Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Austin city, Texas?
City · Census ACS 5-Year estimates
The median gross rent in Austin city, Texas is $1,729/month (±$14), based on Census ACS 5-Year estimates (2024). The median home value is $555,300 (±$8,017), and the median household income is $93,658/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Austin city, Texas
| Metric | Value |
|---|---|
| Median Gross Rent | $1,729 |
| Median Home Value | $555,300 |
| Median Household Income | $93,658 |
| Total Housing Units | 456,113 |
| Renter-Occupied Units | 257,933 |
| Renter-Occupied Share | 57% |
| Households Paying 50%+ Income | 56,040 households |
How does Austin city, Texas compare?
Median gross rent ranked against all cities in Texas.
Higher rent than 87% of cities in Texas · 163th of 1214
| # | City | Value |
|---|---|---|
| 1 | The Hills village | $3,501 |
| 1 | West University Place city | $3,501 |
| 1 | Hilshire Village city | $3,501 |
| … 159 more … | ||
| 163 | Austin city(you are here) | $1,729 |
| … 1048 more … | ||
| 1212 | Loraine town | $373 |
| 1213 | Sebastian CDP | $326 |
| 1214 | Paducah town | $256 |
More data for Austin city, Texas
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Frequently asked questions
What is the average rent in Austin city, Texas?
The median gross rent in Austin city, Texas is $1,729/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Austin city, Texas?
The median rent for a 2-bedroom in Austin city, Texas is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Austin city, Texas?
The median home value in Austin city, Texas is $555,300 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Austin city are rent-burdened?
In Austin city, Texas, 56,040 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Austin city, Texas?
The median household income in Austin city, Texas is $93,658/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,729 has a margin of error of ±$14. In very small areas, MOEs can be large relative to the estimate.
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