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Average Rent in Austin, TX & Rent Trends

Rent prices and market trends across 227 apartment communities in Austin, TX. Updated daily.

Market Average

$1,961/mo

▼ 4.6% from last month

Lowest Available

$661/mo

cheapest unit on market

Communities

227

tracked daily

Units Listed

4107

available now

Price Cuts This Week in Austin, TX

976 listed units across 115 buildings in Austin, TX dropped their asking rent in the past 7 days, an average cut of $61/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Water Marq Unit 18587 $3,739 $2,945 $794
415 Colorado Unit 4612, PH1 $10,299 $9,790 $509
Collective on Riverside Unit 12, 4 Bedroom $1,499 $999 $500
Collective on Riverside Unit 5, 2 Bedroom $1,695 $1,245 $450
The Sondery Unit 325, B6 $2,496 $2,095 $401
Camden Rainey Street Apartments Unit 1 $2,029 $1,629 $400
The 704 Unit 18437 $2,664 $2,273 $391
The 704 Unit 18438 $2,706 $2,318 $388
See today's prices on all 4107 listed units

Rent by Neighborhood in Austin, TX

Compare average rent across Austin, TX neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood Avg Rent 30d Change From Properties Units
Downtown Austin $3,710 ▼  $18 $1,049 20 350
South Lamar $2,607 ▼  $110 $699 31 410
Windsor Park $2,146 ▼  $10 $725 13 267
Windsor Road $2,096 ▼  $139 $1,049 4 42
Govalle $2,077 ▼  $43 $958 17 394
Cherrywood $1,994 ▲  $149 $1,171 3 34
Johnston Terrace $1,928 ▲  $134 $1,361 2 36

Is Rent Going Up or Down in Austin, TX?

As of August 2026, the average rent in Austin, TX is $1,961 per month across 227 apartment communities and 4107 available units. Rents have decreased $81 (4.6%) over the past month.

The most affordable option is Logan's Mill starting at $661/mo. By unit type, a studio averages $2,429/mo, a 1-bedroom averages $1,732/mo, a 2-bedroom averages $2,160/mo, a 3-bedroom averages $2,176/mo, a 4-bedroom averages $1,464/mo, a 5-bedroom averages $1,274/mo.

Prices range from $661 to $15,000 per month. The most common price point is the $1,200 range, where 618 units are currently listed.

Austin, TX Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
March 2026 $1,893 - 28
April 2026 $1,692 -$201 134
May 2026 $1,749 +$57 176
June 2026 $1,796 +$47 178
July 2026 $1,777 -$19 215
August 2026 $1,760 -$17 213

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Austin, TX

Studio
$2,429
from $694 · 458 units
1 Bed
$1,732
from $661 · 2138 units
2 Bed
$2,160
from $741 · 1283 units
3 Bed
$2,176
from $891 · 190 units
4 Bed
$1,464
from $995 · 34 units
5 Bed
$1,274
from $1,085 · 4 units

Rent Prices by Apartment in Austin, TX

Property Starting at Average Units Rating
Logan's Mill $661/mo $934/mo 30 3.8
Hillside Creek $687/mo $868/mo 18 3.4
The Enclave Apartments $694/mo $733/mo 3 4
Soco At Alpine $699/mo $749/mo 2 2.9
The Lowell at Mueller $725/mo $937/mo 37 4.1
Mission James Place Apartments $741/mo $741/mo 1 3.8
Cannon South Apartments $762/mo $842/mo 5 4.5

Frequently Asked Questions About Rent in Austin, TX

What is the average rent in Austin, TX?

The average rent in Austin, TX is $1,961 per month as of August 2026, based on 4107 units across 227 apartment communities.

Is rent going up or down in Austin, TX?

Rent in Austin, TX has decreased $81 (4.6%) over the past month. The current average is $1,961/mo.

What is the cheapest apartment in Austin, TX?

The most affordable apartment in Austin, TX is Logan's Mill with units starting at $661/mo.

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

A 1-bedroom apartment in Austin, TX averages $1,732/mo, with prices starting at $661/mo across 2138 available units.

How many apartments are available in Austin, TX?

There are 4107 units available across 227 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

$78,000/year

Based on the 30 percent rule, using our tracked average rent of $1,961/mo.

Comfortable income

$94,000/year

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

To afford the cheapest tracked apartment ($661/mo), you need to earn at least $26,000/year.

Median household income in Austin, TX is $91,461 , about 3% 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) $1,961
Utilities $543
Groceries $502
Transportation $1,295
Healthcare $632
Other goods and services $1,011
Estimated total $5,944/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.

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