Property Prices in Austin, TX, United States

Index Info
Price to Income Ratio: 3.37
Mortgage as Percentage of Income: 30.56%
Loan Affordability Index: 3.27
Price to Rent Ratio - City Centre: 8.86
Price to Rent Ratio - Outside of Centre: 9.23
Gross Rental Yield (City Centre): 11.28%
Gross Rental Yield (Outside of Centre): 10.83%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,231.07 $ 1,750.00-3,200.00
Apartment (1 bedroom) Outside of Centre 1,416.12 $ 1,250.00-1,840.00
Apartment (3 bedrooms) in City Centre 3,825.00 $ 3,400.00-5,500.00
Apartment (3 bedrooms) Outside of Centre 2,623.41 $ 2,150.00-3,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 392.31 $ 304.81-600.00
Price per Square Feet to Buy Apartment Outside of Centre 268.50 $ 220.00-400.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 5,273.37 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 6.00-8.00

These data are based on 264 entries in the past 18 months from 51 different contributors.
Last update: February 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):

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.