Average Rent in 78754, Austin, TX

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Current Versus Historical 78754, Austin, TX Rents

78754 rentals average $1,119 for a 1-bedroom rental to $2,300 for a 4-bedroom rental. The median price of all currently available listings is $1,918, 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 $55 (-4.83%) year-over-year from $1,146 to $1,091. 1-bedroom rentals prices have decreased by $297 (-20.97%) year-over-year from $1,416 to $1,119. 2-bedroom rentals prices have decreased by $299 (-17.52%) year-over-year from $1,707 to $1,408. 3-bedroom rentals prices have decreased by $88 (-4.24%) year-over-year from $2,083 to $1,995. 4-bedroom rentals prices have increased by $79 (3.56%) year-over-year from $2,221 to $2,300. 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 7.62% this month. 2-bedroom rents have gone down by 10.90% this month. 3-bedroom rents have gone down by 1.64% this month. 4-bedroom rents have gone down by 0.33% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $18.47 $1,119 $1,416 (-20.97%) $1,572 (-28.82%)
2 BR $15.37 $1,408 $1,707 (-17.52%) $1,805 (-22.04%)
3 BR $15.21 $1,995 $2,083 (-4.24%) $2,106 (-5.26%)
4+ BR $12.33 $2,300 $2,221 (3.56%) $2,258 (1.85%)

Historical Rents in 78754, Austin, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 78754

There are a total of 21 cities nearby 78754. The average rent in 78754 is currently $1,900 per month. A total of 12 cities nearby have an average rent lower than that. Our records show that Killeen, TX, with an average rent of $1,200, 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 $2,800 per month.

Let's compare 78754, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 6.84% more affordable. Two bedrooms in 78754, Austin, TX are about 0.34% more expensive. Finally, rent for three bedrooms are about 2.26% more expensive. Want more information? Check out the top 10 cities out of 21 total cities near 78754, Austin, TX in the following table.
City Studio 1 Bed 2 Bed All
Wells Branch, TX $1,773 $1,030 $1,425 $1,525
Jollyville, TX N/A $1,195 $1,450 $1,825
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
Round Rock, TX $1,130 $1,509 $1,445 $1,995
Hutto, TX $1,225 N/A $1,675 $2,000
Pflugerville, TX N/A $1,410 $1,650 $2,100
Cedar Park, TX N/A $1,196 $1,425 $2,100
Brushy Creek, TX N/A N/A $1,970 $2,300

Top Neighborhoods Near 78754

There are a total of 30 neighborhoods in or near 78754. Some of these neighborhoods include Parker Lane, St. Johns, and Hyde Park. We've included all of these top 30 neighborhoods in or near 78754, Austin, TX in the following table.

The average rent for these 30 neighborhoods in or near 78754, Austin, TX is currently around $1,795 per month. A total of 20 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $1,795. Interestingly, the neighborhoods' average rent is less than 78754's average rent, which is actually $1,918. Out of all the neighborhoods in or near 78754, Parker Lane has the most affordable average rent at $1,259 per month. Whereas, at $3,440 average rent per month, Downtown Austin is the most expensive neighborhood in or near 78754. 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 78754

There are a total of 19 counties located by 78754, Austin, TX. Some of these counties include Jarrell, TX, Austin, TX, and Kyle-Buda, TX. The average rent for rentals in these counties is $1,933. That's roughly around $14 per sqft. A total of 9 counties have a lower average rent. The county that is the most affordable is Killeen, TX. Its average rent per month is $1,235. Vice versa, with an average rent of $2,795, Dripping Springs-Wimberley, TX is the most expensive county by 78754, Austin, TX.

In comparison, rent for one bedroom listings in 78754, Austin, TX is 24.49% more affordable than other counties nearby. Finally, rent for two bedrooms in 78754, Austin, TX is 14.43% more affordable than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Jarrell, TX N/A N/A $1,955 $1,750
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
Round Rock-Georgetown, TX $1,085 $1,497 $1,495 $2,075
Taylor, TX $1,863 $1,235 $1,413 $2,095
Cedar Park-Liberty Hill, TX $1,378 $1,523 $1,773 $2,150
Southwest Travis, TX N/A $2,087 $1,895 $2,650

Top Zipcodes Near 78754

There are a total of 44 zipcodes in or near 78754, Austin, TX. The average rent for all of these zipcodes is $1,896. A total of 26 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 78753, Austin, TX at $1,395 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 $1,061. 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 78754, Austin, TX is $1,397 per month. Or in other words, $22 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,663 per month. Which comes out to $18 per sqft. The following table 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
78705, Austin, TX $1,023 $1,100 $1,825 $1,650
78660, Pflugerville, TX N/A $1,652 $1,666 $2,100
78758, Austin, TX $1,374 $1,337 $1,530 $1,595
78723, Austin, TX $977 $1,595 $1,500 $1,800
78704, Austin, TX $1,553 $1,950 $2,398 $2,302
78701, Austin, TX $2,067 $2,537 $3,785 $3,440
78752, Austin, TX $1,075 $1,295 $1,459 $1,473
78753, Austin, TX $795 $1,138 $1,300 $1,395
78702, Austin, TX $1,564 $1,850 $2,613 $2,310
78741, Austin, TX $897 $1,400 $1,700 $1,622

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 $1,918. 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 one bedroom apartment in 78754, Austin, TX?
The average monthly rental price for one bedroom apartments is $1,119 and an average price per square feet of $18.47. There are a total of 26 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 $1,455 and an average price per square feet of $15.37. There are a total of 25 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 -0.05%, one bedroom rental prices have changed by -0.21%, two bedroom rental prices have changed by -0.18%, three bedroom rental prices have changed by -0.04% year-over-year.
What is a reasonable rent price in 78754, Austin, TX?
A reasonable rent price in 78754, Austin, TX is around $1,534/month. You can search for these reasonably priced rental listings on RentHop.