Property Prices in Austin, TX, United States

Index Info
Price to Income Ratio: 6.11
Mortgage as Percentage of Income: 52.54%
Loan Affordability Index: 1.90
Price to Rent Ratio - City Centre: 16.83
Price to Rent Ratio - Outside of Centre: 11.05
Gross Rental Yield (City Centre): 5.94%
Gross Rental Yield (Outside of Centre): 9.05%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,425.65 $ 1,600.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,632.20 $ 1,400.00-1,940.00
Apartment (3 bedrooms) in City Centre 4,622.67 $ 2,500.00-6,642.00
Apartment (3 bedrooms) Outside of Centre 2,814.09 $ 2,000.00-3,700.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 849.30 $ 600.00-1,099.99
Price per Square Feet to Buy Apartment Outside of Centre 358.71 $ 258.00-485.00
Salaries And Financing
Average Monthly Net Salary (After Tax) 5,317.15 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.99 4.00-7.10

These data are based on 340 entries in the past 18 months from 54 different contributors.
Last update: March 2023

Sources and References
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1 Comments so far
Tyson Cox on Jul 16, 2021:
I recommend you update your numbers. The US Census shows a 338k median price and a 71000 median income for Austin. This would give a price index in the high 4 range for Austin and not 3.62 listed in your numbers.