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Austin apartment towers in the Rainey Street district above Lady Bird Lake

Austin, Texas · apartments & rentals

Find a place in Austin that actually fits

For the first time in years, renters have room to breathe. A wave of new construction has softened rents off their 2022 peak and brought concessions back. Here's how to read the market, pick a neighborhood, and sign a lease you won't regret.

Rainey Street towers over Lady Bird Lake · Photo: Oleg Yunakov, CC BY-SA 4.0, via Wikimedia Commons
~$1,400typical 1-bedroom, per month
50,000+new units built 2022–2025
1–2 monthsfree rent, widely offered
Oct–Febthe softest, best deal window

Where things stand

The market finally tilted toward renters

Austin spent a decade as a landlord's town. That changed when tens of thousands of apartments came online all at once. Buildings that used to fill themselves now compete for tenants, and that competition shows up as lower asking rents, waived fees, and a free month or two dangled to get you to sign.

Rents off peak 5–10%Concessions backMore inventory every monthLeverage yours

It won't last forever, and it isn't uniform, the deals are deepest in the newest luxury buildings with empty floors to fill, and thinnest in the older, cheaper places people never leave. Knowing which is which is most of the game, and that's what this site is for.

The lay of the land

Where to live, and who it suits

Central & downtown

Downtown, Rainey Street, and the stretch along South Lamar and Zilker put you a walk or short ride from the lake trail, work, and the bars. Expect the highest rents in the city, but also the most new high-rises, which means the most aggressive move-in deals.

East & south

East Austin and South Congress carry the city's best food and music, and more character per dollar than downtown. Pockets are still reasonable; the trade-off is noise near the busy strips. This is where a lot of people want to land first.

The outer ring

Mueller and the Domain give you walkable, master-planned living a bit out from the core, and Cedar Park, Pflugerville, and Round Rock are where your dollar stretches furthest, more space, longer commute. Good ground for families and remote workers.

What your money buys

Rent, block by block

A studio runs roughly $1,000–1,300, a one-bedroom $1,200–1,600, and a two-bedroom $1,600–2,200 — but the address moves those numbers hard. The same budget that gets you a shoebox downtown gets you a real one-bedroom with a yard in Pflugerville. Decide what you're actually buying: proximity, or square footage. You rarely get both.

A block of East Sixth Street in East Austin
East Sixth Street · Photo: Larry D. Moore, CC BY 4.0, via Wikimedia Commons

The part that's free

Most of the good stuff isn't in the apartment

You'll spend less time in your unit than you think. Barton Springs holds 68° year-round, the hike-and-bike trail rings Lady Bird Lake for ten flat miles downtown, and the greenbelt and parks are open to everyone. When you weigh a place, weigh what's a walk away from it, that's rent you don't pay twice.

The hike-and-bike trail along Lady Bird Lake
Lady Bird Lake trail · Photo: MX, CC BY-SA 4.0, via Wikimedia Commons
The Domain mixed-use district in North Austin

Start the search

Make a smart move

Neighborhoods, real numbers, and the honest trade-offs, in one place, kept current. Begin with the questions most renters ask first.