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12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 78727 usually run 1.1% below trend in December and 1.3% above it in July, about $34 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 78727 is 12.2% below its high of $1,626 in June 2022, at $1,427 as of September 2026.
Rent in ZIP 78727 changed -2.5% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.
From 2019 to 2024, rent in ZIP 78727 rose 27.2% while median household income rose 36.7% ($80,758 to $110,379). Income kept ahead of rent.
Rent in ZIP 78727 is 14.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has fallen 2 months in a row, and rose in 3 of the last 12 months.
30% of the median household income ($110,379) is $2,759 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,660); a 4-bedroom is $3,130.
11th cheapest of 37 ZIP codes in Austin.
ZIP 78728, 2 miles away, rents for 10% less ($1,279/mo), about $1,800 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 78727. 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.
Who lives here
ZIP 78727 (Austin, TX) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 64.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 78727 in Austin, TX has changed in 5 years
Rent in ZIP 78727 in Austin, TX has increased 8.8% since 2021, going from about $1,312 per month to roughly $1,427 today. On the earnings side, the typical household in ZIP 78727 in Austin, TX now reports about $110,379, up from $91,375 in 2021. Income growth outran rent by about 12.0 percentage points, easing the affordability math somewhat compared with 2021. About 57.8% of households rent today, against 54.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 61.2% to 64.3%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 78727 in Austin, TX reflects that arc in its own way.
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Tips for renters in ZIP 78727
Last updated: October 17, 2026
ZIP code 78727 covers Austin, TX. The median rent here is $1,427/mo as of October 2026. A 1-bedroom rents for a median of $1,131/mo. A 2-bedroom rents for a median of $1,341/mo.
At 16% of local median household income ($110,379/yr), ZIP 78727 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.5% over the past year.
Frequently asked questions
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How does ZIP 78727 compare to the rest of Austin?
At $1,427/mo, rent takes ~16% of ZIP 78727's median household income ($110,379/yr). The standard benchmark is 30%.
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