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Average Rent in South Lamar & Rent Trends

Rent prices and market trends across 26 apartment communities in South Lamar, Austin, TX. Updated daily.

Market Average

$2,627/mo

▲ +2.1% from last month

Lowest Available

$500/mo

cheapest unit on market

Communities

26

tracked daily

Units Listed

375

available now

South Lamar vs Austin, TX Average

South Lamar is more expensive the Austin, TX average by $647/mo (33%). The citywide average is $1,980/mo across all neighborhoods.

Is Rent Going Up or Down in South Lamar?

As of May 2026, the average rent in South Lamar is $2,627 per month across 26 apartment communities and 375 available units. Rents have increased $40 (2.1%) over the past month.

The most affordable option is Woods At Manchaca starting at $500/mo. By unit type, a studio averages $4,523/mo, a 1-bedroom averages $1,659/mo, a 2-bedroom averages $2,185/mo, a 3-bedroom averages $2,046/mo.

Prices range from $500 to $11,926 per month. The most common price point is the $1,600 range, where 62 units are currently listed.

South Lamar Rent Price History

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in South Lamar

Studio
$4,523
from $849 · 110 units
1 Bed
$1,659
from $500 · 172 units
2 Bed
$2,185
from $500 · 87 units
3 Bed
$2,046
from $1,419 · 6 units

Rent Prices by Apartment in South Lamar

Property Starting at Average Units Rating
Woods At Manchaca $500/mo $1,098/mo 2 4.1
The Grove Apartments $500/mo $1,248/mo 4 4
Artisan at South Lamar $849/mo $1,081/mo 15 3.5
Alma Woodward $899/mo $1,000/mo 6 4.5
Bainbridge Apartments $949/mo $1,269/mo 29 3.3
The 704 $949/mo $1,635/mo 12 4.4
South Lamar Village $992/mo $1,510/mo 6 3.8

Frequently Asked Questions About Rent in South Lamar

What is the average rent in South Lamar?
The average rent in South Lamar is $2,627 per month as of May 2026, based on 375 units across 26 apartment communities.
Is rent going up or down in South Lamar?
Rent in South Lamar has increased $40 (2.1%) over the past month. The current average is $2,627/mo.
What is the cheapest apartment in South Lamar?
The most affordable apartment in South Lamar is Woods At Manchaca with units starting at $500/mo.
How much is a 1-bedroom apartment in South Lamar?
A 1-bedroom apartment in South Lamar averages $1,659/mo, with prices starting at $500/mo across 172 available units.
How many apartments are available in South Lamar?
There are 375 units available across 26 apartment communities in South Lamar.

What salary do I need to live comfortably in South Lamar?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$105,000/year

30 percent rule -- using our average rent of $2,627/mo.

Comfortable income

$126,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($500/mo), you need to earn at least $20,000/year.

Median household income in South Lamar is $91,461 , about 27% below the comfortable-living threshold.

Cost of living in South Lamar

Overall prices in South Lamar runs below the national average by about 2% (BEA Regional Price Parity index 98.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by South Lamar's regional price parities.

Category Monthly estimate
Rent (market average) $2,627
Utilities $543
Groceries $502
Transportation $1,295
Healthcare $632
Other goods and services $1,011
Estimated total $6,610/mo

Population

967,862

Median household income

$91,461

Census median rent

$1,655/mo

Rent as % of income

29.0%

Median age

34.5

Mean commute

24 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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