Property Prices in Austin, TX, United States

Index Info
Price to Income Ratio: 4.70
Mortgage as Percentage of Income: 43.50%
Loan Affordability Index: 2.30
Price to Rent Ratio - City Centre: 12.65
Price to Rent Ratio - Outside of Centre: 10.15
Gross Rental Yield (City Centre): 7.91%
Gross Rental Yield (Outside of Centre): 9.85%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,242.40 $ 1,750.00-3,200.00
Apartment (1 bedroom) Outside of Centre 1,517.34 $ 1,300.00-1,850.00
Apartment (3 bedrooms) in City Centre 4,604.54 $ 3,500.00-6,400.00
Apartment (3 bedrooms) Outside of Centre 2,658.33 $ 2,300.00-3,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 611.35 $ 320.42-899.99
Price per Square Feet to Buy Apartment Outside of Centre 308.54 $ 200.00-600.00
Salaries And Financing
Average Monthly Net Salary (After Tax) 5,266.61 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.93 6.19-8.00

These data are based on 286 entries in the past 18 months from 53 different contributors.
Last update: July 2024

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.