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Rental Market Trends in Dripping Springs, TX

What is the average rent in Dripping Springs, TX?

$1,355/month

Average Rent

764 Sq Ft

Average Apartment Size

-2.9%

Decrease in the Last Year

Dripping Springs, TX Rental Market Overview

The average rent in Dripping Springs, TX is $1,355 per month. This is 18% lower than the national average rent of $1,662/month, making renting in Dripping Springs more affordable than most cities in the US.

  • Studio apartments in Dripping Springs average $1,342 per month.
  • One-bedroom apartments in Dripping Springs average $1,355 per month.
  • Two-bedroom apartments in Dripping Springs average $1,762 per month.
  • Three-bedroom apartments in Dripping Springs average $1,878 or more per month.

Data Updated: July 1, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,342/month
537 Sq Ft
One Bedroom
$1,355/month
764 Sq Ft
Two Bedroom
$1,762/month
1,118 Sq Ft
Three Bedroom
$1,878/month
1,220 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,299/month
2,027 Sq Ft
Four Bedroom
$3,746/month
2,637 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 2.9%, which averages out to $39 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
Market Trends Over Time
Rent Ranges in Dripping Springs, TX
Last Updated July 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Dripping Springs, TX
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
20% $1,001 - $1,500/month
80% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Dripping Springs?

Based on current rent prices, Hill Country is the most affordable neighborhood in Dripping Springs.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hill Country
$1,509/month
770 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.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hill Country
$1,509/month
770 Sq Ft

Which Dripping Springs neighborhoods have the most rentals available?

The neighborhood in Dripping Springs with the most apartments available is Hill Country .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hill Country
$1,509/month
770 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Dripping Springs, TX?

Because the average rent in Dripping Springs is $1,355, you’ll want to make about $4,516 per month or $54,192 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.

City

Dripping Springs, TX

535 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Dripping Springs, TX

Apartment Averages

Hill Country

Dripping Springs, TX

Hill Country

Dripping Springs, TX

Studio
$1,306/month
$1,306/month
One Bedroom
$1,364/month
$1,364/month
Two Bedroom
$1,849/month
$1,849/month
Three Bedroom
$2,195/month
$2,195/month
Search
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Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Bee Cave

    Bee Cave

  • Manchaca

    Manchaca

Apartment Communities in Dripping Springs We Think You'll Love

Local Dripping Springs

Local Dripping Springs

1282 S Rob Shelton Blvd,
Dripping Springs, TX 78620

Studio - 2 Beds | $1,255 - $2,756

The Springs

The Springs

289 Springs Ln,
Dripping Springs, TX 78620

1-3 Beds | $1,176 - $1,565

The Ridge at Headwaters

The Ridge at Headwaters

1040 Flathead Dr,
Dripping Springs, TX 78620

1-3 Beds | $1,248 - $1,667

Anthem at Ledge Stone

Anthem at Ledge Stone

383 Rocky Ridge Trl,
Austin, TX 78737

1-3 Beds | $1,171 - $2,778

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Frequently Asked Questions

What is the average rent in Dripping Springs?

The average rent in Dripping Springs is $1,355 per month, which is 18.5% lower than the national average of $1,662.

What is the average rent for a house in Dripping Springs?

The average rent for a house in Dripping Springs, TX is $3,299 per month.

Are rents going up or down in Dripping Springs?

Rents in Dripping Springs, TX are decreasing, with prices down 2.9% year-over-year and $39 less per month.

What rent range is most common in Dripping Springs?

In Dripping Springs, TX, 80% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

United States Texas Dripping Springs 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 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.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity