The Springs
289 Springs Ln,
Dripping Springs, TX 78620
1-3 Beds | $995 - $1,728
Rental Market Trends in Dripping Springs, TX
What is the average rent in Dripping Springs, TX?
$1,486/month
Average Rent
765 Sq Ft
Average Apartment Size
-3.4%
Decrease in the Last Year
As of May 2025, the average rent in Dripping Springs, TX is $1,486 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Dripping Springs rent prices are 9% lower than the national average. When you rent an apartment in Dripping Springs, you can expect to pay about $1,453 per month for a studio, $1,486 for a one-bedroom apartment, and around $1,877 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,872 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 Dripping Springs, TX?
In the past year, rent has decreased by 3.4%, which averages out to $50 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 May 2025
Legend
2024
2025
Rent Ranges in Dripping Springs, TX
Last Updated May 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
80%
$1,501 - $2,000/month
20%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Dripping Springs?
Based on current rent prices, Hill Country is the most affordable neighborhood in Dripping Springs.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Dripping Springs?
Based on current rent prices, Hill Country is the most expensive neighborhood in Dripping Springs.
Neighborhood
Average Rent
Average Sq Ft
Which Dripping Springs neighborhoods have the most rentals available?
The neighborhood in Dripping Springs with the most apartments available is Hill Country .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Dripping Springs, TX?
Because the average rent in Dripping Springs is $1,486, you’ll want to make about $4,953 per month or $59,436 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.
How does Dripping Springs, TX compare to other nearby cities and neighborhoods?
Use the tool below to compare Dripping Springs, 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
$1,438/month
$1,438/month
One Bedroom
$1,419/month
$1,419/month
Two Bedroom
$1,859/month
$1,859/month
Three Bedroom
$2,176/month
$2,176/month
Nearby City Rent Trends
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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 February 2025.
* Percentages may not total 100 due to rounding.