Average Rent in North Loop, Austin, TX

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Current Versus Historical North Loop, Austin, TX Rents

North Loop rentals average $1,030 for a studio rental to $3,573 for a 4-bedroom rental. The median price of all currently available listings is $2,200, or roughly $2 per square feet.
For the apartment units and housing in November 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $504 (40.80%) year-over-year from $1,234 to $1,738. 1-bedroom rentals prices have decreased by $237 (-15.39%) year-over-year from $1,537 to $1,300. 2-bedroom rentals prices have increased by $120 (5.76%) year-over-year from $2,080 to $2,200. 3-bedroom rentals prices have decreased by $602 (-20.09%) year-over-year from $2,997 to $2,395. 4-bedroom rentals prices have decreased by $137 (-3.66%) year-over-year from $3,732 to $3,595. 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 up by 10.26% this month. 1-bedroom rents have gone up by 5.16% this month. 2-bedroom rents have gone up by 7.67% this month. 3-bedroom rents have gone down by 13.49% this month. 4-bedroom rents have gone up by 10.11% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.25 $1,738 $1,234 (40.80%) $1,131 (53.67%)
1 BR $1.86 $1,300 $1,537 (-15.39%) $1,529 (-15.00%)
2 BR $2.39 $2,200 $2,080 (5.76%) $1,784 (23.35%)
3 BR $1.81 $2,395 $2,997 (-20.09%) $2,980 (-19.62%)
4+ BR $1.84 $3,595 $3,732 (-3.66%) $4,533 (-20.70%)

Historical Rents in North Loop, Austin, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near North Loop

There are a total of 14 cities nearby North Loop. The average rent in North Loop is currently $2,000 per month. A total of 11 cities nearby have an average rent lower than that. Our records show that San Marcos, TX, with an average rent of $1,900, is the most affordable city nearby. In contrast, the most expensive city near North Loop, Austin, TX is Lakeway, TX. Monthly rents here are on average $2,725 per month.

Let's compare North Loop, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 7.39% more expensive. Two bedrooms in North Loop, Austin, TX are about 8.33% more expensive. Finally, rent for three bedrooms are about 17.64% more expensive. Want more information? Check out the top 10 cities out of 14 total cities near North Loop, Austin, TX in the following chart.
City Studio 1 Bed 2 Bed All
Lago Vista, TX N/A $1,500 $1,550 $1,973
Jollyville, TX N/A N/A $1,495 $1,995
Manor, TX N/A N/A $2,000 $1,998
Hutto, TX N/A N/A N/A $1,999
Round Rock, TX N/A $1,224 $1,525 $2,000
Austin, TX $995 $1,300 $1,800 $2,100
Pflugerville, TX N/A $1,175 $1,675 $2,100
Cedar Park, TX N/A $1,354 $1,350 $2,295
Brushy Creek, TX N/A N/A $1,675 $2,354
Lakeway, TX N/A $1,850 $1,675 $2,725

Top Neighborhoods Near North Loop

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

The average rent for these 11 neighborhoods in or near North Loop, Austin, TX is currently around $1,675 per month. A total of 10 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near North Loop, Hyde Park has the most affordable average rent at $1,200 per month. Whereas, at $3,300 average rent per month, Downtown Austin is the most expensive neighborhood in or near North Loop. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Hyde Park, Austin, TX $914 $1,200 $1,050 $1,200
Windsor Park, Austin, TX N/A $1,044 $1,423 $1,525
North University, Austin, TX $800 $1,295 $1,995 $1,595
Hancock, Austin, TX $1,350 $1,273 $1,650 $1,620
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 $1,300 $1,895 $1,700
Parker Lane, Austin, TX N/A $960 $1,595 $1,888
South Lamar, Austin, TX N/A $1,503 $1,900 $2,050
Garrison Park, Austin, TX N/A $973 $1,500 $2,100
Downtown Austin, Austin, TX $1,020 $2,548 $4,900 $3,300

Top Counties Near North Loop

There are a total of 11 counties located by North Loop, 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 $2,095. That's roughly around $1 per sqft. A total of 9 counties have a lower average rent. 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 $3,200, Southwest Travis, TX is the most expensive county by North Loop, Austin, TX.

In comparison, rent for one bedroom listings in North Loop, Austin, TX is 3.13% more expensive than other counties nearby. Finally, rent for two bedrooms in North Loop, Austin, TX is 3.46% more expensive 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 $2,000
Austin, TX $995 $1,300 $1,809 $2,095
Northeast Travis, TX N/A $1,284 $1,775 $2,095
Taylor, TX N/A $1,200 $1,550 $2,095
Round Rock-Georgetown, TX N/A $1,225 $1,550 $2,100
Cedar Park-Liberty Hill, TX N/A $1,369 $1,751 $2,200
Northwest Travis, TX N/A $1,323 $1,725 $2,600
Dripping Springs-Wimberley, TX N/A N/A $1,795 $2,675
Southwest Travis, TX N/A $1,688 $1,850 $3,200

Top Zipcodes Near North Loop

There are a total of 18 zipcodes in or near North Loop, Austin, TX. The average rent for all of these zipcodes is $2,098. A total of 13 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 78758, Austin, TX at $1,650 per month. In comparison, the zipcode with the most expensive average rent of $2,995 per month is 78731, Austin, TX.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near North Loop, Austin, TX is $1,097 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,638 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in North Loop, Austin, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
78752, Austin, TX N/A $1,195 $1,625 $1,873
78731, Austin, TX N/A $1,225 $1,895 $2,995
78702, Austin, TX $1,478 $1,825 $2,380 $2,523
78758, Austin, TX $795 $950 $1,595 $1,650
78753, Austin, TX $825 $850 $1,350 $1,830
78741, Austin, TX $800 $1,049 $1,800 $2,150
78704, Austin, TX $952 $1,475 $2,200 $2,498
78759, Austin, TX N/A $1,375 $1,450 $1,995
78745, Austin, TX $873 $1,500 $1,650 $1,995
78744, Austin, TX N/A $1,145 $1,625 $2,275

Frequently Asked Questions - North Loop Average Rents

What is the average rent price in North Loop, Austin, TX?
The average monthly rental price for North Loop, Austin, TX apartments for rent is approximately $2,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do North Loop, 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 North Loop, Austin, TX.
How much is a studio apartment in North Loop, Austin, TX?
The average monthly rental price for studio apartments is $1,030 and an average price per square feet of $2.25. There are a total of 3 studio apartment listings currently available for rent in North Loop.
How much is a one bedroom apartment in North Loop, Austin, TX?
The average monthly rental price for one bedroom apartments is $1,295 and an average price per square feet of $1.86. There are a total of 11 one bedroom apartment listings currently available for rent in North Loop.
How much is a two bedroom apartment in North Loop, Austin, TX?
The average monthly rental price for two bedroom apartments is $1,800 and an average price per square feet of $2.39. There are a total of 20 two bedroom apartment listings currently available for rent in North Loop.
How have rent prices in North Loop, Austin, TX changed this year?
Rent prices for rentals in North Loop, Austin, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.41%, one bedroom rental prices have changed by -0.15%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by -0.20% year-over-year.
What is a reasonable rent price in North Loop, Austin, TX?
A reasonable rent price in North Loop, Austin, TX is around $1,760/month. You can search for these reasonably priced rental listings on RentHop.
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