Last updated
Average Rent in South Lamar & Rent Trends
Rent prices and market trends across 2 apartment communities in South Lamar, Austin, TX. Updated daily.
Market Average
$2,201/mo
Lowest Available
$1,419/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
3
available now
Price Cuts This Week in South Lamar
7 listed units across 2 buildings offering 3 bed units in South Lamar dropped their asking rent in the past 7 days, an average cut of $165/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Bainbridge Apartments | Unit 1052, 2 Bedroom | $1,316 | $929 | $387 |
| The Mercury | Unit 16 | $2,420 | $2,125 | $295 |
| The Mercury | Unit 2, 1BR/1BA - A2 | $2,420 | $2,125 | $295 |
| The Mercury | Unit 20, 2BR/2BA - B8 | $4,000 | $3,950 | $50 |
| The Mercury | Unit 30 | $3,150 | $3,100 | $50 |
| The Mercury | Unit 8, 1BR/1BA - A8 | $3,150 | $3,100 | $50 |
| The Mercury | Unit 10, 1BR/1BA - E1 | $1,302 | $1,277 | $25 |
South Lamar vs Austin, TX Average
South Lamar is more expensive than the Austin, TX average by $226/mo (11%). The citywide average is $1,975/mo across all neighborhoods.
Is Rent Going Up or Down in South Lamar?
As of August 2026, the average rent in South Lamar is $2,201 per month across 2 apartment communities and 3 available units.
The most affordable option is Bainbridge Apartments starting at $1,419/mo. By unit type, a 3-bedroom averages $2,201/mo.
Prices range from $1,419 to $3,765 per month. The most common price point is the $1,400 range, where 2 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in South Lamar
Rent Prices by Apartment in South Lamar
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Bainbridge Apartments | $1,419/mo | $1,419/mo | 2 | 3.3 |
| The Mercury | $3,765/mo | $3,765/mo | 1 | 4.7 |
Frequently Asked Questions About Rent in South Lamar
What is the average rent in South Lamar?
Is rent going up or down in South Lamar?
What is the cheapest apartment in South Lamar?
How many apartments are available in South Lamar?
What salary do I need to live comfortably in South Lamar?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$88,000/year
Based on the 30 percent rule, using our tracked average rent of $2,201/mo.
Comfortable income
$106,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,419/mo), you need to earn at least $57,000/year.
Median household income in South Lamar is $91,461 , about 13% below the comfortable-living threshold.
Cost of living in South Lamar
Overall prices in South Lamar 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 South Lamar's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,201 |
| Utilities | $543 |
| Groceries | $502 |
| Transportation | $1,295 |
| Healthcare | $632 |
| Other goods and services | $1,011 |
| Estimated total | $6,184/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.
Google Search Trends for South Lamar Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore South Lamar Apartments
Browse all 2 communities with daily-updated pricing and availability.