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Average Rent in Austin, TX & Rent Trends

Rent prices and market trends across 69 apartment communities in Austin, TX. Updated daily.

Market Average

$2,698/mo

Lowest Available

$891/mo

cheapest unit on market

Communities

69

tracked daily

Units Listed

216

available now

Price Cuts This Week in Austin, TX

287 listed units across 39 buildings offering 3 bed units in Austin, TX dropped their asking rent in the past 7 days, an average cut of $81/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
The Bowie Unit 3407, C2 $15,000 $11,088 $3,912
The Wyatt Unit 20577 $3,387 $2,868 $519
Hanover Brazos Street Unit 22, 12mo lease $5,826 $5,349 $477
Saison North Unit 6, B1 $1,800 $1,383 $417
Encore Lakeside Luxury Apartments Unit 10 $2,640 $2,365 $275
Encore Lakeside Luxury Apartments Unit 11, Cantata II $2,926 $2,651 $275
Encore Lakeside Luxury Apartments Unit 12, Cantata I $2,845 $2,570 $275
Encore Lakeside Luxury Apartments Unit 13, Ensemble I $2,904 $2,629 $275
See today's prices on all 216 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 $3,813 ▲  $16 $995 25 370
South Lamar $2,402 ▲  $1 $699 36 456
Windsor Road $2,268 ▲  $46 $1,019 9 61
Windsor Park $2,200 ▼  $54 $740 13 269
Westlake Oaks Executive Park $2,184 ▲  $158 $1,496 2 28
Govalle $2,080 ▼  $13 $659 17 377
Cherrywood $2,024 ▼  $52 $1,171 2 21

Is Rent Going Up or Down in Austin, TX?

As of September 2026, the average rent in Austin, TX is $2,698 per month across 69 apartment communities and 216 available units.

The most affordable option is Saison North starting at $891/mo. By unit type, a 3-bedroom averages $2,698/mo.

Prices range from $891 to $19,614 per month. The most common price point is the $1,400 range, where 46 units are currently listed.

Austin, TX Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
March 2026 $2,366 - 6
April 2026 $1,838 -$528 39
May 2026 $1,728 -$110 45
June 2026 $1,800 +$72 47
July 2026 $1,789 -$11 59
August 2026 $1,755 -$34 62
September 2026 $1,764 +$9 63

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.

Rent Price Distribution

Rent by Bedroom Type in Austin, TX

3 Bed
$2,698
from $891 · 216 units

Rent Prices by Apartment in Austin, TX

Property Starting at Average Units Rating
Saison North $891/mo $891/mo 1 4
Camden Downtown $1,029/mo $1,174/mo 2 4
Camden Rainey Street Apartments $1,029/mo $1,174/mo 2 4.3
Hillside on Cannon $1,148/mo $1,300/mo 13 3.7
District on La Frontera $1,155/mo $1,155/mo 1 2.9
Regents West at 24th $1,235/mo $1,235/mo 1 3.9
Bridge at Canyon View $1,270/mo $1,348/mo 12 4.3

Frequently Asked Questions About Rent in Austin, TX

What is the average rent in Austin, TX?

The average rent in Austin, TX is $2,698 per month as of September 2026, based on 216 units across 69 apartment communities.

Is rent going up or down in Austin, TX?

The current average rent in Austin, TX is $2,698/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Austin, TX?

The most affordable apartment in Austin, TX is Saison North with units starting at $891/mo.

How many apartments are available in Austin, TX?

There are 216 units available across 69 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

$108,000/year

Based on the 30 percent rule, using our tracked average rent of $2,698/mo.

Comfortable income

$130,000/year

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

To afford the cheapest tracked apartment ($891/mo), you need to earn at least $36,000/year.

Median household income in Austin, TX is $91,461 , about 29% 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) $2,698
Utilities $543
Groceries $502
Transportation $1,295
Healthcare $632
Other goods and services $1,011
Estimated total $6,681/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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