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 $2,798 for a 4-bedroom rental. The median price of all currently available listings is $2,150, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $219 (17.19%) year-over-year from $1,276 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 decreased by $146 (-8.54%) year-over-year from $1,709 to $1,563. 3-bedroom rentals prices have increased by $16 (0.72%) year-over-year from $2,234 to $2,250. 4-bedroom rentals prices have decreased by $300 (-10.00%) year-over-year from $3,000 to $2,700. 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 11.85% this month. 1-bedroom rents have gone down by 0.05% this month. 2-bedroom rents have gone down by 3.02% this month. 3-bedroom rents have gone up by 3.86% this month. 4-bedroom rents have gone down by 4.14% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.86 $1,575 $1,576 (-0.05%) $1,367 (15.24%)
2 BR $1.47 $1,563 $1,709 (-8.54%) $1,598 (-2.19%)
3 BR $1.54 $2,250 $2,234 (0.72%) $1,883 (19.47%)
4+ BR $1.14 $2,700 $3,000 (-10.00%) $2,499 (8.04%)

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 12 cities nearby Northwest Austin. The average rent in Northwest Austin is currently $2,199 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Canyon Lake, TX, with an average rent of $1,690, 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 $3,500 per month.

Let's compare Northwest Austin, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 3.94% more affordable. Two bedrooms in Northwest Austin, Austin, TX are about 3.52% more affordable. Finally, rent for three bedrooms are about 5.67% more expensive. Want more information? Check out the top 10 cities out of 12 total cities near Northwest Austin, Austin, TX in the following chart.
City Studio 1 Bed 2 Bed All
San Marcos, TX N/A $1,200 $1,525 $1,995
Kyle, TX N/A $1,238 $1,425 $2,000
Hutto, TX N/A N/A N/A $2,195
Cedar Park, TX N/A $1,350 $1,831 $2,198
Georgetown, TX $1,252 $1,250 $1,564 $2,200
Leander, TX N/A $1,350 $1,663 $2,200
Austin, TX $1,137 $1,400 $1,948 $2,250
Round Rock, TX N/A N/A $1,695 $2,250
Pflugerville, TX N/A N/A $1,595 $2,295
Lakeway, TX N/A N/A $2,175 $3,500

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 Hancock. 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 $2,219 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $2,219. Interestingly, the neighborhoods' average rent is higher than Northwest Austin's average rent, which is only $2,150. Out of all the neighborhoods in or near Northwest Austin, 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 Northwest Austin. 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 $1,350 $1,500 $1,900 $1,800
Garrison Park, Austin, TX N/A $1,150 $1,695 $1,850
Hyde Park, Austin, TX $1,010 $1,195 $1,880 $2,219
South Lamar, Austin, TX $1,175 $1,748 $2,100 $2,250
North Loop, Austin, TX $1,073 $1,400 $1,920 $2,495
Zilker, Austin, TX N/A $1,900 $2,950 $2,998
Downtown Austin, Austin, TX $1,750 $2,823 $3,500 $3,400

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 3 counties have a lower average rent. The county that is the most affordable is Jarrell, TX. It's average rent per month is $1,950. Vice versa, with an average rent of $3,300, 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 15.14% more affordable than other counties nearby. Finally, rent for two bedrooms in Northwest Austin, Austin, TX is 12.50% 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 $1,238 $1,648 $2,163
Cedar Park-Liberty Hill, TX N/A $1,350 $1,800 $2,250
Northeast Travis, TX N/A $1,657 $1,875 $2,250
Austin, TX $1,137 $1,400 $1,950 $2,250
Taylor, TX N/A $1,764 $1,450 $2,250
Round Rock-Georgetown, TX $1,252 $1,250 $1,625 $2,295
Northwest Travis, TX N/A $1,350 $1,800 $2,695
Dripping Springs-Wimberley, TX N/A $1,500 $2,225 $2,950
Southwest Travis, TX N/A $1,434 $2,083 $3,300

Top Zipcodes Near Northwest Austin

There are a total of 38 zipcodes in or near Northwest Austin, Austin, TX. The average rent for all of these zipcodes is $2,263. A total of 12 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 $4,800 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 $1,200 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,785 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
78727, Austin, TX N/A N/A $1,895 $2,395
78717, Brushy Creek, TX N/A N/A $1,950 $2,538
78758, Austin, TX N/A $1,545 $1,785 $1,795
78613, Cedar Park, TX N/A $1,350 $1,831 $2,200
78757, Austin, TX N/A $1,260 $1,650 $1,700
78681, Brushy Creek, TX N/A N/A $1,688 $2,250
78753, Austin, TX $885 $1,174 $1,680 $2,049
78756, Austin, TX $1,300 $1,448 $2,272 $1,850
78751, Austin, TX $1,045 $1,250 $2,008 $2,473
78664, Round Rock, TX N/A N/A $1,673 $2,145

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 $2,150. 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 $1,600 and an average price per square feet of $1.47. There are a total of 39 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 0.17%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by -0.09%, and three bedroom rental prices have changed by 0.01% 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 $1,720/month. You can search for these reasonably priced rental listings on RentHop.
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