Average Rent in North Loop, Austin, TX

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Current Versus Historical North Loop, Austin, TX Rents

North Loop rentals average $0 for a studio rental to $4,175 for a 4-bedroom rental. The median price of all currently available listings is $2,738, or roughly $2 per square feet.
For the apartment units and housing in June 2024, median rents have risen over the last year. Studio rentals prices have decreased by $364 (-27.67%) year-over-year from $1,314 to $950. 1-bedroom rentals prices have increased by $103 (6.66%) year-over-year from $1,539 to $1,642. 2-bedroom rentals prices have increased by $211 (9.44%) year-over-year from $2,230 to $2,440. 3-bedroom rentals prices have increased by $373 (15.27%) year-over-year from $2,440 to $2,812. 4-bedroom rentals prices have increased by $310 (8.02%) year-over-year from $3,865 to $4,175. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 11.42% this month. 1-bedroom rents have gone up by 12.02% this month. 2-bedroom rents have gone up by 14.06% this month. 3-bedroom rents have gone up by 0.08% this month. 4-bedroom rents have gone up by 13.09% this month.
Beds
Price / Sqft
Jun 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.33 $1,642 $1,539 (6.66%) $1,632 (0.56%)
2 BR $2.39 $2,440 $2,230 (9.44%) $1,926 (26.68%)
3 BR $2.12 $2,812 $2,440 (15.27%) $2,631 (6.87%)
4+ BR $2.10 $4,175 $3,865 (8.02%) $3,582 (16.57%)

Historical Rents in North Loop, Austin, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near North Loop

There are a total of 15 cities nearby North Loop. The average rent in North Loop is currently $2,250 per month. A total of 14 cities nearby have an average rent lower than that. Our records show that Canyon Lake, TX, with an average rent of $1,663, is the most affordable city nearby. In contrast, the most expensive city near North Loop, Austin, TX is Lakeway, TX. Monthly rents here are on average $3,300 per month.

Let's compare North Loop, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 33.22% more expensive. Two bedrooms in North Loop, Austin, TX are about 16.05% more expensive. Finally, rent for three bedrooms are about 27.12% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near North Loop, Austin, TX in the following chart.
City Studio 1 Bed 2 Bed All
Cedar Park, TX N/A $1,347 $1,855 $2,195
Round Rock, TX N/A N/A $1,625 $2,200
Hutto, TX N/A N/A N/A $2,200
Manor, TX N/A N/A $2,075 $2,250
Lago Vista, TX N/A $1,595 $1,595 $2,295
Leander, TX N/A $1,375 $1,550 $2,295
Austin, TX $1,200 $1,425 $1,990 $2,300
Pflugerville, TX N/A N/A $1,473 $2,300
Brushy Creek, TX N/A N/A N/A $2,695
Lakeway, TX N/A N/A $2,150 $3,300

Top Neighborhoods Near North Loop

There are a total of 11 neighborhoods in or near North Loop. Some of these neighborhoods include North University, Windsor Park, and Hyde Park. We've included all of these top 11 neighborhoods in or near North Loop, Austin, TX in the following chart.

The average rent for these 11 neighborhoods in or near North Loop, Austin, TX is currently around $1,962 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only four neighborhoods have a higher average rent than $1,962. Out of all the neighborhoods in or near North Loop, North University has the most affordable average rent at $1,295 per month. Whereas, at $5,300 average rent per month, West Austin is the most expensive neighborhood in or near North Loop. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North University, Austin, TX $1,050 $1,250 $2,195 $1,295
Windsor Park, Austin, TX $700 $988 $1,500 $1,600
Hyde Park, Austin, TX $1,025 $1,225 $1,900 $1,675
West University, Austin, TX $1,325 $1,300 $1,895 $1,675
Hancock, Austin, TX $1,200 $1,499 $1,900 $1,698
West Oak Hill, Austin, TX N/A $1,405 $1,955 $1,962
South Lamar, Austin, TX $1,125 $1,437 $2,200 $2,200
South River City, Austin, TX N/A $2,148 $2,423 $3,250
Downtown Austin, Austin, TX $1,750 $3,150 $4,825 $3,450
Zilker, Austin, TX N/A $2,275 $3,200 $3,925
West Austin, Austin, TX N/A $1,675 $2,750 $5,300

Top Counties Near North Loop

There are a total of 11 counties located by North Loop, Austin, TX. Some of these counties include Cedar Creek-Red Rock, TX, Kyle-Buda, TX, and Cedar Park-Liberty Hill, TX. The average rent for rentals in these counties is $2,297. That's roughly around $1 per sqft. A total of 11 counties have a lower average rent. The county that is the most affordable is Jarrell, TX. It's average rent per month is $1,885. Vice versa, with an average rent of $3,300, Southwest Travis, TX is the most expensive county by North Loop, Austin, TX.

In comparison, rent for one bedroom listings in North Loop, Austin, TX is 4.42% more expensive than other counties nearby. Finally, rent for two bedrooms in North Loop, Austin, TX is 3.99% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Cedar Creek-Red Rock, TX N/A N/A $2,550 $2,098
Kyle-Buda, TX N/A $1,225 $1,785 $2,195
Cedar Park-Liberty Hill, TX N/A $1,347 $1,826 $2,295
Northeast Travis, TX N/A $1,635 $2,063 $2,297
Taylor, TX N/A $1,680 $1,500 $2,297
Austin, TX $1,200 $1,425 $1,995 $2,300
Round Rock-Georgetown, TX N/A $1,548 $1,633 $2,300
Northwest Travis, TX N/A $1,375 $1,823 $2,798
Dripping Springs-Wimberley, TX N/A $2,088 $2,250 $3,000
Southwest Travis, TX N/A $1,416 $1,995 $3,300

Top Zipcodes Near North Loop

There are a total of 42 zipcodes in or near North Loop, Austin, TX. The average rent for all of these zipcodes is $2,323. A total of 32 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 78705, Austin, TX at $1,595 per month. In comparison, the zipcode with the most expensive average rent of $3,995 per month is 78746, West Lake Hills, TX.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near North Loop, Austin, TX is $1,212 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,800 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in North Loop, Austin, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
78751, Austin, TX $1,063 $1,313 $1,900 $2,250
78752, Austin, TX N/A $1,393 $1,800 $2,400
78723, Austin, TX $700 $1,148 $1,550 $2,500
78705, Austin, TX $1,195 $1,250 $1,900 $1,595
78703, Austin, TX $1,200 $1,895 $2,750 $3,500
78701, Austin, TX $1,750 $3,100 $4,575 $3,450
78702, Austin, TX $1,778 $1,900 $2,930 $2,950
78721, Austin, TX N/A N/A $2,500 $2,800
78758, Austin, TX $1,269 $1,495 $1,685 $1,688
78753, Austin, TX N/A $1,225 $1,823 $2,200

Frequently Asked Questions - North Loop Average Rents

What is the average rent price in North Loop, Austin, TX?
The average monthly rental price for North Loop, Austin, TX apartments for rent is approximately $2,738. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do North Loop, Austin, TX rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in North Loop, Austin, TX.
How much is a studio apartment in North Loop, Austin, TX?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in North Loop.
How much is a one bedroom apartment in North Loop, Austin, TX?
The average monthly rental price for one bedroom apartments is $1,460 and an average price per square feet of $2.33. There are a total of 13 one bedroom apartment listings currently available for rent in North Loop.
How much is a two bedroom apartment in North Loop, Austin, TX?
The average monthly rental price for two bedroom apartments is $1,900 and an average price per square feet of $2.39. There are a total of 14 two bedroom apartment listings currently available for rent in North Loop.
How have rent prices in North Loop, Austin, TX changed this year?
Rent prices for rentals in North Loop, Austin, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.28%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.15% year-over-year.
What is a reasonable rent price in North Loop, Austin, TX?
A reasonable rent price in North Loop, Austin, TX is around $2,190/month. You can search for these reasonably priced rental listings on RentHop.
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