Austin market rental trends report

Over the past 3–6 months, average rent prices in Austin have remained relatively stable, showing only a slight decline of around 1–2% compared to early 2025. After several years of rapid rent growth, the market appears to be leveling off as supply and demand begin to rebalance. This shift is largely driven by a wave of new multifamily developments coming online across Central and South Austin, paired with slower in-migration and a cooling job market in the tech sector. Increased inventory has given renters more options, pressuring landlords to offer concessions or modest price reductions to stay competitive. As of Q3 2025, the median rent across Austin is approximately $1,475.

Georgetown

Over the past 3–6 months, rental prices in Georgetown have risen modestly by an estimated 2–4%, continuing a steady upward trend seen since early 2025. This increase has been fueled by strong population growth, limited new apartment supply, and heightened demand from renters relocating from nearby Austin, where prices remain considerably higher. In addition, higher construction and maintenance costs have contributed to gradual rent adjustments across most property types. As of Q3 2025, the median rent in Georgetown stands at approximately $1,260 per month, with one-bedroom units averaging around that mark.

Round Rock

Over the past 3-6 months, rent prices in Round Rock have generally softened, with modest month-to-month gains shifting toward flat to slight declines in many segments. This moderation is largely driven by increased supply—new apartment construction and more vacant units—and cooling demand as renters push farther out or pause moves amid economic uncertainty. Today, the median rent across Round Rock is approximately $1,345/month

Apartment listings

Below are some recent listing examples.

The Blockyard

• Studio/1 Bath
• 400 sq. ft.
• Rent: $1,171

DK Riata

• 1 Bed/1 Bath
• 765 sq. ft. 
• Rent: $1,329

Lenox Grand

• 2 Beds/2 Baths
• 974 sq. ft. 
• Rent: $1,659

Marquis at Treetops

• 3 Beds/2 Baths
• 1,628 sq. ft.
• Rent: $2,462

(Data sourced from Apartments.com)