Property Prices in Austin, TX, United States

Index Info
Price to Income Ratio: 3.46
Mortgage as Percentage of Income: 31.22%
Loan Affordability Index: 3.20
Price to Rent Ratio - City Centre: 8.53
Price to Rent Ratio - Outside of Centre: 9.21
Gross Rental Yield (City Centre): 11.72%
Gross Rental Yield (Outside of Centre): 10.85%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,215.36 $ 1,695.00-3,200.00
Apartment (1 bedroom) Outside of Centre 1,407.25 $ 1,200.00-1,840.00
Apartment (3 bedrooms) in City Centre 3,880.43 $ 3,500.00-5,600.00
Apartment (3 bedrooms) Outside of Centre 2,654.79 $ 2,150.00-3,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 378.56 $ 304.81-500.00
Price per Square Feet to Buy Apartment Outside of Centre 268.50 $ 220.00-360.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 5,038.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.62 6.00-7.88

These data are based on 254 entries in the past 18 months from 42 different contributors.
Last update: March 2025

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

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.