Average Rent in Northwest Austin, Austin, TX

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Current Versus Historical Northwest Austin, Austin, TX Rents

Northwest Austin rentals average $0 for a studio rental to $2,975 for a 4-bedroom rental. The median price of all currently available listings is $2,173, or roughly $1 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 increased by $394 (35.74%) year-over-year from $1,101 to $1,495. 1-bedroom rentals prices have decreased by $1 (-0.05%) year-over-year from $1,576 to $1,575. 2-bedroom rentals prices have increased by $36 (2.24%) year-over-year from $1,611 to $1,648. 3-bedroom rentals prices have increased by $148 (6.71%) year-over-year from $2,202 to $2,350. 4-bedroom rentals prices have decreased by $25 (-0.83%) year-over-year from $3,000 to $2,975. 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 0.70% this month. 1-bedroom rents have gone down by 0.05% this month. 2-bedroom rents have gone down by 0.54% this month. 3-bedroom rents have gone up by 6.83% this month. 4-bedroom rents have gone down by 0.56% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.86 $1,575 $1,576 (-0.05%) $1,438 (9.50%)
2 BR $1.48 $1,648 $1,611 (2.24%) $1,533 (7.49%)
3 BR $1.53 $2,350 $2,202 (6.71%) $1,859 (26.39%)
4+ BR $1.17 $2,975 $3,000 (-0.83%) $2,383 (24.87%)

Historical Rents in Northwest Austin, Austin, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Northwest Austin

There are a total of 13 cities nearby Northwest Austin. The average rent in Northwest Austin is currently $2,195 per month. A total of 5 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 Northwest Austin, Austin, TX is Lakeway, TX. Monthly rents here are on average $3,800 per month.

Let's compare Northwest Austin, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 2.35% more affordable. Two bedrooms in Northwest Austin, Austin, TX are about 0.92% more affordable. Finally, rent for three bedrooms are about 10.64% more expensive. Want more information? Check out the top 10 cities out of 13 total cities near Northwest Austin, Austin, TX in the following chart.
City Studio 1 Bed 2 Bed All
Kyle, TX N/A $1,250 $1,450 $2,090
Manor, TX N/A N/A N/A $2,100
Hutto, TX N/A N/A N/A $2,195
Cedar Park, TX N/A $1,374 $1,757 $2,195
Round Rock, TX N/A N/A $1,650 $2,200
Leander, TX N/A $1,300 $1,700 $2,250
Georgetown, TX $1,252 $1,250 $1,581 $2,250
Austin, TX $1,185 $1,414 $1,950 $2,275
Pflugerville, TX N/A N/A $1,875 $2,275
Lakeway, TX N/A N/A $2,500 $3,800

Top Neighborhoods Near Northwest Austin

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

The average rent for these 9 neighborhoods in or near Northwest Austin, Austin, TX is currently around $2,013 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only four neighborhoods have a higher average rent than $2,013. Out of all the neighborhoods in or near Northwest Austin, North University has the most affordable average rent at $1,298 per month. Whereas, at $3,395 average rent per month, Downtown Austin is the most expensive neighborhood in or near Northwest Austin. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North University, Austin, TX $1,030 $1,250 $2,150 $1,298
West University, Austin, TX $1,325 $1,300 $1,950 $1,750
Hyde Park, Austin, TX $999 $1,195 $1,699 $1,760
Hancock, Austin, TX $1,295 $1,499 $1,900 $1,800
West Oak Hill, Austin, TX N/A $1,414 $2,008 $2,013
South Lamar, Austin, TX $1,175 $1,900 $2,198 $2,400
North Loop, Austin, TX $1,205 $1,368 $1,900 $2,500
Zilker, Austin, TX N/A $2,100 $2,900 $3,000
Downtown Austin, Austin, TX $1,950 $2,698 $4,000 $3,395

Top Counties Near Northwest Austin

There are a total of 9 counties located by Northwest Austin, Austin, TX. Some of these counties include Jarrell, TX, Kyle-Buda, TX, and Cedar Park-Liberty Hill, TX. The average rent for rentals in these counties is $2,250. That's roughly around $1 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Lockhart, TX. It's average rent per month is $1,760. Vice versa, with an average rent of $3,298, Southwest Travis, TX is the most expensive county by Northwest Austin, Austin, TX.

In comparison, rent for one bedroom listings in Northwest Austin, Austin, TX is 16.16% more affordable than other counties nearby. Finally, rent for two bedrooms in Northwest Austin, Austin, TX is 8.93% 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 $1,950
Kyle-Buda, TX N/A $1,250 $1,775 $2,150
Cedar Park-Liberty Hill, TX N/A $1,374 $1,787 $2,250
Northeast Travis, TX N/A $1,657 $2,000 $2,250
Austin, TX $1,175 $1,400 $1,950 $2,250
Taylor, TX N/A $1,704 $1,610 $2,269
Round Rock-Georgetown, TX $1,252 $1,259 $1,625 $2,295
Marble Falls, TX N/A $1,695 $1,800 $2,350
Northwest Travis, TX N/A $1,395 $1,823 $2,795
Southwest Travis, TX N/A $1,434 $2,178 $3,298

Top Zipcodes Near Northwest Austin

There are a total of 41 zipcodes in or near Northwest Austin, Austin, TX. The average rent for all of these zipcodes is $2,299. A total of 15 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 Northwest Austin, Austin, TX is $1,220 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,750 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Northwest Austin, Austin, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
78750, Austin, TX N/A $1,350 $1,595 $2,025
78727, Austin, TX N/A N/A $1,945 $2,400
78717, Brushy Creek, TX N/A N/A $1,988 $2,500
78758, Austin, TX $1,212 $1,552 $1,650 $1,739
78613, Cedar Park, TX N/A $1,379 $1,774 $2,198
78757, Austin, TX N/A $1,298 $1,650 $1,850
78681, Brushy Creek, TX N/A N/A $1,625 $2,250
78753, Austin, TX $885 $1,174 $1,668 $1,950
78756, Austin, TX $1,300 $1,478 $2,272 $1,798
78752, Austin, TX N/A $1,375 $1,775 $2,100

Frequently Asked Questions - Northwest Austin Average Rents

What is the average rent price in Northwest Austin, Austin, TX?
The average monthly rental price for Northwest Austin, Austin, TX apartments for rent is approximately $2,173. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Northwest Austin, 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 Northwest Austin, Austin, TX.
How much is a studio apartment in Northwest Austin, 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 Northwest Austin.
How much is a one bedroom apartment in Northwest Austin, Austin, TX?
The average monthly rental price for one bedroom apartments is $1,173 and an average price per square feet of $1.86. There are a total of 2 one bedroom apartment listings currently available for rent in Northwest Austin.
How much is a two bedroom apartment in Northwest Austin, Austin, TX?
The average monthly rental price for two bedroom apartments is $1,635 and an average price per square feet of $1.48. There are a total of 46 two bedroom apartment listings currently available for rent in Northwest Austin.
How have rent prices in Northwest Austin, Austin, TX changed this year?
Rent prices for rentals in Northwest Austin, Austin, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.36%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by 0.07% year-over-year.
What is a reasonable rent price in Northwest Austin, Austin, TX?
A reasonable rent price in Northwest Austin, Austin, TX is around $1,738/month. You can search for these reasonably priced rental listings on RentHop.
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