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Last updated September 17 2020 at 9:19 AM

1279 Apartments for rent in Austin, TX

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North Austin
West Oak Hill
West University
Riverside
Pleasant Valley
See all neighborhoods
Check out 1279 verified apartments for rent in Austin, TX with rents starting as low as $450. Some apartments for rent in Austin might offer rent specials. Look out for the
$
rent special icon!
1 Unit Available
8888 Tallwood Drive Unit #2210
8888 Tallwood Drive, Austin, TX
1 Bedroom
Ask
2 Bedrooms
$1,200
866 sqft
Last updated September 20 at 09:16 AM
2 Bed + 2 Bath Condo Near Domain! - >>>> Check out our tour video: https://youtu.
1 Unit Available
935 E 51st
935 East 51st Street, Austin, TX
Hyde Park
2 Bedrooms
$1,785
832 sqft
Last updated September 20 at 09:16 AM
Central Austin 2 Bedroom 2 Bath House $1785 - Adorable 2 Bedroom, 1.5 Bath House Recently Renovated in Central Austin. Stainless steel kitchen appliances. Remodeled workshop/storage area.
1 Unit Available
4506 Brown Bark Pl a
4506 Brown Bark Place, Austin, TX
2 Bedrooms
$1,275
950 sqft
Last updated September 20 at 09:16 AM
duplex $1275 - Property Id: 346517 very nice duplex in quiet neighborhood , large living and dining area, closing to major shopping, and assess to downtown, available 9-01-2020 Apply at TurboTenant: http://rental.turbotenant.
1 Unit Available
2613 Francisco St
2613 Francisco Street, Austin, TX
Govalle
3 Bedrooms
$3,450
1386 sqft
Last updated September 20 at 09:16 AM
3 Bedroom, 2 Bath House for Lease in East Austin - Spacious 3 bedroom, 2 bath house for lease in East Austin. Open floor plan with high ceilings & wood flooring in the living room.
1 Unit Available
12904 Odie Lane
12904 Odie Lane, Austin, TX
Milwood
4 Bedrooms
$1,750
1450 sqft
Last updated September 20 at 09:16 AM
Milwood - Spacious 4 Bedroom - Apple - Oracle - Domain - Updated Interior - $1750 - One block to the Apple Campus. Fresh interior with Custom plank vinyl Wood Floors, Stainless Steel Appliances Fireplace, Garage, Big Fenced Yard. (RLNE6040900)
1 Unit Available
2237 Webberville Rd
2237 Webberville Road, Austin, TX
Central East Austin
3 Bedrooms
$1,800
1400 sqft
Last updated September 20 at 09:16 AM
Home For Lease near downtown Austin - Property Id: 108658 Great single home for rent located at convenient to downtown, near shopping center; a walking distance to HEB, restaurants, park. Nice and clean place, driveway parking, and private fence.
1 Unit Available
7206 Smokey Hill Rd
7206 Smokey Hill Road, Austin, TX
West Oak Hill
3 Bedrooms
$1,700
1705 sqft
Last updated September 20 at 09:16 AM
South Austin: 3 Bed 2 Bath Home For Lease - Situated on a large corner lot, this large 3BD 2 BA home offers ana open and bright layout. Approx 1705 sqft of living space. Vinyl plank flooring, wood-burning fireplace.
1 Unit Available
3510 Clarkson Ave.
3510 Clarkson Avenue, Austin, TX
Cherrywood
2 Bedrooms
$1,795
759 sqft
Last updated September 20 at 09:16 AM
East Austin 2x1 Home! - This one of a kind French Place Gem is a 2 bed/1 bath with a newly renovated bathroom, refinished hardwood floors, fixtures, paint, & new HVAC. It sits on a large lot with spacious backyard that includes a carport & shed.
1 Unit Available
703 Josephine Street
703 Josephine Street, Austin, TX
Zilker
2 Bedrooms
$2,200
850 sqft
Last updated September 20 at 09:16 AM
Central Austin - Furnished. Close to Zilker Park, SOCO and Barton Springs! - This spacious, newly built 2nd story detached garage apartment will make you feel right at home while enjoying all Austin has to offer.
1 Unit Available
4600 Mueller Blvd 774410
4600 Mueller Boulevard, Austin, TX
Mueller
1 Bedroom
$1,694
811 sqft
2 Bedrooms
Ask
3 Bedrooms
Ask
Last updated September 20 at 09:16 AM
Close to UT and everything - Click here - Property Id: 221197 The Mueller development in a city in itself. All you need is provided in this new neighborhood; retail, food, shopping, parks, movies, grocery store all within blocks of each other.
1 Unit Available
4710 E Riverside Dr
4710 East Riverside Drive, Austin, TX
Pleasant Valley
2 Bedrooms
$2,125
1081 sqft
Last updated September 20 at 09:16 AM
4710 E Riverside Dr Austin, TX 78741 - Property Id: 191156 Magnificent chance to live in the exceptional new and upcoming neighborhood SO close to Downtown, and without those super outrageous downtown pricing.
1 Unit Available
6000 S. Congress Ave #120
6000 South Congress Avenue, Austin, TX
Sweetbriar
1 Bedroom
$1,495
838 sqft
2 Bedrooms
Ask
Last updated September 20 at 09:16 AM
One Bedroom Condo off South Congress! - >>>> Click here for our video tour: https://youtu.be/h5EKlm7Ih3Q <<<< This is a great one-bedroom condo located off South Congress! Great location! Attached 1 car garage with additional storage.
1 Unit Available
3204 Manchaca Road No 710
3204 Menchaca Road, Austin, TX
South Lamar
1 Bedroom
$1,075
470 sqft
Last updated September 20 at 09:16 AM
Condo is in a Great Location and Very Close to Zilker! - Condo is in a Great Location and Very Close to Zilker! Updated 1B/1B Condo on Second Level! Near Bus Stop, Shopping Centers and Restaurants Nearby, Beautiful Bamboo Floors, Backsplash in
1 Unit Available
1008 Live Oak St A
1008 East Live Oak Street, Austin, TX
Travis Heights
3 Bedrooms
$2,650
2189 sqft
Last updated September 20 at 09:16 AM
Great 3-bedroom 2-story Condo in Travis Heights. Enjoy the wood and tile flooring, lovely fireplace, and beautiful fully equipped kitchen. This home has spacious bathrooms, fenced yard, and maintained W/D machines available.
1 Unit Available
802 S 1st Street Unit 219
802 South 1st Street, Austin, TX
Bouldin Creek
1 Bedroom
Ask
2 Bedrooms
$1,850
967 sqft
3 Bedrooms
Ask
Last updated September 20 at 09:16 AM
MOVE-IN TODAY: Updated 3 BR / 2.5 BA in S Austin - Walkable Location - W/D Included - This 2 BR / 2.
1 Unit Available
6506 Cat Creek Trail
6506 Cat Creek Trail, Austin, TX
2 Bedrooms
$1,850
1178 sqft
Last updated September 20 at 09:16 AM
Come home to serene living! - >>>> Click here to view our video tour: https://youtu.
1 Unit Available
1807 Walnut Ave
1807 Walnut Avenue, Austin, TX
Chestnut
Studio
$1,350
400 sqft
Last updated September 20 at 09:16 AM
Tiny House in backyard; private entrance - Property Id: 268240 If you like living minimally and don't need a ton of space, this 400 square foot studio is for YOU! Furnished with a comfortable queen size bed, TV, plenty of closet space, dining
1 Unit Available
1305 Canopy Creek Way
1305 Canopy Creek Way, Austin, TX
3 Bedrooms
$2,200
1850 sqft
Last updated September 20 at 09:16 AM
Stunning 3bd/2.5ba in South Austin - Backs to Greenbelt! - >>> Click here for our tour video: https://youtu.be/qLpdGvW5KL8 <<< Stunning 3bd/2.
1 Unit Available
6302 Shoal Creek
6302 Shoal Creek Boulevard, Austin, TX
Allandale
3 Bedrooms
$4,500
2348 sqft
Last updated September 20 at 09:16 AM
Beautifully Remodeled Home on Shoal Creek! - Completely renovated from top to bottom with designer touches! Amazing lot that backs to Shoal Creek. See pics for finish out - truly stunning.
1 Unit Available
202 Lavaca St 0216
202 Lavaca Street, Austin, TX
Downtown Austin
1 Bedroom
$2,820
1153 sqft
Last updated September 20 at 09:16 AM
202 Lavaca St Downtown! - Property Id: 138051 AMAZING is the only word I have for this western Exposure huge huge one bedroom with 1100 sq ft or more. The folks who want space and luxury this is it for you.
1 Unit Available
41 Rainey St 3002
41 Rainey Street, Austin, TX
Downtown Austin
1 Bedroom
Ask
3 Bedrooms
$6,940
2824 sqft
Last updated September 20 at 09:16 AM
3 bedroom Penthouse on Top floor 30th Floor - Property Id: 127447 Listing ID# PH773137 This towering 3 bedroom is 2824 sq ft 3 bedroom with 360 views of all of Downtown the Lake much more! This condo is for the best of the best, and you can
1 Unit Available
103 Colorado St 2307
103 Colorado Street, Austin, TX
Downtown Austin
2 Bedrooms
$5,260
1569 sqft
Last updated September 20 at 09:16 AM
23rd Floor Corner unit Downtown Austin great views - Property Id: 139429 This is the most underrated and amazing property in Downtown Austin! I love the cleanliness of this building and the professionalism of the staff, and most of all this
1 Unit Available
43 Rainey St 1905
43 Rainey Street, Austin, TX
Downtown Austin
1 Bedroom
Ask
2 Bedrooms
$3,085
1237 sqft
Last updated September 20 at 09:16 AM
43 Rainey St Austin TX 78701 Unit 1905 - Property Id: 127443 Listing ID# 773127 This beautiful Rainey St Condo has it all from picture perfect Lake Views, Amazing Downtown Views and wide open floor plans with floor to ceiling windows.
1 Unit Available
90 Rainey St 404
90 Rainey Street, Austin, TX
Downtown Austin
Studio
Ask
1 Bedroom
$1,923
799 sqft
2 Bedrooms
Ask
Last updated September 20 at 09:16 AM
90 Rainey St Austin TX 78701 Unit 404 - Property Id: 125913 Listing # 1313010 Exceptional living in Downtown Austin off Rainey St. Absolutely zero details have been left out of this amazing property.
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Find an apartment for rent in Austin, TX

Searching for an apartment for rent in Austin, TX? Look no further! Apartment List will help you find a perfect apartment near you. There are 1279 available rental units listed on Apartment List in Austin. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!

The median rent in Austin is $968 for a studio, $1,173 for a one-bedroom apartment, and $1,448 for a two-bedroom apartment. If you are looking for a deal, keep an eye out for a red pulsing icon that indicates rent specials.

Tired of browsing? Take our personalized quiz. You’ll answer a couple of simple questions and we’ll put together a list of Austin apartments that are best for you. We’ll also factor in your commute, budget, and preferred amenities. Looking for a pet-friendly rental, or an apartment with in-unit washer and dryer? No problem, we’ll provide you with apartments that match that criteria.

You can trust ApartmentList.com to help you find your next Austin, TX apartment rental! After all, everyone deserves a home they love.
Frequently Asked Questions (FAQs)
Frequently Asked Questions
How much is rent in Austin?
In Austin, the median rent is $968 for a studio, $1,173 for a 1-bedroom, $1,448 for a 2-bedroom, and $1,962 for a 3-bedroom. For more information on rental trends in Austin, check out our monthly Austin Rent Report.
How can I find a cheap apartment in Austin?
You can filter cheap apartments in Austin by price: under $1,100, under $1,000, under $900, under $800, or search by apartments that are offering move-in specials.
How can I find a pet-friendly apartment in Austin?
You can use the pet-friendly filter to find Austin apartments that allow pets.
How can I tour apartments during the COVID-19 pandemic?
While some Austin properties may not allow visitors at this time, most are open for business by phone or email. Please reach out to them directly for virtual touring options. Additionally, some properties may offer video and 3D tours, which can be found on the listing details page.
How much should I pay for rent in Austin?
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Austin.
How can I find off-campus housing in Austin?
You can use the off-campus housing filters to find apartments near colleges located in or around Austin. Some of the colleges and universities in the area include Huston-Tillotson University, Saint Edward's University, Austin Community College District, Concordia University-Texas, and The University of Texas at Austin.

Median Rent in Austin

Last updated Aug. 2020
The median rent for a 1 bedroom apartment in Austin is $1,173, while the median rent for a 2 bedroom apartment is $1,448.
Studio
$968
1 Bed
$1,173
2 Beds
$1,448
3+ Beds
$1,962
City GuideAustin
Best known as the Live Music Capital of the World, Austin has lots to offer anyone, even those of us who are not music junkies. It’s got a thriving cultural scene, gorgeous scenery, a strong business presence, unique culture, and more, all in the midst of an environment that blends fun and serenity. Read on for our complete city guide to Austin, as an aid to you as you search for the perfect apartment!
Best known as the Live Music Capital of the World, Austin has lots to offer anyone, even those of us who are not music junkies. It’s got a thriving cultural scene, gorgeous scenery, a strong business presence, unique culture, and more, all in the midst of an environment that blends fun and serenity. Read on for our complete city guide to Austin, as an aid to you as you search for the perfect apartment!

Black Cat Lounge on Austin's famed 6th Street

Kanye West performing at SXSW

Kayaking and sunbathing at Barton Creek in Austin's Greenbelt

Austin’s geographical setting is in hill country, with lots of gorgeous rivers and lakes. In fact, it’s bisected by the Colorado River (misnomer, we know) into northern and southern parts of the city. North Austin is largely residential, while downtown and southern areas of Austin hold more activity and attractions. And there are tons of areas in and around the city themselves that have their own unique characters too. Read on for our complete city guide to Austin, as an aid to you as you search for the perfect apartment!

To the northwest of the city lie established neighborhoods that some claim to feel more like Dallas than Austin. One of these is Arboretum Area, which offers top retail, great schools, high tech employers, tons of apartments, and lots of dining and nightspot options. The tech companies and University of Texas research campus are big draws for the population who live there.

On the south side of the Colorado River is an area called Barton Hills, which is absolutely full of things to do, especially outside. Apartments are plentiful here, and there are parks, swimming pools, creeks, greenbelts, hiking and biking trails, etc. all over the area. It’s an ideal place for people who love the best of all worlds because it offers plenty of activities, shopping (Barton Creek Square), great schools, and other options within itself but is also super close to downtown and 2nd street retail district.

The suburbs of Austin are also very desirable. West Lake Hills especially is a popular area with its great rolling hills, gorgeous views, and proximity to both the city and the Colorado River. It is also within the Eanes Independent School District, the top school district in Austin.

East Austin tends to be a bit more gritty and nonconformist, and is becoming an increasingly popular area of the city. It’s got lots of hole-in-the-wall places (this area serves some of Austin’s best Mexican food), murals, worn-in spots, rugged exteriors, and an eclectic mix of neighbors. Nightlife in East Austin is extensive and full of character.

Living in downtown Austin is great for those who want to be in the center of all the action. Depending on where one lives downtown, it’s either right next to or super close to the Colorado River and Lady Bird Lake, meaning there’s lots of water-play options. There are also tons of parks, museums, restaurants, shopping, and events going on too. Austin is one of the nation’s most fit cities, and this is reflected in downtown’s walkabilty as well as proximity to all kinds of trails for all kinds of activities. There’s also the weekly Farmers Market in Republic Square as well as lots of other healthy grocery options like Whole Foods and multiple Royal Blue Grocery locations.

Beyond fitness awards, Austin is a great place for tons of different people, including creative professionals. Obviously, being the Live Music Capital of the World provides tons of opportunities and a great scene for aspiring musicians and producers. However, it is also great for moviemakers, artists, authors, etc. And this is shown in the city’s eagerness to “Keep Austin Weird.” Although there are many large businesses and retail chains in the area, the city’s residents have a huge appreciation for all things indie, local, and unique. Austinites hold dear all the things that make them funky and love encouraging anything that adds to, or maintains, their funky vibe.

The main form of transportation in Austin is, of course, the classic automobile. However, plenty of public transportation options are available as well. Capital Metro is the city’s provider of public transportation, and they offer MetroBus, MetroRapid (bus service on the same line as MetroBus but with less stops), and MetroRail, that all run from north to south in the city; UT Shuttles (University of Texas transportation, free to those with a valid UT photo ID); and vanpool and carpool options.

Overall, Austin is an eclectic, thriving mix. Different parts of the city serve different interests, but all are united in their love for Austin’s unique vibe. Moving here means getting a lot of opportunities for exposure to various sounds, tastes, interests, and walks of life. It’s a great place for those who want to expand their horizons and experience varying types of influences! As always, Apartment List is here to help you find the perfect home.

Read More
City GuideAustin
Best known as the Live Music Capital of the World, Austin has lots to offer anyone, even those of us who are not music junkies. It’s got a thriving cultural scene, gorgeous scenery, a strong business presence, unique culture, and more, all in the midst of an environment that blends fun and serenity. Read on for our complete city guide to Austin, as an aid to you as you search for the perfect apartment!
Best known as the Live Music Capital of the World, Austin has lots to offer anyone, even those of us who are not music junkies. It’s got a thriving cultural scene, gorgeous scenery, a strong business presence, unique culture, and more, all in the midst of an environment that blends fun and serenity. Read on for our complete city guide to Austin, as an aid to you as you search for the perfect apartment!

Black Cat Lounge on Austin's famed 6th Street

Kanye West performing at SXSW

Kayaking and sunbathing at Barton Creek in Austin's Greenbelt

Austin’s geographical setting is in hill country, with lots of gorgeous rivers and lakes. In fact, it’s bisected by the Colorado River (misnomer, we know) into northern and southern parts of the city. North Austin is largely residential, while downtown and southern areas of Austin hold more activity and attractions. And there are tons of areas in and around the city themselves that have their own unique characters too. Read on for our complete city guide to Austin, as an aid to you as you search for the perfect apartment!

To the northwest of the city lie established neighborhoods that some claim to feel more like Dallas than Austin. One of these is Arboretum Area, which offers top retail, great schools, high tech employers, tons of apartments, and lots of dining and nightspot options. The tech companies and University of Texas research campus are big draws for the population who live there.

On the south side of the Colorado River is an area called Barton Hills, which is absolutely full of things to do, especially outside. Apartments are plentiful here, and there are parks, swimming pools, creeks, greenbelts, hiking and biking trails, etc. all over the area. It’s an ideal place for people who love the best of all worlds because it offers plenty of activities, shopping (Barton Creek Square), great schools, and other options within itself but is also super close to downtown and 2nd street retail district.

The suburbs of Austin are also very desirable. West Lake Hills especially is a popular area with its great rolling hills, gorgeous views, and proximity to both the city and the Colorado River. It is also within the Eanes Independent School District, the top school district in Austin.

East Austin tends to be a bit more gritty and nonconformist, and is becoming an increasingly popular area of the city. It’s got lots of hole-in-the-wall places (this area serves some of Austin’s best Mexican food), murals, worn-in spots, rugged exteriors, and an eclectic mix of neighbors. Nightlife in East Austin is extensive and full of character.

Living in downtown Austin is great for those who want to be in the center of all the action. Depending on where one lives downtown, it’s either right next to or super close to the Colorado River and Lady Bird Lake, meaning there’s lots of water-play options. There are also tons of parks, museums, restaurants, shopping, and events going on too. Austin is one of the nation’s most fit cities, and this is reflected in downtown’s walkabilty as well as proximity to all kinds of trails for all kinds of activities. There’s also the weekly Farmers Market in Republic Square as well as lots of other healthy grocery options like Whole Foods and multiple Royal Blue Grocery locations.

Beyond fitness awards, Austin is a great place for tons of different people, including creative professionals. Obviously, being the Live Music Capital of the World provides tons of opportunities and a great scene for aspiring musicians and producers. However, it is also great for moviemakers, artists, authors, etc. And this is shown in the city’s eagerness to “Keep Austin Weird.” Although there are many large businesses and retail chains in the area, the city’s residents have a huge appreciation for all things indie, local, and unique. Austinites hold dear all the things that make them funky and love encouraging anything that adds to, or maintains, their funky vibe.

The main form of transportation in Austin is, of course, the classic automobile. However, plenty of public transportation options are available as well. Capital Metro is the city’s provider of public transportation, and they offer MetroBus, MetroRapid (bus service on the same line as MetroBus but with less stops), and MetroRail, that all run from north to south in the city; UT Shuttles (University of Texas transportation, free to those with a valid UT photo ID); and vanpool and carpool options.

Overall, Austin is an eclectic, thriving mix. Different parts of the city serve different interests, but all are united in their love for Austin’s unique vibe. Moving here means getting a lot of opportunities for exposure to various sounds, tastes, interests, and walks of life. It’s a great place for those who want to expand their horizons and experience varying types of influences! As always, Apartment List is here to help you find the perfect home.

Rent Report
Austin

September 2020 Austin Rent Report

Welcome to the September 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 declined slightly over the past month

Austin rents have declined 0.2% over the past month, and are down moderately by 1.1% in comparison to the same time last year. Currently, median rents in Austin stand at $1,173 for a one-bedroom apartment and $1,448 for a two-bedroom. This is the fifth straight month that the city has seen rent decreases after an increase in March. Austin's year-over-year rent growth lags the state average of -0.1%, as well as the national average of 0.3%.

    Rents falling across cities in Texas

    Throughout the past year, rent decreases have been occurring not just in the city of Austin, but across many other cities in the state. Rents have dropped in 1 of the largest 10 cities in Texas for which we have data. The state as a whole logged rent growth of -0.1% 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, Plano is the most expensive of all Texas' major cities, with a median two-bedroom rent of $1,457; of the 10 largest Texas cities that we have data for, 6 have seen rents fall year-over-year, with Laredo experiencing the fastest decline (-1.2%).
    • El Paso, Arlington, and Corpus Christi have all experienced year-over-year growth above the state average (3.0%, 2.5%, and 0.8%, respectively).

    Similar cities nationwide show more affordable rents compared to Austin

    As rents have fallen moderately in Austin, other large cities nationwide have seen prices increase, in some cases substantially. Compared to most similar cities across the country, Austin is less affordable for renters.

    • Austin's median two-bedroom rent of $1,448 is above the national average of $1,195. Nationwide, rents have held steady over the past year.
    • While rents in Austin fell moderately over the past year, many cities nationwide saw increases, including Phoenix (+1.7%) and Detroit (+0.8%).
    • Renters will generally find more expensive prices in Austin than most other large cities. For example, Detroit has a median 2BR rent of $902, 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
    $1,170
    $1,450
    -0.2%
    -1.1%
    Round Rock
    $1,300
    $1,600
    0.2%
    1.9%
    Cedar Park
    $1,390
    $1,720
    0.3%
    1%
    Georgetown
    $1,170
    $1,450
    0.2%
    -1.5%
    Pflugerville
    $1,280
    $1,570
    0
    -0.7%
    San Marcos
    $980
    $1,210
    0.3%
    1.2%
    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.

    Read More

    September 2020 Austin Rent Report

    Welcome to the September 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

    September 2020 Austin Rent Report

    Welcome to the September 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 declined slightly over the past month

    Austin rents have declined 0.2% over the past month, and are down moderately by 1.1% in comparison to the same time last year. Currently, median rents in Austin stand at $1,173 for a one-bedroom apartment and $1,448 for a two-bedroom. This is the fifth straight month that the city has seen rent decreases after an increase in March. Austin's year-over-year rent growth lags the state average of -0.1%, as well as the national average of 0.3%.

      Rents falling across cities in Texas

      Throughout the past year, rent decreases have been occurring not just in the city of Austin, but across many other cities in the state. Rents have dropped in 1 of the largest 10 cities in Texas for which we have data. The state as a whole logged rent growth of -0.1% 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, Plano is the most expensive of all Texas' major cities, with a median two-bedroom rent of $1,457; of the 10 largest Texas cities that we have data for, 6 have seen rents fall year-over-year, with Laredo experiencing the fastest decline (-1.2%).
      • El Paso, Arlington, and Corpus Christi have all experienced year-over-year growth above the state average (3.0%, 2.5%, and 0.8%, respectively).

      Similar cities nationwide show more affordable rents compared to Austin

      As rents have fallen moderately in Austin, other large cities nationwide have seen prices increase, in some cases substantially. Compared to most similar cities across the country, Austin is less affordable for renters.

      • Austin's median two-bedroom rent of $1,448 is above the national average of $1,195. Nationwide, rents have held steady over the past year.
      • While rents in Austin fell moderately over the past year, many cities nationwide saw increases, including Phoenix (+1.7%) and Detroit (+0.8%).
      • Renters will generally find more expensive prices in Austin than most other large cities. For example, Detroit has a median 2BR rent of $902, 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
      $1,170
      $1,450
      -0.2%
      -1.1%
      Round Rock
      $1,300
      $1,600
      0.2%
      1.9%
      Cedar Park
      $1,390
      $1,720
      0.3%
      1%
      Georgetown
      $1,170
      $1,450
      0.2%
      -1.5%
      Pflugerville
      $1,280
      $1,570
      0
      -0.7%
      San Marcos
      $980
      $1,210
      0.3%
      1.2%
      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.

      Austin Renter Confidence Survey
      National study of renter’s satisfaction with their cities and states

      Here’s how Austin ranks on:

      A-
      Overall satisfaction
      A
      Safety and crime rate
      A+
      Jobs and career opportunities
      A
      Recreational activities
      C
      Affordability
      B+
      Quality of schools
      A
      Social Life
      B+
      Weather
      D
      Commute time
      A+
      State and local taxes
      D
      Public transit
      A+
      Pet-friendliness

      Overview of Findings

      Apartment List has released Austin’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters, provides insight on what states and cities must do to meet the needs of 111 million American renters nationwide.

      Austin renters expressed general satisfaction with the city overall," according to Apartment List. "However, ratings varied greatly across different categories, indicating that even though renters love Austin, some aspects can be better."

      Key findings in Austin include the following:

      • Austin renters gave their city an A- overall.
      • The highest-rated categories for Austin were jobs and career opportunities and state and local taxes, which both received A+ grades.
      • The areas of concern to Austin renters are commute time and public transit, which both received D grades.
      • Millennial renters are very satisfied (A), while renters who are parents are equally satisfied (A+).
      • Austin did relatively well compared to other cities in Texas, including Houston (B+) and Dallas (B).
      • Austin earned similar scores to other Southern cities such as Charlotte, NC (A-), Charleston, SC (A-) and Nashville, TN (A-).
      • The top rated cities nationwide for renter satisfaction include Scottsdale, AZ, Irvine, CA, Boulder, CO and Ann Arbor, MI. The lowest rated cities include Tallahassee, FL, Stockton, CA, Dayton, OH, Detroit, MI and Newark, NJ.

      Renters say:

      • "Beautiful landscapes and great water quality, but traffic can be bad and there is a large homeless population." – Carlton B.
      • "I love that there are so many outdoor activities to do with my family." – Troy P.
      • "I love that there’s lots of music and opportunities to enjoy nature, but public transit is spotty and it can be hard to get around" – Ally T.
      • "I love the open, creative vibe of the city. But you want to live on the same side of the city as your work or traffic will destroy you." – Caitlin T.

      For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.

      View our national survey results here.
      Read More

      Renter Confidence Survey

      Apartment List has released Austin’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters, provides insight on what states and cities must do to meet the needs of 111 million American renters nationwide.

      Austin renters expressed general satisfaction with the city overall," according to Apartment List. "Howev...

      View full Austin Renter Survey

      Here’s how Austin ranks on:

      A-
      Overall satisfaction
      A
      Safety and crime rate
      A+
      Jobs and career opportunities
      A
      Recreational activities
      C
      Affordability
      B+
      Quality of schools
      A
      Social Life
      B+
      Weather
      D
      Commute time
      A+
      State and local taxes
      D
      Public transit
      A+
      Pet-friendliness

      Overview of Findings

      Apartment List has released Austin’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters, provides insight on what states and cities must do to meet the needs of 111 million American renters nationwide.

      Austin renters expressed general satisfaction with the city overall," according to Apartment List. "However, ratings varied greatly across different categories, indicating that even though renters love Austin, some aspects can be better."

      Key findings in Austin include the following:

      • Austin renters gave their city an A- overall.
      • The highest-rated categories for Austin were jobs and career opportunities and state and local taxes, which both received A+ grades.
      • The areas of concern to Austin renters are commute time and public transit, which both received D grades.
      • Millennial renters are very satisfied (A), while renters who are parents are equally satisfied (A+).
      • Austin did relatively well compared to other cities in Texas, including Houston (B+) and Dallas (B).
      • Austin earned similar scores to other Southern cities such as Charlotte, NC (A-), Charleston, SC (A-) and Nashville, TN (A-).
      • The top rated cities nationwide for renter satisfaction include Scottsdale, AZ, Irvine, CA, Boulder, CO and Ann Arbor, MI. The lowest rated cities include Tallahassee, FL, Stockton, CA, Dayton, OH, Detroit, MI and Newark, NJ.

      Renters say:

      • "Beautiful landscapes and great water quality, but traffic can be bad and there is a large homeless population." – Carlton B.
      • "I love that there are so many outdoor activities to do with my family." – Troy P.
      • "I love that there’s lots of music and opportunities to enjoy nature, but public transit is spotty and it can be hard to get around" – Ally T.
      • "I love the open, creative vibe of the city. But you want to live on the same side of the city as your work or traffic will destroy you." – Caitlin T.

      For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.

      View our national survey results here.