The Ultimate Guide to Condos for Rent in Austin, TX

Austin's rental market offers a wide range of options, but condos stand out as a top choice for many renters. These residences provide a balance of modern amenities, prime locations, and a low-maintenance lifestyle. Unlike traditional apartments, condos often come with added benefits such as concierge services, fitness centers, and private balconies, making them an attractive option for those seeking convenience and comfort.

Beyond the perks of condo living, Austin itself is a magnet for renters. The city's thriving job market, vibrant entertainment scene, and access to some of the best outdoor activities in Austin make it a highly desirable place to call home. Whether you're a professional, student, or family, there's a condo that fits your lifestyle.

What You Will Learn in This Guide

• The average rental prices for condos in Austin and surrounding areas
• A breakdown of the best neighborhoods for condo living
• Key amenities and features to look for in Austin's top condo communities
• Tips on how to secure a rental and navigate the competitive market

With rental prices in Austin shifting in recent months, now is an ideal time to explore the available options. Let's dive into what makes condo living in Austin such an attractive choice!

Average Condo Rent in Austin and Surrounding Areas

Understanding condo rental prices in Austin and its surrounding areas can help renters make informed decisions. Here’s a breakdown of the average condo rent in key locations:

• Downtown Austin: One-bedroom condos average around $2,919 per month, with luxury high-rise units exceeding $4,000 per month.

• South Lamar: More affordable compared to downtown, with one-bedroom condos averaging $1,653 per month.

• The Domain: Known for its blend of suburban and urban living, one-bedroom condos average $1,840 per month.

• East Austin: A trendy, up-and-coming area where one-bedroom condos rent for about $1,600 per month.

• South Congress (SoCo): A cultural hotspot where one-bedroom condos range from $1,800 to $2,000 per month.

• Cedar Park & Round Rock: More affordable suburban areas with one-bedroom condos averaging $1,300 - $1,500 per month.

• Lakeway & Westlake Hills: Known for high-end, luxury condos, where prices can start at $3,000 per month and go higher.

While condo rentals dominate Austin’s urban core, traditional residential rentals such as townhomes and single-family homes are also an option, particularly in suburban areas like Cedar Park and Pflugerville, where rental costs tend to be lower than those found in central Austin.

The Best Neighborhoods for Condo Rentals in Austin

Austin is a diverse city with neighborhoods that offer a variety of condo rental options, from luxury high-rises downtown to more affordable, laid-back communities. Whether you're looking for walkable urban living, a vibrant cultural scene, or a quiet retreat with scenic views, Austin has something to fit every lifestyle and budget.

Each neighborhood comes with unique perks-some prioritize nightlife and entertainment, while others focus on green spaces and family-friendly amenities. Below, we'll explore some of the top neighborhoods for renting a condo in Austin, highlighting what makes them stand out and what you can expect in terms of lifestyle and pricing.

Downtown Austin: High-Rise Living in the City’s Core

The heart of the city, Downtown Austin, is a prime location for those who crave an urban lifestyle. The neighborhood’s walkability and access to public transit make it an excellent choice for professionals working in the tech and business sectors. 

• Vibrant nightlife with numerous bars and live music venues
• Access to Lady Bird Lake and its extensive trail system
• Close proximity to major employers and coworking spaces
• Luxury high-rise condos with rooftop pools and fitness centers

Downtown Austin condo buildings offer luxury high-rise living with top-tier amenities, breathtaking views, and easy access to the city’s vibrant cultural and business scene.

Watch our full playlist of Downtown Austin Condos.

The Austonian

One of Austin’s most prestigious high-rises, The Austonian offers unparalleled luxury with spacious residences, floor-to-ceiling windows, and breathtaking skyline views. Residents enjoy access to elite amenities, including a private spa, rooftop pool, and 24-hour concierge services. Its prime location puts it within walking distance of fine dining, shopping, and cultural attractions, making it a top choice for those seeking a sophisticated lifestyle.

360 Condominiums

A modern and stylish high-rise, 360 Condominiums features floor-to-ceiling windows that provide stunning city views. The building boasts a rooftop pool, fitness center, and entertainment lounge. Located near Rainey Street, residents have easy access to some of Austin’s best nightlife and dining options. The building’s sleek design and central location make it ideal for young professionals.

The Independent

Nicknamed “The Jenga Tower” due to its distinctive architecture, The Independent is one of Austin’s tallest residential buildings. The property features luxurious residences with panoramic views, a state-of-the-art fitness center, a sky lounge, and a theater. With its convenient downtown location, residents enjoy quick access to major employers, trendy bars, and entertainment venues.

Seaholm Residences

A contemporary high-rise with eco-friendly features, Seaholm Residences provides a modern urban living experience. The building includes a dog park, a resident lounge, and direct access to Lady Bird Lake trails. Its proximity to Whole Foods, Trader Joe’s, and the bustling Seaholm District makes it an excellent option for those who appreciate walkability and convenience.

The W Residences

Blending hotel-style living with private residences, The W Residences offers five-star amenities such as a spa, rooftop pool, and concierge services. Located in the heart of downtown, this property provides luxury, comfort, and convenience for those who want access to fine dining, entertainment, and high-end shopping just steps away.

South Lamar: Trendy and Affordable Living

Located just south of Downtown, South Lamar offers a mix of trendy and affordable rental options. Known for its vibrant culture, this neighborhood is packed with coffee shops, local eateries, and boutique stores. Residents appreciate the laid-back atmosphere while still being minutes away from the city center.

• Diverse dining options, from food trucks to fine dining
• A thriving arts scene with galleries and live performances
• Easy access to Zilker Park and Barton Springs Pool
• More affordable condo rentals compared to Downtown

With its unique blend of urban convenience and local charm, South Lamar is home to several sought-after condo communities. These residences offer modern amenities, stylish interiors, and prime locations that allow renters to fully enjoy everything this dynamic neighborhood has to offer. Here are some of the top condo buildings in South Lamar:

Greenview on Barton Creek

A stylish, modern complex, Greenview on Barton Creek offers sleek, contemporary interiors and breathtaking greenbelt views. Residents can enjoy a resort-style pool, a fitness center, and easy access to Barton Creek trails. The tranquil setting combined with urban convenience makes this an appealing choice for nature lovers and professionals alike.

Bridges on The Park

Bridges on The Park is a mid-rise condo building offering luxury living just steps from Lady Bird Lake. The units feature modern interiors with open layouts, and the community amenities include a pool, fitness center, and concierge service. With direct access to walking trails and downtown, it is ideal for those who enjoy an active lifestyle.

Zilkr on the Park

For outdoor enthusiasts, Zilkr on the Park is a top choice. Located next to Zilker Park, this condo complex offers contemporary living spaces with modern designs. Residents have access to a fitness center, pool, and entertainment lounge while being within walking distance of Austin’s famous green spaces.

2020 Congress

A boutique-style condo complex, 2020 Congress blends modern architecture with vintage charm. Located near the iconic South Congress Avenue, residents enjoy proximity to Austin’s best restaurants, live music venues, and unique shops. The complex offers a community courtyard, secure parking, and stylish interiors.

South 5th Condos

An eco-friendly, modern condo community, South 5th Condos features energy-efficient designs and a quiet, residential atmosphere. With its sleek architecture and sustainable features, this community attracts those who prioritize green living while still wanting easy access to downtown.

The Domain: A Modern Hub in North Austin

For those who prefer a suburban feel with urban conveniences, The Domain in North Austin is a fantastic option. This area is known for its upscale shopping centers, fine dining, and entertainment hubs, making it a desirable place to live. Its proximity to major tech employers like Apple and IBM makes it especially appealing to professionals.

• High-end shopping and entertainment at The Domain
• Walkable streets with parks and green spaces
• Quick access to major highways and public transit
• A mix of luxury and mid-range condo rentals

With its mix of modern high-rises and stylish mid-rise communities, The Domain offers condo renters a balance of luxury and convenience. Whether you're looking for resort-style amenities, smart home features, or a location within walking distance of Austin's top employers, there's a condo to match your lifestyle. Below are some of the top condo communities in The Domain:

The Residences at The Domain

Luxury living in the heart of The Domain, this condo community offers high-end finishes, spacious layouts, and concierge services. Residents enjoy upscale amenities, including a resort-style pool, fitness center, and private courtyards. The walkability to The Domain’s best shopping and dining spots makes it a prime choice for urban dwellers.

The Kenzie at The Domain

A contemporary mid-rise, The Kenzie features modern interiors, a state-of-the-art fitness center, and a resort-style pool. The pet-friendly environment and close proximity to green spaces make it a favorite among professionals and pet owners.

IMT at The Domain

Designed for comfort and style, IMT offers loft-style condos with smart home features and private balconies. Residents enjoy community perks such as a pool, fitness center, and lounge areas, all within steps of high-end retail and entertainment.

The Flatiron Domain

A boutique-style condo building with an industrial-chic design, The Flatiron Domain boasts rooftop lounges, stylish units, and quick access to The Domain’s top attractions. This modern complex is perfect for professionals looking for convenience and contemporary aesthetics.

The Standard at The Domain

A high-rise featuring sophisticated interiors and high-tech amenities, The Standard provides easy access to major employers, entertainment, and dining. Its sleek design and community features, including a rooftop terrace, make it a standout choice.

Final Thoughts on Renting a Condo in Austin

Austin's condo rental market offers something for everyone, whether you're looking for a high-rise luxury experience, a trendy neighborhood with a vibrant atmosphere, or a peaceful retreat in a suburban setting. With competitive rental prices, strong job growth, and an unmatched quality of life, now is an excellent time to explore your options.

Understanding the different neighborhoods and rental rates can help you make an informed decision. Whether you're drawn to the lively energy of Downtown Austin, the creative vibe of South Lamar, or the modern convenience of The Domain, there's a condo that perfectly fits your lifestyle.

Find Your Perfect Condo with Spyglass Realty

Austin’s condo rental market is full of opportunities, from luxurious high-rises to budget-friendly units in vibrant neighborhoods. Whether you’re looking for a trendy spot in South Lamar or a sleek high-rise in Downtown, our team at Spyglass Realty can help you find the perfect rental to suit your needs.

Our expert real estate agents are ready to guide you through the rental process, ensuring a smooth and stress-free experience. Browse our current condo listings or reach out to us today for personalized assistance. Let’s find your ideal Austin condo together!

Frequently Asked Questions About Renting Condos in Austin, TX

What are the average condo rental prices in Austin?

Condo rental prices in Austin vary by neighborhood and property type. In Downtown Austin, luxury high-rises average around $2,800+ per month, while more affordable areas like South Lamar or East Austin offer condos in the $1,600-$1,800 range. Suburban locations like Cedar Park and Round Rock provide even lower rental costs, averaging $1,300-$1,500 per month.

What amenities do condos for rent in Austin typically include?

Austin condos often come with modern amenities that elevate the rental experience. Common features include fitness centers, rooftop pools, concierge services, gated security, and private balconies. High-end buildings like The Austonian and The Independent offer luxury extras like sky lounges, valet parking, and private wellness facilities.

Which Austin neighborhoods are best for condo rentals?

The best neighborhood depends on your lifestyle and budget. Downtown Austin is ideal for those wanting walkability, nightlife, and luxury living. South Lamar is great for renters looking for affordable condos in a trendy area with local charm. The Domain offers an upscale, suburban-urban mix, while Lakeway and Westlake Hills cater to renters seeking scenic luxury with Hill Country views.

Is renting a condo in Austin better than renting an apartment?

Condos typically offer higher-end amenities, private ownership perks, and better security compared to traditional apartments. Many condos have better maintenance services, modern finishes, and more desirable locations. Additionally, because they are often owned by individuals rather than corporate landlords, rental agreements may offer more flexibility in pricing and lease terms.

What should I consider before renting a condo in Austin?

Before signing a lease, consider your budget, commute, preferred amenities, and lifestyle needs. Research the building's HOA rules, pet policies, parking availability, and lease terms. Working with a local real estate expert can also help you find a condo that fits your needs while avoiding hidden costs or restrictions.