Support Us Button Widget

A look at Austin’s rental market so far in 2025

New rental data shows prices were down and rentals spent more time on the market in January 2025.

A chair sits in the corner of a balcony, with views into the apartment behind it to the right. On the left, the balcony stretches out over Downtown Austin, and several skyscrapers, the lake, and the Hill Country are visible.

Dive into the local leasing data from Unlock MLS.

Photo via Tour Factory Photography / Compass

Is your lease almost up? A new monthly report from Unlock MLS just dropped, providing fresh insights for renters in the Austin metro.

Use these January 2025 figures on single-family rental homes, condos, and townhomes to understand Austin’s current leasing market landscape.

Note: this data does not include apartments.

  • The median rent was $2,195, down 1.3% from January 2024.
  • 1,871 leases were closed in January, up 11.7% from last year.
  • 2,425 new leases hit the market, a 10.7% spike from the same time last year.
  • Active leases jumped 8% year-over-year, with a total of 4,246 rentals available last month.
  • Leases spent an average of 69 days on the market — nine days more than leases in January 2024.
  • $3.51 million. That’s last month’s total volume in lease dollars, up 4.8% from the previous year.

See how rent varies by neighborhood.

More from ATXtoday
Austin Food & Wine Festival is this weekend and we’re ready to dig in by helping you maximize your time at this annual celebration of eats.
You could help make a lot of Austinites thankful by sharing your best holiday recipes.
Celebrate the local legend by learning dozens of facts about his life.
Over the next 10 days, we’re launching a reader-driven campaign to sustain what we do best.
Including gifts for significant others, retirees, holiday parties, young people, and gifts that ship fast.
Let’s dig into the delicious picks, including seven stars, 16 local Bib Gourmand Awards, and a handful of MICHELIN-recommended spots for the MICHELIN Guide Texas.
Bookmark this guide for a curated list of events taking place each month that we’re most looking forward to.
You know Bigfoot, but have you heard of The Candy Lady or The Hairy Man?
From historic landmarks to rooftop bars, this guide rounds up the must-try restaurants, sights, and nightlife spots that make the Capital City shine.
Austin’s housing market has been a roller coaster ride for the last five years, but this time, it’s swinging back in favor of buyers.