Rental market snapshot for Austin, Texas

Austin, Texas Rental Property Market Overview

Austin, Texas is a vibrant and diverse city with a population of 964,177 as of 2021 according to the US Census. It is the capital of Texas and home to a variety of cultural attractions, outdoor activities, and entertainment venues. The city is known for its live music scene, its many parks and trails, and its thriving tech industry. Austin is also home to the University of Texas at Austin, one of the largest universities in the United States. With its unique culture, vibrant atmosphere, and diverse population, Austin is a great place to live and visit.

The average rent for an apartment in Austin is $2,091. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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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 $3,439.
  • The cheapest ZIP code in Austin is 78730 with an average price of $1,474.

Austin ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
178701$3,439
278742$3,196
378746$3,086
478734$2,888
578703$2,751
678738$2,678
778721$2,499
878702$2,308
978732$2,244
1078737$2,172

Live near Austin, Texas's Top Sights and Attractions

Brownie Neighborhood Park is a lush green oasis in the heart of the city. It features a large playground with swings, slides, and a sandbox, as well as a basketball court, a walking trail, and plenty of open grassy areas for picnicking and relaxing. The park also has a pond with a fountain, a gazebo, and a variety of trees and shrubs.

Roy Kizer Golf Course is a public 18-hole golf course located in a lush, green landscape. It features a challenging layout with rolling hills, water hazards, and sand traps. The course is well-maintained and offers a variety of amenities, including a driving range, practice green, and pro shop. The course is suitable for all skill levels, and the staff is friendly and helpful. It's a great place to spend a day outdoors, enjoying the fresh air and beautiful scenery.

Zilker Metro Park is a large outdoor recreational area located in the heart of Austin. It features a variety of activities, including swimming, kayaking, canoeing, and stand-up paddleboarding in Barton Springs Pool, a three-mile hike-and-bike trail, a disc golf course, and a botanical garden. The park also hosts a variety of events throughout the year, such as the Zilker Summer Musical, the Austin City Limits Music Festival, and the Kite Festival.

Garrison District Park is a large, lush green space located in the heart of the city. It features a wide variety of activities and amenities, including a playground, basketball court, picnic areas, and a large pond with a fountain. The park also has a walking trail and plenty of open space for visitors to enjoy. The park is a great spot for families and friends to spend time together, and it's a popular spot for outdoor events and activities.

Colony District Park is a large outdoor space located in the heart of Austin. It features a variety of recreational activities, including walking trails, playgrounds, picnic areas, and sports fields. The park also has a large lake, which is home to a variety of wildlife, including ducks, geese, and other waterfowl. The park is also home to a variety of trees and plants, providing a lush and peaceful atmosphere.

Bartholomew District Park is a lush green oasis in the heart of the city. It features a large pond, walking trails, picnic areas, and a playground. The park is home to a variety of wildlife, including ducks, geese, and other waterfowl. The park also offers a variety of recreational activities, such as fishing, boating, and bird watching. The park is a great place to relax and enjoy the outdoors.

Patterson Neighborhood Park is a lush green oasis in the heart of the city. It features a large playground, a basketball court, a picnic area, and a walking trail that winds through the park. The park also has a pond with a fountain, a gazebo, and plenty of trees and shrubs for shade. Visitors can also enjoy a variety of activities such as fishing, bird watching, and playing disc golf. The park is a great place to relax and enjoy the outdoors.

Walnut Creek Greenbelt is a lush, green oasis located in Austin, Texas. It is a popular spot for outdoor activities such as hiking, biking, and bird watching. The trails are well-maintained and offer stunning views of the surrounding landscape. There are also several picnic areas and playgrounds for children. The greenbelt is a great place to relax and enjoy nature in the heart of the city.

Littlefield Fountain is a large, iconic fountain located on the University of Texas at Austin campus. It is made of pink granite and features a large, central column surrounded by four smaller columns. The fountain is surrounded by a large pool of water and is illuminated at night. It is a popular spot for students and visitors to take photos and admire the beauty of the fountain.

Pfluger Bridge is a pedestrian bridge located in Austin, Texas. It spans Lady Bird Lake and connects the downtown area to the south side of the city. The bridge is a popular spot for locals and tourists alike, offering stunning views of the lake and the Austin skyline. It is a popular spot for running, walking, biking, and taking photos. The bridge is also illuminated at night, creating a beautiful and romantic atmosphere.

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
Grapevine$2,285
Frisco$2,252
Lewisville$2,180
Pearland$2,080
Bedford$2,025
Watauga$1,985
Fresno$1,830
Webster$1,580

Average household income in Austin area graph - US Census

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The median household income in Austin in 2021 was $78,965. This represents a 50.6% change from 2011 when the median was $52,431.

#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.

As of December , the average rent in Austin is $2,091.
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