Average Rent in West Austin, Austin, TX

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Current Versus Historical West Austin, Austin, TX Rents

West Austin rentals average $1,999 for a 1-bedroom rental to $8,950 for a 4-bedroom rental. The median price of all currently available listings is $4,375, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $200 (9.77%) year-over-year from $2,048 to $2,248. 1-bedroom rentals prices have increased by $2,614 (159.78%) year-over-year from $1,636 to $4,250. 2-bedroom rentals prices have increased by $358 (14.21%) year-over-year from $2,515 to $2,873. 3-bedroom rentals prices have decreased by $148 (-3.23%) year-over-year from $4,598 to $4,450. 4-bedroom rentals prices have increased by $1,083 (15.66%) year-over-year from $6,917 to $8,000. 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 14.47% this month. 1-bedroom rents have gone up by 68.99% this month. 2-bedroom rents have gone up by 13.80% this month. 3-bedroom rents have gone up by 7.70% this month. 4-bedroom rents have gone down by 30.43% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.01 $4,250 $1,636 (159.78%) $1,451 (192.90%)
2 BR $2.54 $2,873 $2,515 (14.21%) $2,006 (43.20%)
3 BR $2.32 $4,450 $4,598 (-3.23%) $3,532 (25.99%)
4+ BR $3.16 $8,000 $6,917 (15.66%) $4,520 (76.99%)

Historical Rents in West Austin, Austin, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near West Austin

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

Let's compare West Austin, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 40.60% more expensive. Two bedrooms in West Austin, Austin, TX are about 42.04% more expensive. Finally, rent for three bedrooms are about 52.81% more expensive. Want more information? Check out the top 10 cities out of 13 total cities near West Austin, Austin, TX in the following chart.
City Studio 1 Bed 2 Bed All
Kyle, TX N/A $1,263 $1,450 $2,095
Manor, TX N/A N/A N/A $2,100
Cedar Park, TX N/A $1,379 $1,744 $2,195
Hutto, TX N/A N/A N/A $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 $1,335 $1,188 $1,665 $2,250
Pflugerville, TX N/A N/A $1,875 $2,275
Austin, TX $1,195 $1,414 $1,950 $2,295
Lakeway, TX N/A N/A $2,500 $3,800

Top Neighborhoods Near West Austin

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

The average rent for these 9 neighborhoods in or near West Austin, Austin, TX is currently around $2,013 per month. A total of 9 neighborhoods have a lower average rent. Out of all the neighborhoods in or near West 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 West Austin. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North University, Austin, TX $999 $1,250 $2,150 $1,298
West University, Austin, TX $1,325 $1,300 $1,950 $1,750
Hancock, Austin, TX $1,295 $1,500 $1,900 $1,800
Hyde Park, Austin, TX $999 $1,195 $1,760 $2,000
West Oak Hill, Austin, TX N/A $1,404 $2,013 $2,013
South Lamar, Austin, TX $1,175 $1,950 $2,195 $2,350
North Loop, Austin, TX $1,200 $1,368 $1,898 $2,500
Zilker, Austin, TX N/A $2,275 $2,875 $3,075
Downtown Austin, Austin, TX $1,950 $2,700 $4,100 $3,395

Top Counties Near West Austin

There are a total of 9 counties located by West Austin, Austin, TX. Some of these counties include Lockhart, TX, Cedar Creek-Red Rock, TX, and Kyle-Buda, TX. The average rent for rentals in these counties is $2,250. That's roughly around $1 per sqft. A total of 15 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 $3,295, Southwest Travis, TX is the most expensive county by West Austin, Austin, TX.

In comparison, rent for one bedroom listings in West Austin, Austin, TX is 32.47% more expensive than other counties nearby. Finally, rent for two bedrooms in West Austin, Austin, TX is 37.75% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Lockhart, TX N/A $1,250 $1,413 $1,760
Cedar Creek-Red Rock, TX N/A N/A $2,600 $2,098
Kyle-Buda, TX N/A $1,263 $1,775 $2,150
Austin, TX $1,195 $1,400 $1,950 $2,250
Northeast Travis, TX N/A $1,657 $2,000 $2,250
Cedar Park-Liberty Hill, TX N/A $1,379 $1,788 $2,250
Round Rock-Georgetown, TX $1,335 $1,200 $1,635 $2,300
Northwest Travis, TX N/A $1,350 $1,845 $2,795
Dripping Springs-Wimberley, TX N/A $1,350 $2,250 $2,985
Southwest Travis, TX N/A $1,424 $2,297 $3,295

Top Zipcodes Near West Austin

There are a total of 40 zipcodes in or near West Austin, Austin, TX. The average rent for all of these zipcodes is $2,292. A total of 39 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 $4,500 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 West 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 $1,725 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in West Austin, Austin, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
78703, Austin, TX $1,300 $1,773 $2,995 $3,150
78705, Austin, TX $1,200 $1,250 $1,950 $1,650
78701, Austin, TX $1,950 $2,698 $3,975 $3,350
78746, West Lake Hills, TX N/A $1,800 $2,050 $4,500
78751, Austin, TX $1,045 $1,200 $1,900 $2,395
78704, Austin, TX $1,175 $1,800 $2,375 $2,900
78702, Austin, TX $1,278 $1,900 $2,950 $2,998
78723, Austin, TX $700 $1,220 $1,595 $2,200
78752, Austin, TX N/A $1,375 $1,783 $2,150
78721, Austin, TX N/A $1,100 $2,500 $2,700

Frequently Asked Questions - West Austin Average Rents

What is the average rent price in West Austin, Austin, TX?
The average monthly rental price for West Austin, Austin, TX apartments for rent is approximately $4,375. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do West 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 West Austin, Austin, TX.
How much is a studio apartment in West 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 0 studio apartment listings currently available for rent in West Austin.
How much is a one bedroom apartment in West Austin, Austin, TX?
The average monthly rental price for one bedroom apartments is $1,999 and an average price per square feet of $3.01. There are a total of 5 one bedroom apartment listings currently available for rent in West Austin.
How much is a two bedroom apartment in West Austin, Austin, TX?
The average monthly rental price for two bedroom apartments is $2,873 and an average price per square feet of $2.54. There are a total of 16 two bedroom apartment listings currently available for rent in West Austin.
How have rent prices in West Austin, Austin, TX changed this year?
Rent prices for rentals in West Austin, Austin, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.10%, one bedroom rental prices have changed by 1.60%, two bedroom rental prices have changed by 0.14%, and three bedroom rental prices have changed by -0.03% year-over-year.
What is a reasonable rent price in West Austin, Austin, TX?
A reasonable rent price in West Austin, Austin, TX is around $3,500/month. You can search for these reasonably priced rental listings on RentHop.
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