The median rent for one- and two-bedroom apartments in Austin, Texas, amounted to 1,501 U.S. dollars by the end of 2023. Rents increased slightly after the start of the coronavirus pandemic, but in October 2021, rents surged by almost 28 percent. Finally, in December 2023, the rental growth rate experienced a decrease of 5.4 percent. Among the different states in the U.S., Texas ranks as one of the mid-price range rental markets.
Monthly rent for an apartment and annual rental growth in Austin, Texas, from January 2018 to December 2023
(in U.S. dollars)
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Apartment List. (February 13, 2024). Monthly rent for an apartment and annual rental growth in Austin, Texas, from January 2018 to December 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1364107/apartment-rent-and-rental-growth-austin/
Apartment List. "Monthly rent for an apartment and annual rental growth in Austin, Texas, from January 2018 to December 2023 (in U.S. dollars)." Chart. February 13, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1364107/apartment-rent-and-rental-growth-austin/
Apartment List. (2024). Monthly rent for an apartment and annual rental growth in Austin, Texas, from January 2018 to December 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1364107/apartment-rent-and-rental-growth-austin/
Apartment List. "Monthly Rent for An Apartment and Annual Rental Growth in Austin, Texas, from January 2018 to December 2023 (in U.S. Dollars)." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/1364107/apartment-rent-and-rental-growth-austin/
Apartment List, Monthly rent for an apartment and annual rental growth in Austin, Texas, from January 2018 to December 2023 (in U.S. dollars) Statista, https://www.statista.com/statistics/1364107/apartment-rent-and-rental-growth-austin/ (last visited December 21, 2024)
Monthly rent for an apartment and annual rental growth in Austin, Texas, from January 2018 to December 2023 (in U.S. dollars) [Graph], Apartment List, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/1364107/apartment-rent-and-rental-growth-austin/