Average Rent in 78747, Austin, TX

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Current Versus Historical 78747, Austin, TX Rents

78747 rentals average $1,099 for a 1-bedroom rental to $2,475 for a 4-bedroom rental. The median price of all currently available listings is $2,197, or roughly $15 per square feet.

For the apartment units and housing in October 2026, median rents have fallen 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 decreased by $235 (-17.64%) year-over-year from $1,334 to $1,099. 2-bedroom rentals prices have decreased by $104 (-5.54%) year-over-year from $1,874 to $1,770. 3-bedroom rentals prices have increased by $67 (3.05%) year-over-year from $2,183 to $2,250. 4-bedroom rentals prices have decreased by $57 (-2.27%) year-over-year from $2,492 to $2,435. 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 down by 13.72% this month. 2-bedroom rents have gone down by 1.58% this month. 3-bedroom rents have gone up by 2.54% this month. 4-bedroom rents have gone down by 1.05% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$20.62	$1,099	$1,334 (-17.64%)	$1,252 (-12.19%)
2 BR	$17.54	$1,770	$1,874 (-5.54%)	$2,059 (-14.03%)
3 BR	$15.77	$2,250	$2,183 (3.05%)	$2,274 (-1.06%)
4+ BR	$12.92	$2,435	$2,492 (-2.27%)	$2,166 (12.43%)

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 $1,900 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 $1,215, 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 $2,800 per month.

Let's compare 78747, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 8.76% more affordable. Two bedrooms in 78747, Austin, TX are about 18.05% more expensive. Finally, rent for three bedrooms are about 13.79% 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	$1,345	$1,225	$1,493
Wells Branch, TX	$1,773	$1,030	$1,425	$1,525
San Marcos, TX	N/A	$1,125	$1,173	$1,650
Jollyville, TX	N/A	$1,195	$1,450	$1,825
Kyle, TX	$1,830	$1,700	$1,782	$1,850
Manor, TX	N/A	$1,804	$2,009	$1,850
Austin, TX	$1,508	$1,445	$1,775	$1,900
Elgin, TX	N/A	$857	$1,323	$1,950
Pflugerville, TX	N/A	$1,410	$1,650	$2,100
Lakeway, TX	N/A	$981	$2,000	$2,800

Top Neighborhoods Near 78747

There are a total of 33 neighborhoods in or near 78747. Some of these neighborhoods include Parker Lane, St. Johns, and Hyde Park. We've included the top 30 neighborhoods out of 33 total neighborhoods in or near 78747, Austin, TX in the following table.

The average rent for these 30 neighborhoods in or near 78747, Austin, TX is currently around $1,752 per month. A total of 28 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $1,752. Interestingly, the neighborhoods' average rent is less than 78747's average rent, which is actually $2,197. Out of all the neighborhoods in or near 78747, Babcock North has the most affordable average rent at $1,249 per month. Whereas, at $3,440 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
Parker Lane, Austin, TX	$865	$1,065	$1,443	$1,259
St. Johns, Austin, TX	$819	$950	$1,250	$1,398
Hyde Park, Austin, TX	$925	$995	$1,613	$1,400
Highland, Austin, TX	$1,168	$1,318	$1,637	$1,455
Pleasant Valley, Austin, TX	N/A	$975	$1,881	$1,495
North Austin, Austin, TX	$985	$899	$1,300	$1,498
Garrison Park, Austin, TX	$1,035	$899	$1,425	$1,550
Windsor Park, Austin, TX	$899	$1,094	$1,372	$1,571
North University, Austin, TX	$788	$992	$1,850	$1,600
East Oak Hill, Austin, TX	$1,210	$1,280	$1,629	$1,639
West University, Austin, TX	$1,148	$975	$1,800	$1,650
Brentwood, Austin, TX	$1,271	$1,200	$1,825	$1,679
Riverside, Austin, TX	$1,450	$1,611	$1,873	$1,695
Crestview, Austin, TX	$1,260	$1,650	$1,875	$1,752
Hancock, Austin, TX	$1,372	$1,195	$1,895	$1,794
South River City, Austin, TX	$1,553	$1,395	$2,000	$1,795
North Burnet, Austin, TX	$1,408	$1,508	$2,280	$1,838
West Oak Hill, Austin, TX	N/A	$1,316	$1,695	$1,849
RMMA, Austin, TX	$977	$1,690	$1,900	$1,864
Sweetbriar, Austin, TX	$1,514	$1,564	$2,073	$1,911
North Loop, Austin, TX	$1,074	$1,260	$2,087	$1,923
Montropolis, Austin, TX	$1,099	$1,750	$1,950	$1,950
South Lamar, Austin, TX	$1,149	$1,700	$1,998	$1,964
East Cesar Chavez, Austin, TX	$1,585	$1,847	$2,645	$2,025
Old West Austin, Austin, TX	$1,681	$1,921	$2,600	$2,151
MLK-183, Austin, TX	$1,396	$1,504	$2,300	$2,200
MLK, Austin, TX	$1,965	$2,320	$2,499	$2,450
Central East Austin, Austin, TX	$1,425	$1,819	$2,682	$2,500
Zilker, Austin, TX	$1,808	$2,648	$2,800	$2,759
Downtown Austin, Austin, TX	$2,067	$2,552	$3,785	$3,440

Top Counties Near 78747

There are a total of 21 counties located by 78747, Austin, TX. Some of these counties include Lockhart, TX, Bastrop, TX, and San Marcos, TX. The average rent for rentals in these counties is $1,900. That's roughly around $14 per sqft. A total of 19 counties have a lower average rent. The county that is the most affordable is San Antonio Central, San Antonio, TX. Its average rent per month is $1,128. Vice versa, with an average rent of $2,795, Dripping Springs-Wimberley, TX is the most expensive county by 78747, Austin, TX.

In comparison, rent for one bedroom listings in 78747, Austin, TX is 22.38% more affordable than other counties nearby. Finally, rent for two bedrooms in 78747, Austin, TX is 7.80% 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	$1,345	$1,200	$1,549
Bastrop, TX	N/A	$1,100	$1,398	$1,700
San Marcos, TX	N/A	$1,393	$1,750	$1,704
Austin, TX	$1,522	$1,448	$1,795	$1,900
Kyle-Buda, TX	$1,565	$1,700	$1,846	$1,933
Northwest Travis, TX	$1,563	$1,249	$1,536	$1,935
Cedar Creek-Red Rock, TX	$1,000	$1,463	$1,688	$1,975
Northeast Travis, TX	$1,119	$1,745	$1,665	$2,056
Southwest Travis, TX	N/A	$2,087	$1,895	$2,650
Dripping Springs-Wimberley, TX	$1,450	$1,265	$1,800	$2,795

Top Zipcodes Near 78747

There are a total of 48 zipcodes in or near 78747, Austin, TX. The average rent for all of these zipcodes is $1,870. A total of 37 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 $1,025 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 $1,021. That's at least $26 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 $1,368 per month. Or in other words, $22 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,581 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	$1,023	$1,100	$1,825	$1,650
78704, Austin, TX	$1,553	$1,950	$2,398	$2,302
78745, Austin, TX	$1,199	$1,343	$1,595	$1,800
78744, Austin, TX	$1,129	$1,249	$1,419	$1,650
78741, Austin, TX	$897	$1,400	$1,700	$1,622
78701, Austin, TX	$2,067	$2,537	$3,785	$3,440
78748, Austin, TX	$1,047	$1,418	$1,565	$1,895
78702, Austin, TX	$1,564	$1,850	$2,613	$2,310
78640, Kyle, TX	$1,830	$1,700	$1,799	$1,885
78723, Austin, TX	$977	$1,595	$1,500	$1,800

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 $2,197. 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 $1,099 and an average price per square feet of $20.62. There are a total of 11 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 $1,770 and an average price per square feet of $17.54. There are a total of 14 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 -0.18%, two bedroom rental prices have changed by -0.06%, three bedroom rental prices have changed by 0.03% year-over-year.

What is a reasonable rent price in 78747, Austin, TX?

A reasonable rent price in 78747, Austin, TX is around $1,758/month. You can search for these reasonably priced rental listings on RentHop.