Last updated
Average Rent in Austin, TX & Rent Trends
Rent prices and market trends across 8 apartment communities in Austin, TX. Updated daily.
Market Average
$1,481/mo
▲ +13.7% from last month
Lowest Available
$995/mo
cheapest unit on market
Communities
8
tracked daily
Units Listed
35
available now
Price Cuts This Week in Austin, TX
21 listed units across 1 building offering 4 bed units in Austin, TX dropped their asking rent in the past 7 days, an average cut of $257/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Hillside on Cannon | Unit 1023, 2x2 | $1,474 | $1,169 | $305 |
| Hillside on Cannon | Unit 1115, 2x2 | $1,499 | $1,194 | $305 |
| Hillside on Cannon | Unit 1132, 2x2 | $1,323 | $1,019 | $304 |
| Hillside on Cannon | Unit 1017, 2x2 | $1,356 | $1,059 | $297 |
| Hillside on Cannon | Unit 1112, 2x2 | $1,491 | $1,194 | $297 |
| Hillside on Cannon | Unit 1222, 2x2 | $1,266 | $969 | $297 |
| Hillside on Cannon | Unit 1235, 2x2 | $1,341 | $1,044 | $297 |
| Hillside on Cannon | Unit 432, 2x2 | $1,281 | $984 | $297 |
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 | $3,632 | ▼ $128 | $1,029 | 21 | 357 |
| South Lamar | $2,619 | ▲ $37 | $774 | 31 | 389 |
| Windsor Park | $2,192 | ▲ $75 | $708 | 13 | 286 |
| Govalle | $2,091 | ▼ $37 | $878 | 17 | 393 |
| Windsor Road | $2,077 | ▼ $164 | $1,029 | 4 | 37 |
| Cherrywood | $2,019 | ▼ $122 | $671 | 3 | 37 |
| Northwest Hills | $1,918 | ▲ $7 | $1,579 | 1 | 8 |
Is Rent Going Up or Down in Austin, TX?
As of August 2026, the average rent in Austin, TX is $1,481 per month across 8 apartment communities and 35 available units. Rents have increased $171 (13.7%) over the past month.
The most affordable option is Regents West at 24th starting at $995/mo. By unit type, a 4-bedroom averages $1,481/mo.
Prices range from $995 to $1,799 per month. The most common price point is the $1,600 range, where 15 units are currently listed.
Austin, TX Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| May 2026 | $1,224 | - | 5 |
| June 2026 | $1,196 | -$28 | 6 |
| July 2026 | $1,230 | +$34 | 8 |
| August 2026 | $1,305 | +$75 | 8 |
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
Rent Prices by Apartment in Austin, TX
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Regents West at 24th | $995/mo | $995/mo | 1 | 3.9 |
| Regents West at 26th | $995/mo | $1,053/mo | 6 | 4 |
| Collective on Riverside | $1,349/mo | $1,552/mo | 6 | 3.5 |
| Vibe on Riverside | $1,375/mo | $1,526/mo | 6 | 3 |
| The James on Grand Avenue | $1,449/mo | $1,449/mo | 1 | 3.8 |
| Estates at East Riverside | $1,459/mo | $1,635/mo | 12 | 3.1 |
| Hillside on Cannon | $1,461/mo | $1,594/mo | 2 | 3.7 |
Frequently Asked Questions About Rent in Austin, TX
What is the average rent in Austin, TX?
Is rent going up or down in Austin, TX?
What is the cheapest apartment in Austin, TX?
How many apartments are available 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
$59,000/year
Based on the 30 percent rule, using our tracked average rent of $1,481/mo.
Comfortable income
$71,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($995/mo), you need to earn at least $40,000/year.
Median household income in Austin, TX is $91,461 , about 29% 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) | $1,481 |
| Utilities | $543 |
| Groceries | $502 |
| Transportation | $1,295 |
| Healthcare | $632 |
| Other goods and services | $1,011 |
| Estimated total | $5,464/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.
Google Search Trends for Austin, TX Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Austin, TX Apartments
Browse all 8 communities with daily-updated pricing and availability.