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Updated

Average Rent in Austin, TX

194 apartment buildings, 3517 units. Real asking prices, refreshed daily. 1 more available with Average Rent Pro

Avg Rent

$1,992/mo

market average

Cheapest

$779/mo

Terrace Cove

Properties

194

tracked daily

Units

3517

available now

Austin, TX Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 194 properties in Austin, TX.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Austin, TX Rent Prices

All 194 properties ranked by lowest available rent.

#1 3.5 (220)

Terrace Cove

6201 Sneed Cove, Austin, TX 78744, USA

From $779/mo
Avg $891 10 units
#2 3.8 (243)

Logan's Mill

1912 E William Cannon Dr, Austin, TX 78744, USA

From $788/mo
Avg $788 1 units
#3 3.9 (512)

Mia Riverside

1601 Royal Crest Dr, Austin, TX 78741, USA

From $799/mo
Avg $1,032 51 units
#4 3.3 (129)

Bainbridge Apartments

3603 Southridge Dr, Austin, TX 78704, USA

From $819/mo
Avg $1,189 27 units
#5 4.5 (20)

Alma Woodward

607 Woodward St, Austin, TX 78704, USA

From $825/mo
Avg $913 6 units
#6 3.8 (317)

Grace Woods

3209 S I-35 Frontage Rd, Austin, TX 78741, USA

From $827/mo
Avg $1,022 70 units
#7 3.7 (73)

Bridge at South Point Apartments

6808 S I-35 Frontage Rd, Austin, TX 78745, USA

From $829/mo
Avg $931 16 units

Explore Each Property

Terrace Cove apartments in Austin, TX

Terrace Cove

3.5 (220)

6201 Sneed Cove, Austin, TX 78744, USA

From $779/mo
10 units
Logan's Mill apartments in Austin, TX

Logan's Mill

3.8 (243)

1912 E William Cannon Dr, Austin, TX 78744, USA

From $788/mo
1 units
Mia Riverside apartments in Austin, TX

Mia Riverside

3.9 (512)

1601 Royal Crest Dr, Austin, TX 78741, USA

From $799/mo
51 units
Bainbridge Apartments apartments in Austin, TX

Bainbridge Apartments

3.3 (129)

3603 Southridge Dr, Austin, TX 78704, USA

From $819/mo
27 units
Alma Woodward apartments in Austin, TX

Alma Woodward

4.5 (20)

607 Woodward St, Austin, TX 78704, USA

From $825/mo
6 units
Grace Woods apartments in Austin, TX

Grace Woods

3.8 (317)

3209 S I-35 Frontage Rd, Austin, TX 78741, USA

From $827/mo
70 units

Austin, TX Average Rent Prices 2026

The average rent in Austin, TX is $1,992 per month, based on 3517 units across 194 apartment communities. Prices range from $779 at Terrace Cove to $3,418 at Ashton Austin.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $2,397/mo $799/mo 431
1 Bed $1,747/mo $779/mo 1736
2 Bed $2,177/mo $894/mo 1121
3 Bed $2,329/mo $940/mo 191
4 Bed $1,408/mo $995/mo 38

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Building Economics

How much do Austin, TX apartments earn?

The 169 buildings we can estimate generate about $93M in rental revenue per month ($1.1B a year). Estimated from each building's unit-level listing and leasing activity.

Building Est. Monthly Revenue Est. Occupancy Units
1.1155 Barton Springs $5.5M/mo 93% 1000
2.Hanover Brazos Street $2.6M/mo 99% 714
3.Aura Thirty2 $2.3M/mo 97% 1000
4.Hanover Republic Square $1.8M/mo 96% 492
5.SOFI at 6311 Apartments $1.8M/mo 96% 1000

Research estimates from listing activity, not operator financials. Click any building for the full revenue breakdown and methodology.

Market Context

Who rents in Austin, TX, and what they pay

Tracked one-bedroom rent in Austin, TX averages $1,747/mo, with two-bedroom units averaging $2,177/mo. At the local median household income of $91,461, that works out to 26% of gross income, near the 30 percent affordability ceiling.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Austin, TX at $1,655/mo. The current tracked market average runs 20% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Austin, TX while the tracked market average covers units currently listed in larger apartment communities.

Who employs renters in Austin

Demand in the Austin rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:

  • Dell Technologies
  • Tesla
  • Oracle
  • Apple
  • IBM
  • Samsung Austin Semiconductor
  • Whole Foods Market

Mean one-way commute in Austin, TX is 24 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.

What salary do I need to live comfortably in Austin, TX?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$80,000/year

Based on the 30 percent rule, using our tracked average rent of $1,992/mo.

Comfortable income

$96,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($779/mo), you need to earn at least $31,000/year.

Median household income in Austin, TX is $91,461 , about 4% below the comfortable-living threshold.

Cost of living in Austin, TX

Overall prices in Austin, TX runs below the national average by about 2% (BEA Regional Price Parity index 98.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Austin, TX's regional price parities.

Category Monthly estimate
Rent (market average) $1,992
Utilities $543
Groceries $502
Transportation $1,295
Healthcare $632
Other goods and services $1,011
Estimated total $5,975/mo

Population

967,862

Median household income

$91,461

Census median rent

$1,655/mo

Rent as % of income

29.0%

Median age

34.5

Mean commute

24 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Compare

Nearby cities in Texas

How Austin, TX rent compares to other markets in the state.

City Avg Rent vs Austin, TX Properties
Addison, TX $1,662 -17% 325
Dallas, TX $1,832 -8% 164
Houston, TX $2,314 +16% 77
Lewisville, TX $1,574 -21% 54
Arlington, TX $1,394 -30% 54
San Antonio, TX $2,071 +4% 39

Frequently asked questions

What is the average rent in Austin, TX?

The average rent in Austin, TX is $1,992 per month, based on 3517 units across 194 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the cheapest apartment rent in Austin, TX?

The lowest available rent in Austin, TX starts at $779 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Austin, TX?

1-bedroom apartments in Austin, TX average $1,747/mo. The lowest listed 1-bedroom starts at $779/mo across 1736 units tracked.

How much is a 2-bedroom apartment in Austin, TX?

2-bedroom apartments in Austin, TX average $2,177/mo. Units start from $894/mo across 1121 units currently listed.

Rent Trends in Austin, TX

Track how apartment prices are changing over time.

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