Average Rent in Highland, Austin, TX

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Current Versus Historical Highland, Austin, TX Rents

Highland rentals average $1,308 for a 1-bedroom rental to $2,800 for a 3-bedroom rental. The median price of all currently available listings is $1,835, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have increased by $310 (25.31%) year-over-year from $1,224 to $1,534. 1-bedroom rentals prices have increased by $83 (5.49%) year-over-year from $1,511 to $1,594. 2-bedroom rentals prices have decreased by $131 (-5.92%) year-over-year from $2,213 to $2,082. 3-bedroom rentals prices have decreased by $757 (-21.28%) year-over-year from $3,557 to $2,800. 4-bedroom rentals prices have decreased by $10 (-1.30%) year-over-year from $797 to $787. 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 0.08% this month. 1-bedroom rents have gone down by 11.36% this month. 2-bedroom rents have gone up by 3.79% this month. 3-bedroom rents have gone up by 5.56% this month. 4-bedroom rents have gone down by 59.11% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.00 $1,594 $1,511 (5.49%) $1,253 (27.21%)
2 BR $1.90 $2,082 $2,213 (-5.92%) $1,724 (20.77%)
3 BR $2.07 $2,800 $3,557 (-21.28%) $2,228 (25.65%)

Historical Rents in Highland, Austin, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Highland

There are a total of 11 cities nearby Highland. The average rent in Highland is currently $2,200 per month. Our records show that San Marcos, TX, with an average rent of $1,980, is the most affordable city nearby. In contrast, the most expensive city near Highland, Austin, TX is Lakeway, TX. Monthly rents here are on average $3,300 per month.

Let's compare Highland, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 8.22% more expensive. Two bedrooms in Highland, Austin, TX are about 0.88% more expensive. Finally, rent for three bedrooms are about 23.30% more expensive. Want more information? Check out the top 10 cities out of 11 total cities near Highland, Austin, TX in the following chart.
City Studio 1 Bed 2 Bed All
San Marcos, TX N/A $1,200 $1,500 $1,980
Kyle, TX N/A $1,263 $1,425 $2,000
Cedar Park, TX N/A $1,349 $1,828 $2,150
Hutto, TX N/A N/A N/A $2,195
Georgetown, TX $1,252 $1,225 $1,575 $2,200
Austin, TX $1,142 $1,425 $1,925 $2,250
Round Rock, TX N/A N/A $1,695 $2,250
Leander, TX N/A $1,350 $1,663 $2,250
Pflugerville, TX N/A N/A $1,735 $2,298
Lakeway, TX N/A N/A $2,175 $3,300

Top Neighborhoods Near Highland

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

The average rent for these 9 neighborhoods in or near Highland, Austin, TX is currently around $2,000 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $2,000. Interestingly, the neighborhoods' average rent is higher than Highland's average rent, which is only $1,835. Out of all the neighborhoods in or near Highland, North University has the most affordable average rent at $1,273 per month. Whereas, at $3,400 average rent per month, Downtown Austin is the most expensive neighborhood in or near Highland. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North University, Austin, TX $1,062 $1,250 $2,125 $1,273
West University, Austin, TX $1,325 $1,300 $1,950 $1,750
Hancock, Austin, TX $1,275 $1,500 $1,900 $1,800
Garrison Park, Austin, TX N/A $1,125 $1,695 $1,850
Hyde Park, Austin, TX $1,010 $1,195 $2,000 $2,000
Brentwood, Austin, TX $1,300 $1,578 $2,286 $2,125
South Lamar, Austin, TX $1,175 $1,750 $2,100 $2,300
North Loop, Austin, TX $1,073 $1,400 $1,915 $2,473
Downtown Austin, Austin, TX $1,750 $2,750 $3,500 $3,400

Top Counties Near Highland

There are a total of 9 counties located by Highland, Austin, TX. Some of these counties include Jarrell, TX, Kyle-Buda, TX, and Austin, TX. The average rent for rentals in these counties is $2,250. That's roughly around $1 per sqft. The county that is the most affordable is Jarrell, TX. It's average rent per month is $1,938. Vice versa, with an average rent of $3,250, Southwest Travis, TX is the most expensive county by Highland, Austin, TX.

In comparison, rent for one bedroom listings in Highland, Austin, TX is on par with the other counties nearby. Finally, rent for two bedrooms in Highland, Austin, TX is 5.26% 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 $1,938
Kyle-Buda, TX N/A $1,200 $1,648 $2,150
Austin, TX $1,142 $1,400 $1,950 $2,235
Northeast Travis, TX N/A $1,657 $1,875 $2,250
Cedar Park-Liberty Hill, TX N/A $1,365 $1,800 $2,250
Taylor, TX N/A $1,889 $1,450 $2,255
Round Rock-Georgetown, TX $1,252 $1,250 $1,630 $2,295
Northwest Travis, TX N/A $1,248 $1,850 $2,698
Dripping Springs-Wimberley, TX N/A $1,550 $2,225 $2,995
Southwest Travis, TX N/A $1,424 $2,250 $3,250

Top Zipcodes Near Highland

There are a total of 38 zipcodes in or near Highland, Austin, TX. The average rent for all of these zipcodes is $2,268. 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 $4,650 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 Highland, Austin, TX is $1,200 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,770 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Highland, Austin, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
78752, Austin, TX N/A $1,308 $1,778 $1,873
78757, Austin, TX $1,098 $1,200 $1,673 $1,795
78751, Austin, TX $1,045 $1,225 $1,995 $2,300
78723, Austin, TX $700 $1,475 $1,493 $2,285
78705, Austin, TX $1,195 $1,285 $1,950 $1,650
78758, Austin, TX N/A $1,565 $1,795 $1,783
78703, Austin, TX N/A $1,725 $2,625 $2,900
78753, Austin, TX $885 $1,174 $1,663 $2,000
78701, Austin, TX $1,750 $2,750 $3,500 $3,400
78702, Austin, TX $1,230 $1,933 $2,995 $2,995

Frequently Asked Questions - Highland Average Rents

What is the average rent price in Highland, Austin, TX?
The average monthly rental price for Highland, Austin, TX apartments for rent is approximately $1,835. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Highland, 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 Highland, Austin, TX.
How much is a studio apartment in Highland, 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 Highland.
How much is a one bedroom apartment in Highland, Austin, TX?
The average monthly rental price for one bedroom apartments is $1,308 and an average price per square feet of $2.00. There are a total of 6 one bedroom apartment listings currently available for rent in Highland.
How much is a two bedroom apartment in Highland, Austin, TX?
The average monthly rental price for two bedroom apartments is $1,710 and an average price per square feet of $1.90. There are a total of 4 two bedroom apartment listings currently available for rent in Highland.
How have rent prices in Highland, Austin, TX changed this year?
Rent prices for rentals in Highland, Austin, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.25%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by -0.06%, and three bedroom rental prices have changed by -0.21% year-over-year.
What is a reasonable rent price in Highland, Austin, TX?
A reasonable rent price in Highland, Austin, TX is around $1,468/month. You can search for these reasonably priced rental listings on RentHop.
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