195 Cheap Apartments for rent in Cedar Park, TX

Last updated July 23 at 9:29am UTC
Results within 1 miles of Cedar Park, TX
Results within 5 miles of Cedar Park, TX
2800 S Lakeline Blvd
Cedar Park
Cedar Park, TX
Updated July 23 at 9:28am UTC
1 Bedroom
701 N Vista Ridge Blvd
Cedar Park
Cedar Park, TX
Updated July 4 at 1:29am UTC
1 Bedroom
10800 Lakeline Blvd
Austin, TX
Updated July 23 at 9:29am UTC
1 Bedroom
11519 Pecan Creek Pkwy
Austin, TX
Updated July 23 at 1:06am UTC
2 Bedrooms

July 2018 Cedar Park Rent Report

Welcome to the July 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

July 2018 Cedar Park Rent Report

Welcome to the July 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 significantly over the past month

Cedar Park rents have increased 0.4% over the past month, and are up slightly by 1.4% in comparison to the same time last year. Currently, median rents in Cedar Park stand at $1,310 for a one-bedroom apartment and $1,610 for a two-bedroom. This is the sixth 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 2.1%, but is in line with the national average of 1.4%.

Rents rising across cities in Texas

Throughout the past year, rent increases have been occurring not just in the city of Cedar Park, but across the entire state. Of the largest 10 cities that we have data for in Texas, 9 of them have seen prices rise. The state as a whole logged rent growth of 2.1% 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 $1,420; of the 10 largest cities in the state that we have data for, Lubbock, where a two-bedroom goes for $820, is the only major city to see rents fall year-over-year (-2.3%).
  • Corpus Christi, Houston, and Arlington have all experienced year-over-year growth above the state average (4.4%, 3.7%, and 3.3%, respectively).

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

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

  • Cedar Park's median two-bedroom rent of $1,610 is above the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year, which matches the rise in Cedar Park.
  • While Cedar Park's rents rose slightly over the past year, many cities nationwide saw decreases, including Seattle (-2.0%), DC (-0.1%), and Minneapolis (-0.1%).
  • 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 $1,400 0.8% 0.6%
Round Rock $1,230 $1,520 0.2% -0.6%
Cedar Park $1,310 $1,610 0.4% 1.4%
Georgetown $1,220 $1,500 0.3% 1.6%
Pflugerville $1,270 $1,570 1.1% 1.7%
San Marcos $950 $1,190 0.3% 3.4%

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.


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.