Average Rent in Hancock, Austin, TX

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Current Versus Historical Hancock, Austin, TX Rents

Hancock rentals average $1,369 for a studio rental to $4,100 for a 4-bedroom rental. The median price of all currently available listings is $1,800, or roughly $2 per square feet.
For the apartment units and housing in March 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $56 (-3.96%) year-over-year from $1,401 to $1,345. 1-bedroom rentals prices have increased by $521 (27.16%) year-over-year from $1,920 to $2,441. 2-bedroom rentals prices have decreased by $345 (-15.54%) year-over-year from $2,220 to $1,875. 3-bedroom rentals prices have decreased by $66 (-2.18%) year-over-year from $3,013 to $2,948. 4-bedroom rentals prices have increased by $637 (14.95%) year-over-year from $4,258 to $4,895. 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 6.03% this month. 1-bedroom rents have gone up by 12.20% this month. 2-bedroom rents have gone down by 11.49% this month. 3-bedroom rents have gone down by 1.50% this month. 4-bedroom rents have gone up by 5.72% this month.
Beds
Price / Sqft
Mar 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.13 $1,345 $1,401 (-3.96%) $3,826 (-64.84%)
1 BR $2.33 $2,441 $1,920 (27.16%) $1,111 (119.78%)
2 BR $1.94 $1,875 $2,220 (-15.54%) $1,763 (6.34%)
3 BR $2.15 $2,948 $3,013 (-2.18%) $2,867 (2.82%)
4+ BR $2.36 $4,895 $4,258 (14.95%) $3,100 (57.90%)

Historical Rents in Hancock, Austin, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Hancock

There are a total of 13 cities nearby Hancock. The average rent in Hancock is currently $2,150 per month. Only one city nearby has 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 Hancock, Austin, TX is Lakeway, TX. Monthly rents here are on average $2,925 per month.

Let's compare Hancock, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 13.33% more expensive. Two bedrooms in Hancock, Austin, TX are about 8.33% more expensive. Finally, rent for three bedrooms are about 34.62% more expensive. Want more information? Check out the top 10 cities out of 13 total cities near Hancock, Austin, TX in the following chart.
City Studio 1 Bed 2 Bed All
Cedar Park, TX N/A $1,315 $1,625 $1,897
Kyle, TX N/A $1,300 $1,525 $1,995
Georgetown, TX $1,252 $1,255 $1,575 $2,095
Austin, TX $1,185 $1,425 $1,975 $2,150
Hutto, TX N/A N/A N/A $2,150
Jollyville, TX N/A N/A $1,595 $2,175
Pflugerville, TX N/A $1,366 $1,845 $2,200
Round Rock, TX N/A $1,293 $1,695 $2,200
Leander, TX N/A $1,300 $1,669 $2,247
Lakeway, TX N/A $1,387 $1,963 $2,925

Top Neighborhoods Near Hancock

There are a total of 10 neighborhoods in or near Hancock. Some of these neighborhoods include North University, West Oak Hill, and North Burnet. We've included all of these top 10 neighborhoods in or near Hancock, Austin, TX in the following chart.

The average rent for these 10 neighborhoods in or near Hancock, Austin, TX is currently around $1,969 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $1,969. Interestingly, the neighborhoods' average rent is higher than Hancock's average rent, which is only $1,800. Out of all the neighborhoods in or near Hancock, North University has the most affordable average rent at $1,300 per month. Whereas, at $3,100 average rent per month, Downtown Austin is the most expensive neighborhood in or near Hancock. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North University, Austin, TX $975 $1,250 $2,200 $1,300
West Oak Hill, Austin, TX N/A $1,318 $1,948 $1,699
North Burnet, Austin, TX N/A $1,625 $2,493 $1,793
West University, Austin, TX $1,325 $1,350 $2,000 $1,800
South Lamar, Austin, TX $1,175 $1,696 $1,800 $1,950
Hyde Park, Austin, TX $999 $1,200 $1,699 $1,988
Brentwood, Austin, TX $1,110 $1,712 $2,500 $2,148
North Loop, Austin, TX $1,080 $1,336 $2,040 $2,163
Zilker, Austin, TX N/A $1,715 $2,460 $2,423
Downtown Austin, Austin, TX $1,435 $2,500 $3,650 $3,100

Top Counties Near Hancock

There are a total of 10 counties located by Hancock, Austin, TX. Some of these counties include San Marcos, TX, Kyle-Buda, TX, and Austin, TX. The average rent for rentals in these counties is $2,198. That's roughly around $1 per sqft. The county that is the most affordable is New Braunfels, TX. It's average rent per month is $1,850. Vice versa, with an average rent of $3,225, Dripping Springs-Wimberley, TX is the most expensive county by Hancock, Austin, TX.

In comparison, rent for one bedroom listings in Hancock, Austin, TX is 12.43% more expensive than other counties nearby. Finally, rent for two bedrooms in Hancock, Austin, TX is 0.07% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
San Marcos, TX $1,850 $1,200 $1,500 $1,993
Kyle-Buda, TX N/A $1,200 $1,903 $2,100
Austin, TX $1,180 $1,450 $1,985 $2,150
Northeast Travis, TX N/A $1,312 $1,825 $2,195
Cedar Park-Liberty Hill, TX N/A $1,315 $1,664 $2,200
Round Rock-Georgetown, TX $1,252 $1,259 $1,650 $2,245
Taylor, TX N/A $1,889 $1,500 $2,250
Northwest Travis, TX N/A $1,316 $1,798 $2,500
Southwest Travis, TX N/A $1,323 $1,958 $3,195
Dripping Springs-Wimberley, TX N/A $1,463 $2,124 $3,225

Top Zipcodes Near Hancock

There are a total of 39 zipcodes in or near Hancock, Austin, TX. The average rent for all of these zipcodes is $2,200. A total of 3 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 $1,650 per month. In comparison, the zipcode with the most expensive average rent of $4,495 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 Hancock, Austin, TX is $1,305 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,790 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Hancock, 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 $1,313 $1,300 $1,990 $1,650
78751, Austin, TX $1,105 $1,270 $1,985 $2,075
78723, Austin, TX N/A $1,550 $1,455 $2,370
78756, Austin, TX $1,110 $1,625 $2,100 $2,050
78703, Austin, TX N/A $1,990 $2,870 $2,815
78701, Austin, TX $1,435 $2,488 $3,510 $3,075
78702, Austin, TX $1,471 $1,895 $2,818 $2,615
78752, Austin, TX N/A $1,400 $1,790 $1,695
78721, Austin, TX N/A $1,100 $2,298 $2,400
78741, Austin, TX $1,074 $1,295 $1,800 $1,895

Frequently Asked Questions - Hancock Average Rents

What is the average rent price in Hancock, Austin, TX?
The average monthly rental price for Hancock, Austin, TX apartments for rent is approximately $1,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Hancock, 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 Hancock, Austin, TX.
How much is a studio apartment in Hancock, Austin, TX?
The average monthly rental price for studio apartments is $1,369 and an average price per square feet of $3.13. There are a total of 2 studio apartment listings currently available for rent in Hancock.
How much is a one bedroom apartment in Hancock, Austin, TX?
The average monthly rental price for one bedroom apartments is $1,500 and an average price per square feet of $2.33. There are a total of 39 one bedroom apartment listings currently available for rent in Hancock.
How much is a two bedroom apartment in Hancock, Austin, TX?
The average monthly rental price for two bedroom apartments is $1,800 and an average price per square feet of $1.94. There are a total of 43 two bedroom apartment listings currently available for rent in Hancock.
How have rent prices in Hancock, Austin, TX changed this year?
Rent prices for rentals in Hancock, Austin, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.04%, one bedroom rental prices have changed by 0.27%, two bedroom rental prices have changed by -0.16%, and three bedroom rental prices have changed by -0.02% year-over-year.
What is a reasonable rent price in Hancock, Austin, TX?
A reasonable rent price in Hancock, Austin, TX is around $1,440/month. You can search for these reasonably priced rental listings on RentHop.
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