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Last updated May 26 2020 at 5:29 AM

661 1 Bedroom Apartments for rent in Austin, TX

Last updated May 25 at 01:03pm
Clarksville
1 Unit Available
1503 West 9th Street
1503 West 9th Street, Austin, TX
1 Bedroom
$1,700
Find studio, 1, 2 and 3 bedroom apartments for rent at 1503 West 9th Street in Austin. View photos, descriptions and more!
Last updated May 26 at 03:49am
Hancock
1 Unit Available
910 Duncan LN
910 Duncan Lane, Austin, TX
1 Bedroom
$1,299
602 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at 910 Duncan LN in Austin. View photos, descriptions and more!
Last updated May 26 at 03:49am
Pleasant Valley
1 Unit Available
1601 Faro DR
1601 Faro Drive, Austin, TX
1 Bedroom
$1,295
743 sqft
A cozy one story condo in a very charming complex. Located in the happening East Riverside corridor, updated interior, open floor plan, high ceilings and a fireplace in the living room which opens to the breakfast area/kitchen.
Last updated April 4 at 06:17am
Hancock
1 Unit Available
407 E 45th ST
407 East 45th Street, Austin, TX
1 Bedroom
$1,125
500 sqft
Available for Prelease August 2020. Updated and well-maintained 2nd story condo in a quiet, cozy Hyde Park complex. Great central Austin location. Cap Metro bus stop nearby.
Last updated May 25 at 07:04am
1 Unit Available
4902 Brushy Ridge Dr
4902 Brushy Ridge Drive, Austin, TX
1 Bedroom
$750
1053 sqft
Room for Rent Close to Sunset Hills and 15 mins from Austin City. The room has an adjoining shared bathroom. Lightweights exercise equipment (weights and stationary bike). Lots of Privacy.
Last updated May 26 at 05:27am
North University
1 Unit Available
3707 Cedar Street - 107
3707 Cedar Street, Austin, TX
1 Bedroom
$950
450 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at 3707 Cedar Street - 107 in Austin. View photos, descriptions and more!

June 2020 Austin Rent Report

Welcome to the June 2020 Austin Rent Report. Austin rents declined over the past month. In this report, we'll evaluate trends in the Austin rental market, including comparisons to cities throughout the state and nation.

View full Rent Report

June 2020 Austin Rent Report

Welcome to the June 2020 Austin Rent Report. Austin rents declined over the past month. In this report, we'll evaluate trends in the Austin rental market, including comparisons to cities throughout the state and nation.

Austin rents decline sharply over the past month

Austin rents have declined 0.6% over the past month, but have increased slightly by 1.3% in comparison to the same time last year. Currently, median rents in Austin stand at $1,184 for a one-bedroom apartment and $1,461 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in March. Austin's year-over-year rent growth leads the state average of 0.6%, as well as the national average of 0.8%.

    Rents rising across cities in Texas

    Throughout the past year, rent increases have been occurring not just in the city of Austin, but across the entire state. Of the largest 10 cities that we have data for in Texas, 7 of them have seen prices rise. The state as a whole logged rent growth of 0.6% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

    • Looking throughout the state, Austin is the most expensive of all Texas' major cities, with a median two-bedroom rent of $1,461; of the 10 largest cities in Texas that we have data for, Laredo and San Antonio, where two-bedrooms go for $843 and $1,076, are the only two major cities in the state to see rents fall year-over-year (-1.5% and -0.1%).
    • El Paso, Arlington, and Corpus Christi have all experienced year-over-year growth above the state average (2.1%, 1.6%, and 1.3%, respectively).

    Comparable cities nationwide show more affordable rents compared to Austin

    As rents have increased slightly in Austin, other large cities nationwide have seen rents grow more quickly. Compared to most similar cities across the country, Austin is less affordable for renters.

    • Austin's median two-bedroom rent of $1,461 is above the national average of $1,194. Nationwide, rents have grown by 0.8% over the past year compared to the 1.3% increase in Austin.
    • While Austin's rents rose slightly over the past year, many cities nationwide saw decreases, including San Francisco (-1.0%), Atlanta (-0.8%), and Denver (-0.4%).
    • Renters will generally find more expensive prices in Austin than most other large cities. For example, Detroit has a median 2BR rent of $900, where Austin is more than one-and-a-half times that price.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    City
    Median 1BR Rent
    Median 2BR Rent
    M/M Rent Growth
    Y/Y Rent Growth
    Austin
    $1,180
    $1,460
    -0.6%
    1.3%
    Round Rock
    $1,300
    $1,600
    -0.2%
    3.3%
    Cedar Park
    $1,390
    $1,710
    -0.8%
    2.4%
    Georgetown
    $1,170
    $1,440
    0.1%
    -0.4%
    Pflugerville
    $1,300
    $1,600
    -0.6%
    1.7%
    San Marcos
    $960
    $1,200
    0.1%
    0.9%
    See More

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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