Average Rent in Downtown Austin, Austin, TX and Rent Price Trends

Rent trends in Downtown Austin, Austin, TX

Average rent prices in Downtown Austin have decreased by 9% over the last month and have increased by 17% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Downtown Austin, Austin, TX

Rent prices in Downtown Austin vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Downtown Austin is $3,123, whereas a house costs $8,397. 1-bedroom apartments in Downtown Austin run $2,700 on average, while 2-bedroom apartments are $3,801.


Studio	$1,951	19%	1%
1 bedroom	$2,657	11%	12%
2 bedroom	$3,757	12%	3%
3 bedroom	$8,901	10%	4%
4 bedroom	$6,800	5%	505%

		Listings
Central East Austin	$2,382
Old West Austin	$2,102
Riverside	$1,499
University Of Texas Austin	$1,380
West University	$1,550
Zilker	$2,145


Apartments	$3,123	12%	No Change
Condos	$2,502	5%	No Change
Houses	$8,397	4%	No Change
Rooms	$1,015	5%	-

Studio

Average rent

$1,951

Last 30 days

19%

Last year

1 bedroom

Average rent

$2,657

Last 30 days

11%

Last year

12%

2 bedroom

Average rent

$3,757

Last 30 days

12%

Last year

3 bedroom

Average rent

$8,901

Last 30 days

10%

Last year

4 bedroom

Average rent

$6,800

Last 30 days

Last year

505%

The table above reflects average rent prices in Downtown Austin, Austin, TX, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Downtown Austin, Austin, TX compare to other neighborhoods?

Compare median rent prices in Downtown Austin and Central East Austin by all bedroom counts and property types.

Downtown Austin

Median rent price$3,083

58%

higher than the national median

Median rent price$2,382

22%

higher than the national median

Takeaway

The median rent for all rentals in Downtown Austin, Austin, TX is 29% higher than the median rent in Central East Austin, Austin, TX.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$2,382

$2,102

$1,499

University Of Texas Austin

$1,380

$1,550

$2,145

Discover rentals in Downtown Austin, Austin, TX

5d+ ago

Downtown Austin apartment for rent in Austin

Find luxury apartment in Central Austinone month free

106 Nueces St #945, Austin, TX 78701

3 beds

3 baths

$950

Apartment for rent

5d+ ago

Downtown Austin apartment for rent in Austin

superb etravagant oasis w/ great specials in North Side

1807 Rio Grande St #1745, Austin, TX 78701

1 bed

1 bath

$966

Apartment for rent

Furnished Rooms at Common Capitol - Photo 1 of 1

3h ago

8.6

Very good

Furnished Rooms at Common Capitol

1108 Nueces Street, Austin, TX 78701

1–3 beds

1–2 baths

$1,077–$1,169

Apartment for rent

Available May 20

5d+ ago

Downtown Austin apartment for rent in Austin

Glamorous living can be yours! apartments in Downtown Austin ..

1406 Rio Grande St #942, Austin, TX 78701

1 bed

1 bath

$1,100

Apartment for rent

5d+ ago

Downtown Austin apartment for rent in Austin

Historic charm with high-energy elegance .Downtown Austin apartments ..

607 W 11th St #241, Austin, TX 78701

1 bed

1 bath

$1,150

Apartment for rent

1800 Rio Grande Street #100 - Photo 1 of 1

5d+ ago

Verified

1800 Rio Grande Street #100, Austin, TX 78701

1 bed

1 bath

$1,196

Apartment for rent

Available Oct 28

4d ago

Downtown Austin condo for rent in Austin

Modern 1 Bed/2 Bath Condo in Austin - $1200/mo

603010 Davis St, Austin, TX 78701

1 bed

2 baths

$1,200

Condo for rent

3D tour

3h ago

8.6

Very good

Penthouse Apartments

1801 Rio Grande St, Austin, TX 78701

1–3 beds

1–2 baths

$1,204–$1,900

Apartment for rent

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Downtown Austin, Austin, TX

Quick answers to common questions about the Downtown Austin rental market.

How much is rent in Downtown Austin?

The average rent in Downtown Austin is $3,083 per month as of June 13, 2026.

Is rent up or down in Downtown Austin?

Average rent prices in Downtown Austin have decreased by 9% over the last month and have increased by 17% since last year.

How does Downtown Austin rent compare to the national average?

Rent in Downtown Austin is 58% above the national average, which means renters are paying approximately $1,133 more per month.

What salary do I need to afford rent in Downtown Austin?

To comfortably afford rent in Downtown Austin, you'd need to earn approximately $123,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Austin

Apartments for rent in Bee Cave

Apartments for rent in Cedar Park

Apartments for rent in Georgetown

Apartments for rent in Hutto

Apartments for rent in Jollyville

Apartments for rent in Kyle

Apartments for rent in Leander

Apartments for rent in Manor

Apartments for rent in New Braunfels

Apartments for rent in Pflugerville

Apartments for rent in Round Rock