Most Affordable Neighborhoods in Austin - 2026 Data
The median home value in Austin is $475,000, 68% above nat'l avg. Median rent is $2,911/month. With an affordability index of 138, Austin is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Austin, TX area.
Key Takeaways: Affordability in Austin
- 1The most affordable neighborhood in Austin is Downtown Austin, with a median home value of $550,000.
- 2Austin's median home value is $475,000, 68% above nat'l avg (national: $281,900).
- 3Austin's affordability index is 138 (baseline 100), making it more affordable than the national average.
- 4Median rent in Austin is $2,911/month, 150% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Austin to find the most affordable areas based on home values, rent, and affordability index.
Austin Affordability Overview
Median Home Value
$475,000
68% above nat'l avg
Median Rent
$2,911/mo
150% above nat'l avg
Median Income
$75,752
Near nat'l avg
Affordability Index
138
38% above nat'l avg
Most Affordable Neighborhoods in Austin (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Downtown AustinAustin, TX | $550,000 |
| 2 | East AustinAustin, TX | $450,000 |
| 3 | South CongressAustin, TX | $620,000 |
| 4 | Hyde Park AustinAustin, TX | $580,000 |
| 5 | LubbockTX | $175,000 |
| 6 | IrvingTX | $265,000 |
| 7 | HoustonTX | $230,000 |
| 8 | Highland ParkTX | $1,678,600 |
| 9 | DaytonTX | $204,900 |
| 10 | ManvelTX | $300,200 |
| 11 | Lago VistaTX | $363,200 |
| 12 | RichmondTX | $193,700 |
| 13 | Jacinto CityTX | $120,100 |
| 14 | McKinneyTX | $380,000 |
| 15 | DentonTX | $296,100 |