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Average Rent in Downtown Austin & Rent Trends

Rent prices and market trends across 3 apartment communities in Downtown Austin, Austin TX. Updated daily.

Market Average

$2,942

/month

▼ 1.2% from last month

Lowest Available

$1,985

Communities

3

Units Listed

46

Downtown Austin vs Austin TX Average

Downtown Austin is more expensive the Austin TX average by $1,103/mo (60%). The citywide average is $1,839/mo across all neighborhoods.

Is Rent Going Up or Down in Downtown Austin?

As of April 2026, the average rent in Downtown Austin is $2,942 per month across 3 apartment communities and 46 available units. Rents have decreased $37 (1.2%) over the past month.

The most affordable option is Gables Republic Square starting at $1,985/mo. By unit type, a studio averages $2,752/mo, a 1-bedroom averages $2,699/mo, a 2-bedroom averages $4,278/mo.

Prices range from $1,985 to $5,044 per month. The most common price point is the $2,400 range, where 15 units are currently listed.

Downtown Austin Rent Price History

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Downtown Austin

Studio
$2,752
from $1,985 · 3 units
1 Bed
$2,699
from $1,985 · 36 units
2 Bed
$4,278
from $3,752 · 7 units

Rent Prices by Apartment in Downtown Austin

Property Starting at Average Units Rating
Gables Republic Square $1,985/mo $2,752/mo 6 4.7
AMLI Downtown $2,391/mo $2,790/mo 25 3.9
AMLI on 2nd $2,630/mo $3,272/mo 15 4.1

Google Search Trends for Downtown Austin Apartments

Search interest for apartments in this area over the past 12 months.

Search Interest Over Time

Frequently Asked Questions About Rent in Downtown Austin

What is the average rent in Downtown Austin?
The average rent in Downtown Austin is $2,942 per month as of April 2026, based on 46 units across 3 apartment communities.
Is rent going up or down in Downtown Austin?
Rent in Downtown Austin has decreased $37 (1.2%) over the past month. The current average is $2,942/mo.
What is the cheapest apartment in Downtown Austin?
The most affordable apartment in Downtown Austin is Gables Republic Square with units starting at $1,985/mo.
How much is a 1-bedroom apartment in Downtown Austin?
A 1-bedroom apartment in Downtown Austin averages $2,699/mo, with prices starting at $1,985/mo across 36 available units.
How many apartments are available in Downtown Austin?
There are 46 units available across 3 apartment communities in Downtown Austin.

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