Average Rent in 78747, Austin, TX

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Current Versus Historical 78747, Austin, TX Rents

78747 rentals average $1,500 for a 1-bedroom rental to $2,600 for a 4-bedroom rental. The median price of all currently available listings is $2,200, or roughly $15 per square feet.
For the apartment units and housing in September 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $278 (-23.39%) year-over-year from $1,187 to $909. 1-bedroom rentals prices have increased by $186 (14.17%) year-over-year from $1,314 to $1,500. 2-bedroom rentals prices have increased by $165 (9.36%) year-over-year from $1,760 to $1,925. 3-bedroom rentals prices have increased by $0 (0.01%) year-over-year from $2,195 to $2,195. 4-bedroom rentals prices have increased by $109 (4.44%) year-over-year from $2,458 to $2,568. 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 0.00% this month. 1-bedroom rents have gone up by 8.00% this month. 2-bedroom rents have gone up by 5.84% this month. 3-bedroom rents have gone down by 0.30% this month. 4-bedroom rents have gone up by 3.70% this month.
Beds
Price / Sqft
Sep 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $22.29 $1,500 $1,314 (14.17%) $1,208 (24.22%)
2 BR $17.20 $1,925 $1,760 (9.36%) $1,876 (2.60%)
3 BR $15.29 $2,195 $2,195 (0.01%) $2,223 (-1.25%)
4+ BR $13.28 $2,568 $2,458 (4.44%) $2,013 (27.52%)

Historical Rents in 78747, Austin, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 78747

There are a total of 20 cities nearby 78747. The average rent in 78747 is currently $1,963 per month. A total of 18 cities nearby have an average rent lower than that. Our records show that San Antonio, TX, with an average rent of $1,225, is the most affordable city nearby. In contrast, the most expensive city near 78747, Austin, TX is Lakeway, TX. Monthly rents here are on average $3,000 per month.

Let's compare 78747, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 19.60% more expensive. Two bedrooms in 78747, Austin, TX are about 17.39% more expensive. Finally, rent for three bedrooms are about 7.44% more expensive. Want more information? Check out the top 10 cities out of 20 total cities near 78747, Austin, TX in the following table.
City Studio 1 Bed 2 Bed All
Lockhart, TX N/A $830 $1,100 $1,525
San Marcos, TX $1,395 $1,125 $1,375 $1,679
Jollyville, TX N/A $950 $1,450 $1,771
Bastrop, TX N/A $1,466 $1,744 $1,800
Kyle, TX $1,198 $1,280 $1,715 $1,885
Elgin, TX N/A $1,107 $1,295 $1,950
Manor, TX N/A $1,572 $1,964 $1,975
Austin, TX $1,311 $1,545 $1,850 $2,000
Pflugerville, TX N/A $1,176 $1,600 $2,100
Lakeway, TX N/A N/A $1,895 $3,000

Top Neighborhoods Near 78747

There are a total of 29 neighborhoods in or near 78747. Some of these neighborhoods include Hyde Park, North University, and Parker Lane. We've included all of these top 29 neighborhoods in or near 78747, Austin, TX in the following table.

The average rent for these 29 neighborhoods in or near 78747, Austin, TX is currently around $1,962 per month. A total of 21 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $1,962. Interestingly, the neighborhoods' average rent is less than 78747's average rent, which is actually $2,200. Out of all the neighborhoods in or near 78747, Hyde Park has the most affordable average rent at $1,200 per month. Whereas, at $3,216 average rent per month, Downtown Austin is the most expensive neighborhood in or near 78747. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Hyde Park, Austin, TX $875 $1,100 $1,950 $1,200
North University, Austin, TX $838 $975 $1,500 $1,200
Parker Lane, Austin, TX $701 $973 $1,500 $1,395
West University, Austin, TX $995 $995 $1,600 $1,400
North Austin, Austin, TX $985 $926 $1,313 $1,500
Hancock, Austin, TX N/A $1,195 $1,900 $1,595
Sweetbriar, Austin, TX $1,514 $1,378 $1,775 $1,785
Brentwood, Austin, TX $1,399 $1,350 $2,085 $1,834
Crestview, Austin, TX $1,200 $1,597 $2,363 $1,856
Riverside, Austin, TX $1,437 $1,650 $2,121 $1,867
North Burnet, Austin, TX $1,340 $1,832 $2,504 $1,886
Garrison Park, Austin, TX N/A $885 $1,498 $1,895
North Loop, Austin, TX $1,050 $1,395 $1,900 $1,900
Windsor Park, Austin, TX $1,311 $1,626 $1,845 $1,901
South Lamar, Austin, TX $2,302 $1,670 $1,998 $1,962
Old West Austin, Austin, TX $1,617 $1,946 $2,713 $1,990
East Cesar Chavez, Austin, TX $1,560 $1,921 $2,600 $2,087
Montropolis, Austin, TX $1,200 $1,373 $1,950 $2,100
Pecan Springs Springdale, Austin, TX $1,720 $1,623 $1,623 $2,138
West Oak Hill, Austin, TX N/A $1,478 $1,840 $2,145
South River City, Austin, TX $1,300 $1,450 $2,570 $2,175
MLK, Austin, TX $1,678 $1,786 $2,454 $2,250
MLK-183, Austin, TX N/A $1,549 $2,254 $2,300
RMMA, Austin, TX $1,572 $2,010 $2,978 $2,404
Zilker, Austin, TX $1,600 $2,025 $2,800 $2,422
Govalle, Austin, TX $1,540 $1,843 $2,625 $2,456
Central East Austin, Austin, TX $1,700 $1,870 $2,898 $2,550
Bouldin Creek, Austin, TX $695 $2,229 $3,109 $2,575
Downtown Austin, Austin, TX $2,204 $2,690 $3,850 $3,216

Top Counties Near 78747

There are a total of 20 counties located by 78747, Austin, TX. Some of these counties include Lockhart, TX, San Marcos, TX, and Bastrop, TX. The average rent for rentals in these counties is $1,995. That's roughly around $15 per sqft. A total of 17 counties have a lower average rent. The county that is the most affordable is San Antonio Northeast, TX. Its average rent per month is $1,179. Vice versa, with an average rent of $2,996, Southwest Travis, TX is the most expensive county by 78747, Austin, TX.

In comparison, rent for one bedroom listings in 78747, Austin, TX is 18.67% more expensive than other counties nearby. Finally, rent for two bedrooms in 78747, Austin, TX is 17.11% 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 N/A $830 $1,200 $1,600
San Marcos, TX $1,395 $1,125 $1,413 $1,717
Bastrop, TX N/A $1,050 $1,363 $1,798
Cedar Creek-Red Rock, TX N/A $1,459 $1,595 $1,875
Kyle-Buda, TX $1,095 $1,289 $1,780 $1,990
Austin, TX $1,316 $1,554 $1,896 $1,999
Northeast Travis, TX $1,141 $1,439 $1,675 $2,135
Northwest Travis, TX $1,608 $1,205 $1,545 $2,250
Dripping Springs-Wimberley, TX N/A $1,315 $2,300 $2,900
Southwest Travis, TX N/A $1,470 $1,848 $2,996

Top Zipcodes Near 78747

There are a total of 45 zipcodes in or near 78747, Austin, TX. The average rent for all of these zipcodes is $1,945. A total of 35 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 78232, Hollywood Park, TX at $1,033 per month. In comparison, the zipcode with the most expensive average rent of $4,750 per month is 78746, West Lake Hills, TX.

Studios in these zipcodes have an average rent of $1,037. That's at least $25 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 78747, Austin, TX is $1,369 per month. Or in other words, $23 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,655 per month. Which comes out to $18 per sqft. The following table includes the top 10 zipcodes in 78747, 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 $880 $1,000 $1,550 $1,299
78704, Austin, TX $1,485 $1,751 $2,453 $2,267
78745, Austin, TX $1,199 $1,375 $1,608 $1,829
78744, Austin, TX $1,825 $1,230 $1,442 $1,850
78741, Austin, TX $1,074 $1,369 $1,864 $1,795
78701, Austin, TX $2,204 $2,679 $3,863 $3,200
78748, Austin, TX $1,170 $1,473 $1,595 $1,995
78702, Austin, TX $1,590 $1,843 $2,616 $2,358
78640, Kyle, TX $1,198 $1,256 $1,714 $1,925
78723, Austin, TX $1,484 $1,838 $2,114 $2,107

Frequently Asked Questions - 78747 Average Rents

What is the average rent price in 78747, Austin, TX?
The average monthly rental price for 78747, Austin, TX apartments for rent is approximately $2,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 78747, 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 78747, Austin, TX.
How much is a one bedroom apartment in 78747, Austin, TX?
The average monthly rental price for one bedroom apartments is $1,500 and an average price per square feet of $22.29. There are a total of 6 one bedroom apartment listings currently available for rent in 78747.
How much is a two bedroom apartment in 78747, Austin, TX?
The average monthly rental price for two bedroom apartments is $1,900 and an average price per square feet of $17.20. There are a total of 9 two bedroom apartment listings currently available for rent in 78747.
How have rent prices in 78747, Austin, TX changed this year?
Rent prices for rentals in 78747, Austin, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.23%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.09%, three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in 78747, Austin, TX?
A reasonable rent price in 78747, Austin, TX is around $1,760/month. You can search for these reasonably priced rental listings on RentHop.