Austin Rent Trends
Chicago, IL · June 2026 · median asking rents from leased listings
Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026
- Median asking rent
- $1,375
- Effective rent
- $1,375
- Vs. Chicago median
- -45%
- Avg days to lease
- 32
- Active rentals now
- 43
† Computed on a small sample (fewer than 20 leases) — interpret with caution.
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
2 bedroom
$1,438
— YoY · as of June 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026
Austin renting, answered
- What is the average rent in Austin?
- As of June 2026, the median asking rent in Austin is $1,375 per month, based on 16 leased listings. By size, the median is $1,438 for a 2 bedroom.
- Are rents in Austin going up or down?
- Median asking rent in Austin is down 17.8% compared with a year ago. Note this figure is computed on a small monthly sample and can swing month to month.
- Is Austin more expensive than Chicago overall?
- Austin's median asking rent is 45% below the Chicago citywide median of $2,500.
- How quickly do rentals lease in Austin?
- Over the last 90 days, rentals in Austin leased in an average of 32 days, with 43 active listings on the market right now.
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