At $1,048/mo, rent takes about 11% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,048 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: September 25, 2026
What the numbers show
30% of the median household income ($113,764) is $2,844 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,880).
From Zillow's monthly rent index (ZORI) for Austin. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Austin, AR has changed in 5 years
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%.
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Can you afford rent in Austin on your salary?
At $1,048/mo, how Austin rent compares to typical pay (30% rule).
Austin rent by bedroom count
Median rent for each apartment size in Austin. Click any size for full breakdown.
Tips for renters in Austin
Last updated: September 25, 2026
The median rent in Austin is $1,048/mo as of September 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 11% 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.
Frequently asked questions
How much income do you need to rent in Austin?
Is rent going up or down in Austin?
How does Austin rent compare to other cities in Arkansas?
At $1,048/mo, rent takes ~11% of Austin's median household income ($113,764/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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