Average Rent in 78628, Round Rock-Georgetown, TX

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Current Versus Historical 78628, Round Rock-Georgetown, TX Rents

78628 rentals average $0 for a studio rental to $2,650 for a 4-bedroom rental. The median price of all currently available listings is $2,350, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $331 (-23.05%) year-over-year from $1,436 to $1,105. 1-bedroom rentals prices have decreased by $412 (-26.62%) year-over-year from $1,547 to $1,135. 2-bedroom rentals prices have decreased by $75 (-4.92%) year-over-year from $1,525 to $1,450. 3-bedroom rentals prices have decreased by $53 (-2.39%) year-over-year from $2,203 to $2,150. 4-bedroom rentals prices have increased by $66 (2.69%) year-over-year from $2,447 to $2,513. 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 up by 18.88% this month. 1-bedroom rents have gone down by 13.07% this month. 2-bedroom rents have gone down by 7.52% this month. 3-bedroom rents have gone up by 2.54% this month. 4-bedroom rents have gone up by 0.33% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.59 $1,135 $1,547 (-26.62%) $1,139 (-0.37%)
2 BR $1.40 $1,450 $1,525 (-4.92%) $1,375 (5.43%)
3 BR $1.28 $2,150 $2,203 (-2.39%) $2,037 (5.56%)
4+ BR $1.10 $2,513 $2,447 (2.69%) $2,640 (-4.83%)

Historical Rents in 78628, Round Rock-Georgetown, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 78628

There are a total of 10 cities nearby 78628. The average rent in 78628 is currently $2,200 per month. A total of 9 cities nearby have an average rent lower than that. Our records show that Killeen, TX, with an average rent of $1,300, is the most affordable city nearby. In contrast, the most expensive city near 78628, Round Rock-Georgetown, TX is Lakeway, TX. Monthly rents here are on average $3,600 per month.

Let's compare 78628, Round Rock-Georgetown, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 39.58% more expensive. Two bedrooms in 78628, Round Rock-Georgetown, TX are about 24.10% more affordable. Finally, rent for three bedrooms are about 1.17% more expensive. Want more information? Check out the top 10 cities near 78628, Round Rock-Georgetown, TX in the following chart.
City Studio 1 Bed 2 Bed All
Killeen, TX N/A $650 $850 $1,300
Harker Heights, TX N/A $785 $925 $1,395
Hutto, TX N/A N/A N/A $2,195
Georgetown, TX $1,252 $1,250 $1,564 $2,199
Leander, TX N/A $1,350 $1,663 $2,200
Cedar Park, TX N/A $1,371 $1,835 $2,200
Round Rock, TX N/A N/A $1,673 $2,250
Pflugerville, TX N/A N/A $1,595 $2,250
Austin, TX $1,150 $1,400 $1,950 $2,250
Lakeway, TX N/A N/A $2,175 $3,600

Top Neighborhoods Near 78628

There are a total of 9 neighborhoods in or near 78628. Some of these neighborhoods include North University, West University, and Hancock. We've included all of these top 9 neighborhoods in or near 78628, Round Rock-Georgetown, TX in the following chart.

The average rent for these 9 neighborhoods in or near 78628, Round Rock-Georgetown, TX is currently around $2,225 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,225. Out of all the neighborhoods in or near 78628, North University has the most affordable average rent at $1,250 per month. Whereas, at $3,398 average rent per month, Downtown Austin is the most expensive neighborhood in or near 78628. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North University, Austin, TX $1,062 $1,250 $2,125 $1,250
West University, Austin, TX $1,325 $1,300 $1,950 $1,750
Hancock, Austin, TX $1,323 $1,500 $1,900 $1,800
Garrison Park, Austin, TX N/A $1,150 $1,695 $1,850
South Lamar, Austin, TX $1,175 $1,748 $2,100 $2,225
Hyde Park, Austin, TX $1,010 $1,194 $1,880 $2,250
North Loop, Austin, TX $1,205 $1,400 $1,898 $2,595
Zilker, Austin, TX N/A $1,900 $3,000 $3,000
Downtown Austin, Austin, TX $1,750 $2,750 $3,550 $3,398

Top Counties Near 78628

There are a total of 9 counties located by 78628, Round Rock-Georgetown, TX. Some of these counties include Killeen, TX, Temple, TX, and Jarrell, TX. The average rent for rentals in these counties is $2,250. That's roughly around $1 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Killeen, TX. It's average rent per month is $1,300. Vice versa, with an average rent of $3,400, Southwest Travis, TX is the most expensive county by 78628, Round Rock-Georgetown, TX.

In comparison, rent for one bedroom listings in 78628, Round Rock-Georgetown, TX is 15.58% more affordable than other counties nearby. Finally, rent for two bedrooms in 78628, Round Rock-Georgetown, TX is 37.14% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Killeen, TX N/A $665 $875 $1,300
Temple, TX $900 $985 $1,195 $1,795
Jarrell, TX N/A N/A N/A $1,950
Cedar Park-Liberty Hill, TX N/A $1,373 $1,800 $2,250
Northeast Travis, TX N/A $1,657 $1,875 $2,250
Taylor, TX N/A $1,764 $1,450 $2,250
Austin, TX $1,150 $1,400 $1,950 $2,250
Round Rock-Georgetown, TX $1,252 $1,255 $1,615 $2,295
Northwest Travis, TX N/A $1,373 $1,800 $2,700
Southwest Travis, TX N/A $1,434 $2,146 $3,400

Top Zipcodes Near 78628

There are a total of 40 zipcodes in or near 78628, Round Rock-Georgetown, TX. The average rent for all of these zipcodes is $2,223. A total of 28 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 76548, Harker Heights, TX at $1,395 per month. In comparison, the zipcode with the most expensive average rent of $4,975 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 78628, Round Rock-Georgetown, TX is $1,228 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,719 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 78628, Round Rock-Georgetown, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
78613, Cedar Park, TX N/A $1,373 $1,835 $2,200
78704, Austin, TX $1,175 $1,600 $2,290 $2,899
76548, Harker Heights, TX N/A $785 $925 $1,395
76542, Killeen, TX N/A N/A $950 $1,695
78758, Austin, TX N/A $1,550 $1,795 $1,750
78702, Austin, TX $1,273 $1,905 $2,995 $2,995
78741, Austin, TX $1,074 $1,230 $1,795 $2,000
78626, Jarrell, TX $1,252 $1,259 $1,575 $2,200
78701, Austin, TX $1,750 $2,750 $3,500 $3,350
76549, Southwest Bell, TX N/A N/A $925 $1,650

Frequently Asked Questions - 78628 Average Rents

What is the average rent price in 78628, Round Rock-Georgetown, TX?
The average monthly rental price for 78628, Round Rock-Georgetown, TX apartments for rent is approximately $2,350. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 78628, Round Rock-Georgetown, 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 78628, Round Rock-Georgetown, TX.
How much is a studio apartment in 78628, Round Rock-Georgetown, 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 78628.
How much is a one bedroom apartment in 78628, Round Rock-Georgetown, TX?
The average monthly rental price for one bedroom apartments is $1,188 and an average price per square feet of $1.59. There are a total of 6 one bedroom apartment listings currently available for rent in 78628.
How much is a two bedroom apartment in 78628, Round Rock-Georgetown, TX?
The average monthly rental price for two bedroom apartments is $1,313 and an average price per square feet of $1.40. There are a total of 16 two bedroom apartment listings currently available for rent in 78628.
How have rent prices in 78628, Round Rock-Georgetown, TX changed this year?
Rent prices for rentals in 78628, Round Rock-Georgetown, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.23%, one bedroom rental prices have changed by -0.27%, two bedroom rental prices have changed by -0.05%, and three bedroom rental prices have changed by -0.02% year-over-year.
What is a reasonable rent price in 78628, Round Rock-Georgetown, TX?
A reasonable rent price in 78628, Round Rock-Georgetown, TX is around $1,880/month. You can search for these reasonably priced rental listings on RentHop.
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