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51 Apartments for rent in Cedar Park, TX

Last updated July 21 at 12:22AM
View at Cedar Park
1430 Main St
Cedar Park, TX
Updated July 20 at 11:44PM
Studio
$899
1 Bedroom
Ask
2 Bedrooms
$1,299
1900 Little Elm TRL
Cedar Park
Cedar Park, TX
Updated July 12 at 2:43AM
3 Bedrooms
$1,625
2803 Aster Pass
Cedar Park
Cedar Park, TX
Updated July 15 at 9:43AM
3 Bedrooms
$1,550
1918 Marysol Trail
Cedar Park
Cedar Park, TX
Updated July 20 at 1:16PM
3 Bedrooms
$1,625
1606 Big Thicket
Cedar Park Town Center
Cedar Park, TX
Updated July 16 at 5:39PM
4 Bedrooms
$1,625
608 Alamo Plaza DR
Cedar Park Town Center
Cedar Park, TX
Updated July 15 at 10:08AM
3 Bedrooms
$1,550
411 Oakridge Pass
Buttercup Creek
Cedar Park, TX
Updated June 21 at 10:13AM
3 Bedrooms
$1,450
1402 Gator Creek Dr
Cedar Park
Cedar Park, TX
Updated July 20 at 3:00PM
3 Bedrooms
$1,825
2402 Orleans
Cedar Park
Cedar Park, TX
Updated July 13 at 10:30AM
3 Bedrooms
$1,600
110 N Frontier LN
Ranch at Brushy Creek
Cedar Park, TX
Updated July 7 at 6:04PM
4 Bedrooms
$3,300
2708 Dagama CT
Anderson Mill West
Cedar Park, TX
Updated July 15 at 10:08AM
3 Bedrooms
$2,100
2610 Corabella Pl
Cedar Park
Cedar Park, TX
Updated July 20 at 12:06PM
5 Bedrooms
$2,449
1900 Conn Creek Rd
Cedar Park
Cedar Park, TX
Updated July 4 at 2:36PM
4 Bedrooms
$2,100
Zambia Dr
Cedar Park
Cedar Park, TX
Updated July 13 at 9:07AM
5 Bedrooms
$3,995
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Rent Report
Cedar Park

July 2017 Cedar Park Rent Report

Welcome to the July 2017 Cedar Park Rent Report. In this report, we'll evaluate trends in the Cedar Park rental market, including comparisons to cities throughout the state and nation.

Cedar Park rents increase sharply over the past month

Cedar Park rents have increased 1.1% over the past month, but have remained steady in comparison to the same time last year. Currently, median rents in Cedar Park stand at $1,290 for a one-bedroom apartment and $1,590 for a two-bedroom. This is the fifth straight month that the city has seen rent increases after a decline in January. Cedar Park's year-over-year rent growth lags the state average of 1.3%, as well as the national average of 2.9%.

Rents rising across cities in Texas

Throughout the past year, rents have remained steady in the city of Cedar Park, but other cities across the entire state have seen rents increase. Of the largest 10 cities that we have data for in Texas, 8 of them have seen prices rise. Texas as a whole has logged a 1.3% year-over-year growth. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the rest of the state, Plano is the most expensive of all Texas' major cities outside the Austin metro, with a median two-bedroom rent of $1,410; of the 10 largest cities in Texas that we have data for, Houston and Corpus Christi, where two-bedrooms go for $990 and $1,010, are the two other major cities in the state to see rents fall year-over-year (-2.8% and -2.0%).
  • Arlington, Garland, and Fort Worth have all experienced year-over-year growth above the state average (9.0%, 5.2%, and 4.8%, respectively).

Many large cities nationwide show more affordable rents compared to Cedar Park

Rent growth in Cedar Park has been relatively stable over the past year - some other large cities have seen more substantial increases, while in a few cases, rents have actually declined. Compared to most large cities across the country, Cedar Park is less affordable for renters.

  • Cedar Park's median two-bedroom rent of $1,590 is above the national average of $1,150. Nationwide, rents have grown by 2.9% over the past year.
  • While rents in Cedar Park remained moderately stable this year, similar cities saw increases, including Seattle (+5.6%), Phoenix (+5.1%), Detroit (+2.4%); note that median 2BR rents in these cities go for $1,680, $1,020, and $880 respectively.
  • Renters will generally find more expensive prices in Cedar Park than most large cities. Comparably, Detroit has a median 2BR rent of $880, where Cedar Park 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.

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.