Average Rent in 78748, Austin, TX

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Current Versus Historical 78748, Austin, TX Rents

78748 rentals average $1,148 for a studio rental to $2,700 for a 4-bedroom rental. The median price of all currently available listings is $2,100, or roughly $17 per square feet.
For the apartment units and housing in July 2026, median rents have fallen over the last year. Studio rentals prices have decreased by $228 (-16.74%) year-over-year from $1,360 to $1,132. 1-bedroom rentals prices have decreased by $132 (-8.51%) year-over-year from $1,546 to $1,414. 2-bedroom rentals prices have decreased by $88 (-5.06%) year-over-year from $1,738 to $1,650. 3-bedroom rentals prices have increased by $118 (5.29%) year-over-year from $2,232 to $2,350. 4-bedroom rentals prices have increased by $202 (8.07%) year-over-year from $2,498 to $2,700. 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 2.01% this month. 1-bedroom rents have gone up by 4.39% this month. 2-bedroom rents have gone up by 0.55% this month. 3-bedroom rents have gone up by 2.18% this month. 4-bedroom rents have gone up by 0.62% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $25.12 $1,132 $1,360 (-16.74%) $1,308 (-13.46%)
1 BR $22.17 $1,414 $1,546 (-8.51%) $1,328 (6.46%)
2 BR $16.22 $1,650 $1,738 (-5.06%) $1,600 (3.15%)
3 BR $17.01 $2,350 $2,232 (5.29%) $2,136 (10.00%)
4+ BR $14.37 $2,700 $2,498 (8.07%) $2,591 (4.21%)

Historical Rents in 78748, Austin, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 78748

There are a total of 18 cities nearby 78748. The average rent in 78748 is currently $1,997 per month. A total of 13 cities nearby have an average rent lower than that. Our records show that San Antonio, TX, with an average rent of $1,177, 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 $3,300 per month.

Let's compare 78748, Austin, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 78748, Austin, TX is 12.83% more expensive than other cities nearby. One bedrooms are about 10.94% more expensive. Two bedrooms in 78748, Austin, TX are about 1.86% more expensive. Finally, rent for three bedrooms are about 15.05% more expensive. Want more information? Check out the top 10 cities out of 18 total cities near 78748, Austin, TX in the following table.
City Studio 1 Bed 2 Bed All
Lockhart, TX $1,699 $968 $1,175 $1,600
San Marcos, TX $1,395 $995 $1,350 $1,713
Kyle, TX $1,198 $1,290 $1,695 $1,907
Jollyville, TX N/A N/A $1,450 $1,995
Manor, TX N/A $1,449 $1,723 $1,995
Lago Vista, TX N/A $1,250 $1,395 $2,000
Austin, TX $1,440 $1,450 $1,879 $2,000
Pflugerville, TX N/A $1,191 $1,650 $2,145
Cedar Park, TX $2,075 $1,276 $1,489 $2,250
Lakeway, TX N/A N/A $1,835 $3,300

Top Neighborhoods Near 78748

There are a total of 33 neighborhoods in or near 78748. Some of these neighborhoods include St. Johns, North University, and Parker Lane. We've included the top 30 neighborhoods out of 33 total neighborhoods in or near 78748, Austin, TX in the following table.

The average rent for these 30 neighborhoods in or near 78748, Austin, TX is currently around $1,975 per month. A total of 20 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $1,975. Interestingly, the neighborhoods' average rent is less than 78748's average rent, which is actually $2,100. Out of all the neighborhoods in or near 78748, St. Johns has the most affordable average rent at $1,233 per month. Whereas, at $3,150 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
St. Johns, Austin, TX $1,000 $1,149 $1,505 $1,233
North University, Austin, TX $1,000 $1,088 $1,650 $1,250
Parker Lane, Austin, TX $701 $975 $1,570 $1,250
Hyde Park, Austin, TX $925 $1,125 $1,450 $1,400
Westgate, Austin, TX $650 $1,149 $1,495 $1,490
North Austin, Austin, TX $985 $924 $1,373 $1,495
West University, Austin, TX $995 $1,125 $1,750 $1,500
Hancock, Austin, TX $1,450 $1,195 $1,660 $1,500
Brentwood, Austin, TX $1,414 $1,558 $2,095 $1,600
Riverside, Austin, TX $1,252 $1,545 $1,910 $1,644
North Burnet, Austin, TX $1,450 $1,774 $2,529 $1,803
Pleasant Valley, Austin, TX $1,460 $1,389 $1,999 $1,831
Sweetbriar, Austin, TX $1,514 $1,378 $1,978 $1,862
South Lamar, Austin, TX $1,350 $1,751 $1,984 $1,964
West Oak Hill, Austin, TX $1,250 $1,303 $1,600 $1,974
Windsor Park, Austin, TX $1,757 $1,661 $1,673 $1,975
Garrison Park, Austin, TX $995 $863 $1,495 $1,995
North Loop, Austin, TX $1,050 $1,372 $1,898 $2,000
Montropolis, Austin, TX $1,300 $1,370 $2,021 $2,150
Old West Austin, Austin, TX $1,824 $1,978 $2,802 $2,205
South River City, Austin, TX $1,780 $1,550 $2,573 $2,211
East Cesar Chavez, Austin, TX $1,700 $1,990 $2,671 $2,262
MLK, Austin, TX N/A $1,721 $2,531 $2,338
MLK-183, Austin, TX N/A $1,493 $1,998 $2,398
Govalle, Austin, TX $1,613 $1,844 $2,625 $2,400
Zilker, Austin, TX $1,745 $2,010 $2,850 $2,500
Central East Austin, Austin, TX N/A $2,088 $2,865 $2,500
Bouldin Creek, Austin, TX $2,376 $1,960 $3,132 $2,995
RMMA, Austin, TX $1,983 $2,000 $3,100 $3,034
Downtown Austin, Austin, TX $1,908 $2,620 $3,879 $3,150

Top Counties Near 78748

There are a total of 21 counties located by 78748, Austin, TX. Some of these counties include Lockhart, TX, San Marcos, TX, and Austin, TX. The average rent for rentals in these counties is $1,999. That's roughly around $15 per sqft. A total of 13 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 $1,050. Vice versa, with an average rent of $3,300, Southwest Travis, TX is the most expensive county by 78748, Austin, TX.

Typically, rent for studios in 78748, Austin, TX is 11.59% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 78748, Austin, TX is 13.83% more expensive than other counties nearby. Finally, rent for two bedrooms in 78748, Austin, TX is 5.72% 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 $1,175 $968 $1,200 $1,625
San Marcos, TX $1,395 $995 $1,400 $1,738
Austin, TX $1,440 $1,470 $1,900 $1,999
Kyle-Buda, TX $1,198 $1,299 $1,700 $2,000
Cedar Creek-Red Rock, TX N/A $1,463 $1,679 $2,000
Northeast Travis, TX N/A $1,360 $1,811 $2,150
Cedar Park-Liberty Hill, TX $1,576 $1,416 $1,693 $2,200
Northwest Travis, TX $1,603 $1,200 $1,576 $2,448
Dripping Springs-Wimberley, TX $1,250 $1,400 $2,300 $2,900
Southwest Travis, TX $1,249 $1,432 $1,775 $3,300

Top Zipcodes Near 78748

There are a total of 42 zipcodes in or near 78748, Austin, TX. The average rent for all of these zipcodes is $1,995. 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 78249, San Antonio, TX at $1,259 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 $1,275. That's at least $27 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 $1,308 per month. Or in other words, $23 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,702 per month. Which comes out to $19 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 $995 $1,295 $1,650 $1,750
78705, Austin, TX $1,000 $1,125 $1,698 $1,400
78704, Austin, TX $1,685 $1,600 $2,400 $2,300
78741, Austin, TX $890 $1,298 $1,866 $1,717
78701, Austin, TX $1,908 $2,620 $3,879 $3,130
78744, Austin, TX $1,825 $1,215 $1,450 $1,995
78702, Austin, TX $1,610 $1,844 $2,668 $2,409
78640, Kyle, TX $1,198 $1,211 $1,620 $1,990
78723, Austin, TX $1,917 $1,738 $2,055 $2,189
78610, Kyle-Buda, TX N/A $1,448 $2,015 $2,199

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 $2,100. 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 $1,148 and an average price per square feet of $25.12. 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 $1,392 and an average price per square feet of $22.17. There are a total of 21 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 $1,644 and an average price per square feet of $16.22. There are a total of 51 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 -0.17%, one bedroom rental prices have changed by -0.09%, two bedroom rental prices have changed by -0.05%, three bedroom rental prices have changed by 0.05% year-over-year.
What is a reasonable rent price in 78748, Austin, TX?
A reasonable rent price in 78748, Austin, TX is around $1,680/month. You can search for these reasonably priced rental listings on RentHop.
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