House Charts

Austin Housing Market: Home Prices & Rent

Updated September 2026 data · metro area
Austin home values are down 4.3% over the past year, to a typical $414k - 27% below the June 2022 peak. Typical rent is $1,603 a month (+0.7% in a year).
Typical home value
$414k
-4.3% (-$19k) in 12 months
From the peak
-27%
Peak $565k, Jun 2022
Since Dec 2019
+28%
from $325k
Typical rent
$1,603/mo
+0.7% in 12 months
Income needed to buy
$125k/yr
20% down, 30% of income
Days to go under contract
90
September 2026

Austin home values since 2000

$200k$300k$400k$500k$600k2000200420082012201620202024Peak $565k (Jun 2022)Now $414k

Last few years

$300k$400k$500k20192020202120222023202420252026Peak $565k (Jun 2022)Now $414k

Rent in Austin

$1,200$1,400$1,600$1,800201520172019202120232025Now $1,603

Owning vs renting, monthly

Buying the typical Austin home with 20% down at this week's 7.32% 30-year rate costs about $2,794/month (principal, interest plus ~1.5% a year for tax and insurance) vs $1,603/month typical rent.

Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.

What changed this month

Austin vs Texas vs the U.S.

Typical home12-month changeTypical rent
This metro$414k-4.3%$1,603/mo
Texas$296k-1.4%-
United States$366k+1.2%$1,932/mo

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Common questions

Are home prices falling in Austin?

Yes - the typical Austin-area home value is down 4.3% over the past 12 months, at $414k (September 2026). Values are 27% below their June 2022 peak of $565k.

Is the Austin housing market crashing?

Home values are 27% below their June 2022 peak and down 4.3% over the past year - a gradual decline, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.

How much is rent in Austin?

Typical rent in the Austin metro is $1,603 a month (September 2026), +0.7% over 12 months.

How much income do you need to buy a home in Austin?

About $125k a year to afford the typical home with 20% down, spending no more than 30% of income on housing (September 2026).

Cities in the Austin metro

Round Rock · Georgetown

Nearby and similar metros

Dallas, TX · Houston, TX · San Antonio, TX · McAllen, TX · El Paso, TX · Corpus Christi, TX · Spokane, WA · Asheville, NC · Ann Arbor, MI · Billings, MT

Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index, September 2026; income needed and listing data). 30-year mortgage rate: Freddie Mac PMMS. Figures are for the Austin, TX metro area. How we calculate.