Average Rent in 78754, Austin, TX

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Current Versus Historical 78754, Austin, TX Rents

78754 rentals average $0 for a studio rental to $2,500 for a 4-bedroom rental. The median price of all currently available listings is $2,285, or roughly $1 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $1,270 (117.53%) year-over-year from $1,080 to $2,350. 1-bedroom rentals prices have increased by $376 (29.78%) year-over-year from $1,264 to $1,640. 2-bedroom rentals prices have increased by $457 (29.12%) year-over-year from $1,571 to $2,028. 3-bedroom rentals prices have increased by $126 (6.07%) year-over-year from $2,074 to $2,200. 4-bedroom rentals prices have increased by $106 (4.42%) year-over-year from $2,394 to $2,500. 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 42.48% this month. 1-bedroom rents have gone up by 11.34% this month. 2-bedroom rents have gone up by 10.34% this month. 3-bedroom rents have gone down by 0.90% this month. 4-bedroom rents have gone down by 0.13% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.87 $1,640 $1,264 (29.78%) $1,469 (11.67%)
2 BR $0.01 $2,028 $1,571 (29.12%) $1,752 (15.78%)
3 BR $1.39 $2,200 $2,074 (6.07%) $2,104 (4.58%)
4+ BR $1.07 $2,500 $2,394 (4.42%) $2,115 (18.20%)

Historical Rents in 78754, Austin, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 78754

There are a total of 14 cities nearby 78754. The average rent in 78754 is currently $2,200 per month. A total of 9 cities nearby have an average rent lower than that. Our records show that Canyon Lake, TX, with an average rent of $1,750, is the most affordable city nearby. In contrast, the most expensive city near 78754, Austin, TX is Lakeway, TX. Monthly rents here are on average $3,850 per month.

Let's compare 78754, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 29.76% more expensive. Two bedrooms in 78754, Austin, TX are about 0.83% more expensive. Finally, rent for three bedrooms are about 3.41% more expensive. Want more information? Check out the top 10 cities out of 14 total cities near 78754, Austin, TX in the following chart.
City Studio 1 Bed 2 Bed All
Cedar Park, TX N/A $1,377 $1,772 $2,150
Manor, TX N/A N/A $2,075 $2,200
Round Rock, TX N/A N/A $1,650 $2,200
Hutto, TX N/A N/A N/A $2,200
Georgetown, TX N/A $1,095 $1,825 $2,250
Austin, TX $1,200 $1,425 $1,995 $2,295
Leander, TX N/A $1,250 $1,531 $2,295
Pflugerville, TX N/A N/A $1,550 $2,300
Brushy Creek, TX N/A N/A $1,788 $2,650
Lakeway, TX N/A N/A $2,000 $3,850

Top Neighborhoods Near 78754

There are a total of 9 neighborhoods in or near 78754. Some of these neighborhoods include North University, Windsor Park, and Hyde Park. We've included all of these top 9 neighborhoods in or near 78754, Austin, TX in the following chart.

The average rent for these 9 neighborhoods in or near 78754, Austin, TX is currently around $1,698 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $1,698. Out of all the neighborhoods in or near 78754, North University has the most affordable average rent at $1,300 per month. Whereas, at $3,450 average rent per month, Downtown Austin is the most expensive neighborhood in or near 78754. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North University, Austin, TX $1,073 $1,250 $2,200 $1,300
Windsor Park, Austin, TX $700 $1,085 $1,425 $1,400
Hyde Park, Austin, TX $999 $1,195 $1,998 $1,595
Hancock, Austin, TX $1,248 $1,499 $1,900 $1,695
West University, Austin, TX $1,325 $1,300 $1,950 $1,698
West Oak Hill, Austin, TX N/A $1,429 $2,027 $2,027
South Lamar, Austin, TX $1,150 $1,950 $2,195 $2,450
North Loop, Austin, TX N/A $1,465 $1,900 $2,625
Downtown Austin, Austin, TX $2,150 $3,000 $4,975 $3,450

Top Counties Near 78754

There are a total of 9 counties located by 78754, Austin, TX. Some of these counties include Jarrell, TX, Kyle-Buda, TX, and Northeast Travis, TX. The average rent for rentals in these counties is $2,275. That's roughly around $1 per sqft. A total of 7 counties have a lower average rent. The county that is the most affordable is San Marcos, TX. It's average rent per month is $1,900. Vice versa, with an average rent of $3,350, Southwest Travis, TX is the most expensive county by 78754, Austin, TX.

In comparison, rent for one bedroom listings in 78754, Austin, TX is 3.63% more expensive than other counties nearby. Finally, rent for two bedrooms in 78754, Austin, TX is 6.57% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Jarrell, TX N/A N/A N/A $1,900
Kyle-Buda, TX N/A $1,250 $1,775 $2,150
Northeast Travis, TX N/A $1,657 $1,863 $2,250
Austin, TX $1,200 $1,400 $1,995 $2,250
Cedar Park-Liberty Hill, TX N/A $1,380 $1,800 $2,275
Taylor, TX N/A $875 $1,445 $2,295
Round Rock-Georgetown, TX $1,348 $1,300 $1,635 $2,300
Northwest Travis, TX N/A $1,295 $1,850 $2,663
Dripping Springs-Wimberley, TX N/A $2,138 $2,450 $3,225
Southwest Travis, TX N/A $1,437 $2,174 $3,350

Top Zipcodes Near 78754

There are a total of 39 zipcodes in or near 78754, Austin, TX. The average rent for all of these zipcodes is $2,275. A total of 20 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 78705, Austin, TX at $1,600 per month. In comparison, the zipcode with the most expensive average rent of $4,000 per month is 78703, Austin, TX.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 78754, Austin, TX is $1,200 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,698 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 78754, Austin, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
78130, New Braunfels, TX N/A $923 $1,550 $2,138
78613, Cedar Park, TX N/A $1,377 $1,772 $2,195
78704, Austin, TX $1,150 $1,950 $2,600 $3,025
78666, San Marcos, TX N/A $1,200 $1,500 $1,975
78758, Austin, TX N/A $1,518 $1,597 $1,747
78702, Austin, TX $1,600 $1,925 $2,950 $2,973
78741, Austin, TX N/A $1,200 $1,875 $2,225
78626, Jarrell, TX N/A $1,045 $2,250 $2,250
78701, Austin, TX $2,150 $3,000 $4,875 $3,400
78628, Round Rock-Georgetown, TX N/A N/A $1,500 $2,400

Frequently Asked Questions - 78754 Average Rents

What is the average rent price in 78754, Austin, TX?
The average monthly rental price for 78754, Austin, TX apartments for rent is approximately $2,285. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 78754, 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 78754, Austin, TX.
How much is a studio apartment in 78754, Austin, TX?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in 78754.
How much is a one bedroom apartment in 78754, Austin, TX?
The average monthly rental price for one bedroom apartments is $1,349 and an average price per square feet of $1.87. There are a total of 4 one bedroom apartment listings currently available for rent in 78754.
How much is a two bedroom apartment in 78754, Austin, TX?
The average monthly rental price for two bedroom apartments is $1,689 and an average price per square feet of $0.01. There are a total of 3 two bedroom apartment listings currently available for rent in 78754.
How have rent prices in 78754, Austin, TX changed this year?
Rent prices for rentals in 78754, Austin, TX can fluctuate yearly. Specifically, studio rental prices have changed by 1.18%, one bedroom rental prices have changed by 0.30%, two bedroom rental prices have changed by 0.29%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in 78754, Austin, TX?
A reasonable rent price in 78754, Austin, TX is around $1,828/month. You can search for these reasonably priced rental listings on RentHop.
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