Rents are 14% below what Austin's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: June 22, 2026
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Who lives here
Austin, TX is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 59.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Austin, TX has changed in 5 years
Five years ago, renters in Austin, TX paid around $1,421 a month. That figure now sits near $1,595, up 12.2% from the 2021 baseline. Household income in the area moved from $78,965 to $93,658 across the same window, up 18.6% versus 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Austin, TX adding about 34,881 residents over the five-year window, up 3.7% on net. Bachelor's-degree-or-higher attainment moved from 55.1% to 59.6% across the same window. Reading these numbers side by side helps frame whether current listings in Austin, TX look reasonable against where the market sat half a decade ago.
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Can you afford rent in Austin on your salary?
At $1,595/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: June 22, 2026
The median rent in Austin is $1,595/mo as of June 2026. A studio apartment averages $1,697/mo while a 2-bedroom runs $2,135/mo. One-bedroom apartments average $1,808/mo and 3-bedroom units go for $2,721/mo.
At 20% of local median household income ($93,658/yr), Austin ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.9% over the past year.
Frequently asked questions
Is Austin an affordable city for renters?
How much income do you need to rent in Austin?
Is rent going up or down in Austin?
Which Austin neighborhoods have the lowest rent?
How does Austin rent compare to other cities in Texas?
What percentage of Austin residents rent vs. own?
How does Austin rent compare to the national average?
At $1,595/mo, rent takes ~20% of Austin's median household income ($93,658/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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