Climbing 2 spots this month, Austin ranked as the 33rd most expensive rental market in the nation. The price of one bedroom units grew 3.8% to a median of $1,080, while two bedrooms jumped 4.5% to $1,380.
(Note: This new rent map is interactive so you can zoom and hover over hoods and the legend for more info)
Downtown Austin was the most expensive neighborhood to rent this summer with one bedrooms priced at a median of $1,950. A few hundred dollars behind, Holly ($1,640) and East Cesar Chavez ($1,600) were the next priciest areas. Mid-range priced rentals, around $1,000, could be found in Brentwood, St. Edwards, and McKinney.
On the other end of the cost spectrum, Heritage Hills, Montopolis, and Franklin Park were the most affordable neighborhoods to rent with one bedrooms priced under $800.
To see how Austin’s rents compare with the rest of the nation’s, check out our August National Rent Report, which analyzes over 1 million active listings available in the prior month.
To keep up to date with rent changes across the country, like or follow us on Facebook, Gazouillement, ou Pinterest. In the market for a new place? Search all Austin apartments for rent on Zumper now.
For a refresher on how we analyze our rental data, view our methodology blog post here.
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