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Rental Market Trends in Dripping Springs, TX

What is the average rent in Dripping Springs, TX?

$1,397/month

Average Rent

764 Sq Ft

Average Apartment Size

-7.8%

Decrease in the Last Year

As of April 2026, the average rent in Dripping Springs, TX is $1,397 per month. For comparison, the national average rent price in the US is currently $1,640/month, which means Dripping Springs rent prices are 15% lower than the national average. When you rent an apartment in Dripping Springs, you can expect to pay about $1,342 per month for a studio, $1,397 for a one-bedroom apartment, and around $1,782 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,787 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,342/month
537 Sq Ft
One Bedroom
$1,397/month
764 Sq Ft
Two Bedroom
$1,782/month
1,118 Sq Ft
Three Bedroom
$1,787/month
1,220 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,079/month
2,046 Sq Ft
Four Bedroom
$3,955/month
2,617 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 7.8%, which averages out to $109 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Dripping Springs, TX
Last Updated April 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
$1,494/month
749 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
$1,494/month
749 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
$1,494/month
749 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 $1,397, you’ll want to make about $4,656 per month or $55,872 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

558 Available Apartments for Rent

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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
$1,342/month
$1,342/month
One Bedroom
$1,396/month
$1,396/month
Two Bedroom
$1,868/month
$1,868/month
Three Bedroom
$2,161/month
$2,161/month
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Nearby City Rent Trends

  • Bee Cave Average Rent
  • Lakeway Average Rent
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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

$1,306 - $2,756 Total Monthly Price

Studio - 2 Beds

The Springs

The Springs

289 Springs Ln,
Dripping Springs, TX 78620

$1,219 - $1,372

1-3 Beds

The Ridge at Headwaters

The Ridge at Headwaters

1040 Flathead Dr,
Dripping Springs, TX 78620

$1,170 - $2,548

1-3 Beds

Anthem at Ledge Stone

Anthem at Ledge Stone

383 Rocky Ridge Trl,
Austin, TX 78737

$1,219 - $4,919 Total Monthly Price

1-3 Beds

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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 February 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

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity