Apartments in Downtown Austin

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30
$2,086
5100 US Hwy. 290 W Austin, TX
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
72
$873 - 1,084
1005 Stassney Ln Austin, TX
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
$2,116 - 4,580
Austin, TX
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
$2,605 - 4,440
Austin, TX
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
$2,036 - 4,750
Austin, TX
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
$2,484 - 14,299
Austin, TX
1 - 3 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
1
$2,280
Austin, TX
1 BR | Ask for Availability
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Downtown Austin
3
$2,005 - 3,978
Austin, TX
Studio - 2 BR | Ask for Availability
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Downtown Austin
$1,890 - 3,160
Austin, TX
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
51
$1,803 - 3,178
Austin, TX
Studio - 2 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
$2,070 - 3,210
Austin, TX
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
$2,091 - 3,326
Austin, TX
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
$2,940 - 50,336
Austin, TX
1 - 3 BR | Available Now
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House
Balcony/Deck/Patio
Fitness Center
Dishwasher
Downtown Austin
$2,420 - 14,491
Austin, TX
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
$2,442 - 14,503
Austin, TX
Studio - 3 BR | Available Now
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Balcony/Deck/Patio
Fitness Center
Dishwasher
Downtown Austin
$2,255 - 14,005
Austin, TX
Studio - 3 BR | Available Now
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Balcony/Deck/Patio
Fitness Center
Dishwasher
Downtown Austin
$2,562 - 11,156
Austin, TX
1 - 3 BR | Available Now
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Balcony/Deck/Patio
Fitness Center
Dishwasher
Downtown Austin
41
$2,453 - 11,162
Austin, TX
1 - 3 BR | Available Now
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Balcony/Deck/Patio
Fitness Center
Dishwasher
Downtown Austin
$2,475
Austin, TX
1 BR | Ask for Availability
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
$2,200 - 7,000
Austin, TX
Studio - 3 BR | Ask for Availability
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Heat Included
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
$2,339 - 5,770
Austin, TX
Studio - 2 BR | Available Now
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Downtown Austin
$2,608 - 15,225
Austin, TX
1 - 3 BR | Available Now
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Balcony/Deck/Patio
Fitness Center
Dishwasher
Downtown Austin
$1,695 - 3,095
Austin, TX
Studio - 2 BR | Ask for Availability
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Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
19
$2,295 - 10,165
401 Guadalupe Street Austin, TX
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Covered Parking
Fitness Center
Pool
38
$2,305
Austin, TX
Studio | Ask for Availability
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Downtown Austin
38
$2,905
Austin, TX
1 BR | Ask for Availability
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Fitness Center
Dishwasher
Downtown Austin
$2,193 - 4,908
Austin, TX
Studio - 3 BR | Available Now
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Balcony/Deck/Patio
Fitness Center
Dishwasher
Downtown Austin
3
$3,495
Austin, TX
2 BR | Ask for Availability
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Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
$2,475 - 3,045
Austin, TX
1 - 2 BR | Ask for Availability
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Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
$2,475 - 3,396
Austin, TX
1 - 2 BR | Available Now
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Balcony/Deck/Patio
Fitness Center
Dishwasher
Downtown Austin
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Downtown Austin Neighborhood Summary

Austin is known as the live music capital of the world, with great food and plenty of things to do. There are many wonderful neighborhoods to live in and fun places to hang out, and Downtown Austin is the hub of it all. Find some of the best entertainment in Austin at the Zach Theater or Paramount Theater. If you want to enjoy a lovely hike, check out the Lady Bird Bike-and-Hike trail.

Austin:
May Rent Report

Welcome to the May 2024 Austin Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Austin rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Austin and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Austin average rent prices in the chart below.

Monthly Rent Report

$2,050
$1,540
$1,030
$510
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Austin Rent Prices Increase From April to May

Austin rent prices increased over the last month. From April to May, the city experienced a 0.97% increase for the price of a one-bedroom apartment. The rent price for a Austin one-bedroom apartments currently stands at $1,554.0.

When we take a look at the two-bedroom comparison from April to May, Austin experienced a 0.63% increase for the price of a two-bedroom apartment. The rent price for a Austin two-bedroom apartments currently stands at $1,910.0.

May Prices: Austin vs. Surrounding Areas

Buda, TX
Pflugerville, TX
Austin, TX
Kyle, TX
Round Rock, TX
Cedar Park, TX
San Marcos, TX
Georgetown, TX
$1,683
$1,594
$1,571
$1,528
$1,483
$1,451
$1,389
$1,348
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Austin and Surrounding Areas

Rent prices have increased in Austin over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the Austin suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in San Marcos, TX, Pflugerville, TX, Georgetown, TX, Kyle, TX, Buda, TX .

  • Rent decreased in Round Rock, TX, Cedar Park, TX.

  • 2 suburbs are currently priced higher than the city of Austin.

  • 5 suburbs are currently priced lower than the city of Austin.

May 2024 Pricing Trends: Austin vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Austin, TX
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,571
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Austin Rent Prices More Affordable Than Major Cities

Rent growth in Austin over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Austin average rent prices appear to be relatively affordable for local residents.

The price for a Austin one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Austin and surrounding area rent prices, take a look at the complete data set below.

Data set for Austin and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Austin, TX $1,571.0 1.09% $1,936.0 1.36%
Round Rock, TX $1,483.0 -0.67% $1,777.0 0.57%
San Marcos, TX $1,389.0 6.11% $1,464.0 2.59%
Pflugerville, TX $1,594.0 0.06% $2,103.0 0.38%
Georgetown, TX $1,348.0 0.75% $1,734.0 0.46%
Cedar Park, TX $1,451.0 -0.27% $1,925.0 -0.05%
Kyle, TX $1,528.0 0.26% $1,934.0 2.17%
Buda, TX $1,683.0 0.54% $2,517.0 -0.16%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.