|Rent Price||Dec||vs Last Month|
|1 bed rentals||$1,284||-3.1%|
|2 bed rentals||$1,621||-4.9%|
|3 bed rentals||$2,045||-2.9%|
|4+ bed rentals||$1,705||-1%|
|Rent Type Price||Dec||vs Last Month|
Over the Jan 2020, the average rent for an apartment in/near Downtown Austin, Austin, TX decreased by 3.9% to $1576. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 3.2% to $1325. Pricing for 2-bed apartment also decreased by 4.9% and a place of this size will now cost you $1621. 3-bed apartment rent pricing starts at $2106, it decreased by 3% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 1% and made it down to $1705.
The median rent for an apartment in Downtown Austin, Austin, TX decreased by 4.2% to $1437. Statistics show that house rent price increased by 2.8% this month making it up to $2409. Condos faced an upward trend these days. The median rent for a condo decreased by 7.9%, it’s now available for $2552. You can now rent a duplex for $1590, duplex rent price decreased by 4.9% this month. The median rent for a loft faced changes as well, it decreased by 5.4%, the price tag now starts at $1857. An average room will now go for $878, the median rent price for a room decreased by 0.6%.