Last updated May 21, 2026

Average Rent in Downtown Austin & Rent Trends

Rent prices and market trends across 25 apartment communities in Downtown Austin, Austin, TX. Updated daily.

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed

Market Average

$2,502/mo

▲ +14.2% from last month

Lowest Available

$878/mo

cheapest unit on market

Communities

tracked daily

Units Listed

337

available now

Downtown Austin vs Austin, TX Average

Downtown Austin is more expensive the Austin, TX average by $492/mo (24%). The citywide average is $2,010/mo across all neighborhoods.

Is Rent Going Up or Down in Downtown Austin?

As of May 2026, the average rent in Downtown Austin is $2,502 per month across 25 apartment communities and 337 available units. Rents have increased $363 (14.2%) over the past month.

The most affordable option is MAA East Austin starting at $878/mo. By unit type, a 1-bedroom averages $2,502/mo.

Prices range from $878 to $5,838 per month. The most common price point is the $1,800 range, where 55 units are currently listed.

Downtown Austin Rent Price History

Rent Price Distribution

Rent by Bedroom Type in Downtown Austin

1 Bed

$2,502

from $878 · 337 units

Rent Prices by Apartment in Downtown Austin

Property	Starting at	Average	Units	Rating
MAA East Austin	$878/mo	$998/mo	17	4.3
The Shoal	$1,599/mo	$1,599/mo	1	4.2
Eleven by Windsor	$1,678/mo	$1,749/mo	12	4.2
AMLI Eastside	$1,691/mo	$2,005/mo	28	4.3
Residences at Saltillo	$1,724/mo	$1,962/mo	32	3.6
AMLI 300	$1,824/mo	$2,014/mo	11	3.8
Windsor on the Lake	$1,839/mo	$2,181/mo	13	3.5
Avenir Apartments	$1,840/mo	$2,505/mo	15	4.5
Corazon	$1,847/mo	$2,058/mo	13	4.2
Elle West Ave	$1,934/mo	$2,086/mo	9	4
Whitley Apartments	$1,952/mo	$2,276/mo	5	4.6
Hanover Brazos Street	$2,112/mo	$2,563/mo	21	4.7
AMLI Downtown	$2,328/mo	$2,648/mo	16	3.9
The Quincy	$2,347/mo	$2,795/mo	13	4.4
Northshore Apartments	$2,357/mo	$2,915/mo	30	4.2
404 Rio Grande	$2,372/mo	$2,625/mo	5	4.4
Alexan Waterloo	$2,372/mo	$2,745/mo	18	4.5
Gables Republic Square	$2,484/mo	$2,753/mo	12	4.7
Hanover Republic Square	$2,545/mo	$2,918/mo	14	4.7
The Bowie	$2,690/mo	$3,058/mo	13	3.6
AMLI on 2nd	$2,818/mo	$3,233/mo	12	4.1
Sienna at the Thompson	$2,855/mo	$3,242/mo	5	4
Ashton Austin	$3,056/mo	$3,509/mo	12	4.1
415 Colorado	$3,725/mo	$3,970/mo	3	4.9
Residences at 6G	$4,425/mo	$4,956/mo	7	4.6

Google Search Trends for Downtown Austin Apartments

Search interest for apartments in this area over the past 12 months.

Search Interest Over Time

Explore more on Google Trends

Frequently Asked Questions About Rent in Downtown Austin

What is the average rent in Downtown Austin?

The average rent in Downtown Austin is $2,502 per month as of May 2026, based on 337 units across 25 apartment communities.

Is rent going up or down in Downtown Austin?

Rent in Downtown Austin has increased $363 (14.2%) over the past month. The current average is $2,502/mo.

What is the cheapest apartment in Downtown Austin?

The most affordable apartment in Downtown Austin is MAA East Austin with units starting at $878/mo.

How much is a 1-bedroom apartment in Downtown Austin?

A 1-bedroom apartment in Downtown Austin averages $2,502/mo, with prices starting at $878/mo across 337 available units.

How many apartments are available in Downtown Austin?

There are 337 units available across 25 apartment communities in Downtown Austin.

What salary do I need to live comfortably in Downtown 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

$100,000/year

30 percent rule -- using our average rent of $2,502/mo.

Comfortable income

$120,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($878/mo), you need to earn at least $35,000/year.

Median household income in Downtown Austin is $91,461 , about 24% below the comfortable-living threshold.

Cost of living in Downtown Austin

Overall prices in Downtown 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 Downtown Austin's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$2,502	daily refresh
Utilities	$543	BLS × BEA RPP
Groceries	$502	BLS × BEA RPP
Transportation	$1,295	BLS × BEA RPP
Healthcare	$632	BLS × BEA RPP
Other goods and services	$1,011	BLS × BEA RPP
Estimated total	$6,485/mo	$77,821/year

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.

Texas Rent Trends

Compare rent across all Texas cities

Explore Austin, TX on Map

See neighborhoods and rent data interactively

US-wide rent comparison

See how Austin, TX rents stack up against the national median