ZIP Code · TX

ZIP 78665

Pop. 66,171·Williamson County·259th most expensive ZIP in Texas
Median rent (all units)
$1,691/mo
Year-over-Year
+2.9%
Month-over-Month
+0.7%
vs US Median
-$241
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 78665 · $1,691
More affordable than 59% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,690
1 BR
$1,790
2 BR
$2,120
3 BR
$2,690
4 BR+
$3,160
Research median
$2,120/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 78665 usually run 1.4% below trend in December and 1.5% above it in August, about $49 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 78665 is 8.8% below its high of $1,855 in April 2023, at $1,691 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 78665 changed +2.9% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 78665 rose 23.5% while median household income rose 27.9% ($95,932 to $122,680). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 78665 is 18.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($122,680) is $3,067 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,690); a 4-bedroom is $3,160.

Rank in Round Rock

2nd cheapest of 3 ZIP codes in Round Rock.

Cheaper nearby

ZIP 78728, 7 miles away, rents for 24% less ($1,279/mo), about $4,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 78665. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,292/yr
At $1,691/mo median
Location
StateTX
CountyWilliamson County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.9% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 78665 (Round Rock, TX) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 53.6% of residents hold a bachelor's degree or higher.

Population
66,171
Median income
$122,680
Median age
35.5
Renters
38.6%
Age distribution
25.5%
23.5%
31.7%
Under 1825.5%
18–3423.5%
35–5431.7%
55–648.9%
65+10.4%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
49.1%
24.3%
White49.1%
Black11.8%
Hispanic24.3%
Asian11.6%
Other3.2%
Education (25+)
15.8%
27.3%
53.6%
No HS diploma3.4%
HS diploma15.8%
Some college27.3%
Bachelor's+53.6%
Housing tenure
61.4%
38.6%
Owner61.4%
Renter38.6%

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

2021 vs 2026

How ZIP 78665 in Round Rock, TX has changed in 5 years

Rent
$1,548 → $1,691
up 9.2%
Income
$105,407 → $122,680
up 16.4%
Population
59,935 → 66,171
up 10.4%
Renter share
32.9% → 38.6%
+5.7 pts
Bachelor's+
49% → 53.6%
+4.6 pts

The median rent in ZIP 78665 in Round Rock, TX stood at $1,548 in 2021 and currently runs about $1,691, reflecting a 9.2% increase over the period. Household income in the area moved from $105,407 to $122,680 across the same window, up 16.4% versus 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 10.4% since 2021, moving from about 59,935 residents to roughly 66,171. Renters now make up 38.6% of households, compared with 32.9% five years ago. College-educated residents now make up 53.6% of adults here, versus 49% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 78665 in Round Rock, TX look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 78665

Last updated: October 17, 2026

ZIP code 78665 covers Round Rock, TX. The median rent here is $1,691/mo as of October 2026. A 1-bedroom rents for a median of $1,790/mo. A 2-bedroom rents for a median of $2,120/mo.

At 17% of local median household income ($122,680/yr), ZIP 78665 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 78665?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (about $33/hour full-time) to afford the median rent of $1,691/mo in ZIP 78665. The local median household income is $122,680/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 78665?

Rent in ZIP 78665 has risen 2.9% over the past year as of September 2026. It sits 8.8% below its high of $1,855 in April 2023.

When is the cheapest time to rent in ZIP 78665?

Asking rents in ZIP 78665 are usually lowest in December, about 1.4% below their yearly trend, and highest in August, about 1.5% above it. At today's median that is a gap of roughly $49 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 78665?

No. From 2019 to 2024, rent in ZIP 78665 rose 23.5% while median household income rose 27.9%, from $95,932 to $122,680. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 78665 compare to other ZIPs in Texas?

ZIP 78665 is in the middle among Texas ZIP codes for rent, ranking #259 of 693 at $1,691/mo. Over the year to September 2026, rent in ZIP 78665 changed +2.9%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.

How does ZIP 78665 compare to the rest of Round Rock?

At $1,691/mo, ZIP 78665 is $18 below the Round Rock citywide median of $1,709/mo. It is the 2nd cheapest of 3 ZIP codes in Round Rock.
Income Affordability
17%
VERY AFFORDABLE

At $1,691/mo, rent takes ~17% of ZIP 78665's median household income ($122,680/yr). The standard benchmark is 30%.

ZIP 78665 17%Benchmark 30%
State income taxNone
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