Average Rent in North Loop, Austin, TX

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Current Versus Historical North Loop, Austin, TX Rents

North Loop rentals average $1,040 for a studio rental to $3,898 for a 4-bedroom rental. The median price of all currently available listings is $2,248, or roughly $2 per square feet.
For the apartment units and housing in January 2025, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $455 (-33.68%) year-over-year from $1,350 to $895. 1-bedroom rentals prices have decreased by $276 (-18.44%) year-over-year from $1,499 to $1,223. 2-bedroom rentals prices have increased by $64 (3.32%) year-over-year from $1,936 to $2,000. 3-bedroom rentals prices have increased by $1,082 (44.76%) year-over-year from $2,418 to $3,500. 4-bedroom rentals prices have increased by $947 (29.79%) year-over-year from $3,178 to $4,125. 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 35.32% this month. 1-bedroom rents have gone down by 12.98% this month. 2-bedroom rents have gone down by 8.82% this month. 3-bedroom rents have gone up by 13.23% this month. 4-bedroom rents have gone up by 1.06% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.25 $895 $1,350 (-33.68%) $1,131 (-20.87%)
1 BR $1.90 $1,223 $1,499 (-18.44%) $1,503 (-18.68%)
2 BR $2.15 $2,000 $1,936 (3.32%) $1,979 (1.09%)
3 BR $1.95 $3,500 $2,418 (44.76%) $2,443 (43.27%)
4+ BR $1.89 $4,125 $3,178 (29.79%) $4,377 (-5.75%)

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 12 cities nearby North Loop. The average rent in North Loop is currently $2,024 per month. A total of 11 cities nearby have an average rent lower than that. Our records show that Kyle, 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 $2,900 per month.

Let's compare North Loop, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 15.38% more expensive. Two bedrooms in North Loop, Austin, TX are about 9.03% more expensive. Finally, rent for three bedrooms are about 29.88% more expensive. Want more information? Check out the top 10 cities out of 12 total cities near North Loop, Austin, TX in the following chart.
City Studio 1 Bed 2 Bed All
Kyle, TX N/A $1,250 $1,800 $1,900
Manor, TX N/A N/A $2,000 $1,975
Hutto, TX N/A N/A N/A $2,000
Lago Vista, TX N/A $1,500 $1,550 $2,000
Round Rock, TX N/A N/A $1,495 $2,047
Austin, TX $1,000 $1,300 $1,795 $2,050
Leander, TX N/A N/A $1,625 $2,125
Pflugerville, TX N/A N/A $1,650 $2,175
Cedar Park, TX N/A $1,325 $1,523 $2,200
Lakeway, TX N/A $1,775 $1,925 $2,900

Top Neighborhoods Near North Loop

There are a total of 8 neighborhoods in or near North Loop. Some of these neighborhoods include Hyde Park, North University, and Brentwood. We've included all of these top 8 neighborhoods in or near North Loop, Austin, TX in the following chart.

The average rent for these 8 neighborhoods in or near North Loop, Austin, TX is currently around $1,675 per month. A total of 7 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 $1,325 per month. Whereas, at $3,150 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 $975 $1,325
North University, Austin, TX $800 $1,295 $2,000 $1,525
Brentwood, Austin, TX $800 $1,050 $1,725 $1,550
West University, Austin, TX $1,150 $1,295 $1,850 $1,600
Hancock, Austin, TX $1,450 $1,295 $1,650 $1,750
North Austin, Austin, TX N/A $938 $1,500 $1,850
Garrison Park, Austin, TX N/A $815 $1,600 $2,075
Downtown Austin, Austin, TX $1,020 $2,500 $4,397 $3,150

Top Counties Near North Loop

There are a total of 8 counties located by North Loop, Austin, TX. Some of these counties include Jarrell, TX, Kyle-Buda, TX, and Austin, TX. The average rent for rentals in these counties is $2,100. That's roughly around $1 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Jarrell, TX. It's average rent per month is $1,749. Vice versa, with an average rent of $3,100, 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 7.95% more affordable than other counties nearby. Finally, rent for two bedrooms in North Loop, Austin, TX is 4.31% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Jarrell, TX N/A N/A $1,948 $1,749
Kyle-Buda, TX N/A $1,473 $1,800 $1,995
Austin, TX $1,000 $1,300 $1,800 $2,000
Taylor, TX N/A $1,200 $1,573 $2,095
Northeast Travis, TX N/A $1,269 $1,655 $2,100
Round Rock-Georgetown, TX N/A $948 $1,513 $2,195
Cedar Park-Liberty Hill, TX N/A $1,325 $1,799 $2,200
Northwest Travis, TX N/A $1,290 $1,700 $2,595
Dripping Springs-Wimberley, TX N/A $1,788 $1,875 $2,650
Southwest Travis, TX N/A $1,550 $1,723 $3,100

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 $2,050. 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 $1,700 per month. In comparison, the zipcode with the most expensive average rent of $2,800 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 $1,066 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,644 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 $1,163 $1,620 $1,850
78731, Austin, TX N/A $999 $1,998 $2,800
78702, Austin, TX $1,250 $1,645 $2,400 $2,670
78758, Austin, TX N/A $1,000 $1,600 $1,700
78753, Austin, TX $820 $850 $1,400 $1,763
78741, Austin, TX $800 $995 $1,725 $1,925
78704, Austin, TX $927 $1,400 $1,925 $2,171
78759, Austin, TX N/A $1,348 $1,650 $2,000
78745, Austin, TX $825 $1,425 $1,638 $1,895
78744, Austin, TX N/A $1,107 $1,500 $2,250

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 $2,248. 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 $1,040 and an average price per square feet of $2.25. There are a total of 2 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 $1,195 and an average price per square feet of $1.90. There are a total of 13 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 $2.15. There are a total of 21 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 -0.34%, one bedroom rental prices have changed by -0.18%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.45% 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 $1,798/month. You can search for these reasonably priced rental listings on RentHop.
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