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Rent in ZIP code 78701, Austin, TX
HUD's Fair Market Rent for this one ZIP code, about 0.2 miles from downtown Austin, as of October 2026.
A 1-bedroom in 78701 is $2,300 a month on HUD's FY2027 Small Area Fair Market Rent, utilities included, 33% above the downtown Austin median of $1,730. Studios run $2,170, 2-bedrooms $2,730. Listings in the ZIP ask $3,104 on Zillow's index.
- Studio
- $2,170HUD, utilities in
- 1 bedroom
- $2,300HUD, utilities in
- 2 bedroom
- $2,730HUD, utilities in
- 3 bedroom
- $3,440HUD, utilities in
- Asking rent
- $3,104Zillow, all homes
- Rank near downtown
- 9of 9cheapest first
Rent by bedroom in 78701
Every ZIP code near downtown Austin
| ZIP | Studio | 1 bedroom | 2 bedroom | 3 bedroom | Zillow asking |
|---|---|---|---|---|---|
| 78701 | $2,170 | $2,300 | $2,730 | $3,440 | $3,104 |
| 78702 | $1,940 | $2,050 | $2,440 | $3,080 | $2,096 |
| 78703 | $1,940 | $2,050 | $2,440 | $3,080 | $2,492 |
| 78704 | $1,630 | $1,730 | $2,050 | $2,590 | $1,912 |
| 78705 | $1,490 | $1,570 | $1,870 | $2,360 | $1,864 |
| 78712 | $1,630 | $1,720 | $2,050 | $2,590 | n/a |
| 78722 | $1,620 | $1,720 | $2,040 | $2,570 | $1,766 |
| 78741 | $1,430 | $1,510 | $1,790 | $2,260 | $1,399 |
| 78746 | $1,780 | $1,890 | $2,240 | $2,830 | $1,905 |
ZIP codes that touch a 2-mile circle around downtown. Source: HUD Small Area Fair Market Rents FY2027, read Oct 2026. The city page has walkability, internet, transit, weather and everything else: Austin, TX for digital nomads.
Questions people ask
How much is rent in ZIP code 78701?
As of October 2026, HUD's FY2027 Small Area Fair Market Rent for ZIP 78701 is $2,170 for a studio, $2,300 for a 1-bedroom, $2,730 for a 2-bedroom and $3,440 for a 3-bedroom, utilities included. That is the 40th-percentile rent paid by recent movers. Zillow's Observed Rent Index for the ZIP, which reflects what listings ask today across all home types, is $3,104 (Aug 2026).
Is 78701 cheaper than the rest of downtown Austin?
No, it is 33% more. The median 1-bedroom across the 9 ZIP codes within 2 miles of downtown Austin is $1,730; 78701 ranks 9 of 9, cheapest first. Across the whole metro area HUD's figure is $1,530, 33% less than this ZIP.