Average Rent in 78748, Austin, TX

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Current Versus Historical 78748, Austin, TX Rents

78748 rentals average $1,154 for a studio rental to $2,750 for a 4-bedroom rental. The median price of all currently available listings is $2,044, or roughly $17 per square feet.
For the apartment units and housing in June 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $407 (-29.11%) year-over-year from $1,397 to $990. 1-bedroom rentals prices have decreased by $192 (-12.10%) year-over-year from $1,587 to $1,395. 2-bedroom rentals prices have decreased by $343 (-19.12%) year-over-year from $1,793 to $1,450. 3-bedroom rentals prices have decreased by $69 (-3.00%) year-over-year from $2,293 to $2,225. 4-bedroom rentals prices have increased by $363 (14.35%) year-over-year from $2,532 to $2,895. 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 10.86% this month. 1-bedroom rents have gone up by 0.63% this month. 2-bedroom rents have gone down by 11.12% this month. 3-bedroom rents have gone down by 1.16% this month. 4-bedroom rents have gone up by 6.76% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $25.20 $990 $1,397 (-29.11%) $1,301 (-23.89%)
1 BR $23.29 $1,395 $1,587 (-12.10%) $1,497 (-6.81%)
2 BR $16.63 $1,450 $1,793 (-19.12%) $1,668 (-13.09%)
3 BR $16.87 $2,225 $2,293 (-3.00%) $2,309 (-3.65%)
4+ BR $15.47 $2,895 $2,532 (14.35%) $2,716 (6.60%)

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 $1,973 per month. A total of 12 cities nearby have an average rent lower than that. Our records show that San Antonio, TX, with an average rent of $1,089, 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 $2,987 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 27.83% more expensive than other cities nearby. One bedrooms are about 10.69% more expensive. Two bedrooms in 78748, Austin, TX are about 0.20% more affordable. Finally, rent for three bedrooms are about 13.15% 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
San Marcos, TX N/A $995 $1,398 $1,658
Lockhart, TX N/A $875 $1,200 $1,673
Jollyville, TX N/A $988 $1,395 $1,800
Kyle, TX $1,050 $1,340 $1,742 $1,900
Lago Vista, TX N/A $1,338 $1,313 $1,900
Manor, TX $914 $1,200 $1,482 $1,950
Austin, TX $1,653 $1,540 $2,000 $2,100
Pflugerville, TX $1,265 $1,648 $1,921 $2,100
Cedar Park, TX $1,534 $1,550 $1,733 $2,250
Lakeway, TX N/A N/A $1,995 $2,987

Top Neighborhoods Near 78748

There are a total of 29 neighborhoods in or near 78748. Some of these neighborhoods include Parker Lane, St. Johns, and North University. 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 $1,983 per month. A total of 15 neighborhoods have a lower average rent. Meaning, only fourteen neighborhoods have a higher average rent than $1,983. Interestingly, the neighborhoods' average rent is less than 78748's average rent, which is actually $2,044. Out of all the neighborhoods in or near 78748, Parker Lane has the most affordable average rent at $1,195 per month. Whereas, at $3,930 average rent per month, Bouldin Creek is the most expensive neighborhood in or near 78748. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Parker Lane, Austin, TX $701 $999 $1,363 $1,195
St. Johns, Austin, TX $999 $1,155 $1,500 $1,229
North University, Austin, TX $950 $1,150 $1,625 $1,250
Hyde Park, Austin, TX $899 $1,138 $1,725 $1,350
West University, Austin, TX $1,150 $1,200 $1,750 $1,450
North Austin, Austin, TX $1,156 $823 $1,325 $1,500
Riverside, Austin, TX $1,376 $1,390 $2,200 $1,645
Brentwood, Austin, TX $1,310 $1,350 $1,663 $1,650
Hancock, Austin, TX $1,700 $1,195 $1,910 $1,701
North Burnet, Austin, TX $1,491 $1,630 $2,185 $1,741
Pecan Springs Springdale, Austin, TX $1,495 $1,653 $2,173 $1,792
West Oak Hill, Austin, TX $1,600 $1,250 $1,505 $1,890
Windsor Park, Austin, TX $1,645 $1,574 $1,941 $1,941
Johnston Terrace, Austin, TX $1,366 $1,742 $2,420 $1,943
North Loop, Austin, TX $1,980 $1,255 $1,700 $1,983
South Lamar, Austin, TX $1,045 $1,759 $2,150 $2,050
East Cesar Chavez, Austin, TX $1,636 $1,944 $2,503 $2,090
Old West Austin, Austin, TX $1,847 $1,993 $2,802 $2,118
Montropolis, Austin, TX $1,300 $1,304 $1,940 $2,200
MLK-183, Austin, TX N/A $1,641 $2,250 $2,300
Rosewood, Austin, TX $1,613 $1,961 $2,500 $2,322
Govalle, Austin, TX $1,590 $1,828 $2,354 $2,343
Rosedale, Austin, TX $1,816 $2,200 $2,300 $2,450
Zilker, Austin, TX $1,790 $2,045 $2,923 $2,473
Central East Austin, Austin, TX $1,586 $2,183 $2,867 $2,550
MLK, Austin, TX $1,564 $1,883 $2,579 $2,562
RMMA, Austin, TX $1,908 $2,048 $2,915 $2,650
Downtown Austin, Austin, TX $2,010 $2,750 $3,829 $3,287
Bouldin Creek, Austin, TX $2,285 $2,800 $4,500 $3,930

Top Counties Near 78748

There are a total of 18 counties located by 78748, Austin, TX. Some of these counties include Lockhart, TX, San Marcos, TX, and Kyle-Buda, TX. The average rent for rentals in these counties is $2,073. That's roughly around $15 per sqft. A total of 8 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 $948. Vice versa, with an average rent of $3,200, Southwest Travis, TX is the most expensive county by 78748, Austin, TX.

Typically, rent for studios in 78748, Austin, TX is 40.25% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 78748, Austin, TX is 12.02% more expensive than other counties nearby. Finally, rent for two bedrooms in 78748, Austin, TX is 9.62% more affordable 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 $875 $1,200 $1,695
San Marcos, TX N/A $995 $1,398 $1,700
Kyle-Buda, TX $1,050 $1,301 $1,850 $2,000
Cedar Creek-Red Rock, TX N/A $1,459 $1,697 $2,050
Austin, TX $1,653 $1,550 $2,050 $2,095
Northeast Travis, TX $1,230 $1,496 $1,844 $2,100
Cedar Park-Liberty Hill, TX $1,501 $1,348 $1,750 $2,187
Northwest Travis, TX N/A $1,151 $1,495 $2,350
Dripping Springs-Wimberley, TX N/A $1,547 $2,200 $2,873
Southwest Travis, TX $1,600 $1,500 $1,875 $3,200

Top Zipcodes Near 78748

There are a total of 41 zipcodes in or near 78748, Austin, TX. The average rent for all of these zipcodes is $2,095. A total of 19 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 $1,166 per month. In comparison, the zipcode with the most expensive average rent of $5,100 per month is 78746, West Lake Hills, TX.

Studios in these zipcodes have an average rent of $1,200. 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 $1,343 per month. Or in other words, $22 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,737 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
78701, Austin, TX $2,010 $2,726 $3,889 $3,289
78705, Austin, TX $1,150 $1,195 $1,763 $1,450
78745, Austin, TX $1,200 $1,328 $1,625 $1,815
78704, Austin, TX $1,747 $1,750 $2,700 $2,642
78702, Austin, TX $1,615 $1,882 $2,534 $2,330
78723, Austin, TX $1,786 $1,799 $2,195 $2,112
78610, Kyle-Buda, TX N/A $1,343 $1,934 $2,166
78741, Austin, TX $741 $1,200 $1,900 $1,730
78744, Austin, TX $1,600 $1,403 $1,500 $2,095
78640, Kyle, TX $1,050 $1,246 $1,600 $1,950

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 $2,044. 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 $1,154 and an average price per square feet of $25.20. 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 $1,394 and an average price per square feet of $23.29. There are a total of 14 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 $1,525 and an average price per square feet of $16.63. 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 -0.29%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by -0.19%, three bedroom rental prices have changed by -0.03% year-over-year.
What is a reasonable rent price in 78748, Austin, TX?
A reasonable rent price in 78748, Austin, TX is around $1,635/month. You can search for these reasonably priced rental listings on RentHop.
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