Apartments in 78721

31 - 51 of 51 Results
53
$1,985
Austin, TX
2 BR | Ask for Availability
Contact
Mlk
27
$2,250
Austin, TX
2 BR | Available Now
Contact
Mlk
23
$1,961 - 2,378
Austin, TX
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
53
$1,655
Austin, TX
1 BR | Ask for Availability
Contact
Mlk
40
$1,574 - 2,414
Austin, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
40
Call for Pricing
Austin, TX
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
1
$1,699
Austin, TX
2 BR | Available Now
Contact
Disability Access
Dishwasher
Mlk
10
$1,392
Austin, TX
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
Mlk-183
24
$3,695
Austin, TX
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Ed Bluestein
35
$3,199
Austin, TX
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
40
$1,671
Austin, TX
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
37
$1,710 - 3,004
Austin, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
39
$952 - 1,015
Austin, TX
1 - 8+ BR | Ask for Availability
Contact
Johnston Terrace
1
$3,400
1107 Estes Ave Austin, TX
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$3,199
Austin, TX
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,950
1717 Bunche Rd Austin, TX
3 BR | Jul. 9, 2026
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
Mlk-183
1
$2,550
Austin, TX
3 BR | Aug. 10, 2026
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
Mlk-183
17
$1,350
1050 Springdale Rd Austin, TX
3 BR | Available Now
Contact
Income Restricted
Air Conditioning
Balcony/Deck/Patio
Storage
Dishwasher
$3,400
Apt 3114, 2001 Ed Bluestein Blvd Austin, TX
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
19
$1,250
Austin, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
1
$1,525
1311 E M Franklin Ave Austin, TX
2 BR | Ask for Availability
Contact
Air Conditioning
Dishwasher
Mlk
31 - 51 of 51 Results
  1. Home
  2. Austin
  3. 78721

How much does it cost to rent an apartment in 78721?

78721 apartments
Bed Type Average Rent Range
Studio $1,340 $1,250 - $1,860
1BR $1,750 $1,480 - $1,960
2BR $2,250 $1,670 - $3,080
3BR $2,510 $1,350 - $4,390
4+BR $3,220 $2,750 - $3,700
Find an Apartment in 78721
Are you searching for apartments for rent in the 78721 zip code of Austin, TX? Rentable is here to help you find your new home! Currently, there are 182 units available for rent in this area. The average rent in 78721 is $1,890, and you can find studio units starting at $1,241.

If you're wondering which neighborhoods are popular in 78721, look no further than Johnston Terrace, Mlk, and Oak Springs. Living in these neighborhoods will provide you with easy access to various parks, community amenities, and nearby points of interest, making your living experience even more enjoyable.

So, if you're looking for apartments near 78721 in Austin, TX, explore Rentable's listings and discover the perfect rental that suits your needs. Start your search today and find your dream home in the vibrant city of Austin.

Austin:
June Rent Report

Welcome to the June 2026 Austin Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2026 key findings and figures for the Austin rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Austin and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Austin average rent prices in the chart below.

Monthly Rent Report

$1,950
$1,460
$980
$490
$0
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
Apr. 2026
May. 2026
Jun. 2026
1 BR       2 BR

Austin Rent Prices Decrease From May to June

Austin rent prices decreased over the last month. From May to June, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Austin one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from May to June, Austin experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Austin two-bedroom apartments currently stands at $.

June Prices: Austin vs. Surrounding Areas

Rent Prices in Austin and Surrounding Areas

Rent prices have decreased in Austin over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Austin suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Austin suburbs

  • Rents did not decrease in any of the Austin suburbs.

June 2026 Pricing Trends: Austin vs. National Comparisons

Austin Rent Prices More Affordable Than Major Cities

Rent growth in Austin over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Austin average rent prices appear to be relatively affordable for local residents.

The price for a Austin one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Austin and surrounding area rent prices, take a look at the complete data set below.

Data set for Austin and suburbs

1 BR June 1 BR M/M % Change 2 BR June 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.