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City Report · AR

Austin

Pop. 3,915·24th most expensive in Arkansas·One of the most affordable rental markets in the US
Median rent (all units)
$1,123/mo
Year-over-Year
Stable
Month-over-Month
-3.4%
vs US Median
-$842
Falling (Monthly)
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Most AffordableMost Expensive
Austin · $1,123
More affordable than 94% of US cities · National median $1,965/mo
Affordability
12% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,123/mo, rent takes about 12% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$45,000/yr
Local median income
$113,764/yr
Based on the 30%-of-income rule using Austin's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,020
1 BR
$1,030
2 BR
$1,190
3 BR
$1,590
4 BR+
$1,880
Research median
$1,190/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: May 18, 2026

Annual cost
$13,476/yr
At $1,123/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -3.4% MoM), not inventory.
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Demographics

Who lives here

Austin, AR is majority owner-occupied, has a large share of families with children, has a median income above the national average, 44% of residents hold a bachelor's degree or higher.

Population
3,915
Median income
$113,764
Median age
30.5
Renters
18.8%
Age distribution
27.7%
29.4%
25.2%
Under 1827.7%
18–3429.4%
35–5425.2%
55–6410.7%
65+7.1%
Gender
47.1%
52.9%
Male47.1%
Female52.9%
Race & ethnicity
91.2%
White91.2%
Black1.7%
Hispanic4%
Asian4.5%
Education (25+)
19.5%
31%
44%
No HS diploma5.5%
HS diploma19.5%
Some college31%
Bachelor's+44%
Housing tenure
81.2%
18.8%
Owner81.2%
Renter18.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Austin, AR has changed in 5 years

Income
$78,878 → $113,764
up 44.2%
Population
3,486 → 3,915
up 12.3%
Renter share
25.1% → 18.8%
-6.3 pts
Bachelor's+
32.2% → 44%
+11.8 pts

Household income in the area moved from $78,878 to $113,764 across the same window, up 44.2% versus 2021. Headcount in the area went from 3,486 to 3,915 between 2021 and 2024, a 12.3% change. About 18.8% of households rent today, against 25.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 32.2% to 44%.

Community

Discussions about Austin

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View Austin rent history (2015–2026) →
Salary vs rent

Can you afford rent in Austin on your salary?

At $1,123/mo, how Austin rent compares to typical pay (30% rule).

By apartment size

Austin rent by bedroom count

Median rent for each apartment size in Austin. Click any size for full breakdown.

Local insights

Tips for renters in Austin

About renting in Austin, AR

Last updated: May 18, 2026

The median rent in Austin is $1,123/mo as of May 2026. A studio apartment averages $1,020/mo while a 2-bedroom runs $1,190/mo. One-bedroom apartments average $1,030/mo and 3-bedroom units go for $1,590/mo.

At 12% of local median household income ($113,764/yr), Austin ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Austin an affordable city for renters?

Austin is considered very affordable for renters. At $1,123/mo, rent takes approximately 12% of the local median household income ($113,764/yr). The standard benchmark is 30%. Austin falls comfortably within that range.

How much income do you need to rent in Austin?

To keep rent at or below 30% of gross income, you would need to earn at least $45,000/year (~$22/hour full-time) to afford the median rent of $1,123/mo in Austin. The local median household income is $113,764/yr, meaning the typical Austin household meets that threshold.

Is rent going up or down in Austin?

Rent in Austin has been relatively stable over the past year, with a 0.0% change year over year as of May 2026.

How does Austin rent compare to other cities in Arkansas?

Austin is one of the more affordable cities in Arkansas for rent, ranking #24 out of 35 tracked cities at $1,123/mo.

Which nearby cities are cheaper to rent in than Austin?

Several nearby cities have lower median rents than Austin ($1,123/mo): Jacksonville ($1,093/mo), North Little Rock ($1,122/mo).

What percentage of Austin residents rent vs. own?

According to Census data, approximately 18.8% of Austin households are renters, while 81.2% are owner-occupied. Austin leans toward homeownership, which can mean a smaller rental inventory.

How does Austin rent compare to the national average?

Austin's median rent of $1,123/mo is $842 (43%) below the US national median of $1,965/mo. Within Arkansas, it ranks #24 out of 35 tracked cities.
Income Affordability
12%
VERY AFFORDABLE

At $1,123/mo, rent takes ~12% of Austin's median household income ($113,764/yr). The standard benchmark is 30%.

Austin 12%Benchmark 30%
State income tax3.9%
Run the Austin affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Austin, AR

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