Average Rent in 78745, Austin, TX

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Current Versus Historical 78745, Austin, TX Rents

78745 rentals average $1,159 for a studio rental to $3,250 for a 4-bedroom rental. The median price of all currently available listings is $1,744, or roughly $23 per square feet.
For the apartment units and housing in May 2023, median rents have risen substantially over the last year. Studio rentals prices have increased by $113 (8.30%) year-over-year from $1,357 to $1,470. 1-bedroom rentals prices have increased by $408 (27.80%) year-over-year from $1,469 to $1,877. 2-bedroom rentals prices have increased by $94 (5.51%) year-over-year from $1,697 to $1,790. 3-bedroom rentals prices have decreased by $63 (-2.51%) year-over-year from $2,491 to $2,428. 4-bedroom rentals prices have decreased by $380 (-10.47%) year-over-year from $3,630 to $3,250. 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 3.72% this month. 1-bedroom rents have gone up by 11.04% this month. 2-bedroom rents have gone up by 2.31% this month. 3-bedroom rents have gone up by 2.37% this month. 4-bedroom rents have gone up by 14.20% this month.
Beds
Price / Sqft
May 2023 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $34 $1,470 $1,357 (8.30%) $700 (110.00%)
1 BR $26 $1,877 $1,469 (27.80%) $1,045 (79.67%)
2 BR $20 $1,790 $1,697 (5.51%) $1,360 (31.62%)
3 BR $23 $2,428 $2,491 (-2.51%) $1,974 (23.02%)
4+ BR $18 $3,250 $3,630 (-10.47%) $2,517 (29.14%)

Historical Rents in 78745, Austin, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 78745

There are a total of 10 cities nearby 78745. The average rent in 78745 is currently $1,849 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that San Marcos, TX, with an average rent of $1,432, is the most affordable city nearby. In contrast, the most expensive city near 78745, Austin, TX is Kyle, TX. Monthly rents here are on average $2,095 per month.

Let's compare 78745, Austin, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 78745, Austin, TX is 10.57% more affordable than other cities nearby. One bedrooms are about 2.46% more expensive. Two bedrooms in 78745, Austin, TX are about 0.62% more expensive. Finally, rent for three bedrooms are about 17.16% more expensive. Want more information? Check out the top 10 cities near 78745, Austin, TX in the following chart.
City Studio 1 Bed 2 Bed All
San Marcos, TX $1,161 $1,122 $1,375 $1,432
Canyon Lake, TX N/A $1,350 $1,399 $1,600
Cedar Park, TX $1,273 $1,350 $1,820 $1,673
New Braunfels, TX $1,099 $1,165 $1,587 $1,795
Austin, TX $1,372 $1,485 $1,945 $1,816
Round Rock, TX $1,210 $1,393 $1,720 $1,882
Leander, TX $1,290 $1,379 $1,811 $1,903
Georgetown, TX $1,365 $1,414 $1,855 $1,929
Pflugerville, TX $2,259 $1,460 $1,950 $2,083
Kyle, TX $1,379 $1,416 $1,835 $2,095

Top Neighborhoods Near 78745

There are a total of 14 neighborhoods in or near 78745. Some of these neighborhoods include North University, Hyde Park, and Pleasant Valley. We've included all of these top 14 neighborhoods in or near 78745, Austin, TX in the following chart.

The average rent for these 14 neighborhoods in or near 78745, Austin, TX is currently around $1,778 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $1,778. Interestingly, the neighborhoods' average rent is higher than 78745's average rent, which is only $1,744. Out of all the neighborhoods in or near 78745, North University has the most affordable average rent at $1,350 per month. Whereas, at $2,882 average rent per month, Downtown Austin is the most expensive neighborhood in or near 78745. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North University, Austin, TX $1,138 $1,300 $1,800 $1,350
Hyde Park, Austin, TX $1,140 $1,261 $1,695 $1,350
Pleasant Valley, Austin, TX $1,265 $1,475 $1,695 $1,650
Montropolis, Austin, TX $1,372 $1,473 $2,117 $1,710
Riverside, Austin, TX $1,298 $1,455 $2,199 $1,720
West University, Austin, TX $1,226 $1,350 $1,800 $1,725
North Burnet, Austin, TX $1,456 $1,692 $2,367 $1,774
Brentwood, Austin, TX $1,211 $1,683 $2,295 $1,783
West Oak Hill, Austin, TX N/A $1,495 $1,763 $1,795
Hancock, Austin, TX $1,442 $1,474 $2,195 $1,899
Zilker, Austin, TX $1,546 $1,726 $2,980 $2,100
East Cesar Chavez, Austin, TX $1,664 $1,921 $2,755 $2,142
Bouldin Creek, Austin, TX $2,370 $2,284 $3,465 $2,698
Downtown Austin, Austin, TX $1,938 $2,514 $3,630 $2,882

Top Counties Near 78745

There are a total of 14 counties located by 78745, Austin, TX. Some of these counties include San Marcos, TX, Austin, TX, and Northwest Travis, TX. The average rent for rentals in these counties is $1,900. That's roughly around $19 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is San Marcos, TX. It's average rent per month is $1,431. Vice versa, with an average rent of $2,485, Southwest Travis, TX is the most expensive county by 78745, Austin, TX.

Typically, rent for studios in 78745, Austin, TX is 2.11% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 78745, Austin, TX is 2.46% more expensive than other counties nearby. Finally, rent for two bedrooms in 78745, Austin, TX is 0.60% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
San Marcos, TX $1,161 $1,137 $1,375 $1,431
Austin, TX $1,376 $1,494 $1,995 $1,828
Northwest Travis, TX $1,411 $1,375 $1,749 $1,883
Cedar Park-Liberty Hill, TX $1,290 $1,365 $1,816 $1,900
Round Rock-Georgetown, TX $1,269 $1,367 $1,777 $1,900
Northeast Travis, TX $1,184 $1,388 $1,835 $1,945
Kyle-Buda, TX $1,379 $1,390 $1,846 $2,099
Taylor, TX N/A $1,386 $1,744 $2,237
Dripping Springs-Wimberley, TX N/A $1,555 $1,993 $2,304
Southwest Travis, TX N/A $1,487 $1,820 $2,485

Top Zipcodes Near 78745

There are a total of 38 zipcodes in or near 78745, Austin, TX. The average rent for all of these zipcodes is $1,830. A total of 15 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 78753, Austin, TX at $1,445 per month. In comparison, the zipcode with the most expensive average rent of $2,882 per month is 78701, Austin, TX.

Studios in these zipcodes have an average rent of $1,229. That's at least $32 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 78745, Austin, TX is $1,400 per month. Or in other words, $25 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,814 per month. Which comes out to $21 per sqft. The following chart includes the top 10 zipcodes in 78745, 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 $1,099 $1,165 $1,587 $1,795
78704, Austin, TX $1,436 $1,723 $2,550 $2,095
78758, Austin, TX $1,400 $1,599 $2,067 $1,713
78705, Austin, TX $1,201 $1,335 $1,800 $1,724
78741, Austin, TX $1,325 $1,453 $1,848 $1,677
78701, Austin, TX $1,938 $2,514 $3,630 $2,882
78613, Cedar Park, TX $1,273 $1,349 $1,855 $1,697
78641, Leander, TX $1,290 $1,379 $1,811 $2,000
78702, Austin, TX $1,608 $1,878 $2,700 $2,254
78751, Austin, TX $1,175 $1,400 $2,064 $1,701

Frequently Asked Questions - 78745 Average Rents

What is the average rent price in 78745, Austin, TX?
The average monthly rental price for 78745, Austin, TX apartments for rent is approximately $1,744. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 78745, 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 78745, Austin, TX.
How much is a studio apartment in 78745, Austin, TX?
The average monthly rental price for studio apartments is $1,159 and an average price per square feet of $33.92. There are a total of 7 studio apartment listings currently available for rent in 78745.
How much is a one bedroom apartment in 78745, Austin, TX?
The average monthly rental price for one bedroom apartments is $1,421 and an average price per square feet of $26.30. There are a total of 51 one bedroom apartment listings currently available for rent in 78745.
How much is a two bedroom apartment in 78745, Austin, TX?
The average monthly rental price for two bedroom apartments is $1,827 and an average price per square feet of $20.38. There are a total of 66 two bedroom apartment listings currently available for rent in 78745.
How have rent prices in 78745, Austin, TX changed this year?
Rent prices for rentals in 78745, Austin, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.08%, one bedroom rental prices have changed by 0.28%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by -0.03% year-over-year.
What is a reasonable rent price in 78745, Austin, TX?
A reasonable rent price in 78745, Austin, TX is around $1,395/month. You can search for these reasonably priced rental listings on RentHop.
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