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Apr 7, 2015

What’s in your neighborhood? Austin’s median rental rates

AUSTIN - Zumper, a new San Francisco startup, released its first map of rental rates for apartments throughout the Austin area. Though Austin’s rental rates have been rising for years,...
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by
Austin Business Journal

AUSTIN – Zumper, a new San Francisco startup, released its first map of rental rates for apartments throughout the Austin area.

Though Austin’s rental rates have been rising for years, overall the market is fairly tame.

Austin ranks No. 21 for monthly median apartment lease rates at $1,030 for a one-bedroom unit. A two-bedroom unit has a median lease rate of $1,380 per month.

The nation’s largest metro markets continue to be very expensive but it might be surprising to note that Minneapolis, Minnesota; Portland, Oregon; and Baltimore, Maryland are all more expensive than Austin.

In Texas, Dallas and Houston also are more expensive than Austin.

Austin Neighborhoods
Median Monthly Rent*
RankNeighborhoodMedian
Rent
1 Downtown Austin $1,913
2 East Cesar Chavez $1,589
3 Central East Austin $1,575
4 Old West Austin $1,544
5 Zilker $1,500
6 Holly $1,425
7 RMMA $1,377
8 Triangle State $1,344
9 Rosedale $1,320


*Median monthly rent figures include one-bedroom apartments.

Need a visual? See the map here!

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Written by
Austin Business Journal
Last updated
Mar 28, 2024

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