Average Rent Prices in Austin

So here’s the deal – rent prices in Austin have been all over the place these past few years, and if you’re looking for an apartment in Austin, you’ve probably felt a whirlwind of emotions. One month prices are up and the next month they dip!  Trying to figure out what’s “normal” can be  confusing, plus adding in the fact that rent is usually your biggest monthly expense, oh and yeah… paying for it can feel hard (and sometimes a little unfair, if we’re being honest).

That’s why we wanted to lay it out simply and share what we’re actually seeing on the ground, and while certain market reports are helpful, they don’t always tell the whole story. With nearly 6,000 leases under our belt in 2025 so far at Smart City, it’s safe to say that we’ve got a pretty solid understanding on what renters are actually paying in Austin right now. While some sites give a typical average, we wanted to share data based on what we’re actually seeing locally.   Here’s a breakdown of the average rent prices in Austin based on our data:

Average rent prices in Austin by bedroom size:

1 Bedroom: $1,433

2 Bedroom: $1,896

3 Bedroom: $2,395

These numbers reflect the real-world rent prices people are paying right now, across a variety of neighborhoods and building types, all the way from from newer high rises in downtown to more affordable spots further out.

Why Austin Rent Prices Look the Way They Do

Location – Downtown Austin and areas near major tech hubs inevitably means higher rent prices. Meanwhile, neighborhoods a little further out like Cedar Park, Pflugerville, Round Rock, or Buda often offer more budget-friendly options.

Unit Size and Type – More sqft = more money

Amenities and Building Age – Newer apartments with gyms, pools, and community spaces push rent up, where older buildings with less up to date amenities are typically lower in pricing.

Market Trends – After years of rapid growth, Austin rent prices have started to stabilize slightly, giving renters more leverage to find deals.

Austin Rental Prices in Fall 2025 according to Zumper.com 

Tips for Finding Affordable Apartments in Austin

Know Your Neighborhood – Places like East Austin and Mueller offer great amenities at slightly lower prices than central downtown.

Consider Unit Size – A 1-bedroom might save you hundreds per month compared to a 2-bedroom.

Check for Specials – Many complexes offer move-in deals or waived fees, especially during slower leasing months, our agents help you in finding the best ones – and on Pro-rating to lower your monthly rent!

Use Local Experts – Working with a local apartment locators, like us at Smart City can help you see deals before they hit the public, and we have access to exclusive promotions and specials that you wouldn’t be able to find on your own! 

All in all, we know the market varies and finding the perfect place to live is hard – but that’s why we’re here to make your life easier!