Luxury Apartments for Rent in 78723
166 rentals
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PET FRIENDLY$1,786 - $4,457/mo
Studio-2 Beds
1-2 BathsAMLI Branch Park | 1911 Philomena St #S103,
Austin, TX 78723
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SPECIAL OFFERPET FRIENDLYTotal price$1,990 - $3,595/moStudio-2 Beds1-2 BathsRivette Tower | 3901 Berkman Dr #1239B,
Austin, TX 78723
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SPECIAL OFFERPET FRIENDLYTotal price$1,634 - $3,185/moStudio-2 Beds1-2 BathsThe Emma Browning | 3219 Manor Rd #1106,
Austin, TX 78723
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SPECIAL OFFERPET FRIENDLYTotal price$1,470 - $3,051/mo1-2 Beds1-2 BathsOverture Mueller - 55+ Active Adult Apartment Homes | 4818 Berkman Dr #2103,
Austin, TX 78723
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Average Rent Trends in 78723
Rent in 78723 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,250 |
| Jul 2025 | $2,150 |
| Aug 2025 | $2,226 |
| Sep 2025 | $2,306 |
| Oct 2025 | $2,038 |
| Nov 2025 | $2,106 |
| Dec 2025 | $1,995 |
| Jan 2026 | $2,000 |
| Feb 2026 | $1,900 |
| Mar 2026 | $2,072 |
| Apr 2026 | $2,095 |
| May 2026 | $2,000 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,376 | $1,645 | $2,500 | $3,250 | $2,020 |
| Townhomes | — | $1,540 | $2,131 | $4,000 | $2,131 |
| Apartments and Condos | $2,200 | $1,800 | $2,617 | $14,717 | $2,000 |
| Houses | $2,750 | $1,595 | $2,600 | $3,250 | $2,800 |
Frequently Asked Questions about Rentals in 78723
- What is the average rent in 78723?The average rent in 78723 is $2,020. Rent prices range from $699 to as much as $25,200, depending on the type of rental.
- How does the rent in 78723 compare to the national average?Average rent in 78723 is about 6% higher than the national average rent of $1,910. That means it is more expensive to rent in 78723 compared to the U.S. average.
- What is the average rent in 78723, by number of bedrooms?The average rent in 78723 is $1,220 for a studio, $1,376 for a 1 bedroom, $1,645 for a 2 bedroom, $2,500 for a 3 bedroom, and $3,250 for a 4 bedroom.
- How have rent prices in 78723 changed compared to last year?In the past year, the average rent price in 78723 has decreased by $240. That means the average rent is 12% lower than last year.
- How many available rental listings are in 78723?There are 171 available rental listings in 78723.
- What are some cities near 78723?Some nearby cities include: Rollingwood, Austin, West Lake Hills, Sunset Valley, Lost Creek, Manor. These cities may have more rental options to explore.
Data provided by HAR.com 2024 - All information provided should be independently verified.