as well as several of Austin’s renowned cultural and nightlife districts. Downtown contains the infamous Sixth Street, West Sixth Street, Red River Cultural District, Warehouse District, Rainey Street, and Second Street.
There are a wide variety of rentals available in Downtown, including plenty of luxury apartments in high-rise buildings. Renting in Downtown Austin is desirable for its convenience to all that makes Austin the beloved, weird place it is. Residents enjoy walkable and bikeable access to a host of diverse museums, galleries, bars, music venues, restaurants, food trucks, and offices. Nestled alongside the Colorado River, Downtown is also convenient to all kinds of outdoor recreation on Lady Bird Lake, from fishing to stand-up paddleboarding and everything in between.
Rent Trends
As of June 2026, the average apartment rent in Downtown Austin is $2,063 for a studio, $2,946 for one bedroom, $5,237 for two bedrooms, and $10,304 for three bedrooms. Apartment rent in Downtown Austin has increased by 1.1% in the past year.
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Studio
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508 sq ft
Average Sq Ft
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$2,063/month
Average Rent
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1 BR
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798 sq ft
Average Sq Ft
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$2,946/month
Average Rent
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2 BR
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1,321 sq ft
Average Sq Ft
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$5,237/month
Average Rent
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3 BR
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2,085 sq ft
Average Sq Ft
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$10,304/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Austin - Austin, TX is for everyday living.
Exceptionally Walkable
Walkability
100
/ 100
Good Public Transit
Transit
70
/ 100
Very Drivable
Drivability
80
/ 100
Very Bikeable
Bikeability
80
/ 100
Daily Essentials
In Downtown Austin - Austin, TX, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
100
/ 100
Exceptional Restaurant Variety Nearby
Restaurants
90
/ 100
Exceptional Café Variety Nearby
Cafes
90
/ 100
Exceptional Variety of Shops Nearby
Shopping
90
/ 100
Recreation
Downtown Austin - Austin, TX provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
90
/ 100
Exceptional Wellness Amenity Variety Nearby
Wellness
90
/ 100
Local Vibe
Get a sense of what it’s like to live in Downtown Austin - Austin, TX from everyday activity to noise and nightlife.
Highly Vibrant Atmosphere
Vibrancy
80
/ 100
Exceptional Nightlife Variety Nearby
Nightlife
100
/ 100
Very Noisy
Quiet Score
30
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Texas Memorial Museum
- Umlauf Sculpture Garden and Museum
- Shoal Creek Greenbelt Park
- Zilker Botanical Garden
- Boggy Creek Greenbelt
Commuter Rail
Airports
- Austin-Bergstrom International
Top Apartments in Downtown Austin
Houses for Rent in Downtown Austin
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
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.