Property Prices in Austin, TX, United States

Index Info
Price to Income Ratio: 3.59
Mortgage as Percentage of Income: 25.12%
Loan Affordability Index: 3.98
Price to Rent Ratio - City Centre: 12.68
Price to Rent Ratio - Outside of Centre: 8.69
Gross Rental Yield (City Centre): 7.88%
Gross Rental Yield (Outside of Centre): 11.50%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,770.79 $ 1,200.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,124.42 $ 995.00-1,500.00
Apartment (3 bedrooms) in City Centre 3,206.00 $ 2,000.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 1,944.38 $ 1,500.00-2,748.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 456.41 $ 220.00-1,322.79
Price per Square Feet to Buy Apartment Outside of Centre 194.63 $ 136.77-340.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,876.43 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.55 2.50-4.50

These data are based on 320 entries in the past 18 months from 53 different contributors.
Last update: June 2021

Sources and References
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