Is rent expensive in Austin?
|City||Average Rent for One-Bedroom||One-Bedroom Rent Increase|
|Jersey City, NJ||4,421||51.6|
|New York, NY||5,812||41.0|
Is it worth it to live in downtown Austin? If you’re looking for a combination of high-tech industry, exciting dining and entertainment options and a sprinkling of the great outdoors, you can’t do better than living in downtown Austin. This vibrant city center has it all — shopping, live music, great food and plenty of outdoor space.
Is downtown Austin expensive? Downtown neighborhoods such as Market District and West End—which are home to luxury, high-rise apartment buildings—can see rents climb upwards of $2,500; whereas those on the northern edges of the city’s sprawl can dip to around $1,000.
Is Austin Texas a cheap place to live? Cost of living in Austin. Austin is a moderately expensive place to live, but it also has comparably high wages to offset the cost of living. The median home in Austin costs $378,300, which is far higher than the median in Texas ($200,400) or the United States overall ($240,500).