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Average Rent in Austin & Rent Price Trends

By: Justin Chaplin, Rob Warnock, and Kimi Kaneshina
April 29, 2021

Considering moving to Austin, TX, one of the best cities for remote workers? The increasingly popular city is drawing renters from across the country. Before you start apartment hunting, get to know the average rent in Austin.

Average Rent in Austin

Austin rents have increased by 2.9% compared to last month, and are up by 1.49% compared to last year.

For a broader discussion of rent changes across the country, check out our National Rent Report. You can download the raw data containing rent estimates for hundreds of cities across the country.

  • 10% of Austin apartments cost less than $1,000 per month.
  • 77% of Austin apartments cost between $1,000-$1,999 per month.
  • 11% of Austin apartments cost between $2,000-$2,999 per month.
  • 2% of apartments in Austin cost over $3,000 per month.

  • 6% of apartments in Austin are studio apartments.
  • 58% of apartments in Austin are 1-bedroom apartments.
  • 31% of apartments in Austin are 2-bedroom apartments.
  • 5% of apartments in Austin are 3-bedroom apartments.

Average Rent in Austin Neighborhoods

Austin neighborhoods vary in prices, and all offer something unique to renters. Whether you are looking for a buzzing urban neighborhood or quiet suburban area, Austin has something for you.

NeighborhoodAverage 1-BR Rent
Downtown Austin$2,577
Zilker$2,158
East Cesar Chavez$2,064
Central East Austin$1,911
Govalle$1,805
Johnston Terrace$1,705
Hancock$1,704
Mueller$1,613
Travis Heights$1,593
Brentwood$1,560

What Salary Do You Need to Live in Austin?

Can you afford to rent an apartment in Austin? We can estimate the recommended salary in Austin using the 30% rule.

  • If you are renting an average priced studio apartment in Austin, your annual salary should be around $44,172 or higher.
  • If you are renting an average priced 1-bedroom apartment in Austin, your annual salary should be around $50,256 or higher.
  • If you are renting an average priced 2-bedroom apartment in Austin, your annual salary should be around $61,668 or higher.
  • If you are renting an average priced 3-bedroom apartment in Austin, your annual salary should be around $75,240 or higher.

Although the 30% rule is a good place to start, it's simply a rule of thumb. Renting with roommates can dramatically trim these prices down.

Not sure how much rent you can afford? Try using our rent calculator.

Ready to move to Austin? Here's how to find an apartment in Austin. Start apartment hunting in Austin with our quiz!

If you aren't quite certain that Austin is the place for you, explore cities nearby Austin.

You can also learn more about:

Texas:

Dallas:

Houston:

San Antonio:

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AUTHOR
Justin is a Content Manager and contributing author at Apartment List, helping people navigate the world of renting. Justin previously spent his time earning his BBA in Marketing from Boise State University. Read More
SENIOR RESEARCH ASSOCIATE
Rob is a senior research associate at Apartment List, where he examines trends in the housing and rental markets. Previously he worked in public health policy, and before that, graduated from UCLA with a degree in Globalization. Read More
AUTHOR
Kimi is a Content Associate and contributing author at Apartment List, helping renters find a new place to call home. Kimi earned her BA in Organizational Studies, Economics from Scripps College. Read More
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