As the second quarter of 2026 closed, Austin apartments ask an average of $1,983 a month. That figure runs 7.8% above the current US median asking rent of $1,839, and it clears the $1,542 median for Texas as a whole. Austin sits among the more expensive corners of an otherwise affordable state.
The spread behind that average is wide. Listed rents run from $699 at the low end to $14,897 at the top, and most of that gap tracks geography, as the neighborhood breakdown shows.
Rent by Austin neighborhood
Downtown Austin leads the city at an average asking rent of $3,561 across 21 properties, close to double the citywide figure. South Lamar follows at $2,703 and carries the largest sample on the list at 31 properties. Prices step down sharply from there.
| Neighborhood | Avg asking rent | Properties |
|---|---|---|
| Downtown Austin | $3,561 | 21 |
| South Lamar | $2,703 | 31 |
| Windsor Park | $2,178 | 14 |
| Govalle | $2,079 | 16 |
| North Austin Civic Association | $1,868 | 5 |
| University of Texas at Austin | $1,789 | 5 |
| Jollyville | $1,543 | 20 |
| Slaughter Creek | $1,524 | 9 |
Downtown Austin and South Lamar stand alone at the top, the only two neighborhoods where the average clears $2,703. The middle of the market holds Windsor Park at $2,178 and Govalle at $2,079, both near the citywide $1,983, with the area around the University of Texas at Austin at $1,789. Jollyville and Slaughter Creek anchor the affordable end at $1,543 and $1,524.
How Austin compares
At $1,983, Austin’s average asking rent sits above both the $1,839 US median and the $1,542 Texas median. The gap over the state median is the wider of the two. Measured against the national median, Austin runs 7.8% higher.
Explore the data
Austin’s numbers move as new listings post and prices refresh. Track the citywide direction on the Austin rent trends page, compare communities from the Austin overview, or step back to Texas rent trends and the US rent trends pillar. To filter live Austin listings by price and bedroom count, start a search, and see how the data works for the full methodology.
Based on real asking prices across tracked Austin apartments, reflecting the market as the second quarter of 2026 closed and refreshed every morning.