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Average Rent in Austin, TX & Rent Trends

Rent prices and market trends across 202 apartment communities in Austin, TX. Updated daily.

Market Average

$1,983/mo

▲ +1.9% from last month

Lowest Available

$618/mo

cheapest unit on market

Communities

202

tracked daily

Units Listed

3614

available now

Price Cuts This Week in Austin, TX

769 listed units across 103 buildings in Austin, TX dropped their asking rent in the past 7 days, an average cut of $83/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
1155 Barton Springs Unit 66, A1 $4,774 $3,524 $1,250
415 Colorado Unit 4612, PH1 $12,845 $11,839 $1,006
SOFI at 6311 Apartments Unit 18, A3 $2,076 $1,400 $676
The Bowie Unit 3307, C2 $13,854 $13,229 $625
SOFI at 6311 Apartments Unit 16, A3 $2,156 $1,575 $581
SOFI at 6311 Apartments Unit 17, A3 $2,056 $1,475 $581
Bridge at Turtle Creek Unit 156 $2,010 $1,475 $535
Wilder Unit 20 $1,909 $1,382 $527
See today's prices on all 3614 listed units

Rent by Neighborhood in Austin, TX

Compare average rent across Austin, TX neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent From Properties Units
Downtown Austin $3,603 $1,079 20 354
South Lamar $2,662 $819 29 395
Windsor Road $2,250 $1,079 4 44
Windsor Park $2,153 $855 13 279
Govalle $2,099 $923 15 374
Cherrywood $2,043 $1,103 3 24
St. Johns $1,931 $1,296 1 22

Is Rent Going Up or Down in Austin, TX?

As of July 2026, the average rent in Austin, TX is $1,983 per month across 202 apartment communities and 3614 available units. Rents have increased $33 (1.9%) over the past month.

The most affordable option is Trillium Terrace starting at $618/mo. By unit type, a studio averages $2,372/mo, a 1-bedroom averages $1,739/mo, a 2-bedroom averages $2,171/mo, a 3-bedroom averages $2,361/mo, a 4-bedroom averages $1,385/mo.

Prices range from $618 to $14,349 per month. The most common price point is the $1,200 range, where 537 units are currently listed.

Austin, TX Rent Price History

Window

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Austin, TX

Studio
$2,372
from $618 · 447 units
1 Bed
$1,739
from $779 · 1793 units
2 Bed
$2,171
from $894 · 1152 units
3 Bed
$2,361
from $940 · 184 units
4 Bed
$1,385
from $995 · 38 units

Rent Prices by Apartment in Austin, TX

Property Starting at Average Units Rating
Trillium Terrace $618/mo $1,473/mo 25 4.4
Terrace Cove $779/mo $891/mo 10 3.5
Mia Riverside $799/mo $1,032/mo 51 3.9
Logan's Mill $801/mo $1,064/mo 24 3.8
Bainbridge Apartments $819/mo $1,189/mo 27 3.3
Alma Woodward $825/mo $913/mo 6 4.5
Grace Woods $827/mo $1,021/mo 70 3.8

Frequently Asked Questions About Rent in Austin, TX

What is the average rent in Austin, TX?

The average rent in Austin, TX is $1,983 per month as of July 2026, based on 3614 units across 202 apartment communities.

Is rent going up or down in Austin, TX?

Rent in Austin, TX has increased $33 (1.9%) over the past month. The current average is $1,983/mo.

What is the cheapest apartment in Austin, TX?

The most affordable apartment in Austin, TX is Trillium Terrace with units starting at $618/mo.

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

A 1-bedroom apartment in Austin, TX averages $1,739/mo, with prices starting at $779/mo across 1793 available units.

How many apartments are available in Austin, TX?

There are 3614 units available across 202 apartment communities in Austin, TX.

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

$79,000/year

Based on the 30 percent rule, using our tracked average rent of $1,983/mo.

Comfortable income

$95,000/year

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

To afford the cheapest tracked apartment ($618/mo), you need to earn at least $25,000/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) $1,983
Utilities $543
Groceries $502
Transportation $1,295
Healthcare $632
Other goods and services $1,011
Estimated total $5,966/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.

Explore Austin, TX Apartments

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