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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

-4.6%

Decrease in the Last Year

As of December 2025, 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 $1,786 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,394 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,218/month
466 Sq Ft
One Bedroom
$1,381/month
713 Sq Ft
Two Bedroom
$1,786/month
1,064 Sq Ft
Three Bedroom
$2,394/month
1,384 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,307/month
706 Sq Ft
Two Bedroom
$2,251/month
997 Sq Ft
Three Bedroom
$2,621/month
1,617 Sq Ft
Four Bedroom
$4,179/month
2,373 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,734/month
568 Sq Ft
Two Bedroom
$2,623/month
896 Sq Ft
Three Bedroom
$4,163/month
1,259 Sq Ft
Four Bedroom
$3,131/month
1,591 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,362/month
929 Sq Ft
Two Bedroom
$1,617/month
1,289 Sq Ft
Three Bedroom
$2,209/month
1,558 Sq Ft
Four Bedroom
$4,842/month
2,028 Sq Ft

How much has average rent changed in Austin, TX?

In the past year, rent has decreased by 4.6%, which averages out to $64 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 December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Austin, TX
Last Updated December 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Austin, TX
Percentage*
Rent Range
2% Below $700/month
16% $700 - $1,000/month
50% $1,001 - $1,500/month
23% $1,501 - $2,000/month
10% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

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.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Georgian Acres
$871/month
566 Sq Ft
Village at Anderson Mill
$878/month
570 Sq Ft
Heritage Hills
$939/month
597 Sq Ft
Tanglewood Forest
$970/month
603 Sq Ft
Quail Creek
$972/month
639 Sq Ft
Village Oaks
$984/month
692 Sq Ft
North Lamar
$985/month
669 Sq Ft
Walnut Forest
$988/month
669 Sq Ft
North Oaks
$988/month
669 Sq Ft
Highland Hills
$997/month
613 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.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Warehouse District
$3,431/month
835 Sq Ft
Rainey Street
$3,429/month
700 Sq Ft
Rainey Street District
$3,421/month
700 Sq Ft
Wooldridge Square
$3,228/month
791 Sq Ft
Congress Avenue District
$3,198/month
801 Sq Ft
2nd Street District
$3,118/month
824 Sq Ft
Seaholm District
$3,063/month
828 Sq Ft
Market District
$3,046/month
806 Sq Ft
Lost Creek
$3,044/month
831 Sq Ft
Sixth Street District
$3,023/month
731 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 .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Northeast Austin
$1,264/month
727 Sq Ft
North Austin
$1,313/month
699 Sq Ft
Northwest Austin
$1,361/month
733 Sq Ft
East Austin
$1,909/month
728 Sq Ft
South Austin
$1,324/month
708 Sq Ft
Midtown Austin
$1,479/month
685 Sq Ft
South Central Austin
$2,112/month
747 Sq Ft
Southeast Austin
$1,341/month
726 Sq Ft
East Riverside-Oltorf
$1,588/month
732 Sq Ft
Riverside
$1,508/month
723 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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 - $2,394. You can expect to pay 4.8% less for groceries, 1.1% less for utilities, and 4.4% less for transportation.

City

Austin, TX

38,823 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Austin, TX

Apartment Averages

Georgian Acres

Austin, TX

Warehouse District

Austin, TX

Studio
$766/month
$2,486/month
One Bedroom
$866/month
$3,439/month
Two Bedroom
$1,276/month
$5,525/month
Three Bedroom
$1,836/month
$11,127/month
Search
Search

Nearby City Rent Trends

  • West Lake Hills Average Rent

Apartment communities in Austin we think you'll love

Beck at Wells Branch

Beck at Wells Branch

2801 Wells Branch Pky,
Austin, TX 78728

$1,070 - $2,000

1-3 Beds

Edison Austin

Edison Austin

4711 E Riverside Dr,
Austin, TX 78741

$1,095 - $2,295

Studio - 2 Beds

Trinity Estancia

Trinity Estancia

801 Steel Timber Dr,
Manchaca, TX 78652

$1,045 - $2,235

1-3 Beds

Eightyone10 Blue Goose

Eightyone10 Blue Goose

8110 Blue Goose Rd,
Manor, TX 78653

$1,035 - $2,040

Studio - 3 Beds

Property Management Companies in Austin, TX

Greystar
Greystar
  • 3,444

    Communities

  • 948,990

    Units

  • 883

    Cities

100 Communities in Austin
Willow Bridge
Willow Bridge
  • 715

    Communities

  • 198,303

    Units

  • 340

    Cities

28 Communities in Austin
RPM
RPM
  • 626

    Communities

  • 170,606

    Units

  • 245

    Cities

27 Communities in Austin
CWS Capital Partners
CWS Capital Partners
  • 100

    Communities

  • 30,498

    Units

  • 40

    Cities

24 Communities in Austin
MAA
MAA
  • 291

    Communities

  • 101,382

    Units

  • 116

    Cities

16 Communities in Austin
Kairoi Residential
Kairoi Residential
  • 84

    Communities

  • 24,293

    Units

  • 28

    Cities

16 Communities in Austin
Gordon & Bilyeu Property Management
Gordon & Bilyeu Property Management
  • 19

    Communities

  • 1,062

    Units

  • 4

    Cities

16 Communities in Austin
Cushman & Wakefield
Cushman & Wakefield
  • 498

    Communities

  • 114,982

    Units

  • 252

    Cities

15 Communities in Austin

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United States Texas Austin Rental Trends

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.

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