Apartments & Condos for Rent in Austin, TX

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What to Know About

Living in Austin, TX

Austin, the "Live Music Capital of the World," is an eclectic city. It's known for its creative culture and progressive atmosphere and being a hub for technology, innovation, and entrepreneurship. From world-famous live music venues like the Continental Club to an elegant art scene which includes the Long Center for the Performing Arts, the Paramount Theater, the Blanton Museum of Art, and interactive exhibits at the Bullock Texas State History Museum and Austin Children's Museum, Austin offers a rich tapestry of cultural experiences.

Food lovers will delight in Austin's diverse and delicious cuisine, ranging from food trucks to upscale dining, featuring authentic Tex-Mex and innovative farm-to-table options. Outdoor enthusiasts will find many activities to enjoy, from parks and recreational areas like Zilker Park and Barton Springs to the University of Texas Longhorns sports teams. From the annual South by Southwest (SXSW) festival to the Austin City Limits Music Festival, Austin is constantly buzzing with events and activities for all to enjoy.

Austin truly is a fantastic city. So whether you're looking for a great job, thrilling nightlife, or an excellent arts and culture scene, Austin has it all.

Rental Market Trends

Austin, TX

As of May 2025, Austin's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Austin's average rent is 5.5% ($82) higher than the Texas average of $1,484 and 12.7% ($227) lower than the U.S. average of $1,793.

Average Rent
$1,566
Monthly ChangeMonth Over Month Change
Decreased3.1% ($50)
Yearly ChangeYear Over Year Change
Decreased15.6% ($290)
Avg. Days on MarketAverage Days on Market
43
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,391 Decreased1.6% ($22) Decreased13.2% ($211)
2 Beds $1,736 Decreased2.7% ($48) Decreased16.9% ($354)
3 Beds $2,637 Decreased0.9% ($25) Decreased7.5% ($214)
Nearby Cities Average Rent Avg. Rent vs. AustinAverage Rent vs. Austin Avg. Days on MarketAverage Days on Market
Manchaca $2,550 Increased62.8% ($984) 47 days
Pflugerville $1,572 Increased0.4% ($6) 35 days
Del Valle $1,536 Decreased1.9% ($30) 42 days
Manor $1,626 Increased3.8% ($60) 58 days
Cedar Park $1,508 Decreased3.7% ($58) 34 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Austin Rental Market FAQs

Explore rental prices, market trends, and availability in Austin, TX.

The average rent in Austin, TX is $1,566 per month.
Apartments in Austin typically rent for between $974 and $3,428 per month, with an average of $1,566 per month.
In Austin, the average rent for a 1-bedroom apartment is $1,391 per month, for a 2-bedroom apartment, $1,736 per month, and a 3-bedroom apartment is $2,637 per month.
The average rent in Austin is 12.7% ($227) lower than the national average of $1,793 per month.
The average rent in Austin has decreased by 3.1% ($50) in the last month and decreased by 15.6% ($290) over the past year.
The rental market in Austin, TX, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Austin, TX, the average rental stays on the market for approximately 43 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 3,386 rental properties available in Austin, TX.
Based on the current averages, a household would need an annual income of $69,440 to comfortably afford a 2-bedroom apartment in Austin.
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