Average Rent in Hancock, Austin, TX

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Current Versus Historical Hancock, Austin, TX Rents

Hancock rentals average $1,350 for a studio rental to $4,000 for a 4-bedroom rental. The median price of all currently available listings is $1,620, or roughly $2 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $91 (-6.10%) year-over-year from $1,491 to $1,400. 1-bedroom rentals prices have increased by $614 (32.97%) year-over-year from $1,861 to $2,475. 2-bedroom rentals prices have decreased by $539 (-23.10%) year-over-year from $2,334 to $1,795. 3-bedroom rentals prices have increased by $606 (18.12%) year-over-year from $3,344 to $3,950. 4-bedroom rentals prices have decreased by $1,733 (-30.23%) year-over-year from $5,733 to $4,000. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 3.44% this month. 1-bedroom rents have gone up by 8.96% this month. 2-bedroom rents have gone down by 20.43% this month. 3-bedroom rents have gone up by 4.01% this month. 4-bedroom rents have gone up by 2.56% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.25 $1,400 $1,491 (-6.10%) $1,341 (4.37%)
1 BR $2.13 $2,475 $1,861 (32.97%) $1,951 (26.85%)
2 BR $1.82 $1,795 $2,334 (-23.10%) $2,007 (-10.56%)
3 BR $2.44 $3,950 $3,344 (18.12%) $3,093 (27.71%)
4+ BR $2.10 $4,000 $5,733 (-30.23%) $5,163 (-22.52%)

Historical Rents in Hancock, Austin, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Hancock

There are a total of 14 cities nearby Hancock. The average rent in Hancock is currently $2,000 per month. Our records show that San Marcos, TX, with an average rent of $1,899, is the most affordable city nearby. In contrast, the most expensive city near Hancock, Austin, TX is Lakeway, TX. Monthly rents here are on average $2,725 per month.

Let's compare Hancock, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 0.96% more affordable. Two bedrooms in Hancock, Austin, TX are about 2.71% more expensive. Finally, rent for three bedrooms are about 49.42% more expensive. Want more information? Check out the top 10 cities out of 14 total cities near Hancock, Austin, TX in the following chart.
City Studio 1 Bed 2 Bed All
Jollyville, TX N/A N/A $1,495 $1,995
Manor, TX N/A N/A $2,000 $1,995
Round Rock, TX N/A $1,224 $1,495 $1,995
Lago Vista, TX N/A $1,500 $1,500 $1,995
Hutto, TX N/A N/A N/A $2,000
Austin, TX $1,000 $1,309 $1,800 $2,100
Pflugerville, TX N/A $1,401 $1,575 $2,100
Cedar Park, TX N/A $1,355 $1,638 $2,295
Brushy Creek, TX N/A N/A $1,600 $2,354
Lakeway, TX N/A $1,850 $1,663 $2,725

Top Neighborhoods Near Hancock

There are a total of 11 neighborhoods in or near Hancock. Some of these neighborhoods include Hyde Park, Windsor Park, and North University. We've included all of these top 11 neighborhoods in or near Hancock, Austin, TX in the following chart.

The average rent for these 11 neighborhoods in or near Hancock, Austin, TX is currently around $1,700 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $1,700. Interestingly, the neighborhoods' average rent is higher than Hancock's average rent, which is only $1,620. Out of all the neighborhoods in or near Hancock, Hyde Park has the most affordable average rent at $1,225 per month. Whereas, at $3,175 average rent per month, Downtown Austin is the most expensive neighborhood in or near Hancock. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Hyde Park, Austin, TX $914 $1,200 $1,113 $1,225
Windsor Park, Austin, TX N/A $1,044 $1,350 $1,535
North University, Austin, TX $800 $1,295 $1,948 $1,573
Brentwood, Austin, TX $800 $1,050 $1,700 $1,675
North Austin, Austin, TX $795 $950 $1,549 $1,675
West University, Austin, TX $1,100 $1,298 $1,885 $1,700
Parker Lane, Austin, TX N/A $925 $1,595 $1,888
Garrison Park, Austin, TX N/A $973 $1,535 $1,995
South Lamar, Austin, TX N/A $1,503 $1,900 $2,100
North Loop, Austin, TX $1,030 $1,298 $1,800 $2,200
Downtown Austin, Austin, TX $1,020 $2,598 $4,896 $3,175

Top Counties Near Hancock

There are a total of 11 counties located by Hancock, Austin, TX. Some of these counties include Kyle-Buda, TX, Cedar Creek-Red Rock, TX, and Austin, TX. The average rent for rentals in these counties is $2,096. That's roughly around $1 per sqft. The county that is the most affordable is Jarrell, TX. It's average rent per month is $1,725. Vice versa, with an average rent of $3,100, Southwest Travis, TX is the most expensive county by Hancock, Austin, TX.

In comparison, rent for one bedroom listings in Hancock, Austin, TX is 0.96% more affordable than other counties nearby. Finally, rent for two bedrooms in Hancock, Austin, TX is 4.89% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Kyle-Buda, TX N/A $1,498 $2,375 $1,975
Cedar Creek-Red Rock, TX N/A N/A $1,575 $2,038
Austin, TX $1,000 $1,303 $1,810 $2,095
Taylor, TX N/A $1,038 $1,550 $2,095
Northeast Travis, TX N/A $1,299 $1,775 $2,098
Round Rock-Georgetown, TX N/A $1,225 $1,525 $2,100
Cedar Park-Liberty Hill, TX N/A $1,369 $1,752 $2,200
Northwest Travis, TX N/A $1,323 $1,725 $2,600
Dripping Springs-Wimberley, TX N/A N/A $1,795 $2,725
Southwest Travis, TX N/A $1,613 $1,785 $3,100

Top Zipcodes Near Hancock

There are a total of 18 zipcodes in or near Hancock, Austin, TX. The average rent for all of these zipcodes is $2,099.

The following chart includes the top 10 zipcodes in Hancock, Austin, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
78702, Austin, TX $1,528 $1,825 $2,400 $2,575
78752, Austin, TX N/A $1,195 $1,618 $1,850
78731, Austin, TX N/A $1,225 $1,935 $2,995
78741, Austin, TX $900 $1,065 $1,800 $2,200
78704, Austin, TX $952 $1,500 $2,200 $2,500
78758, Austin, TX $795 $950 $1,595 $1,650
78753, Austin, TX $825 $875 $1,463 $1,895
78759, Austin, TX N/A $1,447 $1,450 $1,995
78745, Austin, TX $873 $1,500 $1,650 $1,983
78744, Austin, TX N/A $1,182 $1,600 $2,275

Frequently Asked Questions - Hancock Average Rents

What is the average rent price in Hancock, Austin, TX?
The average monthly rental price for Hancock, Austin, TX apartments for rent is approximately $1,620. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Hancock, Austin, TX rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Hancock, Austin, TX.
How much is a studio apartment in Hancock, Austin, TX?
The average monthly rental price for studio apartments is $1,350 and an average price per square feet of $3.25. There are a total of 5 studio apartment listings currently available for rent in Hancock.
How much is a one bedroom apartment in Hancock, Austin, TX?
The average monthly rental price for one bedroom apartments is $1,250 and an average price per square feet of $2.13. There are a total of 31 one bedroom apartment listings currently available for rent in Hancock.
How much is a two bedroom apartment in Hancock, Austin, TX?
The average monthly rental price for two bedroom apartments is $1,658 and an average price per square feet of $1.82. There are a total of 42 two bedroom apartment listings currently available for rent in Hancock.
How have rent prices in Hancock, Austin, TX changed this year?
Rent prices for rentals in Hancock, Austin, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.06%, one bedroom rental prices have changed by 0.33%, two bedroom rental prices have changed by -0.23%, and three bedroom rental prices have changed by 0.18% year-over-year.
What is a reasonable rent price in Hancock, Austin, TX?
A reasonable rent price in Hancock, Austin, TX is around $1,296/month. You can search for these reasonably priced rental listings on RentHop.
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