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12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 78748 usually run 0.9% below trend in December and 1.1% above it in August, about $29 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 78748 is 12.2% below its high of $1,623 in June 2022, at $1,425 as of September 2026.
Rent in ZIP 78748 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 78748 rose 21.5% while median household income rose 49.8% ($76,909 to $115,213). Income kept ahead of rent.
Rent in ZIP 78748 is 14.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 4 months in a row, and rose in 5 of the last 12 months.
30% of the median household income ($115,213) is $2,880 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,600); a 4-bedroom is $3,060.
10th cheapest of 37 ZIP codes in Austin.
From Zillow's monthly rent index (ZORI) for ZIP 78748. 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 78748 (Austin, TX) is majority owner-occupied, has a median income above the national average, 56.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 78748 in Austin, TX has changed in 5 years
Since 2021, the typical rent in ZIP 78748 in Austin, TX has climbed from $1,308 to $1,425, a 8.9% change over five years. On the earnings side, the typical household in ZIP 78748 in Austin, TX now reports about $115,213, up from $89,480 in 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 4.0% since 2021, moving from about 53,501 residents to roughly 55,631. College-educated residents now make up 56.5% of adults here, versus 52.1% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 78748 in Austin, TX reflects that arc in its own way.
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Tips for renters in ZIP 78748
Last updated: October 17, 2026
ZIP code 78748 covers Austin, TX. The median rent here is $1,425/mo as of October 2026. A 1-bedroom rents for a median of $1,130/mo. A 2-bedroom rents for a median of $1,338/mo.
At 15% of local median household income ($115,213/yr), ZIP 78748 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 78748 compare to the rest of Austin?
At $1,425/mo, rent takes ~15% of ZIP 78748's median household income ($115,213/yr). The standard benchmark is 30%.
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