Apartments for Rent in Riverside, Austin, TX

Riverside, Austin apartment availability

Riverside's rental market offers a very strong selection of listings, with an average of 410 rentals available each month in 2024. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of studios and 3-bedroom apartments. Many of these apartments cater to pet owners, with over 72% allowing pets, making Riverside a great neighborhood for those with furry friends. With its diverse range of rentals and pet-friendly amenities, Riverside is a popular choice for renters in Austin.

Riverside, Austin rental market trends

The Riverside neighborhood in Austin saw a decline in average monthly rent by about 5.7% last year, bringing the average rent for all bed counts and property types to $1,555. 1-bedrooms averaged $1,445 per month, reflecting an annual decrease of 7.9%. The average rent for a 2-bedroom was about $1,726, while studios averaged $1,336.

Riverside's rental market tends to be more expensive at the beginning of the year, with January typically seeing the highest rent. In contrast, December is usually the most affordable month, with rents about 7.3% lower than in January. This trend suggests that renters may find better deals during the winter months. Additionally, the market for 3-bedrooms bucked the overall trend, with a modest 1.5% year-over-year increase, indicating a relatively stable demand for larger rentals in the area.

Why Riverside, Austin is a great place to live

We've analyzed data from the last few years to understand what makes Riverside, Austin, an attractive neighborhood for renters. Our findings suggest that Riverside excels in catering to social life and pet friendliness.

The neighborhood's well-designed street infrastructure, frequent transit options, high walk score, and abundance of shared spaces make it an ideal location for those who value an active social life. Additionally, the area's focus on safety ensures that residents can enjoy the local amenities without worry.

For pet owners, Riverside offers a range of pet-friendly features, including designated pet waste areas, ample space for pets to rest, pet-safe windows, and regular pet events. The neighborhood's outdoor spaces, lack of breed restrictions, and nearby dog parks further contribute to its pet-friendly reputation. If you're looking for a neighborhood that balances social opportunities with pet-friendly amenities, Riverside is worth considering.