Beck at Wells Branch
2801 Wells Branch Pky,
Austin, TX 78728
$1,070 - $2,000
1-3 Beds
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
-4.7%
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 $1,632/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 $1,218 per month for a studio, $1,381 for a one-bedroom apartment, and around $1,787 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
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Austin, TX?
In the past year, rent has decreased by 4.7%, which averages out to $64 less per month.
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Austin?
Based on current rent prices, Georgian Acres, Village at Anderson Mill and Heritage Hills are the most affordable neighborhoods in Austin.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Austin?
Based on current rent prices, Warehouse District, Rainey Street and Rainey Street District are the most expensive neighborhoods in Austin.
Neighborhood
Average Rent
Average 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 .
Neighborhood
Average Rent
Average Sq Ft
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 $1,218 - $2,395. You can expect to pay 4.8% less for groceries, 1.1% less for utilities, and 4.4% less for transportation.
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.
Studio
$768/month
$2,486/month
One Bedroom
$870/month
$3,439/month
Two Bedroom
$1,276/month
$5,525/month
Three Bedroom
$1,836/month
$11,127/month
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3,444
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Willow Bridge
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RPM
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625
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CWS Capital Partners
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100
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MAA
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291
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101,382
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Kairoi Residential
-
84
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24,293
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28
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Gordon & Bilyeu Property Management
-
19
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1,062
Units
-
4
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16 Communities in Austin
Cushman & Wakefield
-
497
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114,742
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252
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15 Communities in Austin
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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 November 2025.
* Percentages may not total 100 due to rounding.