Last updated April 8, 2026

Average Rent in Downtown Austin & Rent Trends

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

Area All Neighborhoods Barton Hills Bluff Springs Central East Austin Downtown Austin East Riverside - Oltorf East Side Govalle Mueller Mueller North South Austin South Austin South

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed

Market Average

$2,768

/month

▲ +13.8% from last month

Lowest Available

$1,649

Communities

Units Listed

Downtown Austin vs Austin TX Average

Downtown Austin is more expensive the Austin TX average by $828/mo (43%). The citywide average is $1,940/mo across all neighborhoods.

Is Rent Going Up or Down in Downtown Austin?

As of April 2026, the average rent in Downtown Austin is $2,768 per month across 5 apartment communities and 67 available units. Rents have increased $341 (13.8%) over the past month.

The most affordable option is Camden Rainey Street starting at $1,649/mo. By unit type, a studio averages $2,055/mo, a 1-bedroom averages $2,600/mo, a 2-bedroom averages $4,021/mo, a 3-bedroom averages $5,303/mo.

Prices range from $1,649 to $5,303 per month. The most common price point is the $2,400 range, where 16 units are currently listed.

Downtown Austin Rent Price History

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Downtown Austin

Studio

$2,055

from $1,649 · 13 units

1 Bed

$2,600

from $1,989 · 42 units

2 Bed

$4,021

from $2,822 · 11 units

3 Bed

$5,303

from $5,303 · 1 units

Rent Prices by Apartment in Downtown Austin

Property	Starting at	Average	Units	Rating
Camden Rainey Street	$1,649/mo	$2,094/mo	2	4.3
The Quincy	$1,659/mo	$2,665/mo	21	4.4
Water Marq	$1,966/mo	$3,120/mo	13	-
Gables Republic Square	$1,989/mo	$2,760/mo	6	4.7
AMLI Downtown	$2,298/mo	$2,728/mo	25	3.9