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ZIP Code · TX

ZIP 78705

Part of Austin, TX
Pop. 33,238·Travis County·161st most expensive ZIP in Texas
Median rent (all units)
$1,846/mo
Year-over-Year
+10.3%
Month-over-Month
+1.3%
vs US Median
-$119
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 78705 · $1,846
More expensive than 51% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,590
1 BR
$1,690
2 BR
$2,000
3 BR
$2,530
4 BR+
$2,980
Research median
$2,000/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
$22,152/yr
At $1,846/mo median
Location
CityAustin
StateTX
CountyTravis County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.3% YoY, +1.3% MoM), not inventory.
Demographics

Who lives here

ZIP 78705 (Austin, TX) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 81.3% of residents hold a bachelor's degree or higher.

Population
33,238
Median income
$32,380
Median age
21.2
Renters
86.9%
Age distribution
86.4%
Under 182.2%
18–3486.4%
35–547.3%
55–641.5%
65+2.7%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
52.6%
24.1%
19.5%
White52.6%
Black7.9%
Hispanic24.1%
Asian19.5%
Education (25+)
81.3%
No HS diploma1.1%
HS diploma7.8%
Some college9.8%
Bachelor's+81.3%
Housing tenure
13.1%
86.9%
Owner13.1%
Renter86.9%

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

2021 vs 2026

How ZIP 78705 in Austin, TX has changed in 5 years

Rent
$1,410 → $1,846
up 30.9%
Income
$23,750 → $32,380
up 36.3%
Population
32,506 → 33,238
up 2.3%
Renter share
90.9% → 86.9%
-4.0 pts
Bachelor's+
68.7% → 81.3%
+12.6 pts

The median rent in ZIP 78705 in Austin, TX stood at $1,410 in 2021 and currently runs about $1,846, reflecting a 30.9% increase over the period. Median household income rose from $23,750 to $32,380 between 2021 and 2024, a 36.3% shift. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 2.3% since 2021, moving from about 32,506 residents to roughly 33,238. Renters now make up 86.9% of households, compared with 90.9% five years ago. College-educated residents now make up 81.3% of adults here, versus 68.7% in 2021. Taken together, the five-year picture in ZIP 78705 in Austin, TX reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

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About renting in ZIP 78705

Last updated: July 20, 2026

ZIP code 78705 covers Austin, TX. The median rent here is $1,846/mo as of July 2026. A 1-bedroom rents for a median of $1,690/mo. A 2-bedroom rents for a median of $2,000/mo.

At 68% of local median household income ($32,380/yr), ZIP 78705 ranks as expensive compared to the national benchmark of 30%. Rents have increased 10.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 78705?

As of July 20, 2026, the median monthly rent in ZIP 78705 (Austin, TX) is $1,846. This is based on aggregated data from public sources and community submissions.

How does ZIP 78705 rent compare to the US average?

ZIP 78705's median rent of $1,846/mo is $119 (6%) below the US national median of $1,965/mo.

How does ZIP 78705 compare to other ZIPs in Texas?

ZIP 78705 is one of the pricier ZIP codes in Texas, ranking #161 out of 689 ZIPs tracked at $1,846/mo.

How much income do you need to rent in ZIP 78705?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (~$36/hour full-time) to afford the median rent of $1,846/mo in ZIP 78705. The local median household income is $32,380/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 78705?

Rent in ZIP 78705 has increased 10.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 78705 an affordable place to rent?

ZIP 78705 is considered expensive for renters. At $1,846/mo, rent takes approximately 68% of the local median household income ($32,380/yr). The standard benchmark is 30%. ZIP 78705 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 78705 residents rent vs. own?

According to Census data, approximately 86.9% of ZIP 78705 households are renters, while 13.1% are owner-occupied. With a majority renter population, ZIP 78705 has a strong rental market.

How does ZIP 78705 compare to the rest of Austin?

ZIP 78705 is pricier than Austin as a whole. At $1,846/mo, it's $231 above the Austin citywide median of $1,615/mo.

When was rent data for ZIP 78705 last updated?

Rent data for ZIP 78705 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
68%
EXPENSIVE

At $1,846/mo, rent takes ~68% of ZIP 78705's median household income ($32,380/yr). The standard benchmark is 30%.

ZIP 78705 68%Benchmark 30%
State income taxNone
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