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 5% over the last month and have decreased by 11% 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 $2,576, whereas a house costs $4,600. 1-bedroom apartments in Downtown Austin run $2,345 on average, while 2-bedroom apartments are $3,380.


Studio	$1,823	No Change	15%
1 bedroom	$2,274	1%	11%
2 bedroom	$3,302	7%	28%
3 bedroom	$6,679	19%	23%
4 bedroom	$8,195	28%	27%

		Listings
Central East Austin	$2,300
Old West Austin	$1,762
Riverside	$1,374
University Of Texas Austin	$1,268
West University	$1,412
Zilker	$1,986


Apartments	$2,576	12%	No Change
Condos	$2,502	7%	No Change
Houses	$4,600	46%	No Change

Studio

Average rent

$1,823

Last 30 days

No Change

Last year

15%

1 bedroom

Average rent

$2,274

Last 30 days

Last year

11%

2 bedroom

Average rent

$3,302

Last 30 days

Last year

28%

3 bedroom

Average rent

$6,679

Last 30 days

19%

Last year

23%

4 bedroom

Average rent

$8,195

Last 30 days

28%

Last year

27%

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$2,567

32%

higher than the national median

Median rent price$2,300

19%

higher than the national median

Takeaway

The median rent for all rentals in Downtown Austin, Austin, TX is 12% higher than the median rent in Central East Austin, Austin, TX.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$2,300

$1,762

$1,374

University Of Texas Austin

$1,268

$1,412

$1,986

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

3d ago

7.4

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

Highly rated

3D tour

1d ago

8.2

Very good

Lantana Apartments

1802 West Ave, Austin, TX 78701

1–3 beds

1–2 baths

$1,250–$2,000

Apartment for rent

5d+ ago

Downtown Austin condo for rent in Austin

1800 Lavaca St #107, Austin, TX 78701

1 bed

1 bath

$1,325

Condo for rent

Available May 10

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

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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 $2,567 per month as of August 1, 2026.

Is rent up or down in Downtown Austin?

Average rent prices in Downtown Austin have decreased by 5% over the last month and have decreased by 11% since last year.

How does Downtown Austin rent compare to the national average?

Rent in Downtown Austin is 32% above the national average, which means renters are paying approximately $627 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 $103,000/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).

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