Last updated
Average Rent in South Austin & Rent Trends
Rent prices and market trends across 6 apartment communities in South Austin, Austin, TX. Updated daily.
Market Average
$1,958/mo
▲ +1.6% from last month
Lowest Available
$1,550/mo
cheapest unit on market
Communities
6
tracked daily
Units Listed
15
available now
Price Cuts This Week in South Austin
16 listed units across 1 building offering 3 bed units in South Austin dropped their asking rent in the past 7 days, an average cut of $58/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| MAA Sunset Valley | Unit 08818, Provence | $1,608 | $1,533 | $75 |
| MAA Sunset Valley | Unit 03337, Provence | $1,318 | $1,248 | $70 |
| MAA Sunset Valley | Unit 04416, Riviera | $1,498 | $1,428 | $70 |
| MAA Sunset Valley | Unit 06622, Normandy | $1,548 | $1,478 | $70 |
| MAA Sunset Valley | Unit 08827, Provence | $1,343 | $1,273 | $70 |
| MAA Sunset Valley | Unit 04425, Riviera | $1,353 | $1,293 | $60 |
| MAA Sunset Valley | Unit 06625, Riviera | $1,443 | $1,383 | $60 |
| MAA Sunset Valley | Unit 02212, Chateaux | $1,553 | $1,498 | $55 |
South Austin vs Austin, TX Average
South Austin is cheaper than the Austin, TX average by $17/mo (1%). The citywide average is $1,975/mo across all neighborhoods.
Is Rent Going Up or Down in South Austin?
As of August 2026, the average rent in South Austin is $1,958 per month across 6 apartment communities and 15 available units. Rents have increased $24 (1.6%) over the past month.
The most affordable option is Urban Oaks Apartments starting at $1,550/mo. By unit type, a 3-bedroom averages $1,958/mo.
Prices range from $1,550 to $2,621 per month. The most common price point is the $1,800 range, where 5 units are currently listed.
South Austin Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| August 2026 | $1,547 | - | 6 |
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.
Rent Price Distribution
Rent by Bedroom Type in South Austin
Rent Prices by Apartment in South Austin
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Urban Oaks Apartments | $1,550/mo | $1,618/mo | 2 | 4 |
| SoCo Apartments | $1,608/mo | $1,608/mo | 1 | 4.3 |
| MAA Sunset Valley | $1,798/mo | $1,839/mo | 4 | 4.4 |
| Bridge at Austin City Lights | $1,995/mo | $2,031/mo | 5 | 3.7 |
| The Brodie | $2,144/mo | $2,144/mo | 1 | 4.3 |
| Alister Sunset Valley | $2,243/mo | $2,432/mo | 2 | 3.9 |
Frequently Asked Questions About Rent in South Austin
What is the average rent in South Austin?
Is rent going up or down in South Austin?
What is the cheapest apartment in South Austin?
How many apartments are available in South Austin?
What salary do I need to live comfortably in South Austin?
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 $1,958/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 ($1,550/mo), you need to earn at least $62,000/year.
Median household income in South Austin is $91,461 , about 3% below the comfortable-living threshold.
Cost of living in South Austin
Overall prices in South Austin 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 Austin's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,958 |
| Utilities | $543 |
| Groceries | $502 |
| Transportation | $1,295 |
| Healthcare | $632 |
| Other goods and services | $1,011 |
| Estimated total | $5,941/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 Austin Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore South Austin Apartments
Browse all 6 communities with daily-updated pricing and availability.