Last updated
Average Rent in Austin 78748 & Rent Trends
Rent prices and market trends across 9 apartment communities in Austin 78748, Austin TX. Updated daily.
Market Average
$1,564/mo
▼ 18.7% from last month
Lowest Available
$1,212/mo
cheapest unit on market
Communities
9
tracked daily
Units Listed
100
available now
Austin 78748 vs Austin TX Average
Austin 78748 is cheaper the Austin TX average by $301/mo (16%). The citywide average is $1,865/mo across all neighborhoods.
Is Rent Going Up or Down in Austin 78748?
As of May 2026, the average rent in Austin 78748 is $1,564 per month across 9 apartment communities and 100 available units. Rents have decreased $333 (18.7%) over the past month.
The most affordable option is Saddle Creek & The Cove starting at $1,212/mo. By unit type, a 2-bedroom averages $1,564/mo.
Prices range from $1,212 to $2,310 per month. The most common price point is the $1,400 range, where 39 units are currently listed.
Austin 78748 Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Austin 78748
Rent Prices by Apartment in Austin 78748
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Saddle Creek & The Cove | $1,212/mo | $1,361/mo | 17 | 4.3 |
| Iron Rock Ranch | $1,299/mo | $1,492/mo | 17 | 3.8 |
| Cortland Onion Creek | $1,366/mo | $1,452/mo | 4 | 4.6 |
| Bridge at Southpark Landing Apartments | $1,410/mo | $1,523/mo | 31 | 4.5 |
| The Rowan at Southwest Austin | $1,441/mo | $1,495/mo | 2 | 4.7 |
| The Martingale | $1,500/mo | $1,802/mo | 11 | 4.1 |
| Camden Shadow Brook Apartments | $1,541/mo | $1,576/mo | 2 | 4.1 |
Google Search Trends for Austin 78748 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Austin 78748
What is the average rent in Austin 78748?
Is rent going up or down in Austin 78748?
What is the cheapest apartment in Austin 78748?
How many apartments are available in Austin 78748?
What salary do I need to live comfortably in Austin 78748?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$63,000/year
30 percent rule -- using our average rent of $1,564/mo.
Comfortable income
$75,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,212/mo), you need to earn at least $48,000/year.
Median household income in Austin 78748 is $91,461 , about 22% above the comfortable-living threshold.
Cost of living in Austin 78748
Overall prices in Austin 78748 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 78748's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,564 |
| Utilities | $543 |
| Groceries | $502 |
| Transportation | $1,295 |
| Healthcare | $632 |
| Other goods and services | $1,011 |
| Estimated total | $5,547/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.
Explore Austin 78748 Apartments
Browse all 9 communities with daily-updated pricing and availability.