The average apartment rent in Austin, TX: October 2022

Austin is the largest city in central Texas. The population of Austin is about 1 million people. The city is the state capital of Texas and the county seat of Travis County. In this article, we will look at the average prices for renting apartments with one and two bedroom apartments in Austin for October 2022. The median rental price for a one-bedroom apartment in Austin is $1,720 per month. One-bedroom apartment rentals are up 19.40% year-on-year. Two-bedroom apartments average $2,150 to rent, with prices rising 18.10% year-on-year. Austin is by far the most expensive city to live in the state of Texas.

Austin’s most expensive neighborhoods include Bouldin Creek ($3,150/month for one-bedroom apartments), Downtown Austin ($2,830/month) and Zilker ($2,245/month).  Downtown Austin is the most popular area in the city with the highest number of rental listings.

The cheapest neighborhoods in Austin include Heritage Hills ($1,195/month), North University ($1,200/month) and Hyde Park ($1,300/month).