How Is the Greater Austin Rental Market Doing in 2026? June Data & Landlord Insights

Your monthly guide to rental conditions in Greater Austin. This is our July 2026 report, covering June 2026 rental data: what rents looked like last month, what's driving the market, and what it means if you own a rental home.

Greater Austin Rental Market Snapshot — June 2026

Here's where Greater Austin rents stand as of June 2026, across all property types — apartments, condos, townhomes, and single-family homes.

Greater Austin median rent sits at $2,037 in June 2026, down 1.09% year-over-year and nearly flat month-over-month (-0.02%), with homes averaging 48 days on market. That combination of sliding rents and slow absorption means landlords need to price competitively right now to capture the summer leasing window before demand fades in the fall.

Source: Doorstead market data, aggregated from public records and online rental listings, all rental property types, June 2026.

What's Driving Greater Austin Rental Market Conditions Right Now

Greater Austin Rental Supply and New Construction

The pipeline is still heavy but the worst of it is behind you. Greater Austin has 14,600 units under construction right now, spread across multifamily towers, mixed-use projects, and large-scale redevelopments like the 1,700-unit Brodie Oaks overhaul at South Lamar and Loop 360 and the 5,000-unit River Park build-out along East Austin's corridors. New starts hit a ten-year low in 2024, under-construction inventory is down 55% year-over-year, and deliveries are projected to fall 60–74% from their peak, so the pressure on rents should ease as 2026 progresses into 2027.

Why People Rent in Greater Austin

The renter base here keeps growing even as the pace slows, because homeownership at a 6.49% mortgage rate prices out most of the workforce Austin keeps attracting. The Domain corridor in North Austin stays the strongest demand anchor, with Apple, Amazon, and Indeed campuses drawing tech workers willing to pay $2,100–$2,600 for a one-bedroom, while East Austin's Plaza Saltillo MetroRail stop and the East 6th Street bike network pull healthcare workers and UT graduates who need fast downtown access. Domestic migration into Texas has slowed to its lowest pace since 2005, but international households are now driving much of the formation, and the city just approved zoning rules in May 2026 to allow taller development, signaling that Austin is still betting on long-term population growth.

What This Means for Greater Austin Landlords

You are sitting inside the best leasing window of the year right now. Families and students time their moves for May through August in Austin, so a unit that sits vacant past mid-July is likely waiting until fall, when demand drops and you will be competing against fresh deliveries from that 14,600-unit pipeline. Price aggressively to lease in the next six to eight weeks rather than holding out for top dollar.

Greater Austin Rent by City — June 2026

Cedar Park leads Greater Austin for leasing speed at 37 days on market, with Round Rock (41 days) and Pflugerville (42 days) close behind, making the northern and northwestern suburbs the tightest part of the market right now. San Marcos sits at the other end of the table at 61 days, and Kyle at 54 days, both showing the slowest absorption in the metro. Most cities are clustered between 37 and 51 days, with Austin itself at 51 days, so the gap between the fastest and slowest submarkets runs about 24 days from Cedar Park to San Marcos.

• Austin, TX: The Domain in North Austin anchors demand from Apple, Amazon, and Indeed employees, while East Austin draws UT grad students and healthcare workers along the MetroRail Red Line corridor. Even so, Austin's $2,517 median rent is down 6.6% year-over-year and homes are sitting for 51 days, both signs that supply is outrunning demand in the city core despite the spring leasing window.

• Round Rock, TX: Round Rock is one of the brighter spots in the region right now: median rent of $2,116 is up 3.3% year-over-year, and at 41 days DOM homes are leasing faster than most of Greater Austin, suggesting tighter supply relative to demand.

• Cedar Park, TX: Rent is roughly flat month-over-month at $2,100, but the 3.4% year-over-year decline signals that Cedar Park landlords have given back some of the pricing power they built up in prior years. At 37 days DOM, Cedar Park is actually the fastest-leasing city in this table, meaning well-priced homes are still moving quickly even as rents reset.

• Georgetown, TX: Georgetown's median rent slipped 0.7% month-over-month to $2,067, and the 50-day DOM puts it on the slower side of the submarket. The combination of softening rent and longer leasing times suggests pricing discipline matters more here than in tighter suburban corridors like Cedar Park or Round Rock.

• Leander, TX: Leander posts the strongest year-over-year rent growth in this table at +4.5%, with a $2,195 median. At 47 days DOM the pace is moderate, but the rent trajectory points to a submarket where demand has absorbed new supply better than most of Greater Austin.

• Pflugerville, TX: Pflugerville's $2,100 median rent is down 2.3% year-over-year, and the month-over-month reading is flat, so rents appear to have stabilized at a lower floor rather than continuing to slide. At 42 days DOM, homes are moving at a reasonable clip, which gives landlords who price at market a workable leasing timeline.

• Kyle, TX: Kyle has the second-lowest median rent in this table at $1,722, down 2.2% year-over-year, and at 54 days DOM it is one of the slower markets in Greater Austin. Landlords here should expect longer vacancy stretches and may need to price competitively to stand out in what remains a price-sensitive segment.

• Hutto, TX: Hutto's $2,045 median rent is up 2.2% year-over-year with a flat month-over-month reading, a quiet but consistent positive trend in a submarket that has not gotten much attention. At 44 days DOM, homes are leasing at a reasonable pace, making it one of the more stable stories in the eastern suburbs.

• San Marcos, TX: San Marcos has the lowest median rent in this table at $1,545 and the longest days on market at 61. The 0.3% month-over-month uptick is a small positive signal, but the 3.1% year-over-year decline and the slow absorption rate together point to a market where landlords need patient pricing and realistic timeline expectations.

• Buda, TX: Buda's $2,100 median rent is unchanged year-over-year, making it one of the most stable pricing stories in Greater Austin right now. At 43 days DOM, leasing pace sits comfortably in the middle of the pack, suggesting supply and demand are roughly in balance.

• Manor, TX: Manor's $1,900 median rent is down 3.8% year-over-year, the steepest annual decline among the eastern suburbs in this table. At 57 days DOM and flat month-over-month, there is no near-term momentum to point to, so landlords here need to price to current market rather than where rents were a year ago.

Greater Austin Rent by Bedroom Count and Property Type — June 2026

Rent by Bedroom Count in Greater Austin

Rent in Greater Austin scales unevenly across bedroom sizes, and the biggest leap comes between two- and three-bedroom homes at $642 per month. The jump from studio to one-bedroom is comparatively modest, just $63, which means renters gain very little square footage value at that first step up. At the top end, the move from three- to four-bedroom adds only $234, so larger homes carry far less of a premium relative to the $435 gained by moving from one- to two-bedroom. Across the full range, median rents span from $1,093 for studios to $2,467 for four-bedrooms, a $1,374 spread that reflects how sharply pricing accelerates in the middle tiers.

Rent by Property Type in Greater Austin

Single-family homes command the strongest rents in Greater Austin, with a June 2026 median of $2,260, which is $223 (10.9%) above the blended metro median of $2,037 and they lease fastest at just 36 days on market. Townhouses sit nearly at parity with the blended median at $2,048, only $11 above it, but take 50 days to lease, two weeks longer than single-family. Condos rent at $1,651, a 18.9% discount to the blended median, yet still move in 42 days. Apartments sit furthest from the pack at $1,282, a $755 (37.1%) gap below the blended median, and their 123-day DOM is more than three times the single-family pace, signaling significantly softer absorption at that price point.

Data Sources & Methodology

• Rental market data: Median rents, days on market, listing counts, and rent change figures. Sourced from county public records, deed and tax assessor data, and rental listings on publicly accessible platforms.
• Doorstead Platform Data: Internal leasing outcomes from Doorstead-managed rental homes across all property types, including days to lease. Trailing 12 months.

Data refreshed monthly. Doorstead benchmarks reflect managed properties only and may not be representative of the broader Greater Austin rental market.

City-Level Rental Market Reports

• Austin Rental Market Report