West University Austin renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in West University Austin is about $1,322 per month. This puts it in the 63rd percentile compared to the city average cost of rent, which is $1,561. Households in West University Austin have a median income of $1,534 per month so the average renter in West University Austin is spending roughly 86% of their earnings on housing.
Nationally, and in West University Austin, home values are the data point most closely correlated with the cost of rent. The median price of a home in West University Austin is $342,160 right now, which is lower than nearby neighborhoods, meaning that rents in West University Austin also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the western parts of West University Austin while lower rent rates are often available in southern areas.
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