Austin
Texas · Ranked #73 of 102 metros
35Crisis
Median Home Price
🏠$480K
Need $138K income
Median Rent
🔑$2K
Need $64K income
Housing Shortage
📉35,000
units needed
Building Permits
🔨25,000
annual
Median Income
💰$78K
Pop: 2,295,303
Rent Burden
⚠️32.5%
of renters paying >30%
Price Change (YoY)
📈-1.5%
Homeownership
🏡56.5%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Austin | National |
|---|---|---|
| Price-to-Income Ratio | 6.1x | 6.1x |
| Rent Burden | 32.5% | 31.5% |
| Homeownership Rate | 56.5% | 65.5% |
| YoY Price Change | -1.5% | +3.5% |
| YoY Rent Change | -2% | +2.8% |
| Mortgage Denial Rate | 12.0% | 13.5% |
| Eviction Rate | 4.5% | 3.6% |