What Is the Common Hire in Austin, TX?

As of November 2022, the typical condo hire in Austin, TX is $1,878 for a studio, $1,852 for one bed room, $2,103 for 2 bedrooms, and $2,367 for 3 bedrooms. House hire in Austin has elevated by 21.4% prior to now 12 months. 

Austin combines a ardour for meals, dwell music, entrepreneurship, and Texas traditions in a single metropolis that folks can’t get sufficient of. Residents take pleasure in well-liked music festivals equivalent to Austin Metropolis Limits and South by Southwest. Wherever you’re in Austin, you’ll be inside driving distance of signature sights equivalent to Barton Springs, Woman Chicken Zone, Bullock Texas State Historical past Museum, and Blanton Museum of Artwork. Despite the fact that the state capitol is deep within the coronary heart of Texas, Austin usually has extra in widespread with smaller cities than different massive Lone Star State cities equivalent to Dallas. Renters can select between a broad vary of residences, condos, townhomes, and homes in various neighborhoods, making certain one thing for everybody in Austin! 

Downtown Austin 

Downtown Austin is the town’s core enterprise, historic, and leisure district. Downtown comprises the notorious Sixth Avenue, West Sixth Avenue, Purple River Cultural District, Warehouse District, and Second Avenue. You’ll discover all kinds of leases Downtown, together with loads of luxurious residences in high-rise buildings. Residents take pleasure in walkable and bikeable entry to varied various facilities equivalent to museums, galleries, bars, eating places, and music venues. Downtown can also be handy for every kind of out of doors recreation on Woman Chicken Lake. 

North Loop 

Positioned three miles north of the College of Texas campus and 5 miles north of the town middle, the North Loop merges outdated Austin with its new, hip identification. Renters have quite a lot of choices between historic Austin properties and newer condo developments, bringing new residents to the neighborhood. All through the neighborhood, you’ll discover classic shops together with eating places and occasional retailers on Airport Boulevard. With easy accessibility to Lamar Boulevard and I-35, you’ll be in Downtown Austin very quickly.

Mueller 

Right here in Mueller, residents take pleasure in an unlimited parks system full of locations like Mueller Lake Park, which is a sprawling 30-acre inexperienced house with paved trails, a shocking lake, and an amphitheater. Southwest Greenway is one other park residents take pleasure in for its huge array of wildflowers and an enormous sculpture. This neighborhood is ideal for commuters attributable to its shut proximity to Interstate 35. Lastly, locals benefit from the Mueller Retail Heart for its plethora of eating places. 

East Austin 

East Austin is a big neighborhood containing a number of smaller neighborhoods. The massive Boggy Creek Greenbelt sits within the middle of East Austin and gives a mountaineering path, a splash pad, and the Delores Duffie Recreation Heart. East Austin has gained a fame as a foodie vacation spot. From meals vans to espresso homes to elegant eating places just like the Blue Dahlia Bistro, there’s one thing for everybody in East Austin. 

 East Cesar Chavez 

East Cesar Chavez is certainly one of Austin’s oldest neighborhoods, and its historical past is clear within the Victorian structure that dominates the realm. All through this fashionable neighborhood, you’ll discover yoga studios, bars, vintage shops, and taco stands. Vivid murals add much more shade to this already various neighborhood. Should you select to maneuver to East Cesar Chavez, you’ll take pleasure in a few of Austin’s hottest eating places, together with Kuneho and Through 313, in addition to terrific nightclubs just like the White Horse and Whisler’s. 

Old West Austin 

Discovered two miles northwest of Downtown Austin, Outdated West Austin is a predominantly residential neighborhood with a various number of historic properties. Apart from historic properties, residents have the selection between residences, condos, and townhomes. Outdated West Austin additionally gives loads of nice alternatives for out of doors recreation at its many neighborhood parks, such because the Peace District Park, with scenic trails, athletic courts, and ample inexperienced house. Within the northern portion of the neighborhood, you’ll discover quite a lot of eating places, retailers, and cafes alongside thirty fifth road. Outdated West Austin residents take pleasure in quick commute occasions as a result of proximity to Downtown Austin and the College of Texas at Austin. 

If the Reside Music Capital of the World is asking to you, discover your apartment in Austin and begin having fun with this terrific metropolis. If you would like extra details about the price of dwelling, try our rent affordability calculator.

House hire knowledge is supplied by CoStar Group’s November 2022 Austin Market Report.