Austin – A recent study showed that the rental prices in Austin decreased when compared to 2024, and the city got second place where the rent fell more in the United States
SmartassetThe Financial Technology Company said it ranked 100 of the largest American cities based on the rate of change in the average rental prices for all houses between February 2024 and February 2025.
So far in 2025, six out of 100 cities witnessed a decrease in rent, including Austin.
Urra, Colorado, was the largest annual relative decrease in rent by -3.05 %, but Austin closely continued to decrease in rent by -2.34 % between 2024 and 2025, according to the study.
Smartasset said that the average lease in Austin in 2024 was $ 1,684, and the current rent fell to $ 1644.
While the decline seems optimistic, the average rent in Austin has increased significantly since 2020.
Other cities of Texas, where the rent has decreased more
Plano, Texas (No. 5 in the United States)
- One year change in average rent: -0.18 %
- Average rent, 2025: 1753 dollars
- Average rent, 2024: 1757 dollars
- Average rent, 2020: 1,384 dollars
- Five -year change in average rent: 26.68 %
San Antonio, Texas (No. 6 in the United States)
- One year change in average rent: -0.08 %
- Average rent, 2025: 1412 dollars
- Average rent, 2024: 1414 dollars
- Average rent, 2020: 1,181 dollars
- Five -year change in average rent: 19.59 %
According to Smartasset, the data was collected in the study by using the remarkable rental index (Zilli), which represents the average of all homes, including Multifamilies, for 100 of the largest American cities.