Additionally, it’s known for a vibrant live music and eclectic arts scene and as home of the annual South by Southwest music, interactive media, and film festivals. How much does it cost to rent an apartment in Austin? Want to move to Austin, TX? A single person estimated … 3 bds, 2 ba, 1,574 sqft - House for rent; 1 day on Zillow. The average size for a Austin, TX apartment is 865 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 5 bds, Car Rental COVID-19 FAQs. Apply to multiple properties within minutes. The average apartment rent in this area of town will cost you $2,626. In downtown Austin, the rents are even higher, with an average rental rate of $50.21 per square foot. Downtown Austin Apartments for Rent - Austin, TX. But many argue it’s worth it. $1,419+ 2 bds; $1,722+ 3 bds; Gables Park Tower | 111 Sandra Muraida Way, Austin… Austin has nearly 35 million square feet of Class A inventory, with asking rents of around $48 per square foot. Rent trend data in Austin, Texas Austin Average Rent. The average office rental rate in Austin, TX is $26.37 per square foot. 1 Average gross rent in Austin was $1,372 in 2019.The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. ... Find studio, 1, 2 and 3 bedroom apartments for rent at RARE Apartments in Austin. Located in Downtown Austin in a 31-story high-rise with incredible views. This is a renter-friendly community, with 62% of people renting their homes. Average Monthly Rent: $2,170 Minimum: $1,070 Maximum: $8,200 From Auditorium Shores to Oltorf Street, the Bouldin area offers a fantastic blend of downtown energy and South Austin style. Apartment rent in Downtown Austin has decreased by -1.1% in the past year. 177,674 or 48% of the households in Austin, TX are renter-occupied while 192,369 or 51% are owner-occupied. Or sign in if you already have an account. The Household Affordability Priority Program focuses on developing and maintaining household affordability throughout Austin. Average Monthly Rent: $2,700 Minimum: $499 Maximum: $21,400 Luxury apartment options continue to pop up among the pulsing center of Austin… Downtown Austin South Car Rental. *The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. Showing Results 1 - 25, Skyloft Austin - Near University of Texas. Austin Texas Residential Rent and Rental Statistics. The most affordable neighborhoods in Chicago are Austin, where the average rent goes for $571/month, The Island, where renters pay $571/mo on average, and Cottage Grove Heights, where the average rent … Based on average rent prices in Downtown Austin, Austin, TX, for a studio apartment you would need a yearly salary of $66,760 to live comfortably. For the area in the 78701 ZIP code—which has essentially the same boundaries as downtown and where most rentals are apartments—average residential rent in the area is $2,885 per … Agave rent is 15% lower than Austin average, Allandale rent is 10% lower than Austin average, For more information about the Austin rental trends, check out our monthly rent report. We had some problems performing your search. View high-quality building photos, pricing, and contact information. This Priority Program is responsible for considering not only household costs such as mortgage, rent, and utilities but also transportation and access to daily and weekly needs as essential and interrelated components of household affordability. Summary about cost of living in Austin, TX, United States: Family of four estimated monthly costs are 2,888.37$ without rent (using our estimator). Apartments for rent in Austin, Texas have a median rental price of $1,900. Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. Click a heart to get started! Downtown Austin Rental Pricing. Houses for rent are rare in this neighborhood. The average rent for a 1-bedroom apartment in Downtown Austin, Austin, TX is $2,053 . Average Austin Rent. 292 results. Check out Texas Cities, Texas Neighborhoods and Texas Zip Codes for more details on verified listings, including the Texas Average Rent. With a two-bedroom median of $1,470, Austin is tied with Plano, TX for … As of November 2020, the average rent for an apartment in Austin, TX is $1441 which is a 9.51% decrease from last year when the average rent was $1578, and a 0.14% decrease from last … Rents in downtown Austin average $2,200/month, which makes it the most expensive neighborhood for renters in Texas. The most popular neighborhood in Austin is East Riverside - Oltorf, where there are 30 verified RENTCafé listings with an average rent of $1,297. Austin is the state capital of Texas and home to the University of Texas. As of January 2021, the average apartment rent in Downtown Austin is $1,731 for a studio, $2,255 for one bedroom, $3,492 for two bedrooms, and $6,596 for three bedrooms. Downtown Austin is home to the Texas State Capitol as well as several of Austin’s renowned cultural and nightlife districts. The best apartments in Downtown Austin, Austin, TX are: 404 Rio Grande, Northshore Austin, The Monarch by Windsor, The Bowie and The Beverly at Medical Center. The average apartment rent in this area of town will cost you $2,626. Downtown Austin Apartments For Rent. The report also maps what renters in different Austin neighborhoods pay … New! Downtown. Zumper, which can skew toward luxury and uses only its listings when calculating stats, creates a national rent index for 100 cities every month. Rent in Austin is, on average, 50.28% lower than in New York. Search 317 Single Family Homes For Rent in Austin, Texas. $15,000/mo. Penthouse | 1801 Rio Grande St, Austin, TX. Rent Trends As of January 2021, the average apartment rent in Downtown Austin is $1,716 for a studio, $2,229 for one bedroom, $3,533 for two bedrooms, and $6,648 for three bedrooms. What is the average rent for a 1-bedroom apartment in Downtown Austin, Austin, TX? Sort by: Newest. Summary about cost of living in Austin, TX, United States: Family of four estimated monthly costs are 2,887.97$ without rent (using our estimator). This is very close to the prices estimated by Rent Jungle, which were only as high as $1,556. Austin, Texas’s cost of living is 3% lower than the national average. Currently, the average asking rate in Northwest Austin is $43.33 per sf. There are 377 office space listings in Downtown Austin, Austin, TX, available for rent or for lease. Zumper. You haven't favorited a listing yet. The monthly rent prices of Two Bedroom Apartments currently available in Downtown Austin range from $695 to $10,499. Yes. As of January 2021, the average apartment rent in Downtown Austin is $1,731 for a studio, $2,255 for one bedroom, $3,492 for two bedrooms, and $6,596 for three bedrooms. Compare cost of living in Austin with factors like salaries, housing expenses, groceries, utilities and more. The explosive population growth means units can’t be built fast enough to keep up with demand, so be prepared that finding an apartment for rent downtown might take a while. Focus your search by square footage, lease rates, and availability. 32 results. With a relatively low average rent of $776 a month in the city, renting remains an affordable option, particularly compared to other cities in Minnesota. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage. Average Monthly Rent: $2,170 Minimum: $1,070 Maximum: $8,200 From Auditorium Shores to Oltorf Street, the Bouldin area offers a fantastic blend of downtown energy and South Austin style. $1,419+ 2 bds; $1,722+ 3 bds; Gables Park Tower | 111 Sandra Muraida Way, Austin, TX. Save your current search and get the latest updates on new listings matching your search criteria! Verified Source Payment (High to Low) Payment (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. Please try again. For detailed rental price information, check out our Downtown Austin, Austin, TX rental … For that price tag, you get to enjoy things like a roof top infinity pool at The Bowie, 311 Bowie Street, where studio apartments rent from the … It notes that Downtown Austin ($1,900 median) is the most expensive area for renters right now and that East Cesar Chavez ($1,650), Holly ($1,625), and Old West Austin ($1,600) aren't far behind. How big is a Austin apartment? 5701 Penick Dr, Austin, TX 78741. Each month, renters in Austin will pay around $215 … The average home rent in this submarket is $5,178. How to find apartments for rent … Nestled alongside the Colorado River, Downtown is also convenient to all kinds of outdoor recreation on Lady Bird Lake, from fishing to stand-up paddleboarding and everything in between. Austin Retail space Lease rates have remained steady, however retail demand seem to be on the rise. Please keep in mind that retail spaces are typically quoted as triple net (nnn) leases. Renting in Downtown Austin is desirable for its convenience to all that makes Austin the beloved, weird place it is. Although sizes may vary depending on your selection of bedrooms,Austin apartment is start from 48m² and could go up to 336m². Downtown Austin Apartments For Rent. Rent Trends. Enterprise is an essential services provider that remains open to meet critical transportation and personal mobility … When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market. Situated in the heart of the city, Downtown Austin is the city’s core business, historic, and entertainment district. The average rent for an apartment in Austin is $1,378, a 4% decrease compared to the previous year. Downtown Austin apartments for rent … Downtown has good public transportation and is very bikeable. An apartment unit for rent in Downtown Austin … As of December 2020, average rent for an apartment in Austin, TX is $1457 which is a 7.76% decrease from last year when the average rent was $1570 , and a 1.1% increase from last month when the average rent was $1441. Currently, median rents in Austin stand at $1,191 for a one-bedroom apartment and $1,470 for a two-bedroom. Residents are … Nationwide, rents have fallen by 1.5% over the past year compared to the 5.4% decline in Austin. Apartment rent in … Additionally, there are 10,830 rentals , with a range of $25 to $40K per month . Below are some average quoted retail lease rates. Curious about listings in your area? Find Austin apartments, condos, townhomes, single family homes, and much more on Trulia. Downtown contains the infamous Sixth Street, West Sixth Street, Red River Cultural District, Warehouse District, Rainey Street, and Second Street. The average full service asking rate in The Domain is $53.42 per sf. Sort by: Newest. The most expensive neighborhoods in Austin are West University ($2,400), University of Texas at Austin ($2,471) and Downtown Austin ($2,596). An apartment unit for rent in Downtown Austin costs you from $585 to $12,743. Once you favorite a listing you can filter the map to show only your favorites. Set a destination, transportation method, and your ideal commute time to see results. Sort by: Newest. Austin Texas Residential Rent and Rental Statistics. The rental statistics on this page were compiled using data provided by our sister company. Average Austin Rent. Asking prices vary based on the property’s location, overall rating, amenities, proximity to restaurants, cafes and entertainment venues, as well as public transport, airports and highways. The average size for a Seattle, WA apartment is 693 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. We had some problems performing your search. While rents in Austin fell sharply over the past year, many cities nationwide saw increases, including Phoenix (+4.2%) and Detroit (+1.4%). The average home rent in this submarket is $5,178. Our two bedroom median price, $1190, came in a little higher — the 15th most expensive. Focus your search by square footage, lease rates, and availability. Downtown is the most walkable neighborhood in Austin with 7,412 residents. On-site fitness center, business center, and private garages. Check out our apartments near you for more details! View photos, descriptions and more! “The Austin office market this summer continues to sizzle... and demand for high-end … Only San Marcos, with median one-bedroom rent of $960, costs less than Austin. Near jogging trails, kayaking, and the Rainey Street District. In exchange for all the comfort and amenities of being downtown, office space in the Austin Central Business District tend to lease for 50% more than those in the suburbs. As of May 2019, the average Austin rental prices were only $1,303 according to Rent Café. 1 of 31. Today's average rental price for Two bedrooms here is $2,854. Nearby neighborhoods: University of Texas-Austin, East Cesar Chavez, Central East Austin, Old West Austin, Old Enfield, … The fact that the Domain has begun to transform into Austin’s “second downtown” has caused it to have rental rates different from the Northwest average. Over the past month, the average rent for a studio apartment in Downtown Austin decreased by -3.2% to $1,645. Next up is Anderson Mill - Jollyville, where apartments go for $1,214/month, followed by Northwest Hills with $1,232 If you’re looking to rent in Austin’s most popular neighborhoods, make sure to also check out Downtown Austin, where renters pay $2,596 on average, and Upper Boggy Creek, where the average monthly rent is $1,195. The most popular neighborhood in Austin is East Riverside - Oltorf , where there are 30 verified RENTCafé listings with an average rent of $1,297. $1,700/mo. This is very close to the prices estimated by Rent Jungle, which were only as high as $1,556. You must save a search in order to receive alerts. This rental is accepting applications through Apartments.com. Using our 10,000-sf tenant, the current full-service rate in this market will cost approximately $433,300 per year, or … Apartment rent in Downtown Austin has decreased by -1.2% in the past year. In downtown Austin, the rents are even higher, with an average rental rate of $50.21 per square foot. The median monthly gross residential rent in Austin, TX (the Austin-Round Rock-San Marcos metro area) was $1,327 in 2019 according to the Census ACS survey. Page 1 of 18, The average rent for a studio apartment in Austin, TX is $1,731, The average rent for a 1 bedroom apartment in Austin, TX is $2,255, The average rent for a 2 bedroom apartment in Austin, TX is $3,492, The average rent for a 3 bedroom apartment in Austin, TX is $6,596, Some colleges and universities in Austin, TX are. This is only $100 or so higher than the average rent in Austin five years ago. Explore our communities in and around this area. *Please enter your address or point of interest. There are 377 office space listings in Downtown Austin, Austin, TX, available for rent or for lease. 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