Property Prices in Austin, TX, United States

Index Info
Price to Income Ratio: 3.22
Mortgage as Percentage of Income: 29.16%
Loan Affordability Index: 3.43
Price to Rent Ratio - City Centre: 7.55
Price to Rent Ratio - Outside of Centre: 8.54
Gross Rental Yield (City Centre): 13.25%
Gross Rental Yield (Outside of Centre): 11.72%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,280.66 $ 1,800.00-3,200.00
Apartment (1 bedroom) Outside of Centre 1,519.56 $ 1,300.00-1,850.00
Apartment (3 bedrooms) in City Centre 4,609.57 $ 3,500.00-6,400.00
Apartment (3 bedrooms) Outside of Centre 2,678.60 $ 2,300.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 368.17 $ 300.00-1,060.99
Price per Square Feet to Buy Apartment Outside of Centre 260.44 $ 200.00-400.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,258.28 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 6.00-8.00

These data are based on 280 entries in the past 18 months from 55 different contributors.
Last update: November 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.