Rent Trends for Apartments in Downtown Austin
May 2026
| Bedroom count | Downtown Austin | vs Last Month |
|---|---|---|
| Studio | $1,697 |  down 11.48% |
| 1 Bedroom | $2,365 | down 10.25% |
| 2 Bedroom | $3,454 | down 7.89% |
| 3 Bedroom | $6,178 | down 22.28% |
Median rent as of May 17, 2026
This May, we've analyzed our 427 listings in Downtown Austin to determine the rent trend. We're updating our tables in real time to give you the most up to date Downtown Austin median apartment rent prices by bedroom count.
The median rent for a studio apartment decreased by 13.02% to $1,697, while the median rent for a 1 bedroom apartment decreased by 10.25% to $2,365.
Neighborhoods Near Downtown Austin
Find Your Dream Apartment for Rent in Downtown Austin
PadMapper has 427 condos, houses, and apartments for rent in Downtown Austin.
We have options to filter by price, bedroom count, bathroom count, long-term or short-term, housing type, pet friendly, no broker fee, and you can search for an apartment by custom keywords.
Rent
Length
Bedrooms
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298 Results
Must-see$2,189–$3,249
3–4 Bedrooms Apartments · Leander, TX
Must-see$655–$1,923
Studio–4 Bedrooms Apartments · MLK, Austin
Must-see$699–$1,114
Studio Apartments · St. Johns, Austin
$2,372–$4,480
1–2 Bedrooms Apartments · Downtown Austin, Austin
$1,372–$4,313
Studio–2 Bedrooms Apartments · Downtown Austin, Austin
$1,600–$1,775
2 Bedrooms Apartments · Downtown Austin, Austin
$1,125–$1,495
1–2 Bedrooms Apartments · Downtown Austin, Austin
Luxury
$1,479–$3,149
Studio–2 Bedrooms Apartments · Downtown Austin, Austin
$2,360
1 Bedroom · 1 Bathroom Apartment · Downtown Austin, Austin
5+ Days Ago
$2,599
2 Bedrooms · 2 Bathrooms Apartment · Downtown Austin, Austin
5+ Days Ago
$2,335
2 Bedrooms · 2 Bathrooms Apartment · Downtown Austin, Austin
5+ Days Ago
$2,325
2 Bedrooms · 2 Bathrooms Apartment · Downtown Austin, Austin
5+ Days Ago
$2,225
1 Bedroom · 1 Bathroom Apartment · Downtown Austin, Austin
5+ Days Ago
$2,599
2 Bedrooms · 2 Bathrooms Apartment · Downtown Austin, Austin
5+ Days Ago
$1,452
1 Bedroom · 1 Bathroom Apartment · Downtown Austin, Austin
5+ Days Ago
$2,055
1 Bedroom · 1 Bathroom Apartment · Downtown Austin, Austin
5+ Days Ago
$2,699
2 Bedrooms · 2 Bathrooms Apartment · Downtown Austin, Austin
5+ Days Ago
$2,462
2 Bedrooms · 2 Bathrooms Apartment · Downtown Austin, Austin
5+ Days Ago
$1,722
1 Bedroom · 1 Bathroom Apartment · Downtown Austin, Austin
5+ Days Ago
$1,765
1 Bedroom · 1 Bathroom Apartment · Downtown Austin, Austin
5+ Days Ago
$1,585
1 Bedroom · 1 Bathroom Apartment · Downtown Austin, Austin
5+ Days Ago
$2,554
2 Bedrooms · 2 Bathrooms Apartment · Downtown Austin, Austin
5+ Days Ago
$3,093
2 Bedrooms · 2 Bathrooms Apartment · Downtown Austin, Austin
5+ Days Ago