Property Prices in Austin, TX, United States

Index Info
Price to Income Ratio: 5.31
Mortgage as Percentage of Income: 48.27%
Loan Affordability Index: 2.07
Price to Rent Ratio - City Centre: 16.48
Price to Rent Ratio - Outside of Centre: 10.54
Gross Rental Yield (City Centre): 6.07%
Gross Rental Yield (Outside of Centre): 9.49%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre $1,969.50 1,400.00-2,900.00
1 Bedroom Apartment Outside of City Centre $1,387.67 1,000.00-1,900.00
3 Bedroom Apartment in City Centre $3,744.12 2,500.00-5,300.00
3 Bedroom Apartment Outside of City Centre $2,574.71 2,000.00-3,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre $674.38 500.00-712.56
Price per Square Feet to Buy Apartment Outside of Centre $300.63 253.99-400.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) $4,939.64
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.70 6.00-7.60

These data are based on 199 entries from 35 contributors over the past 18 months.
Last update: 12 May 2026

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.