$1,850
Average Rent
$1,700
Median Rent
+6.2%
Year-over-Year Growth
4.8%
Vacancy Rate
About Austin, TX
Austin is a vibrant tech and music hub known for its unique culture and rapid growth.
Popular Neighborhoods in Austin
Downtown Austin
$2,400/moThe heart of the city with luxury condos and high-end dining.
South Congress
$2,100/moTrendy neighborhood known for its boutiques and music venues.
The Domain
$1,950/moModern mixed-use area in North Austin with corporate offices.
Austin Rental Market Insights
Massive investment from companies like Tesla and Google drives demand.
New supply is starting to meet demand, cooling rent growth slightly.
High demand for student-focused housing near UT Austin.
Frequently Asked Questions
What is the average rent in Austin?
Average rent is approximately $1,850.