Greystone Flats Apartments
3524 Greystone Dr,
Austin, TX 78731
$1,125 - $1,550
1-2 Beds
Known for its beautiful landscaping and quiet streets, Northwest Hills (also known as Far West) ranks as a must-see for anyone looking to settle down and raise a family in the suburbs. While residents of all ages enjoy the community atmosphere and modern apartments, the area provides access to a plethora of family-friendly amenities such as schools and parks.
Doss School Park is adjacent to the elementary school with the same name – and Murchison Middle School is just a short walk to both. The beauty of Northwest Hills in unmatched, thanks to the Colorado River and Bright Leaf Preserve.
Locals look forward to afternoons at the Shalom Austin community center, viewing paintings at the Art Galleries studio, and having a nice meal at Saffron.
As of December 2025, the average apartment rent in Northwest Hills is $967 for a studio, $1,028 for one bedroom, $1,388 for two bedrooms, and $1,858 for three bedrooms. Apartment rent in Northwest Hills has decreased by -4.2% in the past year.
Studio
326 sq ft
Average Sq Ft
$967/month
Average Rent
1 BR
656 sq ft
Average Sq Ft
$1,028/month
Average Rent
2 BR
970 sq ft
Average Sq Ft
$1,388/month
Average Rent
3 BR
1,351 sq ft
Average Sq Ft
$1,858/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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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 November 2025.