Average Rent in 78759, Austin, TX

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Current Versus Historical 78759, Austin, TX Rents

78759 rentals average $1,295 for a 1-bedroom rental to $3,390 for a 4-bedroom rental. The median price of all currently available listings is $2,448, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $96 (-8.21%) year-over-year from $1,173 to $1,077. 1-bedroom rentals prices have decreased by $2 (-0.11%) year-over-year from $1,577 to $1,575. 2-bedroom rentals prices have increased by $194 (12.06%) year-over-year from $1,606 to $1,800. 3-bedroom rentals prices have increased by $375 (16.88%) year-over-year from $2,220 to $2,595. 4-bedroom rentals prices have decreased by $295 (-8.01%) year-over-year from $3,685 to $3,390. 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 11.82% this month. 1-bedroom rents have gone down by 0.21% this month. 2-bedroom rents have gone down by 0.33% this month. 3-bedroom rents have gone up by 3.52% this month. 4-bedroom rents have gone down by 3.05% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.95 $1,575 $1,577 (-0.11%) $1,445 (8.97%)
2 BR $1.66 $1,800 $1,606 (12.06%) $1,537 (17.11%)
3 BR $1.62 $2,595 $2,220 (16.88%) $1,617 (60.52%)
4+ BR $1.47 $3,390 $3,685 (-8.01%) $2,532 (33.90%)

Historical Rents in 78759, Austin, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 78759

There are a total of 13 cities nearby 78759. The average rent in 78759 is currently $2,200 per month. A total of 12 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 78759, Austin, TX is Lakeway, TX. Monthly rents here are on average $3,850 per month.

Let's compare 78759, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 15.44% more expensive. Two bedrooms in 78759, Austin, TX are about 5.83% more expensive. Finally, rent for three bedrooms are about 24.87% more expensive. Want more information? Check out the top 10 cities out of 13 total cities near 78759, Austin, TX in the following chart.
City Studio 1 Bed 2 Bed All
Kyle, TX N/A $1,263 $1,450 $2,099
Manor, TX N/A N/A $2,075 $2,100
Cedar Park, TX N/A $1,387 $1,796 $2,150
Round Rock, TX N/A N/A $1,650 $2,200
Hutto, TX N/A N/A N/A $2,200
Georgetown, TX $1,548 $1,095 $1,950 $2,292
Austin, TX $1,200 $1,425 $1,995 $2,298
Pflugerville, TX N/A N/A $1,713 $2,300
Leander, TX N/A $1,250 $1,616 $2,300
Lakeway, TX N/A N/A $2,300 $3,850

Top Neighborhoods Near 78759

There are a total of 8 neighborhoods in or near 78759. Some of these neighborhoods include North University, Hancock, and West University. We've included all of these top 8 neighborhoods in or near 78759, Austin, TX in the following chart.

The average rent for these 8 neighborhoods in or near 78759, Austin, TX is currently around $1,856 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $1,856. Out of all the neighborhoods in or near 78759, North University has the most affordable average rent at $1,350 per month. Whereas, at $3,450 average rent per month, Downtown Austin is the most expensive neighborhood in or near 78759. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North University, Austin, TX $1,095 $1,250 $2,198 $1,350
Hancock, Austin, TX $1,248 $1,499 $1,900 $1,650
West University, Austin, TX $1,325 $1,300 $1,995 $1,700
Hyde Park, Austin, TX $1,025 $1,180 $1,550 $1,700
West Oak Hill, Austin, TX N/A $1,399 $2,007 $2,012
South Lamar, Austin, TX $1,150 $1,950 $2,195 $2,300
North Loop, Austin, TX $1,135 $1,460 $1,900 $2,625
Downtown Austin, Austin, TX $2,150 $2,950 $4,875 $3,450

Top Counties Near 78759

There are a total of 8 counties located by 78759, 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 10 counties have a lower average rent. The county that is the most affordable is Jarrell, TX. It's average rent per month is $1,900. Vice versa, with an average rent of $3,300, Southwest Travis, TX is the most expensive county by 78759, Austin, TX.

In comparison, rent for one bedroom listings in 78759, Austin, TX is on par with the other counties nearby. Finally, rent for two bedrooms in 78759, Austin, TX is 0.03% more expensive 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 $1,263 $1,638 $2,150
Northeast Travis, TX N/A $1,657 $1,875 $2,250
Cedar Park-Liberty Hill, TX N/A $1,372 $1,800 $2,250
Austin, TX $1,200 $1,400 $1,995 $2,275
Taylor, TX N/A $995 $1,498 $2,295
Round Rock-Georgetown, TX N/A $1,300 $1,638 $2,300
Northwest Travis, TX N/A $1,295 $1,850 $2,725
Dripping Springs-Wimberley, TX N/A $1,113 $2,450 $3,050
Southwest Travis, TX N/A $1,429 $2,196 $3,300

Top Zipcodes Near 78759

There are a total of 39 zipcodes in or near 78759, Austin, TX. The average rent for all of these zipcodes is $2,300. A total of 30 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 78746, West Lake Hills, TX.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 78759, Austin, TX is $1,250 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,700 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 78759, 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 $908 $1,695 $2,125
78613, Cedar Park, TX N/A $1,390 $1,798 $2,195
78704, Austin, TX $1,150 $1,900 $2,350 $2,950
78666, San Marcos, TX N/A $1,200 $1,450 $1,995
78702, Austin, TX $1,600 $1,925 $2,950 $2,995
78758, Austin, TX $1,401 $1,530 $1,650 $1,780
78741, Austin, TX N/A $1,213 $1,785 $2,125
78626, Jarrell, TX N/A $1,045 $2,250 $2,250
78701, Austin, TX $2,150 $2,923 $4,725 $3,400
78628, Round Rock-Georgetown, TX N/A N/A $1,500 $2,425

Frequently Asked Questions - 78759 Average Rents

What is the average rent price in 78759, Austin, TX?
The average monthly rental price for 78759, Austin, TX apartments for rent is approximately $2,448. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 78759, 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 78759, Austin, TX.
How much is a studio apartment in 78759, 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 0 studio apartment listings currently available for rent in 78759.
How much is a one bedroom apartment in 78759, Austin, TX?
The average monthly rental price for one bedroom apartments is $1,295 and an average price per square feet of $1.95. There are a total of 9 one bedroom apartment listings currently available for rent in 78759.
How much is a two bedroom apartment in 78759, Austin, TX?
The average monthly rental price for two bedroom apartments is $1,800 and an average price per square feet of $1.66. There are a total of 25 two bedroom apartment listings currently available for rent in 78759.
How have rent prices in 78759, Austin, TX changed this year?
Rent prices for rentals in 78759, Austin, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.08%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by 0.17% year-over-year.
What is a reasonable rent price in 78759, Austin, TX?
A reasonable rent price in 78759, Austin, TX is around $1,958/month. You can search for these reasonably priced rental listings on RentHop.
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