How much does it cost to rent in Dripping Springs, TX?

As of July 2026, the median monthly rent in Dripping Springs, TX is $2,619. This figure is based on aggregated data from public sources and community-submitted rents.

Is Dripping Springs cheaper than other Texas cities?

Dripping Springs is one of the pricier cities in Texas, ranking #5 out of 269 cities tracked at $2,619/mo.

When was Dripping Springs rent data last updated?

Dripping Springs rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · TX

Dripping Springs

Name: Average Rent Prices in Dripping Springs, TX
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 7,405·5th most expensive in Texas·Dripping Springs rents are up 24.3% over the past year

Median rent (all units)

$2,619/mo

Year-over-Year

+24.3%

Month-over-Month

+6.4%

vs US Median

+$654

Rising (Monthly)

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Most AffordableMost Expensive

Dripping Springs · $2,619

More expensive than 83% of US cities · National median $1,965/mo

Rent Reality Score

6/100

Overheated

OverheatedFairGreat value

Rents are 22% above what Dripping Springs's 10-year trend predicts — running hotter than its own history.

Actual rent

$2,619/mo

Expected by trend

$2,150/mo

The Rent Reality Score compares today's median rent to where Dripping Springs's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,480

1 BR

$1,580

2 BR

$1,860

3 BR

$2,370

4 BR+

$2,750

Research median

$1,860/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: July 20, 2026

Annual cost

$31,428/yr

At $2,619/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 24.3% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+24.3% YoY, +6.4% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Dripping Springs, TX is roughly split between renters and owners, has a large share of families with children, has a median income above the national average, 67.8% of residents hold a bachelor's degree or higher.

Population

7,405

Median income

$109,364

Median age

38.5

Renters

51.2%

Age distribution

31.8%

14.5%

33.6%

16.2%

Under 1831.8%

18–3414.5%

35–5433.6%

55–643.9%

65+16.2%

Gender

50.4%

49.6%

Male50.4%

Female49.6%

Race & ethnicity

82.3%

White82.3%

Black0.6%

Hispanic11.4%

Asian7.4%

Education (25+)

22.8%

67.8%

No HS diploma2.8%

HS diploma6.6%

Some college22.8%

Bachelor's+67.8%

Housing tenure

48.8%

51.2%

Owner48.8%

Renter51.2%

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

2023 vs 2026

How Dripping Springs, TX has changed in 5 years

Rent

$2,362 → $2,619

up 10.9%

Income

$111,429 → $109,364

down 1.9%

Population

4,699 → 7,405

up 57.6%

Renter share

26.4% → 51.2%

+24.8 pts

Bachelor's+

53.4% → 67.8%

+14.4 pts

Median age

37 → 38.5

+1.5 yrs

Rent in Dripping Springs, TX has climbed 10.9% since 2023, going from about $2,362 per month to roughly $2,619 today. Census figures show median household income at $109,364 today, compared with $111,429 five years earlier. Rent outpaced income growth by roughly 12.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 4,699 to 7,405 between 2021 and 2024, a 57.6% change. About 51.2% of households rent today, against 26.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 53.4% to 67.8%. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

Discussions about Dripping Springs

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View Dripping Springs rent history (2015–2026) →

Salary vs rent

Can you afford rent in Dripping Springs on your salary?

At $2,619/mo, how Dripping Springs rent compares to typical pay (30% rule).

Registered Nurse

Avg $93,535/yr · Rent = 33.6% income

stretched

Elementary School Teacher

Avg $66,409/yr · Rent = 47.3% income

rent-burdened

Police Officer

Avg $76,497/yr · Rent = 41.1% income

rent-burdened

Software Developer

Avg $136,729/yr · Rent = 23% income

affordable

Lawyer

Avg $174,705/yr · Rent = 18% income

very comfortable

Firefighter

Avg $62,182/yr · Rent = 50.5% income

severely rent-burdened

Truck Driver

Avg $56,143/yr · Rent = 56% income

severely rent-burdened

Electrician

Avg $69,201/yr · Rent = 45.4% income

rent-burdened

By apartment size

Dripping Springs rent by bedroom count

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

Local insights

Tips for renters in Dripping Springs

About renting in Dripping Springs, TX

Last updated: July 20, 2026

The median rent in Dripping Springs is $2,619/mo as of July 2026. A studio apartment averages $1,480/mo while a 2-bedroom runs $1,860/mo. One-bedroom apartments average $1,580/mo and 3-bedroom units go for $2,370/mo.

At 29% of local median household income ($109,364/yr), Dripping Springs ranks as affordable compared to the national benchmark of 30%. Rents have increased 24.3% over the past year.

FAQ

Frequently asked questions

Is Dripping Springs an affordable city for renters?

Dripping Springs is considered affordable for renters. At $2,619/mo, rent takes approximately 29% of the local median household income ($109,364/yr). The standard benchmark is 30%. Dripping Springs falls comfortably within that range.

How much income do you need to rent in Dripping Springs?

To keep rent at or below 30% of gross income, you would need to earn at least $105,000/year (~$50/hour full-time) to afford the median rent of $2,619/mo in Dripping Springs. The local median household income is $109,364/yr, meaning the typical Dripping Springs household meets that threshold.

Is rent going up or down in Dripping Springs?

Rent in Dripping Springs has increased 24.3% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Dripping Springs rent compare to other cities in Texas?

Dripping Springs is one of the pricier cities in Texas for rent, ranking #5 out of 269 tracked cities at $2,619/mo.

Which nearby cities are cheaper to rent in than Dripping Springs?

Several nearby cities have lower median rents than Dripping Springs ($2,619/mo): Buda ($1,747/mo), Wimberley ($2,062/mo), Lago Vista ($2,066/mo).

What percentage of Dripping Springs residents rent vs. own?

According to Census data, approximately 51.2% of Dripping Springs households are renters, while 48.8% are owner-occupied. With a majority renter population, Dripping Springs has a strong rental market.

How does Dripping Springs rent compare to the national average?

Dripping Springs's median rent of $2,619/mo is $654 (33%) above the US national median of $1,965/mo. Within Texas, it ranks #5 out of 269 tracked cities.

Income Affordability

29%

AFFORDABLE

At $2,619/mo, rent takes ~29% of Dripping Springs's median household income ($109,364/yr). The standard benchmark is 30%.

Dripping Springs 29%Benchmark 30%

State income taxNone

Run the Dripping Springs affordability calculator →

Nearby cities