Average Rent in 78748, Austin, TX

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Current Versus Historical 78748, Austin, TX Rents

78748 rentals average $1,170 for a studio rental to $2,625 for a 4-bedroom rental. The median price of all currently available listings is $1,995, or roughly $17 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 $37 (-3.05%) year-over-year from $1,212 to $1,175. 1-bedroom rentals prices have increased by $147 (10.07%) year-over-year from $1,461 to $1,608. 2-bedroom rentals prices have decreased by $209 (-11.88%) year-over-year from $1,759 to $1,550. 3-bedroom rentals prices have increased by $48 (2.16%) year-over-year from $2,215 to $2,263. 4-bedroom rentals prices have increased by $142 (5.76%) year-over-year from $2,458 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 up by 0.93% this month. 1-bedroom rents have gone up by 11.89% this month. 2-bedroom rents have gone down by 2.08% this month. 3-bedroom rents have gone up by 1.06% this month. 4-bedroom rents have gone down by 1.14% this month.

Beds	Price / Sqft	Sep 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$25.60	$1,175	$1,212 (-3.05%)	$1,347 (-12.77%)
1 BR	$22.69	$1,608	$1,461 (10.07%)	$1,301 (23.57%)
2 BR	$17.54	$1,550	$1,759 (-11.88%)	$1,615 (-4.03%)
3 BR	$16.36	$2,263	$2,215 (2.16%)	$2,108 (7.35%)
4+ BR	$13.83	$2,600	$2,458 (5.76%)	$2,582 (0.71%)

Historical Rents in 78748, Austin, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 78748

There are a total of 20 cities nearby 78748. The average rent in 78748 is currently $1,963 per month. A total of 11 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 78748, Austin, TX is Lakeway, TX. Monthly rents here are on average $3,000 per month.

Let's compare 78748, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 18.13% more expensive. Two bedrooms in 78748, Austin, TX are about 1.57% more expensive. Finally, rent for three bedrooms are about 11.56% more expensive. Want more information? Check out the top 10 cities out of 20 total cities near 78748, 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
Kyle, TX	$1,198	$1,280	$1,715	$1,885
Manor, TX	N/A	$1,572	$1,964	$1,975
Austin, TX	$1,311	$1,545	$1,850	$2,000
Cedar Park, TX	N/A	$1,183	$1,434	$2,013
Lago Vista, TX	N/A	$1,325	$1,223	$2,100
Pflugerville, TX	N/A	$1,176	$1,600	$2,100
Lakeway, TX	N/A	N/A	$1,895	$3,000

Top Neighborhoods Near 78748

There are a total of 29 neighborhoods in or near 78748. Some of these neighborhoods include Hyde Park, North University, and Parker Lane. We've included all of these top 29 neighborhoods in or near 78748, Austin, TX in the following table.

The average rent for these 29 neighborhoods in or near 78748, Austin, TX is currently around $1,962 per month. A total of 16 neighborhoods have a lower average rent. Meaning, only thirteen neighborhoods have a higher average rent than $1,962. Interestingly, the neighborhoods' average rent is less than 78748's average rent, which is actually $1,995. Out of all the neighborhoods in or near 78748, 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 78748. 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 78748

There are a total of 22 counties located by 78748, Austin, TX. Some of these counties include Lockhart, TX, San Marcos, TX, and Cedar Creek-Red Rock, TX. The average rent for rentals in these counties is $1,933. That's roughly around $15 per sqft. A total of 12 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 78748, Austin, TX.

Typically, rent for studios in 78748, Austin, TX is 14.32% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 78748, Austin, TX is 20.47% more expensive than other counties nearby. Finally, rent for two bedrooms in 78748, Austin, TX is 2.16% 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
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
Cedar Park-Liberty Hill, TX	$1,275	$1,407	$1,750	$2,100
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 78748

There are a total of 45 zipcodes in or near 78748, Austin, TX. The average rent for all of these zipcodes is $1,945. A total of 25 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 $970. That's at least $24 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 78748, Austin, TX is $1,369 per month. Or in other words, $23 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,695 per month. Which comes out to $18 per sqft. The following table includes the top 10 zipcodes in 78748, Austin, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
78745, Austin, TX	$1,199	$1,375	$1,608	$1,829
78705, Austin, TX	$880	$1,000	$1,550	$1,299
78704, Austin, TX	$1,485	$1,751	$2,453	$2,267
78741, Austin, TX	$1,074	$1,369	$1,864	$1,795
78701, Austin, TX	$2,204	$2,679	$3,863	$3,200
78744, Austin, TX	$1,825	$1,230	$1,442	$1,850
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
78610, Kyle-Buda, TX	$595	$1,364	$1,961	$2,100

Frequently Asked Questions - 78748 Average Rents

What is the average rent price in 78748, Austin, TX?

The average monthly rental price for 78748, Austin, TX apartments for rent is approximately $1,995. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 78748, 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 78748, Austin, TX.

How much is a studio apartment in 78748, Austin, TX?

The average monthly rental price for studio apartments is $1,170 and an average price per square feet of $25.60. There are a total of 6 studio apartment listings currently available for rent in 78748.

How much is a one bedroom apartment in 78748, Austin, TX?

The average monthly rental price for one bedroom apartments is $1,473 and an average price per square feet of $22.69. There are a total of 22 one bedroom apartment listings currently available for rent in 78748.

How much is a two bedroom apartment in 78748, Austin, TX?

The average monthly rental price for two bedroom apartments is $1,595 and an average price per square feet of $17.54. There are a total of 60 two bedroom apartment listings currently available for rent in 78748.

How have rent prices in 78748, Austin, TX changed this year?

Rent prices for rentals in 78748, Austin, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.03%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by -0.12%, three bedroom rental prices have changed by 0.02% year-over-year.

What is a reasonable rent price in 78748, Austin, TX?

A reasonable rent price in 78748, Austin, TX is around $1,596/month. You can search for these reasonably priced rental listings on RentHop.