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Average Rent in Austin, TX & Rent Trends

Rent prices and market trends across 103 apartment communities in Austin, TX. Updated daily.

Market Average

$2,430/mo

▲ +0.9% from last month

Lowest Available

$694/mo

cheapest unit on market

Communities

103

tracked daily

Units Listed

457

available now

Price Cuts This Week in Austin, TX

404 listed units across 53 buildings offering studio units in Austin, TX dropped their asking rent in the past 7 days, an average cut of $66/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
The Sondery Unit 325, B6 $2,496 $2,095 $401
The 704 Unit 18437 $2,664 $2,273 $391
The 704 Unit 18438 $2,706 $2,318 $388
Retreat at Barton Creek Unit 23 $2,311 $1,960 $351
Bridge at Turtle Creek Unit 129 $1,337 $1,000 $337
Marq on Burnet Unit 1 $1,305 $999 $306
See today's prices on all 457 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 $2,430 per month across 103 apartment communities and 457 available units. Rents have increased $18 (0.9%) over the past month.

The most affordable option is The Enclave Apartments starting at $694/mo. By unit type, a studio averages $2,430/mo.

Prices range from $694 to $12,960 per month. The most common price point is the $1,200 range, where 74 units are currently listed.

Austin, TX Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
March 2026 $2,050 - 11
April 2026 $1,834 -$216 65
May 2026 $1,872 +$38 89
June 2026 $1,969 +$97 94
July 2026 $1,945 -$24 102
August 2026 $1,922 -$23 100

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 Austin, TX

Studio
$2,430
from $694 · 457 units

Rent Prices by Apartment in Austin, TX

Property Starting at Average Units Rating
The Enclave Apartments $694/mo $694/mo 1 4
Soco At Alpine $699/mo $699/mo 1 2.9
Cannon South Apartments $762/mo $842/mo 5 4.5
Bridge at South Point Apartments $779/mo $779/mo 1 3.7
Mueller Crossing $849/mo $974/mo 2 3.7
Bridge at Turtle Creek $850/mo $977/mo 8 3.7
Alma Woodward $875/mo $975/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 $2,430 per month as of August 2026, based on 457 units across 103 apartment communities.

Is rent going up or down in Austin, TX?

Rent in Austin, TX has increased $18 (0.9%) over the past month. The current average is $2,430/mo.

What is the cheapest apartment in Austin, TX?

The most affordable apartment in Austin, TX is The Enclave Apartments with units starting at $694/mo.

How many apartments are available in Austin, TX?

There are 457 units available across 103 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

$97,000/year

Based on the 30 percent rule, using our tracked average rent of $2,430/mo.

Comfortable income

$117,000/year

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

To afford the cheapest tracked apartment ($694/mo), you need to earn at least $28,000/year.

Median household income in Austin, TX is $91,461 , about 22% 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) $2,430
Utilities $543
Groceries $502
Transportation $1,295
Healthcare $632
Other goods and services $1,011
Estimated total $6,413/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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