Average Rent in 78741, Austin, TX

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Current Versus Historical 78741, Austin, TX Rents

78741 rentals average $1,074 for a studio rental to $2,910 for a 4-bedroom rental. The median price of all currently available listings is $2,000, or roughly $2 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 $198 (-14.03%) year-over-year from $1,411 to $1,213. 1-bedroom rentals prices have decreased by $416 (-22.34%) year-over-year from $1,861 to $1,445. 2-bedroom rentals prices have decreased by $662 (-26.74%) year-over-year from $2,475 to $1,813. 3-bedroom rentals prices have decreased by $117 (-4.17%) year-over-year from $2,812 to $2,695. 4-bedroom rentals prices have increased by $243 (10.29%) year-over-year from $2,357 to $2,600. 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 1.57% this month. 1-bedroom rents have gone down by 10.95% this month. 2-bedroom rents have gone down by 12.51% this month. 3-bedroom rents have gone up by 7.44% this month. 4-bedroom rents have gone up by 16.12% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.36 $1,213 $1,411 (-14.03%) $1,316 (-7.80%)
1 BR $2.08 $1,445 $1,861 (-22.34%) $1,608 (-10.12%)
2 BR $1.67 $1,813 $2,475 (-26.74%) $1,942 (-6.63%)
3 BR $1.77 $2,695 $2,812 (-4.17%) $2,000 (34.73%)
4+ BR $1.70 $2,600 $2,357 (10.29%) $2,458 (5.80%)

Historical Rents in 78741, Austin, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 78741

There are a total of 13 cities nearby 78741. The average rent in 78741 is currently $2,197 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Canyon Lake, TX, with an average rent of $1,650, is the most affordable city nearby. In contrast, the most expensive city near 78741, Austin, TX is Lakeway, TX. Monthly rents here are on average $3,125 per month.

Let's compare 78741, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 9.65% more expensive. Two bedrooms in 78741, Austin, TX are about 7.56% more expensive. Finally, rent for three bedrooms are about 24.48% more expensive. Want more information? Check out the top 10 cities out of 13 total cities near 78741, Austin, TX in the following chart.
City Studio 1 Bed 2 Bed All
San Marcos, TX N/A $1,100 $1,500 $1,990
Kyle, TX N/A $1,263 $1,425 $2,000
Cedar Park, TX N/A $1,347 $1,788 $2,173
Hutto, TX N/A N/A N/A $2,195
Manor, TX N/A N/A N/A $2,200
Leander, TX N/A $1,350 $1,625 $2,200
Austin, TX $1,135 $1,400 $1,900 $2,250
Pflugerville, TX N/A N/A $1,850 $2,250
Round Rock, TX N/A N/A $1,695 $2,250
Lakeway, TX N/A N/A $2,250 $3,125

Top Neighborhoods Near 78741

There are a total of 9 neighborhoods in or near 78741. Some of these neighborhoods include North University, Hancock, and West University. We've included all of these top 9 neighborhoods in or near 78741, Austin, TX in the following chart.

The average rent for these 9 neighborhoods in or near 78741, Austin, TX is currently around $2,125 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $2,125. Interestingly, the neighborhoods' average rent is higher than 78741's average rent, which is only $2,000. Out of all the neighborhoods in or near 78741, North University has the most affordable average rent at $1,300 per month. Whereas, at $3,325 average rent per month, Downtown Austin is the most expensive neighborhood in or near 78741. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North University, Austin, TX $1,062 $1,250 $2,150 $1,300
Hancock, Austin, TX $1,350 $1,499 $1,825 $1,763
West University, Austin, TX $1,325 $1,300 $1,963 $1,773
Hyde Park, Austin, TX $1,010 $1,195 $1,975 $1,868
Brentwood, Austin, TX $1,300 $1,500 $2,300 $2,125
South Lamar, Austin, TX $1,175 $1,595 $1,800 $2,275
North Loop, Austin, TX $1,078 $1,400 $1,898 $2,495
Zilker, Austin, TX N/A $1,825 $2,950 $3,000
Downtown Austin, Austin, TX $1,435 $2,750 $3,500 $3,325

Top Counties Near 78741

There are a total of 9 counties located by 78741, Austin, TX. Some of these counties include Lockhart, TX, San Marcos, TX, and Kyle-Buda, TX. The average rent for rentals in these counties is $2,245. That's roughly around $1 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Lockhart, TX. It's average rent per month is $1,713. Vice versa, with an average rent of $3,200, Southwest Travis, TX is the most expensive county by 78741, Austin, TX.

In comparison, rent for one bedroom listings in 78741, Austin, TX is 6.37% more affordable than other counties nearby. Finally, rent for two bedrooms in 78741, Austin, TX is 4.06% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Lockhart, TX N/A $1,250 $1,400 $1,713
San Marcos, TX N/A $1,100 $1,490 $1,995
Kyle-Buda, TX N/A $1,200 $1,648 $2,150
Austin, TX $1,135 $1,400 $1,900 $2,200
Cedar Park-Liberty Hill, TX N/A $1,350 $1,750 $2,245
Northeast Travis, TX N/A $1,657 $1,875 $2,250
Round Rock-Georgetown, TX $1,252 $1,250 $1,625 $2,295
Northwest Travis, TX N/A $1,295 $1,850 $2,695
Dripping Springs-Wimberley, TX N/A $1,550 $2,225 $2,997
Southwest Travis, TX N/A $1,399 $2,058 $3,200

Top Zipcodes Near 78741

There are a total of 39 zipcodes in or near 78741, Austin, TX. The average rent for all of these zipcodes is $2,250. A total of 10 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 $1,650 per month. In comparison, the zipcode with the most expensive average rent of $4,495 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 78741, Austin, TX is $1,200 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,768 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 78741, Austin, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
78130, New Braunfels, TX N/A $915 $1,800 $2,098
78613, Cedar Park, TX N/A $1,349 $1,788 $2,200
78704, Austin, TX $1,175 $1,600 $2,250 $2,900
78666, San Marcos, TX N/A $1,100 $1,500 $1,995
78702, Austin, TX $1,513 $1,900 $2,860 $2,860
78758, Austin, TX N/A $1,588 $1,800 $1,800
78626, Jarrell, TX $1,252 $1,255 $1,581 $2,200
78701, Austin, TX $1,435 $2,725 $3,500 $3,275
78628, Round Rock-Georgetown, TX N/A $1,175 $1,475 $2,385
78745, Austin, TX $995 $1,315 $1,750 $2,000

Frequently Asked Questions - 78741 Average Rents

What is the average rent price in 78741, Austin, TX?
The average monthly rental price for 78741, Austin, TX apartments for rent is approximately $2,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 78741, 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 78741, Austin, TX.
How much is a studio apartment in 78741, Austin, TX?
The average monthly rental price for studio apartments is $1,074 and an average price per square feet of $2.36. There are a total of 2 studio apartment listings currently available for rent in 78741.
How much is a one bedroom apartment in 78741, Austin, TX?
The average monthly rental price for one bedroom apartments is $1,218 and an average price per square feet of $2.08. There are a total of 18 one bedroom apartment listings currently available for rent in 78741.
How much is a two bedroom apartment in 78741, Austin, TX?
The average monthly rental price for two bedroom apartments is $1,785 and an average price per square feet of $1.67. There are a total of 46 two bedroom apartment listings currently available for rent in 78741.
How have rent prices in 78741, Austin, TX changed this year?
Rent prices for rentals in 78741, Austin, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.14%, one bedroom rental prices have changed by -0.22%, two bedroom rental prices have changed by -0.27%, and three bedroom rental prices have changed by -0.04% year-over-year.
What is a reasonable rent price in 78741, Austin, TX?
A reasonable rent price in 78741, Austin, TX is around $1,600/month. You can search for these reasonably priced rental listings on RentHop.
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