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12-month history
Last updated: October 17, 2026
What the numbers show
March. Asking rents in ZIP 78735 usually run 1.7% below trend in March and 2.5% above it in July, about $70 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 78735 is 10.9% below its high of $1,870 in September 2022, at $1,667 as of September 2026.
Rent in ZIP 78735 changed +0.9% 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 78735 rose 17.8% while median household income rose 40.7% ($98,906 to $139,191). Income kept ahead of rent.
Rent in ZIP 78735 is 12.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 6 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($139,191) is $3,480 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,290).
22nd cheapest of 37 ZIP codes in Austin.
ZIP 78736, 5 miles away, rents for 14% less ($1,438/mo), about $2,700 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 78735. 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 78735 (Austin, TX) is roughly split between renters and owners, has a median income above the national average, 71.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 78735 in Austin, TX has changed in 5 years
Since 2021, the typical rent in ZIP 78735 in Austin, TX has increased from $1,492 to $1,667, a 11.7% change over five years. Local incomes tracked alongside that move, going from a median of $105,132 in 2021 to $139,191 more recently. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 9.6% since 2021, moving from about 19,152 residents to roughly 20,996. Renters now make up 53.5% of households, compared with 51.3% five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 78735 in Austin, TX market of 2021.
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Tips for renters in ZIP 78735
Last updated: October 17, 2026
ZIP code 78735 covers Austin, TX. The median rent here is $1,667/mo as of October 2026. A 1-bedroom rents for a median of $1,319/mo. A 2-bedroom rents for a median of $1,567/mo.
At 14% of local median household income ($139,191/yr), ZIP 78735 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.9% over the past year.
Frequently asked questions
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How does ZIP 78735 compare to the rest of Austin?
At $1,667/mo, rent takes ~14% of ZIP 78735's median household income ($139,191/yr). The standard benchmark is 30%.
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