195 Luxury Apartments for rent in Cedar Park, TX

Last updated June 19 at 6:03am UTC
415 Honeysuckle Dr
Buttercup Creek
Cedar Park, TX
Updated June 19 at 1:36am UTC
3 Bedrooms
$1,675
1107 Rawhide Trail
Cedar Park
Cedar Park, TX
Updated June 17 at 9:20am UTC
3 Bedrooms
$1,695
1508 Avery Elissa Ln
Buttercup Creek
Cedar Park, TX
Updated June 17 at 9:18am UTC
4 Bedrooms
$1,950
738 Nelson Ranch Road
Buttercup Creek
Cedar Park, TX
Updated June 16 at 10:02am UTC
4 Bedrooms
$2,675
1506 Main Street
Cedar Park Town Center
Cedar Park, TX
Updated June 15 at 10:24am UTC
3 Bedrooms
$1,775
1508 Big Bend
Cedar Park Town Center
Cedar Park, TX
Updated June 15 at 10:20am UTC
3 Bedrooms
$1,750
2109 Simbrah DR
Cedar Park
Cedar Park, TX
Updated June 14 at 7:35pm UTC
4 Bedrooms
$2,350
2009 E Gann Hill Dr
Cedar Park
Cedar Park, TX
Updated June 14 at 5:55pm UTC
3 Bedrooms
$1,600
2211 Founder Drive
Cedar Park
Cedar Park, TX
Updated June 14 at 10:16am UTC
3 Bedrooms
$1,450
510 SCARLET MAPLE DR
Cedar Park
Cedar Park, TX
Updated June 14 at 10:10am UTC
3 Bedrooms
$1,995
1816 Lloydminister WAY
Cedar Park
Cedar Park, TX
Updated June 13 at 8:58pm UTC
3 Bedrooms
$1,550
1608 Plateau Ridge
Cedar Park
Cedar Park, TX
Updated June 13 at 11:18am UTC
3 Bedrooms
$2,400
505 Paseo Grand Drive
Cedar Park
Cedar Park, TX
Updated June 13 at 11:12am UTC
3 Bedrooms
$1,745
1641 Abbey Lane
Cedar Park
Cedar Park, TX
Updated June 15 at 10:21am UTC
3 Bedrooms
$1,650
605 Bristlewood Cove
Buttercup Creek
Cedar Park, TX
Updated June 13 at 5:53pm UTC
3 Bedrooms
$1,695

June 2018 Cedar Park Rent Report

Welcome to the June 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

June 2018 Cedar Park Rent Report

Welcome to the June 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 slightly over the past month

Cedar Park rents have increased 0.2% over the past month, and have increased moderately by 2.1% in comparison to the same time last year. Currently, median rents in Cedar Park stand at $1,300 for a one-bedroom apartment and $1,610 for a two-bedroom. This is the fifth 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 leads the state average of 2.0%, as well as the national average of 1.5%.

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 2.0% 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 (-2.2%).
  • Corpus Christi, Arlington, and Houston have all experienced year-over-year growth above the state average (4.6%, 4.1%, and 3.4%, respectively).

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

As rents have increased moderately in Cedar Park, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. 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 $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 2.1% increase in Cedar Park.
  • While Cedar Park's rents rose moderately over the past year, some cities nationwide saw decreases, including Seattle (-0.8%) and DC (-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 $1,130 $1,390 0.6% 0.3%
Round Rock $1,230 $1,520 0.4% -1.0%
Cedar Park $1,300 $1,610 0.2% 2.1%
Georgetown $1,210 $1,500 0.6% 1.9%
Pflugerville $1,250 $1,550 0.8% 1.1%
San Marcos $950 $1,180 0.7% 3.2%

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.