Average Rent in Riverside, Austin, TX

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Current Versus Historical Riverside, Austin, TX Rents

Riverside rentals average $1,074 for a studio rental to $4,900 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 April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $187 (-13.34%) year-over-year from $1,400 to $1,213. 1-bedroom rentals prices have decreased by $218 (-12.82%) year-over-year from $1,703 to $1,485. 2-bedroom rentals prices have decreased by $479 (-19.79%) year-over-year from $2,419 to $1,940. 3-bedroom rentals prices have decreased by $838 (-23.03%) year-over-year from $3,638 to $2,800. 4-bedroom rentals prices have increased by $1,383 (65.30%) year-over-year from $2,117 to $3,500. 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 1.17% this month. 1-bedroom rents have gone up by 3.07% this month. 2-bedroom rents have gone up by 7.45% this month. 3-bedroom rents have gone up by 4.22% this month. 4-bedroom rents have gone up by 40.79% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.36 $1,213 $1,400 (-13.34%) $991 (22.44%)
1 BR $2.62 $1,485 $1,703 (-12.82%) $1,374 (8.07%)
2 BR $1.62 $1,940 $2,419 (-19.79%) $1,817 (6.78%)
3 BR $1.90 $2,800 $3,638 (-23.03%) $2,372 (18.06%)
4+ BR $1.75 $3,500 $2,117 (65.30%) $4,965 (-29.51%)

Historical Rents in Riverside, Austin, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Riverside

There are a total of 12 cities nearby Riverside. The average rent in Riverside is currently $2,198 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 $1,690, is the most affordable city nearby. In contrast, the most expensive city near Riverside, Austin, TX is Lakeway, TX. Monthly rents here are on average $3,500 per month.

Let's compare Riverside, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 16.13% more affordable. Two bedrooms in Riverside, Austin, TX are about 5.36% more expensive. Finally, rent for three bedrooms are about 45.87% more expensive. Want more information? Check out the top 10 cities out of 12 total cities near Riverside, 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
Cedar Park, TX N/A $1,350 $1,831 $2,150
Hutto, TX N/A N/A N/A $2,195
Leander, TX N/A $1,350 $1,663 $2,200
Georgetown, TX $1,252 $1,250 $1,557 $2,200
Round Rock, TX N/A N/A $1,695 $2,225
Austin, TX $1,137 $1,417 $1,948 $2,250
Pflugerville, TX N/A N/A $1,595 $2,275
Lakeway, TX N/A N/A $1,850 $3,500

Top Neighborhoods Near Riverside

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

The average rent for these 9 neighborhoods in or near Riverside, Austin, TX is currently around $2,219 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $2,219. Interestingly, the neighborhoods' average rent is higher than Riverside's average rent, which is only $1,800. Out of all the neighborhoods in or near Riverside, 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 Riverside. 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 $1,875
Hyde Park, Austin, TX $1,010 $1,195 $2,000 $2,219
South Lamar, Austin, TX $1,175 $1,748 $2,100 $2,275
North Loop, Austin, TX $1,073 $1,400 $1,968 $2,495
Zilker, Austin, TX N/A $1,900 $2,950 $2,948
Downtown Austin, Austin, TX $1,750 $2,823 $3,500 $3,400

Top Counties Near Riverside

There are a total of 9 counties located by Riverside, 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 $2,250. That's roughly around $1 per sqft. The county that is the most affordable is Jarrell, TX. It's average rent per month is $1,950. Vice versa, with an average rent of $3,295, Southwest Travis, TX is the most expensive county by Riverside, Austin, TX.

In comparison, rent for one bedroom listings in Riverside, Austin, TX is 28.63% more affordable than other counties nearby. Finally, rent for two bedrooms in Riverside, Austin, TX is 2.86% more affordable 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 N/A $1,200 $1,500 $1,995
Kyle-Buda, TX N/A $1,238 $1,648 $2,150
Austin, TX $1,137 $1,400 $1,950 $2,245
Northeast Travis, TX N/A $1,657 $1,875 $2,250
Cedar Park-Liberty Hill, TX N/A $1,350 $1,800 $2,250
Taylor, TX N/A $1,889 $1,450 $2,250
Round Rock-Georgetown, TX $1,252 $1,250 $1,603 $2,275
Northwest Travis, TX N/A $1,350 $1,825 $2,695
Dripping Springs-Wimberley, TX N/A $1,500 $2,225 $2,925
Southwest Travis, TX N/A $1,434 $2,073 $3,295

Top Zipcodes Near Riverside

There are a total of 38 zipcodes in or near Riverside, Austin, TX. The average rent for all of these zipcodes is $2,250. 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 $4,700 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 Riverside, Austin, TX is $1,213 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 Riverside, Austin, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
78741, Austin, TX $1,074 $1,230 $1,763 $1,995
78702, Austin, TX $1,268 $1,920 $2,995 $2,995
78701, Austin, TX $1,750 $2,750 $3,500 $3,395
78704, Austin, TX $1,175 $1,625 $2,290 $2,875
78705, Austin, TX $1,200 $1,263 $1,950 $1,650
78703, Austin, TX N/A $1,773 $2,695 $3,000
78744, Austin, TX N/A N/A $1,623 $2,275
78745, Austin, TX $888 $1,305 $1,750 $2,000
78723, Austin, TX $700 $1,475 $1,493 $2,200
78751, Austin, TX $1,045 $1,250 $2,000 $2,395

Frequently Asked Questions - Riverside Average Rents

What is the average rent price in Riverside, Austin, TX?
The average monthly rental price for Riverside, 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 Riverside, 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 Riverside, Austin, TX.
How much is a studio apartment in Riverside, Austin, TX?
The average monthly rental price for studio apartments is $1,074 and an average price per square feet of $2.36. There are a total of 2 studio apartment listings currently available for rent in Riverside.
How much is a one bedroom apartment in Riverside, Austin, TX?
The average monthly rental price for one bedroom apartments is $1,050 and an average price per square feet of $2.62. There are a total of 8 one bedroom apartment listings currently available for rent in Riverside.
How much is a two bedroom apartment in Riverside, Austin, TX?
The average monthly rental price for two bedroom apartments is $1,750 and an average price per square feet of $1.62. There are a total of 8 two bedroom apartment listings currently available for rent in Riverside.
How have rent prices in Riverside, Austin, TX changed this year?
Rent prices for rentals in Riverside, Austin, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.13%, one bedroom rental prices have changed by -0.13%, two bedroom rental prices have changed by -0.20%, and three bedroom rental prices have changed by -0.23% year-over-year.
What is a reasonable rent price in Riverside, Austin, TX?
A reasonable rent price in Riverside, Austin, TX is around $1,440/month. You can search for these reasonably priced rental listings on RentHop.
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