South Lamar, Austin, TX Rental Market Trends
Last updated: February 24, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in South Lamar is $1,496, a 8.86% decrease compared to the previous year, when the average rent was $1,641.
Studio Apartments at $1,117 offer the most budget-friendly option with 431 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 696 square feet for $1,408, balancing privacy and affordability.
Two-beedroom units at $1,670 offer 977 square feet, perfect for roommates or small families.
Average rent in South Lamar, Austin, TX
Last updated: February 24, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,496 | 794 sq. ft. |
| Studio | $1,117 | 431 sq. ft. |
| 1 Bed | $1,408 | 696 sq. ft. |
| 2 Beds | $1,670 | 977 sq. ft. |
| 3 Beds | n/a | n/a |
South Lamar, Austin, TX rent trends
Rental prices in South Lamar, Austin, TX have decreased by 8.86% over the past year. The average rent moved from $1,641 to $1,496.
What's the typical rent budget in South Lamar, Austin, TX?
The largest share of rentals in South Lamar, Austin, TX (50%) 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 South Lamar, Austin, TX?
2,613 or 67% of the households in South Lamar, Austin, TX are renter-occupied while 1,298 or 33% are owner-occupied.
Most affordable neighborhoods in South Lamar?
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 South Lamar?
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 South Lamar is 4% higher than in Allandale
$1,496
South Lamar rent is the same as Austin average
Average Rent
$1,496
$1,441
Allandale rent is 4% lower than Austin average
Average Rent
$1,441
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 South Lamar 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.