Apartment for rent

5+ Days Ago

1607 Palma Plz
1607 Palma Plz, Austin, TX 78703, USA

Monthly rent	$1,200
Beds	Studio
Baths	1
Sqft	400–500

Apartment for rent

5+ Days Ago

1607 Palma Plz
1607 Palma Plz, Austin, TX 78703, USA

Apartment for rent

Monthly rent	$1,200
Beds	Studio
Baths	1
Sqft	400–500

1607 Palma Plz
1607 Palma Plz, Austin, TX 78703, USA

Apartment for rent

Monthly rent	$1,200
Beds	Studio
Baths	1
Sqft	400–500

5+ Days Ago

Studio 1 bath unit

Address details

Units	4
Units available	2
Neighborhood
City
Zip code	78703

Units

1607 Palma Plz, Austin, TX

1607 Palma Plz Austin, TX

Show occupied

New Listing

C

Studio

1 Bath

500 sqft

$1,200

New Listing

B

Studio

1 Bath

400 sqft

$1,200

Occupied Units

Occupied

D

1 Bed

1.5 Baths

1,000 sqft

$1,295

Ceiling Fan • In-Unit Laundry • Hardwood Floor

Occupied

Apt A

1 Bed

1 Bath

600 sqft

$1,500

Amenities for 1607 Palma Plz

Some units at this address have these amenities. View unit details for more information.

Building

Dogs Ok
Cats Ok
Outdoor Space
Storage

Unit Amenities

Ceiling Fan
In-Unit Laundry
Hardwood Floor

Policies at 1607 Palma Plz

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

About 1607 Palma Plz

Home

Apartments in Austin

Old West Austin

1607 Palma Plz, Austin, TX 78703, USA

Discover the charm of Old West Austin at 1607 Palma Plaza! This intimate community consists of 4 units, offering a cozy studio floorplan with sizes ranging from 400 to 500 sq. Residents can enjoy a range of amenities, including on-site laundry, a private patio, and a convenient location near top-rated schools, with two elementary, two middle, and two high schools boasting A- or higher ratings. Additional perks include nearby public transportation and a short stroll to local shops and eateries. With its unique blend of comfort and convenience, this property is an excellent choice for those seeking a relaxed, low-maintenance lifestyle. One of the standout benefits of this property is its proximity to highly-rated educational institutions.

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Address details

Units	4
Units available	2
Neighborhood
City
Zip code	78703

Property highlights

How 1607 Palma Plz, Austin, TX 78703, USA compares to other nearby properties.

Positives

Less expensive: Some rentals at this address are cheaper than similar listings nearby
More space: Studio is 51 sqft larger than other listings nearby
Middle school nearby: There is a middle school 1 mile away
Elementary school nearby: There is an elementary school 0.3 mile away
Images available: There are at least 10 photos of this address

Considerations

Greater distance from high schools: The nearest high school is farther than 1 mile away
No in-unit dishwasher: Dishwashers aren't available
Pet restrictions: Pets aren't allowed at this location.

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Rent trends in Austin

Studio apartments at 1607 Palma Plz #C cost about 33% less than the average rent price for studios in Old West Austin.

Median rents as of Apr 25 2026.

Old West Austin

Austin

A table of studio rental data trends in Austin
Month	Median Rent
May 2024	$1,504
June 2024	$1,520
July 2024	$1,502
August 2024	$1,521
September 2024	$1,582
October 2024	$1,596
November 2024	$1,576
December 2024	$1,569
January 2025	$1,582
February 2025	$1,576
March 2025	$1,582
April 2025	$1,601
May 2025	$1,583
June 2025	$1,582
July 2025	$1,574
August 2025	$1,579
September 2025	$1,582
October 2025	$1,582
November 2025	$1,584
December 2025	$1,585
January 2026	$1,584
February 2026	$1,588
March 2026	$1,584
April 2026	$1,602

A table of studio rental data trends in Old West Austin
Month	Median Rent
May 2024	$1,778
June 2024	$1,840
July 2024	$1,818
August 2024	$1,824
September 2024	$1,874
October 2024	$1,874
November 2024	$1,874
December 2024	$1,830
January 2025	$1,742
February 2025	$1,735
March 2025	$1,735
April 2025	$1,738
May 2025	$1,863
June 2025	$1,858
July 2025	$1,863
August 2025	$1,874
September 2025	$1,842
October 2025	$1,798
November 2025	$1,795
December 2025	$1,799
January 2026	$1,795
February 2026	$1,794
March 2026	$1,801
April 2026	$1,802

Affordability calculator

Can I afford to live at 1607 Palma Plz?

Bedrooms

Studio

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$48,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this studio median monthly rent price of $1,200.

For more information on rent affordability, visit our rent calculator.

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Rent history

Check out the past listing prices for monthly rent at 1607 Palma Plz, Austin, TX.
			Bath
2 months ago	$1,500	1 bed	1 bath
1 year ago	$1,495	1 bed	1 bath
1 year ago	$1,100	Studio	1 bath
1 year ago	$1,200	Studio	1 bath
4 years ago	$1,095	Studio	1 bath
5 years ago	$1,295	1 bed	1.5 bath
6 years ago	$950	Studio	1 bath