Average Rent in 78724, Austin, TX

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Current Versus Historical 78724, Austin, TX Rents

78724 rentals average $1,500 for a 1-bedroom rental to $2,300 for a 4-bedroom rental. The median price of all currently available listings is $1,900, or roughly $18 per square feet.

For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $101 (9.25%) year-over-year from $1,087 to $1,187. 1-bedroom rentals prices have decreased by $16 (-1.04%) year-over-year from $1,536 to $1,520. 2-bedroom rentals prices have increased by $41 (2.27%) year-over-year from $1,819 to $1,860. 3-bedroom rentals prices have increased by $113 (5.00%) year-over-year from $2,249 to $2,362. 4-bedroom rentals prices have increased by $17 (0.73%) year-over-year from $2,283 to $2,300. 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 2.16% this month. 1-bedroom rents have gone up by 1.85% this month. 2-bedroom rents have gone up by 3.67% this month. 3-bedroom rents have gone up by 6.66% this month. 4-bedroom rents have gone up by 0.73% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$22.89	$1,520	$1,536 (-1.04%)	$1,120 (35.69%)
2 BR	$18.07	$1,860	$1,819 (2.27%)	$1,595 (16.61%)
3 BR	$17.09	$2,362	$2,249 (5.00%)	$1,958 (20.64%)
4+ BR	$13.11	$2,300	$2,283 (0.73%)	$2,273 (1.18%)

Historical Rents in 78724, Austin, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 78724

There are a total of 17 cities nearby 78724. The average rent in 78724 is currently $2,000 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Lockhart, TX, with an average rent of $1,600, is the most affordable city nearby. In contrast, the most expensive city near 78724, Austin, TX is Lakeway, TX. Monthly rents here are on average $3,300 per month.

Let's compare 78724, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 16.67% more expensive. Two bedrooms in 78724, Austin, TX are about 7.92% more expensive. Finally, rent for three bedrooms are about 14.89% more expensive. Want more information? Check out the top 10 cities out of 17 total cities near 78724, Austin, TX in the following table.

City	Studio	1 Bed	2 Bed	All
Bastrop, TX	N/A	$1,466	$1,650	$1,950
Manor, TX	N/A	$1,449	$1,723	$1,995
Jollyville, TX	N/A	N/A	$1,450	$1,995
Austin, TX	$1,440	$1,450	$1,879	$2,000
Round Rock, TX	$1,550	$1,651	$1,550	$2,085
Hutto, TX	$1,103	$1,230	$1,599	$2,100
Pflugerville, TX	N/A	$1,191	$1,650	$2,145
Cedar Park, TX	$2,075	$1,276	$1,489	$2,250
Brushy Creek, TX	N/A	$1,319	$1,875	$2,373
Lakeway, TX	N/A	N/A	$1,835	$3,300

Top Neighborhoods Near 78724

There are a total of 33 neighborhoods in or near 78724. Some of these neighborhoods include St. Johns, North University, and Parker Lane. We've included the top 30 neighborhoods out of 33 total neighborhoods in or near 78724, Austin, TX in the following table.

The average rent for these 30 neighborhoods in or near 78724, Austin, TX is currently around $1,975 per month. A total of 14 neighborhoods have a lower average rent. Meaning, only sixteen neighborhoods have a higher average rent than $1,975. Interestingly, the neighborhoods' average rent is higher than 78724's average rent, which is only $1,900. Out of all the neighborhoods in or near 78724, St. Johns has the most affordable average rent at $1,233 per month. Whereas, at $3,150 average rent per month, Downtown Austin is the most expensive neighborhood in or near 78724. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
St. Johns, Austin, TX	$1,000	$1,149	$1,505	$1,233
North University, Austin, TX	$1,000	$1,088	$1,650	$1,250
Parker Lane, Austin, TX	$701	$975	$1,570	$1,250
Hyde Park, Austin, TX	$925	$1,125	$1,450	$1,400
North Austin, Austin, TX	$985	$924	$1,373	$1,495
West University, Austin, TX	$995	$1,125	$1,750	$1,500
Hancock, Austin, TX	$1,450	$1,195	$1,660	$1,500
Brentwood, Austin, TX	$1,414	$1,558	$2,095	$1,600
Riverside, Austin, TX	$1,252	$1,545	$1,910	$1,644
Highland, Austin, TX	$1,760	$1,397	$1,776	$1,682
North Burnet, Austin, TX	$1,450	$1,774	$2,529	$1,803
Pleasant Valley, Austin, TX	$1,460	$1,389	$1,999	$1,831
Sweetbriar, Austin, TX	$1,514	$1,378	$1,978	$1,862
South Lamar, Austin, TX	$1,350	$1,751	$1,984	$1,964
West Oak Hill, Austin, TX	$1,250	$1,303	$1,600	$1,974
Windsor Park, Austin, TX	$1,757	$1,661	$1,673	$1,975
North Loop, Austin, TX	$1,050	$1,372	$1,898	$2,000
Johnston Terrace, Austin, TX	$1,860	$1,813	$2,425	$2,081
Montropolis, Austin, TX	$1,300	$1,370	$2,021	$2,150
Old West Austin, Austin, TX	$1,824	$1,978	$2,802	$2,205
South River City, Austin, TX	$1,780	$1,550	$2,573	$2,211
East Cesar Chavez, Austin, TX	$1,700	$1,990	$2,671	$2,262
MLK, Austin, TX	N/A	$1,721	$2,531	$2,338
MLK-183, Austin, TX	N/A	$1,493	$1,998	$2,398
Govalle, Austin, TX	$1,613	$1,844	$2,625	$2,400
Zilker, Austin, TX	$1,745	$2,010	$2,850	$2,500
Central East Austin, Austin, TX	N/A	$2,088	$2,865	$2,500
Rosewood, Austin, TX	$1,513	$1,966	$2,820	$2,559
RMMA, Austin, TX	$1,983	$2,000	$3,100	$3,034
Downtown Austin, Austin, TX	$1,908	$2,620	$3,879	$3,150

Top Counties Near 78724

There are a total of 16 counties located by 78724, Austin, TX. Some of these counties include Lockhart, TX, Austin, TX, and Cedar Creek-Red Rock, TX. The average rent for rentals in these counties is $2,075. That's roughly around $15 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Lockhart, TX. Its average rent per month is $1,625. Vice versa, with an average rent of $3,300, Southwest Travis, TX is the most expensive county by 78724, Austin, TX.

In comparison, rent for one bedroom listings in 78724, Austin, TX is 12.60% more expensive than other counties nearby. Finally, rent for two bedrooms in 78724, Austin, TX is 4.65% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Lockhart, TX	$1,175	$968	$1,200	$1,625
Austin, TX	$1,440	$1,470	$1,900	$1,999
Cedar Creek-Red Rock, TX	N/A	$1,463	$1,679	$2,000
Kyle-Buda, TX	$1,198	$1,299	$1,700	$2,000
Northeast Travis, TX	N/A	$1,360	$1,811	$2,150
Taylor, TX	$1,802	$1,303	$1,535	$2,150
Round Rock-Georgetown, TX	$1,275	$1,319	$1,550	$2,150
Cedar Park-Liberty Hill, TX	$1,576	$1,416	$1,693	$2,200
Northwest Travis, TX	$1,603	$1,200	$1,576	$2,448
Southwest Travis, TX	$1,249	$1,432	$1,775	$3,300

Top Zipcodes Near 78724

There are a total of 41 zipcodes in or near 78724, Austin, TX. The average rent for all of these zipcodes is $2,015. A total of 15 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 78752, Austin, TX at $1,395 per month. In comparison, the zipcode with the most expensive average rent of $4,500 per month is 78746, West Lake Hills, TX.

Studios in these zipcodes have an average rent of $1,284. That's at least $28 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 78724, Austin, TX is $1,319 per month. Or in other words, $23 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,698 per month. Which comes out to $19 per sqft. The following table includes the top 10 zipcodes in 78724, Austin, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
78705, Austin, TX	$1,000	$1,125	$1,698	$1,400
78741, Austin, TX	$890	$1,298	$1,866	$1,717
78704, Austin, TX	$1,685	$1,600	$2,400	$2,300
78702, Austin, TX	$1,610	$1,844	$2,668	$2,409
78701, Austin, TX	$1,908	$2,620	$3,879	$3,130
78723, Austin, TX	$1,917	$1,738	$2,055	$2,189
78660, Pflugerville, TX	N/A	$1,228	$1,650	$2,195
78745, Austin, TX	$995	$1,295	$1,650	$1,750
78758, Austin, TX	$1,314	$1,474	$1,495	$1,631
78752, Austin, TX	$1,338	$1,165	$1,625	$1,395

Frequently Asked Questions - 78724 Average Rents

What is the average rent price in 78724, Austin, TX?

The average monthly rental price for 78724, Austin, TX apartments for rent is approximately $1,900. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 78724, 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 78724, Austin, TX.

How much is a one bedroom apartment in 78724, Austin, TX?

The average monthly rental price for one bedroom apartments is $1,500 and an average price per square feet of $22.89. There are a total of 45 one bedroom apartment listings currently available for rent in 78724.

How much is a two bedroom apartment in 78724, Austin, TX?

The average monthly rental price for two bedroom apartments is $1,768 and an average price per square feet of $18.07. There are a total of 52 two bedroom apartment listings currently available for rent in 78724.

How have rent prices in 78724, Austin, TX changed this year?

Rent prices for rentals in 78724, Austin, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.09%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by 0.02%, three bedroom rental prices have changed by 0.05% year-over-year.

What is a reasonable rent price in 78724, Austin, TX?

A reasonable rent price in 78724, Austin, TX is around $1,520/month. You can search for these reasonably priced rental listings on RentHop.