ZIP Code · TX

ZIP 78747

Part of Austin, TX

Pop. 22,180·Travis County·301st most expensive ZIP in Texas

Median rent (all units)

$1,640/mo

Year-over-Year

+1.6%

Month-over-Month

+0.6%

vs US Median

-$292

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 78747 · $1,640

More affordable than 63% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,226

1 BR

$1,299

2 BR

$1,542

3 BR

$1,953

4 BR+

$2,298

Research median

$1,542/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

Compared with the peak

Rent in ZIP 78747 is 8.2% below its high of $1,786 in November 2022, at $1,640 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 78747 changed +1.5% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent has risen 7 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($92,748) is $2,319 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,100); a 3-bedroom is $2,660.

Rank in Austin

20th cheapest of 37 ZIP codes in Austin.

Cheaper nearby

ZIP 78744, 3 miles away, rents for 13% less ($1,419/mo), about $2,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 78747. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,680/yr

At $1,640/mo median

Location

CityAustin

StateTX

CountyTravis County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (1.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+1.6% YoY, +0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 78747 (Austin, TX) is majority owner-occupied, skews toward younger working-age adults, has a median income above the national average, 41.4% of residents hold a bachelor's degree or higher.

Population

22,180

Median income

$92,748

Median age

34.5

Renters

33.2%

Age distribution

19.2%

31.6%

26%

13%

Under 1819.2%

18–3431.6%

35–5426%

55–6413%

65+10.1%

Gender

50.6%

49.4%

Male50.6%

Female49.4%

Race & ethnicity

41.8%

54.4%

White41.8%

Black7.5%

Hispanic54.4%

Asian4.3%

Education (25+)

21.7%

25.7%

41.4%

No HS diploma11.3%

HS diploma21.7%

Some college25.7%

Bachelor's+41.4%

Housing tenure

66.8%

33.2%

Owner66.8%

Renter33.2%

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

2022 vs 2026

How ZIP 78747 in Austin, TX has changed in 5 years

Rent

$1,666 → $1,640

down 1.6%

Income

$86,862 → $92,748

up 6.8%

Population

20,698 → 22,180

up 7.2%

Renter share

19.7% → 33.2%

+13.5 pts

Bachelor's+

36.5% → 41.4%

+4.9 pts

Median age

36 → 34.5

-1.5 yrs

Rent in ZIP 78747 in Austin, TX has fallen 1.6% since 2022, going from about $1,666 per month to roughly $1,640 today. Household income in the area moved from $86,862 to $92,748 across the same window, up 6.8% versus 2021. Income growth outran rent by about 8.4 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 20,698 to 22,180 between 2021 and 2024, a 7.2% change. About 33.2% of households rent today, against 19.7% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 36.5% to 41.4%. Reading these numbers side by side helps frame whether current listings in ZIP 78747 in Austin, TX look reasonable against where the market sat half a decade ago.

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About renting in ZIP 78747

Last updated: October 17, 2026

ZIP code 78747 covers Austin, TX. The median rent here is $1,640/mo as of October 2026. A 1-bedroom rents for a median of $1,299/mo. A 2-bedroom rents for a median of $1,542/mo.

At 21% of local median household income ($92,748/yr), ZIP 78747 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 78747?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (about $32/hour full-time) to afford the median rent of $1,640/mo in ZIP 78747. The local median household income is $92,748/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 78747?

Rent in ZIP 78747 has risen 1.6% over the past year as of September 2026. It sits 8.2% below its high of $1,786 in November 2022.

How does ZIP 78747 compare to other ZIPs in Texas?

ZIP 78747 is in the middle among Texas ZIP codes for rent, ranking #301 of 693 at $1,640/mo. Over the year to September 2026, rent in ZIP 78747 changed +1.5%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.