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Average Rent in Austin, TX & Rent Trends

Rent prices and market trends across 217 apartment communities in Austin, TX. Updated daily.

Market Average

$2,043/mo

▼ 4.5% from last month

Lowest Available

$699/mo

cheapest unit on market

Communities

217

tracked daily

Units Listed

3740

available now

Price Cuts This Week in Austin, TX

397 listed units across 54 buildings in Austin, TX dropped their asking rent in the past 7 days, an average cut of $68/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Alexan Waterloo Unit 2902, PH2 $11,316 $10,338 $978
Residences at 6G Unit 3806, A4-B ANSI $5,935 $5,188 $747
The Waller Unit 315 $2,856 $2,440 $416
Alexan Waterloo Unit 2008, B0 $4,355 $3,981 $374
Alexan Waterloo Unit 2808, B0 $4,355 $3,981 $374
Marq Uptown Unit 17194 $3,408 $3,064 $344
Fivetwo at Highland Unit 15, B2 $2,504 $2,162 $342
The Quincy Unit 1411, B5 $4,555 $4,225 $330
See today's prices on all 3740 listed units

Rent by Neighborhood in Austin, TX

Compare average rent across Austin, TX neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood Avg Rent 30d Change From Properties Units
Downtown Austin $3,772 ▲  $147 $1,129 22 392
South Lamar $2,701 ▲  $14 $699 31 413
Windsor Road $2,286 ▼  $90 $1,095 4 43
Windsor Park $2,192 ▲  $2 $813 14 283
Govalle $2,190 ▲  $63 $888 17 439
Cherrywood $2,003 ▲  $39 $1,103 3 29
Northwest Hills $1,909 ▼  $131 $1,786 1 5

Is Rent Going Up or Down in Austin, TX?

As of July 2026, the average rent in Austin, TX is $2,043 per month across 217 apartment communities and 3740 available units. Rents have decreased $82 (4.5%) over the past month.

The most affordable option is Soco At Alpine starting at $699/mo. By unit type, a studio averages $2,487/mo, a 1-bedroom averages $1,754/mo, a 2-bedroom averages $2,274/mo, a 3-bedroom averages $2,566/mo, a 4-bedroom averages $1,409/mo, a 5-bedroom averages $1,233/mo.

Prices range from $699 to $14,897 per month. The most common price point is the $1,400 range, where 521 units are currently listed.

Austin, TX Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
March 2026 $1,893 - 28
April 2026 $1,695 -$198 133
May 2026 $1,752 +$57 175
June 2026 $1,800 +$48 177
July 2026 $1,777 -$23 213

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Austin, TX

Studio
$2,487
from $699 · 444 units
1 Bed
$1,754
from $715 · 1874 units
2 Bed
$2,274
from $741 · 1224 units
3 Bed
$2,566
from $940 · 162 units
4 Bed
$1,409
from $995 · 32 units
5 Bed
$1,233
from $935 · 4 units

Rent Prices by Apartment in Austin, TX

Property Starting at Average Units Rating
Soco At Alpine $699/mo $749/mo 2 2.9
District on La Frontera $715/mo $928/mo 6 2.9
Mission James Place Apartments $741/mo $741/mo 1 3.8
Terrace Cove $779/mo $891/mo 10 3.5
Bridge at South Point Apartments $799/mo $883/mo 18 3.7
Mia Riverside $799/mo $1,032/mo 51 3.9
Cannon South Apartments $800/mo $901/mo 2 4.5

Frequently Asked Questions About Rent in Austin, TX

What is the average rent in Austin, TX?

The average rent in Austin, TX is $2,043 per month as of July 2026, based on 3740 units across 217 apartment communities.

Is rent going up or down in Austin, TX?

Rent in Austin, TX has decreased $82 (4.5%) over the past month. The current average is $2,043/mo.

What is the cheapest apartment in Austin, TX?

The most affordable apartment in Austin, TX is Soco At Alpine with units starting at $699/mo.

How much is a 1-bedroom apartment in Austin, TX?

A 1-bedroom apartment in Austin, TX averages $1,754/mo, with prices starting at $715/mo across 1874 available units.

How many apartments are available in Austin, TX?

There are 3740 units available across 217 apartment communities in Austin, TX.

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

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$82,000/year

Based on the 30 percent rule, using our tracked average rent of $2,043/mo.

Comfortable income

$98,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($699/mo), you need to earn at least $28,000/year.

Median household income in Austin, TX is $91,461 , about 7% below the comfortable-living threshold.

Cost of living in Austin, TX

Overall prices in Austin, TX runs below the national average by about 2% (BEA Regional Price Parity index 98.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Austin, TX's regional price parities.

Category Monthly estimate
Rent (market average) $2,043
Utilities $543
Groceries $502
Transportation $1,295
Healthcare $632
Other goods and services $1,011
Estimated total $6,026/mo

Population

967,862

Median household income

$91,461

Census median rent

$1,655/mo

Rent as % of income

29.0%

Median age

34.5

Mean commute

24 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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