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Average Rent in Austin, TX (2026): Apartments and Rooms

What rent costs in Austin in 2026: average apartment rents by size, the priciest and cheapest areas, nearby cities, and what a room in a shared home costs.

Muizz Soomar and Ali Soomar
October 12, 2026 · 3 min read
On this page
  1. What is the average rent in Austin right now?
  2. Is rent going down in Austin?
  3. What are the most and least expensive areas to rent in Austin?
  4. Is it cheaper to live outside Austin?
  5. How much does it cost to rent a room in Austin?
  6. How much do I need to earn to rent in Austin?
  7. Frequently asked questions

If you’re moving to Austin, rent is the number that decides almost everything else: which part of town you can live in, whether you want a roommate, and how much is left over each month. The problem is that every site quotes a different “average rent,” and they can be hundreds of dollars apart.

We run shared homes in Austin and Manor, so we watch these numbers closely. Below are the current figures from the two most-cited sources, what each one actually measures, and how a room compares.

What is the average rent in Austin right now?

The average Austin apartment rented for about $1,646 a month in September 2026, at about 867 square feet, according to RentCafe. Here’s how that breaks down by size:

Austin apartment rent by size
CompareAverage rent (September 2026)
Studio$1,293
One bedroom$1,427
Two bedrooms$1,822
Three bedrooms$2,428
All apartments$1,646

RentCafe averages, based on Yardi Matrix data for larger apartment complexes. Smaller and older buildings often rent for less.

Is rent going down in Austin?

Slightly. RentCafe’s Austin average fell about 1.6% over the past year, from $1,672 to $1,646.

Move-in specials are a bigger deal than the small price drop. In May 2026, RealPage found that about a third of Austin’s established apartment units were offering a discount, often several weeks of free rent. That makes the real monthly cost of an apartment lower than its listed rent, so compare specials with our rent and move-in cost calculator.

What are the most and least expensive areas to rent in Austin?

Rent in Austin swings by more than $2,500 a month depending on the neighborhood. These are RentCafe’s September 2026 averages across all apartment sizes:

Austin neighborhoods by average rent (all sizes)
CompareAverage rent
West University$3,497
Downtown Austin$3,331
Bouldin Creek$2,619
Heritage Hills$954
Georgian Acres$945
Mesa Park$923

RentCafe, September 2026. Averages include every apartment size, so they’re higher than one-bedroom rents in the same area.

For a one-bedroom specifically, downtown averaged about $2,841 and East Cesar Chavez, just east of downtown, about $1,866. The three cheapest areas in RentCafe’s list are all north of central Austin.

Is it cheaper to live outside Austin?

A little, for apartments. One-bedrooms in the suburbs ran $130 to $220 a month less than Austin’s average in fall 2026:

One-bedroom apartment rent near Austin
CompareAverage one-bedroom
Austin$1,427
Manor$1,295
Pflugerville$1,245
Cedar Park$1,234
Round Rock$1,208

RentCafe averages for larger complexes: Manor October 2026, the rest September 2026.

The savings can disappear into a longer commute, so check the drive to your job first. Our employer guides show door-to-door drive times from different parts of town.

How much does it cost to rent a room in Austin?

A private room in a shared home usually costs $650 to $1,100 a month in Austin, several hundred dollars less than a one-bedroom. On 12 October 2026, the first page of Roomies’ Austin listings ran from $620 to $1,128, with $850 in the middle, and most included utilities. Co-living company PadSplit starts at about $728 a month, with utilities included and furnished rooms.

Rooms in our homes currently run $700 to $1,050 a month. Utilities aren’t part of the rent, but they’re set up for you and split evenly, typically $100 to $150 a month per room, including internet and monthly cleaning of shared areas.

Monthly cost: one-bedroom apartment vs a room
CompareOne-bedroom apartmentRoom in a shared home
RentAbout $1,427 on averageAbout $650 to $1,100
Utilities and internetAbout $155 to $300 with building feesOften included, or split with housemates ($100 to $150 per room in our homes)
FurnitureBuy your ownCommon areas furnished; bedrooms often furnished
Income needed at 3x rentAbout $51,000 a yearAbout $23,000 to $40,000 a year

Apartment rent is RentCafe’s September 2026 average; room range from Roomies listings (12 Oct 2026). Apartment utilities are an Austin apartment locator’s 2026 estimate.

For the full first-year math, including deposits, fees, and furniture, see Renting a Room vs an Apartment in Austin.

How much do I need to earn to rent in Austin?

Most landlords want gross income of at least 3 times the rent. For Austin’s average one-bedroom at $1,427, that’s about $51,372 a year before taxes. For a room at $850, it’s about $30,600. Our rent calculator shows the number for any rent, plus what fits a 30% budget.

Frequently asked questions

What is the average rent in Austin, TX?

About $1,646 a month for an apartment in September 2026, according to RentCafe, which tracks larger complexes. Smaller and older buildings often rent for less.

How much is a one-bedroom apartment in Austin?

About $1,427 a month on average in larger complexes, according to RentCafe’s September 2026 data. Studios averaged about $1,293.

Is rent going down in Austin?

Slightly. RentCafe’s Austin average is down about 1.6% from a year ago. Move-in specials are common, so the real cost is often below the listed rent.

How much does it cost to rent a room in Austin?

Usually $650 to $1,100 a month. The first page of Roomies’ Austin listings in October 2026 ran from $620 to $1,128, with $850 in the middle, and most included utilities.

What is the cheapest area to rent in Austin?

In RentCafe’s September 2026 data, Mesa Park, Georgian Acres, and Heritage Hills had the lowest average rents, all under $1,000 a month across apartment sizes.

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