Beck at Wells Branch
2801 Wells Branch Pky,
Austin, TX 78728
1-3 Beds | $1,080 - $1,885
Rental Market Trends in Austin, TX
What is the average rent in Austin, TX?
$1,419/month
Average Rent
714 Sq Ft
Average Apartment Size
-0.3%
Decrease in the Last Year
Austin, TX Rental Market Overview
The average rent in Austin, TX is $1,419 per month. For comparison, the national average rent price in the US is currently $1,662/month, which means Austin rent prices are 15% lower than the national average.
- Studio apartments in Austin average $1,226 per month.
- One-bedroom apartments in Austin average $1,419 per month.
- Two-bedroom apartments in Austin average $1,843 per month.
- Three-bedroom apartments in Austin average $2,460 or more per month.
Data Updated: July 1, 2026
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 0.3%, which averages out to $4 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2026
Legend
2025
2026
Rent Ranges in Austin, TX
Last Updated July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
2%
Below $700/month
16%
$700 - $1,000/month
47%
$1,001 - $1,500/month
22%
$1,501 - $2,000/month
12%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Austin?
Based on current rent prices, Heritage Hills, Georgian Acres and Coronado 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, Lost Creek, Warehouse District and Wooldridge Square 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 North Austin, Northwest Austin and South 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 $1,419, you’ll want to make about $4,730 per month or $56,760 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 4.6% less expensive than the national average, with rent falling between $1,226 - $2,460. You can expect to pay 4.4% less for groceries, 1.0% less for utilities, and 4.9% 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
$775/month
-
One Bedroom
$965/month
-
Two Bedroom
$1,341/month
-
Three Bedroom
$1,639/month
-
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Austin?
The average rent in Austin is $1,419 per month, which is 14.6% lower than the national average of $1,662.
What is the average rent for a house in Austin?
The average rent for a house in Austin, TX is $2,767 per month.
What is the average rent for a townhome in Austin?
The average rent for a townhome in Austin, TX is $1,700 per month.
What is the average rent for a condo in Austin?
The average rent for a condo in Austin, TX is $1,820 per month.
Are rents going up or down in Austin?
Rents in Austin, TX are decreasing, with prices down 0.3% year-over-year and $4 less per month.
What rent range is most common in Austin?
In Austin, TX, 47% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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.
* Percentages may not total 100 due to rounding.