Austin, TX Rental Market Trends
Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Austin is $1,624, a 2.87% decrease compared to the previous year, when the average rent was $1,672.
Studio Apartments at $1,288 offer the most budget-friendly option with 464 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 715 square feet for $1,405, balancing privacy and affordability.
Two-beedroom units at $1,797 offer 1,062 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,348 sq ft) for $2,359, suitable for larger households.
Average rent in Austin, TX
Last updated: February 18, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,624 | 864 sq. ft. |
| Studio | $1,288 | 464 sq. ft. |
| 1 Bed | $1,405 | 715 sq. ft. |
| 2 Beds | $1,797 | 1,062 sq. ft. |
| 3 Beds | $2,359 | 1,348 sq. ft. |
Austin, TX rent trends
What's the typical rent budget in Austin, TX?
The largest share of rentals in Austin, TX (44%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Austin, TX?
244,616 or 56% of the households in Austin, TX are renter-occupied while 195,678 or 44% are owner-occupied.
Most affordable neighborhoods in Austin?
Heritage Hills $950/month
Mesa Park $951/month
Georgian Acres $976/month
All of these neighborhoods fall below the city wide average of $1,624/month.Most expensive neighborhoods in Austin?
Central East Austin $2,561/month
Downtown Austin $3,311/month
West University $3,463/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Austin, TX By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| West University | $3,463 |
| Downtown Austin | $3,311 |
| Central East Austin | $2,561 |
| Bouldin Creek | $2,441 |
| Clarksville | $2,367 |
| SoCo | $2,338 |
| Tarrytown West Austin | $2,293 |
| North University | $2,266 |
| Westlake | $2,245 |
| Mueller | $2,228 |
| Rosedale | $2,149 |
| Zilker | $2,087 |
| Holly | $2,056 |
| The Triangle | $2,018 |
| Rosewood | $1,973 |
| Travis Heights | $1,972 |
| Steiner Ranch | $1,962 |
| East Cesar Chavez | $1,949 |
| Johnston Terrace | $1,861 |
| Govalle | $1,856 |
| Hancock | $1,838 |
| Bee Cave Woods | $1,830 |
| Long Canyon | $1,732 |
| North Burnet | $1,724 |
| Cedar Valley | $1,715 |
| Chestnut | $1,707 |
| Martin Luther King | $1,691 |
| Pilot Knob | $1,683 |
| Highland | $1,682 |
| Barton Hills | $1,653 |
| Bluebell Ridge | $1,648 |
| Brentwood | $1,643 |
| North Point | $1,616 |
| Oak Hill | $1,615 |
| Apache Shores | $1,593 |
| Bauerle Ranch | $1,593 |
| Crestview | $1,555 |
| McKinney | $1,552 |
| Montopolis | $1,551 |
| River Place | $1,542 |
| Northwood | $1,537 |
| Avery Ranch | $1,535 |
| Angus Valley | $1,534 |
| Pecan Springs Springdale | $1,523 |
| Jester Estates | $1,517 |
| South Lamar | $1,496 |
| Olympic Heights | $1,491 |
| South Congress | $1,486 |
| The Woodlands | $1,483 |
| Buckingham Estates | $1,462 |
| The Oak at Twin Creeks | $1,456 |
| McKinney Heights | $1,455 |
| North Loop | $1,448 |
| Allandale | $1,441 |
| Upper Boggy Creek | $1,430 |
| Canyon Creek | $1,429 |
| North Shoal Creek | $1,420 |
| River Oaks | $1,419 |
| Gateway | $1,413 |
| Tanglewood Oaks | $1,409 |
| Pioneer Crossing | $1,401 |
| Scofield Farms | $1,399 |
| Wooten | $1,390 |
| Bluff Springs | $1,390 |
| Windsor Park | $1,379 |
| Great Hills | $1,374 |
| East Riverside - Oltorf | $1,355 |
| Gracywoods | $1,342 |
| Copperfield | $1,339 |
| Milwood | $1,333 |
| Anderson Mill - Jollyville | $1,333 |
| Hyde Park | $1,318 |
| Dawson | $1,318 |
| Garrison Park | $1,307 |
| Galindo | $1,294 |
| Walnut Crossing | $1,284 |
| Harris Ridge | $1,270 |
| Onion Creek | $1,241 |
| Windsor Hills | $1,223 |
| Balcones Woods | $1,215 |
| Promontory Point | $1,185 |
| Northwest Hills | $1,184 |
| Franklin Park | $1,183 |
| North Lamar | $1,157 |
| North Civic Association | $1,116 |
| Westgate | $1,104 |
| University Hills | $1,096 |
| St Johns | $1,084 |
| South Manchaca | $1,074 |
| Coronado Hills | $1,038 |
| Georgian Acres | $976 |
| Mesa Park | $951 |
| Heritage Hills | $950 |
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Austin | Rent Comparison by Neighborhood
Rent in Allandale is 8% higher than in Anderson Mill - Jollyville
$1,441
Allandale rent is 11% lower than Austin average
Average Rent
$1,441
$1,333
Anderson Mill - Jollyville rent is 18% lower than Austin average
Average Rent
$1,333
How Austin Compares to Other Cities
| City | Average Rent |
|---|---|
| Austin | $1,624 |
| Houston | $1,343 |
| San Antonio | $1,255 |
| Dallas | $1,576 |
| Fort Worth | $1,428 |
| Irving | $1,485 |
| Plano | $1,677 |
| Arlington | $1,328 |
| Sachse | $1,725 |
| Spring | $1,449 |
| Katy | $1,595 |
| Georgetown, TX | $1,507 |
| Pflugerville, TX | $1,468 |
| Round Rock, TX | $1,392 |
| San Marcos, TX | $1,597 |
| Hutto, TX | $1,605 |
| Cedar Park, TX | $1,389 |
| Kyle, TX | $1,449 |
| Leander, TX | $1,520 |
| Manor, TX | $1,504 |
| Buda, TX | $1,404 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Austin apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.