Median rent in Austin in August 2022 was $2,930 per month. In New York City, it was $3,021 per month.
AUSTIN, Texas — On top of inflation and expensive gas in 2022, if you rent your home, you're probably feeling the financial strain. This is particularly true in the Texas capital.
According to Dwellsy, a rental company, among the largest U.S. cities, Austin, Texas, experienced the sharpest increase in rent, with rental prices doubling since this time last year. Austin is also one of the most expensive cities by single-family home rental prices, coming in at No. 8 in the United States.
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