Property Prices in Austin, TX, United States

Index Info
Price to Income Ratio: 3.54
Mortgage as Percentage of Income: 31.55%
Loan Affordability Index: 3.17
Price to Rent Ratio - City Centre: 8.81
Price to Rent Ratio - Outside of Centre: 9.69
Gross Rental Yield (City Centre): 11.35%
Gross Rental Yield (Outside of Centre): 10.32%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,238.43 $ 1,695.00-3,200.00
Apartment (1 bedroom) Outside of Centre 1,406.77 $ 1,200.00-1,850.00
Apartment (3 bedrooms) in City Centre 3,860.42 $ 3,400.00-5,600.00
Apartment (3 bedrooms) Outside of Centre 2,662.60 $ 2,200.00-3,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 392.05 $ 304.81-649.99
Price per Square Feet to Buy Apartment Outside of Centre 282.64 $ 220.00-400.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,128.96 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.45 6.00-7.50

These data are based on 274 entries from 46 contributors over the past 18 months.
Last update: 18 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.