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Average Rent in Austin TX & Rent Trends

Rent prices and market trends across 5 apartment communities in Austin TX. Updated daily.

Market Average

$1,457/mo

▼ 7.4% from last month

Lowest Available

$999/mo

cheapest unit on market

Communities

5

tracked daily

Units Listed

35

available now

Rent by Neighborhood in Austin TX

Compare average rent across Austin TX neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent From Properties Units
Downtown Austin $2,989 $1,029 21 458
Windsor Road $2,493 $1,195 5 60
Windsor Park $2,151 $1,150 11 247
University of Texas at Austin $2,063 $1,399 3 46
Govalle $1,988 $803 15 429
North Austin Civic Association $1,851 $949 5 79
Four Points $1,848 $1,384 1 15

Is Rent Going Up or Down in Austin TX?

As of May 2026, the average rent in Austin TX is $1,457 per month across 5 apartment communities and 35 available units. Rents have decreased $103 (7.4%) over the past month.

The most affordable option is Vibe on Riverside starting at $999/mo. By unit type, a 4-bedroom averages $1,457/mo.

Prices range from $999 to $1,933 per month. The most common price point is the $1,200 range, where 19 units are currently listed.

Austin TX Rent Price History

Rent Price Distribution

Rent by Bedroom Type in Austin TX

4 Bed
$1,457
from $999 · 35 units

Rent Prices by Apartment in Austin TX

Property Starting at Average Units Rating
Vibe on Riverside $999/mo $1,413/mo 5 3
Estates at East Riverside $1,361/mo $1,379/mo 22 3.1
Mia Riverside $1,599/mo $1,599/mo 3 3.9
Hillside on Cannon $1,608/mo $1,745/mo 4 3.7
The Metropolis Apartments Austin $1,799/mo $1,799/mo 1 3.9

Google Search Trends for Austin TX Apartments

Search interest for apartments in this area over the past 12 months.

Search Interest Over Time

Frequently Asked Questions About Rent in Austin TX

What is the average rent in Austin TX?
The average rent in Austin TX is $1,457 per month as of May 2026, based on 35 units across 5 apartment communities.
Is rent going up or down in Austin TX?
Rent in Austin TX has decreased $103 (7.4%) over the past month. The current average is $1,457/mo.
What is the cheapest apartment in Austin TX?
The most affordable apartment in Austin TX is Vibe on Riverside with units starting at $999/mo.
How many apartments are available in Austin TX?
There are 35 units available across 5 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

$58,000/year

30 percent rule -- using our average rent of $1,457/mo.

Comfortable income

$70,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($999/mo), you need to earn at least $40,000/year.

Median household income in Austin TX is $91,461 , about 31% above 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) $1,457
Utilities $543
Groceries $502
Transportation $1,295
Healthcare $632
Other goods and services $1,011
Estimated total $5,440/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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