What's The Average Rent in Austin Neighborhoods?
Posted by Brad Pauly on Thursday, September 27th, 2018 at 3:10pm.
The city of Austin has a lot going for it these days. It has an undeniable presence in the technology and business sector, a fiercely defended cultural identity, and of course, more live music than any one person could see in a single lifetime. But what’s the true cost of living in such a unique boomtown? If you’re looking to call one of the city’s signature neighborhoods home, what should you expect to pay per month? To help you out, we’ve put together a guide to the average rent in Austin neighborhoods.
Allandale
Average Monthly Rent: $1,150
Minimum: $795
Maximum: $4,500
Nestled between Mopac and Burnet Road, Allandale residents are never far from parks, schools, shops, or entertainment destinations.
Bouldin Creek
Average Monthly Rent: $2,170
Minimum: $1,070
Maximum: $8,200
From Auditorium Shores to Oltorf Street, the Bouldin area offers a fantastic blend of downtown energy and South Austin style.
Downtown
Average Monthly Rent: $2,700
Minimum: $499
Maximum: $21,400
Luxury apartment options continue to pop up among the pulsing center of Austin, packed with nightlife and dining destinations.
Holly
Average Monthly Rent: $1,900
Minimum: $875
Maximum: $5,800
Vibrant Hispanic culture thrives all along East Cesar Chavez, as new businesses and residences continue to pop up every day.
Hyde Park
Average Monthly Rent: $1,400
Minimum: $625
Maximum: $5,200
Hyde Park is one of Austin’s older neighborhoods, perfect for people looking to get away from the speed of the city and keep it simple.
East Riverside
Average Monthly Rent: $1,250
Minimum: $699
Maximum: $12,300
Sweeping redevelopments are helping East Riverside turn into a destination for dining, live music, and all things related to Lady Bird Lake.
Mueller
Average Monthly Rent: $1,875
Minimum: $700
Maximum: $15,600
Formerly airport territory, Mueller has undergone an impressive transformation into an ultra-modern community perfect for families.
North Loop
Average Monthly Rent: $1,480
Minimum: $695
Maximum: $5,400
North Loop is known for a vintage, throwback style that both longtime residents and UT students have come to love.
South Lamar
Average Monthly Rent: $1,550
Minimum: $699
Maximum: $4,000
Running down Lamar Boulevard from Oltorf Street to Ben White Boulevard, this neighborhood shows no sign of slowing down, continually adding trendy residences and destinations for cuisine.
Tarrytown
Average Monthly Rent: $2,370
Minimum: $1,000
Maximum: $6,900
Winding its way right up to the water’s edge, Tarrytown is an affluent area west of Mopac known for plentiful greenery and lavish homes.
Travis Heights
Average Monthly Rent: $1,400
Minimum: $1,000
Maximum: $4,600
Another of Austin’s oldest neighborhoods, Travis Heights has begun to blend tradition with South Austin’s trademark bohemian flair.
West Lake Hills
Average Monthly Rent: $1,520
Minimum: $1,150
Maximum: $6,500
With its many beautiful outdoor spaces, West Lake Hills is perfect for those who want to feel like they’re a world away from the hustle and bustle of the city.
Zilker
Average Monthly Rent: $1,600
Minimum: $900
Maximum: $11,000
The famous namesake park is the main attraction, of course, but the Zilker neighborhood also boasts top-quality schools and an eclectic assortment of dining options.
Beyond the average rent in Austin neighborhoods, there are many things to consider when looking for your new place. That’s why Pauly Presley Realty is proud to help the Austin area with real estate matters of all kinds! Whether you’re buying, selling, leasing, or just asking questions, we can help. Get in touch with Pauly Presley today and discover why we stand out from other Austin real estate companies.