101 Apartments under 1300 for rent in Cedar Park, TX

Last updated August 19 at 9:22am UTC
Muir Lake Apartments
12600 Avery Ranch Blvd
Cedar Park, TX
Updated August 19 at 6:51am UTC
1 Bedroom
$1,005
2 Bedrooms
$1,640
Results within 1 miles of Cedar Park, TX
10616 Mellow Meadow #29B
Austin
Austin, TX
Updated August 6 at 10:47am UTC
2 Bedrooms
$1,095
701 N Vista Ridge Blvd
Cedar Park
Cedar Park, TX
Updated August 19 at 9:21am UTC
1 Bedroom
$1,025
Results within 5 miles of Cedar Park, TX
2800 S Lakeline Blvd
Cedar Park
Cedar Park, TX
Updated August 6 at 9:11am UTC
1 Bedroom
$1,012
10800 Lakeline Blvd
Austin
Austin, TX
Updated August 19 at 9:22am UTC
1 Bedroom
$1,037
10800 Lakeline Blvd
Austin
Austin, TX
Updated August 19 at 9:22am UTC
2 Bedrooms
$1,240

August 2018 Cedar Park Rent Report

Welcome to the August 2018 Cedar Park Rent Report. Cedar Park rents increased over the past month. In this report, we'll evaluate trends in the Cedar Park rental market, including comparisons to cities throughout the state and nation.

View full Cedar Park Rent Report
Rent Report
Cedar Park

August 2018 Cedar Park Rent Report

Welcome to the August 2018 Cedar Park Rent Report. Cedar Park rents increased over the past month. 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 increased moderately over the past month

Cedar Park rents have increased 0.3% over the past month, but have remained steady at 0.1% in comparison to the same time last year. Currently, median rents in Cedar Park stand at $1,310 for a one-bedroom apartment and $1,620 for a two-bedroom. This is the seventh straight month that the city has seen rent increases after a decline in December of last year. Cedar Park's year-over-year rent growth lags the state average of 1.9%, as well as the national average of 1.2%.

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. The state as a whole logged rent growth of 1.9% 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 $1,430; of the 10 largest cities in Texas that we have data for, Lubbock and El Paso, where two-bedrooms go for $820 and $830, are the only two major cities in the state to see rents fall year-over-year (-2.5% and -0.4%).
  • Houston, Corpus Christi, and Arlington have all experienced year-over-year growth above the state average (3.6%, 3.4%, and 2.4%, 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; in contrast, rents in a few cities 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 $1,620 is above the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the stagnant growth in Cedar Park.
  • While rents in Cedar Park remained moderately stable this year, similar cities saw increases, including Phoenix (+2.4%), Atlanta (+1.8%), and San Francisco (+1.1%); note that median 2BR rents in these cities go for $1,050, $1,180, and $3,090 respectively.
  • Renters will generally find more expensive prices in Cedar Park than most large cities. For example, Detroit has a median 2BR rent of $890, 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.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Austin $1,140 $1,410 0.7% 0.6%
Round Rock $1,240 $1,530 0.4% -0.6%
Cedar Park $1,310 $1,620 0.3% 0.1%
Georgetown $1,210 $1,500 -0.1% 0.9%
Pflugerville $1,260 $1,550 -0.8% 0.3%
San Marcos $960 $1,190 0.4% 3.8%

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.