Rental market snapshot for Austin, Texas

Austin, Texas Rental Property Market Overview

The average rent for an apartment in Austin is $2,001. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -0.49% over the past year.

Austin is the capital of Texas and is known for its live music scene, as well as its many food trucks and restaurants. The city is also home to the University of Texas at Austin and is a popular destination for tourists.

Last Updated December 23, 2022

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Average monthly rent graph in Austin Texas | Cost of Living

  • The most expensive ZIP Code in Austin is 78701 with an average price of $3,005
  • The cheapest ZIP Code in Austin is 78722 with an average price of $1,295

Austin ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
178701$3,005
278721$2,655
378703$2,594
478747$2,345
578702$2,309
678704$2,119
778725$2,110
878724$2,010
978737$1,973
1078751$1,968

Live near Austin, Texas's Top Sights and Attractions

Brownie Neighborhood Park is a small park located in the north-central part of Austin. The park has a playground, a picnic area, and a small basketball court.

Roy Kizer Golf Course is a public golf course located in Austin, Texas. The course features 18 holes of golf, a pro shop, and a clubhouse. The course is open to the public and offers a variety of membership options.

Zilker Park is a large public park in Austin, Texas. The park is located on the south bank of the Colorado River, and includes several smaller parks, including Barton Springs Pool, Zilker Botanical Garden, and the Austin Nature and Science Center. The park is also home to the annual Austin City Limits Music Festival.

Garrison District Park is a beautiful park located in the heart of downtown Austin. The park features a large pond with a fountain, a walking trail, and a playground. The park is also home to a variety of birds, including ducks, geese, and swans.

Colony District Park is a large park with a playground, a pool, and a basketball court. The park also has a walking trail and a picnic area.

Bartholomew District Park is a large park located in central Austin. The park has a playground, a swimming pool, a basketball court, and a picnic area. The park is also home to a variety of trees and plants.

Patterson Neighborhood Park is a beautiful park located in the heart of Austin. The park has a large pond, a playground, and a walking trail. The pond is home to ducks and geese, and the playground is a great place for kids to play. The walking trail is a great way to get some exercise, and it is also a great place to take your dog for a walk.

The Walnut Creek Greenbelt is a scenic hiking and biking trail that winds through the woods along Walnut Creek. The trail is popular with locals and visitors alike, and offers stunning views of the creek and the surrounding forest.

Austin, Texas area median rent change by ZIP Code map

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How does Austin compare to other cities in Texas ?

citymedian price
Wilmer$1,899
Savannah$2,425
Corpus Christi$1,299
Bryan$895
Anna$2,050
Mesquite$1,895
Fort Worth Or Northlake$2,015
Amarillo$1,745
Kemah$1,990

Average household income in Austin area graph - US Census

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The median household income in Austin in 2021 was $75,752. This represents a 46.8% change from 2011 when the median was $51,596.

#categorypercent
0Less than $10,0005.7%
1$10,000 to $14,9992.8%
2$15,000 to $19,9992.7%
3$20,000 to $24,9993.2%
4$25,000 to $29,9993.3%
5$30,000 to $34,9993.7%
6$35,000 to $39,9993.6%
7$40,000 to $44,9993.8%
8$45,000 to $49,9993.8%
9$50,000 to $59,9997.4%
10$60,000 to $74,9999.6%
11$75,000 to $99,99912.7%
12$100,000 to $124,99910.1%
13$125,000 to $149,9997.8%
14$150,000 to $199,9998.6%
15$200,000 or more11.3%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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