ZIP Code · TX

ZIP 78744

Part of Austin, TX
Pop. 50,986·Travis County·471st most expensive ZIP in Texas
Median rent (all units)
$1,419/mo
Year-over-Year
+2.0%
Month-over-Month
-0.1%
vs US Median
-$513
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 78744 · $1,419
More affordable than 79% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,400
1 BR
$1,490
2 BR
$1,760
3 BR
$2,240
4 BR+
$2,620
Research median
$1,760/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 78744 usually run 1% below trend in February and 1.3% above it in August, about $33 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 78744 is 13.1% below its high of $1,633 in August 2022, at $1,419 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 78744 changed +2.0% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 78744 rose 21.9% while median household income rose 58.6% ($52,345 to $83,002). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 78744 is 13.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($83,002) is $2,075 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,760); a 3-bedroom is $2,240.

Rank in Austin

8th cheapest of 37 ZIP codes in Austin.

From Zillow's monthly rent index (ZORI) for ZIP 78744. 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.

Annual cost
$17,028/yr
At $1,419/mo median
Location
CityAustin
StateTX
CountyTravis County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+2.0% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 78744 (Austin, TX) is roughly split between renters and owners, skews toward younger working-age adults, 36.6% of residents hold a bachelor's degree or higher.

Population
50,986
Median income
$83,002
Median age
33.2
Renters
49%
Age distribution
20.8%
33.2%
29.8%
Under 1820.8%
18–3433.2%
35–5429.8%
55–648.5%
65+7.7%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
31.1%
59.5%
White31.1%
Black10.4%
Hispanic59.5%
Asian5%
Education (25+)
18.3%
19%
26.1%
36.6%
No HS diploma18.3%
HS diploma19%
Some college26.1%
Bachelor's+36.6%
Housing tenure
51%
49%
Owner51%
Renter49%

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

2021 vs 2026

How ZIP 78744 in Austin, TX has changed in 5 years

Rent
$1,293 → $1,419
up 9.7%
Income
$65,262 → $83,002
up 27.2%
Population
48,524 → 50,986
up 5.1%
Renter share
50.1% → 49%
-1.1 pts
Bachelor's+
25.8% → 36.6%
+10.8 pts
Median age
31.8 → 33.2
+1.4 yrs

Five years ago, renters in ZIP 78744 in Austin, TX paid around $1,293 a month. That figure now sits near $1,419, up 9.7% from the 2021 baseline. On the earnings side, the typical household in ZIP 78744 in Austin, TX now reports about $83,002, up from $65,262 in 2021. 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 78744 in Austin, TX adding about 2,462 residents over the five-year window, up 5.1% on net. Bachelor's-degree-or-higher attainment moved from 25.8% to 36.6% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 78744 in Austin, TX reflects that arc in its own way.

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About renting in ZIP 78744

Last updated: October 17, 2026

ZIP code 78744 covers Austin, TX. The median rent here is $1,419/mo as of October 2026. A 1-bedroom rents for a median of $1,490/mo. A 2-bedroom rents for a median of $1,760/mo.

At 21% of local median household income ($83,002/yr), ZIP 78744 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 78744?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (about $27/hour full-time) to afford the median rent of $1,419/mo in ZIP 78744. The local median household income is $83,002/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 78744?

Rent in ZIP 78744 has risen 2.0% over the past year as of September 2026. It sits 13.1% below its high of $1,633 in August 2022.

When is the cheapest time to rent in ZIP 78744?

Asking rents in ZIP 78744 are usually lowest in February, about 1% below their yearly trend, and highest in August, about 1.3% above it. At today's median that is a gap of roughly $33 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 78744?

No. From 2019 to 2024, rent in ZIP 78744 rose 21.9% while median household income rose 58.6%, from $52,345 to $83,002. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 78744 compare to other ZIPs in Texas?

ZIP 78744 is one of the more affordable among Texas ZIP codes for rent, ranking #471 of 693 at $1,419/mo. Over the year to September 2026, rent in ZIP 78744 changed +2.0%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.

How does ZIP 78744 compare to the rest of Austin?

At $1,419/mo, ZIP 78744 is $152 below the Austin citywide median of $1,571/mo. It is the 8th cheapest of 37 ZIP codes in Austin.
Income Affordability
21%
VERY AFFORDABLE

At $1,419/mo, rent takes ~21% of ZIP 78744's median household income ($83,002/yr). The standard benchmark is 30%.

ZIP 78744 21%Benchmark 30%
State income taxNone
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