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ZIP Code · TX

ZIP 78735

Part of Austin, TX
Pop. 20,996·Travis County·247th most expensive ZIP in Texas
Median rent (all units)
$1,713/mo
Year-over-Year
+7.7%
Month-over-Month
+0.6%
vs US Median
-$252
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 78735 · $1,713
More affordable than 58% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,283
1 BR
$1,356
2 BR
$1,611
3 BR
$2,041
4 BR+
$2,398
Research median
$1,611/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
$20,556/yr
At $1,713/mo median
Location
CityAustin
StateTX
CountyTravis County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.7% YoY, +0.6% MoM), not inventory.
Demographics

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.

Population
20,996
Median income
$139,191
Median age
38.3
Renters
53.5%
Age distribution
19.2%
25%
28.6%
16.5%
Under 1819.2%
18–3425%
35–5428.6%
55–6410.7%
65+16.5%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
76.2%
18.9%
White76.2%
Black2.9%
Hispanic18.9%
Asian6.2%
Education (25+)
16%
71.4%
No HS diploma3%
HS diploma9.7%
Some college16%
Bachelor's+71.4%
Housing tenure
46.5%
53.5%
Owner46.5%
Renter53.5%

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

2021 vs 2026

How ZIP 78735 in Austin, TX has changed in 5 years

Rent
$1,471 → $1,713
up 16.5%
Income
$105,132 → $139,191
up 32.4%
Population
19,152 → 20,996
up 9.6%
Renter share
51.3% → 53.5%
+2.2 pts
Bachelor's+
70.3% → 71.4%
+1.1 pts
Median age
37.8 → 38.3
+0.5 yrs

Since 2021, the typical rent in ZIP 78735 in Austin, TX has increased from $1,471 to $1,713, a 16.5% 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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Local insights

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About renting in ZIP 78735

Last updated: July 20, 2026

ZIP code 78735 covers Austin, TX. The median rent here is $1,713/mo as of July 2026. A 1-bedroom rents for a median of $1,356/mo. A 2-bedroom rents for a median of $1,611/mo.

At 15% of local median household income ($139,191/yr), ZIP 78735 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 78735?

As of July 20, 2026, the median monthly rent in ZIP 78735 (Austin, TX) is $1,713. This is based on aggregated data from public sources and community submissions.

How does ZIP 78735 rent compare to the US average?

ZIP 78735's median rent of $1,713/mo is $252 (13%) below the US national median of $1,965/mo.

How does ZIP 78735 compare to other ZIPs in Texas?

ZIP 78735 falls in the middle range for Texas, ranking #247 out of 689 ZIPs at $1,713/mo.

How much income do you need to rent in ZIP 78735?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,713/mo in ZIP 78735. The local median household income is $139,191/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 78735?

Rent in ZIP 78735 has increased 7.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 78735 an affordable place to rent?

ZIP 78735 is considered very affordable for renters. At $1,713/mo, rent takes approximately 15% of the local median household income ($139,191/yr). The standard benchmark is 30%. ZIP 78735 falls comfortably within that range.

What percentage of ZIP 78735 residents rent vs. own?

According to Census data, approximately 53.5% of ZIP 78735 households are renters, while 46.5% are owner-occupied. With a majority renter population, ZIP 78735 has a strong rental market.

How does ZIP 78735 compare to the rest of Austin?

ZIP 78735 is pricier than Austin as a whole. At $1,713/mo, it's $98 above the Austin citywide median of $1,615/mo.

When was rent data for ZIP 78735 last updated?

Rent data for ZIP 78735 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
15%
VERY AFFORDABLE

At $1,713/mo, rent takes ~15% of ZIP 78735's median household income ($139,191/yr). The standard benchmark is 30%.

ZIP 78735 15%Benchmark 30%
State income taxNone
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Schools nearby

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