The University of Texas at Austin is among the most respected institutions in the country, offering a superb academic climate in one of America’s most vibrant and exciting cities. Longhorns games at Texas Memorial Stadium and the Frank Erwin Center always offer a wild time with thousands of your closest friends. Free activities on campus like movies at the Texas Union ensure that you’ll always have something to do even if cash is a little tight.
Guadalupe Street along the western edge of campus is packed with great bars, venues, and restaurants (prepare to fall in love with Torchy’s Tacos); this area is also where you’ll find the most affordable and abundant apartments, condos, and houses within walking distance of the main campus. Downtown Austin is only a few blocks away, putting the best of Austin at your fingertips – between the 6th Street nightlife and the live music basically everywhere, there’s no limit to the possibilities for your after-hours adventures.
When you’re feeling adventurous, head over to the Shoal Creek Greenbelt or Ladybird Lake for outdoor fun in the heart of the city.
Bevo, the Longhorns mascot
A beautiful view of the UT campus
Aerial view of the UT campus
Texas Memorial Stadium, home of the Longhorns
As of May 2025, the average apartment rent in Austin, TX is $1,249 for a studio, $1,434 for one bedroom, $1,855 for two bedrooms, and $2,426 for three bedrooms. Apartment rent in Austin has decreased by -4.7% in the past year.
Studio
466 sq ft
Average Sq Ft
$1,249/month
Average Rent
1 BR
714 sq ft
Average Sq Ft
$1,434/month
Average Rent
2 BR
1,062 sq ft
Average Sq Ft
$1,855/month
Average Rent
3 BR
1,372 sq ft
Average Sq Ft
$2,426/month
Average Rent
Make your first apartment living experience a great one. Follow these first-time renter tips so you can enjoy (and find your way through) all the aspects of being a renter!
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.
Public
Grades K-5
984 Students
Patsy Sommer Elementary School
Public
Grades PK-5
982 Students
Elsa England Elementary School
Public
Grades PK-5
960 Students
Public
Grades PK-5
776 Students
Public
Grades PK-5
730 Students
Public
Grades 6-8
975 Students
Public
Grades 6-8
896 Students
Public
Grades 6-8
1,370 Students
Public
Grades 6-8
1,104 Students
Public
Grades 6-8
830 Students
Public
Grades 9-12
3,701 Students
Public
Grades 9-12
2,825 Students
Public
Grades 9-12
2,658 Students
Public
Grades 9-12
1,432 Students
Public
Grades 9-12
2,820 Students
3,265
Communities
907,672
Units
842
Cities
706
Communities
191,476
Units
328
Cities
649
Communities
127,018
Units
259
Cities
625
Communities
106,992
Units
221
Cities
620
Communities
164,101
Units
241
Cities
555
Communities
129,250
Units
283
Cities
† 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.
