Property Prices in Austin, TX, United States

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Index Info
Price to Income Ratio: 3.66
Mortgage as Percentage of Income: 32.66%
Loan Affordability Index: 3.06
Price to Rent Ratio - City Centre: 9.16
Price to Rent Ratio - Outside of Centre: 9.79
Gross Rental Yield (City Centre): 10.92%
Gross Rental Yield (Outside of Centre): 10.21%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,208.36 $ 1,600.00-3,200.00
Apartment (1 bedroom) Outside of Centre 1,419.19 $ 1,200.00-1,800.00
Apartment (3 bedrooms) in City Centre 3,827.08 $ 3,200.00-5,600.00
Apartment (3 bedrooms) Outside of Centre 2,662.60 $ 2,200.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 402.95 $ 304.81-649.99
Price per Square Feet to Buy Apartment Outside of Centre 287.07 $ 220.00-400.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,066.74 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.45 6.00-7.00

These data are based on 252 entries from 42 contributors over the past 18 months.
Last update: 29 May 2025

Sources and References
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2 Comments so far
Rick D. on Mar 03, 2025:
You'll be happy to make $4000 in Austin these days
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.