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Average Rent in Austin, TX & Rent Trends

Rent prices and market trends across 247 apartment communities in Austin, TX. Updated daily.

Market Average

$2,029/mo

▲ +3.7% from last month

Lowest Available

$659/mo

cheapest unit on market

Communities

247

tracked daily

Units Listed

4395

available now

Price Cuts This Week in Austin, TX

986 listed units across 123 buildings in Austin, TX dropped their asking rent in the past 7 days, an average cut of $97/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Hanover Brazos Street Unit 20, 12mo lease $10,432 $5,694 $4,738
Hanover Brazos Street Unit 22, 12mo lease $10,280 $5,826 $4,454
Hanover Brazos Street Unit 26, 12mo lease $10,432 $6,126 $4,306
Hanover Brazos Street Unit 12, 12mo lease $5,694 $3,481 $2,213
Hanover Brazos Street Unit 14, 12mo lease $5,826 $4,014 $1,812
Hanover Brazos Street Unit 8, 12mo lease $4,395 $2,696 $1,699
Hanover Brazos Street Unit 18, 12mo lease $6,126 $4,446 $1,680
The Waller Unit 83 $4,370 $2,821 $1,549
See today's prices on all 4395 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 $4,447 ▲  $79 $1,019 24 439
South Lamar $2,447 ▲  $31 $699 36 474
Westlake Oaks Executive Park $2,226 ▲  $277 $1,496 2 27
Windsor Park $2,190 ▼  $116 $743 13 258
Windsor Road $2,160 ▲  $84 $1,019 4 39
Govalle $2,065 ▲  $3 $659 19 413
Johnston Terrace $1,964 ▲  $19 $1,338 3 66

Is Rent Going Up or Down in Austin, TX?

As of September 2026, the average rent in Austin, TX is $2,029 per month across 247 apartment communities and 4395 available units. Rents have increased $72 (3.7%) over the past month.

The most affordable option is Corazon starting at $659/mo. By unit type, a studio averages $2,574/mo, a 1-bedroom averages $1,752/mo, a 2-bedroom averages $2,208/mo, a 3-bedroom averages $2,769/mo, a 4-bedroom averages $1,450/mo, a 5-bedroom averages $1,301/mo.

Prices range from $659 to $22,785 per month. The most common price point is the $1,200 range, where 680 units are currently listed.

Austin, TX Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
March 2026 $1,915 - 28
April 2026 $1,706 -$209 134
May 2026 $1,761 +$55 176
June 2026 $1,809 +$48 178
July 2026 $1,787 -$22 215
August 2026 $1,764 -$23 222
September 2026 $1,758 -$6 221

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Austin, TX

Studio
$2,574
from $659 · 454 units
1 Bed
$1,752
from $682 · 2285 units
2 Bed
$2,208
from $739 · 1399 units
3 Bed
$2,769
from $891 · 216 units
4 Bed
$1,450
from $995 · 37 units
5 Bed
$1,301
from $1,115 · 4 units

Rent Prices by Apartment in Austin, TX

Property Starting at Average Units Rating
Corazon $659/mo $2,056/mo 25 4.2
Hillside Creek $682/mo $915/mo 17 3.4
Bridge at South Point Apartments $699/mo $803/mo 16 3.7
Soco At Alpine $699/mo $916/mo 3 2.9
Mission James Place Apartments $739/mo $739/mo 1 3.8
The Lowell at Mueller $743/mo $949/mo 46 4.1
Terrace Cove $750/mo $873/mo 12 3.5

Frequently Asked Questions About Rent in Austin, TX

What is the average rent in Austin, TX?

The average rent in Austin, TX is $2,029 per month as of September 2026, based on 4395 units across 247 apartment communities.

Is rent going up or down in Austin, TX?

Rent in Austin, TX has increased $72 (3.7%) over the past month. The current average is $2,029/mo.

What is the cheapest apartment in Austin, TX?

The most affordable apartment in Austin, TX is Corazon with units starting at $659/mo.

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

A 1-bedroom apartment in Austin, TX averages $1,752/mo, with prices starting at $682/mo across 2285 available units.

How many apartments are available in Austin, TX?

There are 4395 units available across 247 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

$81,000/year

Based on the 30 percent rule, using our tracked average rent of $2,029/mo.

Comfortable income

$97,000/year

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

To afford the cheapest tracked apartment ($659/mo), you need to earn at least $26,000/year.

Median household income in Austin, TX is $91,461 , about 6% 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) $2,029
Utilities $543
Groceries $502
Transportation $1,295
Healthcare $632
Other goods and services $1,011
Estimated total $6,012/mo

Population

967,862

Median household income

$91,461

Census median rent

$1,655/mo

Census rent burden

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.

Explore Austin, TX Apartments

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