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ZIP Code · TX

ZIP 78702

Part of Austin, TX
Pop. 25,985·Travis County·76th most expensive ZIP in Texas
Median rent (all units)
$2,051/mo
Year-over-Year
+5.8%
Month-over-Month
-0.1%
vs US Median
+$86
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 78702 · $2,051
More expensive than 63% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,020
1 BR
$2,140
2 BR
$2,540
3 BR
$3,220
4 BR+
$3,790
Research median
$2,540/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
$24,612/yr
At $2,051/mo median
Location
CityAustin
StateTX
CountyTravis County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (5.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+5.8% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 78702 (Austin, TX) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 63.5% of residents hold a bachelor's degree or higher.

Population
25,985
Median income
$102,171
Median age
35.6
Renters
59.1%
Age distribution
36.2%
33.8%
Under 1811.8%
18–3436.2%
35–5433.8%
55–648.3%
65+9.9%
Gender
51.9%
48.1%
Male51.9%
Female48.1%
Race & ethnicity
60.5%
31.2%
White60.5%
Black9.2%
Hispanic31.2%
Asian3.3%
Education (25+)
16.5%
63.5%
No HS diploma9.2%
HS diploma10.9%
Some college16.5%
Bachelor's+63.5%
Housing tenure
40.9%
59.1%
Owner40.9%
Renter59.1%

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

2021 vs 2026

How ZIP 78702 in Austin, TX has changed in 5 years

Rent
$1,812 → $2,051
up 13.2%
Income
$82,176 → $102,171
up 24.3%
Population
24,830 → 25,985
up 4.7%
Renter share
56.5% → 59.1%
+2.6 pts
Bachelor's+
53.7% → 63.5%
+9.8 pts
Median age
34.7 → 35.6
+0.9 yrs

Five years ago, renters in ZIP 78702 in Austin, TX paid around $1,812 a month. That figure now sits near $2,051, up 13.2% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $82,176 in 2021 to $102,171 more recently. 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 ZIP 78702 in Austin, TX adding about 1,155 residents over the five-year window, up 4.7% on net. The renter share has risen from 56.5% to 59.1%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 53.7% to 63.5% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 78702 in Austin, TX market of 2021.

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Local insights

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About renting in ZIP 78702

Last updated: July 20, 2026

ZIP code 78702 covers Austin, TX. The median rent here is $2,051/mo as of July 2026. A 1-bedroom rents for a median of $2,140/mo. A 2-bedroom rents for a median of $2,540/mo.

At 24% of local median household income ($102,171/yr), ZIP 78702 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 78702?

As of July 20, 2026, the median monthly rent in ZIP 78702 (Austin, TX) is $2,051. This is based on aggregated data from public sources and community submissions.

How does ZIP 78702 rent compare to the US average?

ZIP 78702's median rent of $2,051/mo is $86 (4%) above the US national median of $1,965/mo.

How does ZIP 78702 compare to other ZIPs in Texas?

ZIP 78702 is one of the pricier ZIP codes in Texas, ranking #76 out of 689 ZIPs tracked at $2,051/mo.

How much income do you need to rent in ZIP 78702?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (~$39/hour full-time) to afford the median rent of $2,051/mo in ZIP 78702. The local median household income is $102,171/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 78702?

Rent in ZIP 78702 has increased 5.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 78702 an affordable place to rent?

ZIP 78702 is considered very affordable for renters. At $2,051/mo, rent takes approximately 24% of the local median household income ($102,171/yr). The standard benchmark is 30%. ZIP 78702 falls comfortably within that range.

What percentage of ZIP 78702 residents rent vs. own?

According to Census data, approximately 59.1% of ZIP 78702 households are renters, while 40.9% are owner-occupied. With a majority renter population, ZIP 78702 has a strong rental market.

How does ZIP 78702 compare to the rest of Austin?

ZIP 78702 is pricier than Austin as a whole. At $2,051/mo, it's $436 above the Austin citywide median of $1,615/mo.

When was rent data for ZIP 78702 last updated?

Rent data for ZIP 78702 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $2,051/mo, rent takes ~24% of ZIP 78702's median household income ($102,171/yr). The standard benchmark is 30%.

ZIP 78702 24%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 78702 (Austin, TX)

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