Austin, Texas

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Connect with experienced property management professionals who know the Austin rental market inside and out.

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210
Managers in Austin
$2,100
Average Rent
4.8/5
Average Manager Rating

Austin Rental Market Overview

Current market trends and statistics to help you make informed property management decisions

Annual Rent Growth
+9.1%
Year over year
Vacancy Rate
5.3%
Current market
Days on Market
19
Average rental
1BR Median
$1,800
Per month

Median Rents by Bedroom Count

1 Bedroom
$1,800
2 Bedrooms
$2,400
3 Bedrooms
$3,200

Key Economic Drivers in Austin

Technology
Government
Education
Live Music & Entertainment
Healthcare

These industries drive rental demand and influence the types of tenants seeking housing in Austin.

Why you need a local Austin property manager

Local Market Knowledge

Austin has unique rental market dynamics, neighborhood characteristics, and tenant expectations. A local property manager understands competitive rental rates in different Austin neighborhoods, seasonal demand patterns, and the types of amenities tenants expect in this market.

Regulatory Compliance

Austin and Texas have specific landlord-tenant laws, registration requirements, and safety regulations. Local property managers stay current with these regulations and ensure your property remains compliant, protecting you from potential legal issues.

Quick Response Times

When maintenance issues arise or tenant concerns need addressing, having a property manager physically located in Austin means faster response times and better on-site oversight of your investment property.

Popular Austin neighborhoods we serve

Each neighborhood has unique characteristics and rental dynamics. Our property managers know them all.

East Austin

$1,900–$3,200

Has transformed from an overlooked working-class district into one of the city's most sought-after rental submarkets, driven by an influx of tech workers, creatives, and young professionals drawn to its walkable streets, independent restaurants, and proximity to downtown. Investors benefit from a mix of older bungalows with ADU potential, new infill construction, and strong rent growth in a supply-constrained environment.

Best For:
Young professionals and tech workers; ADU conversion plays; long-term appreciation

South Congress (SoCo)

$1,850–$3,000

Anchors one of Austin's most recognizable neighborhoods, blending iconic retail and dining with a dense residential fabric of mid-century bungalows, duplexes, and newer townhomes. Rental demand is exceptionally stable due to walkability, close proximity to downtown and Lady Bird Lake, and a tenant base that skews toward established professionals willing to pay a premium for lifestyle convenience.

Best For:
Stable long-term tenants; duplex and small multifamily investors

Hyde Park

$1,700–$2,800

Austin's oldest planned suburb — now a quiet, tree-canopied neighborhood just north of UT Austin — known for its Craftsman bungalows, wide porches, and historic character. Its tenant pool includes a reliable mix of university faculty, graduate students, and medical professionals from Seton Medical Center, producing low vacancy rates and consistent demand even during market softening.

Best For:
Risk-averse investors seeking low vacancy; faculty and graduate student tenants

Mueller

$2,100–$3,500

A master-planned redevelopment of Austin's former municipal airport, offering newer construction, walkable town center amenities, parks, and easy access to both downtown and the tech corridor. The neighborhood attracts high-income professionals and young families who prize modern construction and green spaces, making it one of the most landlord-friendly submarkets for hands-off investors.

Best For:
Turnkey investors; high-income families and dual-income professional households

The Domain / North Austin

$1,950–$3,400

The Domain has evolved into a live-work-play district anchored by Apple's 3-million-square-foot campus, along with major offices for Amazon, Indeed, Visa, and Meta, creating intense rental demand from a high-earning, highly mobile tech workforce. Apartments and newer single-family rentals in the surrounding North Austin submarkets command strong rents and low vacancy.

Best For:
Tech-sector tenant demand; corporate relocation renters

Zilker

$2,800–$5,500

One of Austin's most prestigious and permanently supply-constrained neighborhoods, bordered by Barton Creek Greenbelt, Lady Bird Lake, and Zilker Park — home to Austin City Limits Music Festival. Single-family rentals here are rare, command significant premiums, and attract high-net-worth tenants including senior executives and long-term Austin residents.

Best For:
Premium single-family rentals; high-net-worth tenants; low-inventory appreciation play

Bouldin Creek

$1,800–$2,950

Sits between South Congress and South Lamar, offering one of Austin's densest concentrations of independently owned bungalows, cottages, and small multifamily buildings with strong neighborhood character and walkability. Healthy demand for both standard leases and properties with accessory units, and benefits from proximity to downtown without downtown-level land costs.

Best For:
Bungalow and cottage investors; ADU development; creative professional tenants

Cedar Park

$1,750–$2,700

One of the fastest-growing suburbs in the Austin metro, located roughly 20 miles northwest along the US-183A toll corridor, attracting significant single-family rental demand from families priced out of central Austin who still require access to tech campuses and major employers. Investors benefit from newer construction stock, strong Leander ISD school ratings, and a family tenant demographic with longer average lease tenures.

Best For:
Family-oriented rentals; newer construction investors; longer lease terms

Round Rock

$1,600–$2,500

Anchors the northern Austin metro and is home to Dell Technologies' global headquarters along with a growing cluster of logistics, healthcare, and manufacturing employers, underpinning durable rental demand independent of downtown Austin's tech cycle. Offers some of the best cap rates in the Austin MSA, with lower acquisition costs and a tenant pool of working families and corporate relocatees.

Best For:
Cash-flow-focused investors; corporate relocatees; family rentals near major suburban employers

And many more neighborhoods throughout Austin

Austin Rental Regulations

Stay compliant with local landlord-tenant laws. Our property managers are experts in Texas regulations.

Rent Control

No

Landlord Licensing

Short-term rental registration required

Security Deposit Limits

No statutory limit

Entry Notice Requirements

24 hours notice required

Special Ordinances & Requirements

  • Short-term rental Type 2 license for whole units
  • Austin Tenant Council active advocacy
  • Booming tech market driving rapid changes

Why this matters: Professional property managers stay current with all Austin and Texas regulations, protecting you from costly compliance violations and legal issues.

How to get started

Finding a property manager in Austin is simple with Rental Manager Match

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What Austin property owners say

Real owners who found their property manager through Rental Manager Match

I bought a 1940s bungalow in East Austin with a detached garage apartment and had no idea how to manage two separate tenants while working full-time. Our property manager handled everything — separate leases, individual maintenance requests, even the ADU's utility sub-metering. The property cash flows better than I expected, and I haven't had a single vacancy longer than two weeks in three years.
Marcus T.
East Austin
Bungalow with detached ADU
After trying to self-manage my Mueller craftsman for a year, I was burned out chasing lease renewals and coordinating AC repairs in the middle of August. Handing it off to a professional manager was the best decision I made as a landlord. They renegotiated my tenant's lease at a 9% rent increase, handled the city's rental inspection, and now I just get a direct deposit every month.
Jennifer R.
Mueller, Austin
Craftsman single-family home
We relocated to Denver for work but kept our South Congress duplex as a long-term investment. Managing it remotely was a nightmare until we found a local property management company through this site. They vetted tenants using income-to-rent ratios I never would have enforced on my own, and when one unit turned over, they had it re-leased within 11 days at $150 more per month than we'd been charging.
David & Sarah K.
South Congress, Austin
Duplex

Frequently asked questions

Common questions about property management in Austin

Does Austin or Travis County have rent control laws?

No. Texas Local Government Code Section 214.902 explicitly preempts local rent control ordinances statewide, meaning no Texas city — including Austin — can cap rent increases. Landlords may raise rents to market rate at the end of any lease term with proper written notice (typically 30 days for month-to-month tenancies). This makes Austin a landlord-friendly market compared to cities in California or New York.

What are typical property management fees in Austin?

Austin property managers generally charge a monthly management fee of 8–12% of collected rent for full-service residential management, with 10% being the most common rate for single-family homes. On top of that, expect a leasing or placement fee of 50–100% of one month's rent when a new tenant is placed. Additional fees may include a lease renewal fee ($150–$300), maintenance coordination markups (typically 10%), and an onboarding fee ($100–$250).

What key Texas Property Code provisions should Austin landlords know?

Texas Property Code Chapter 92 governs residential tenancies. Landlords must return security deposits within 30 days of lease termination and provide an itemized written deduction statement; failure to comply can result in liability for three times the portion of the deposit wrongfully withheld, plus a $100 penalty and attorney's fees. Landlords are required to make repairs that materially affect health or safety within a reasonable time after written notice. Texas also mandates working smoke detectors, carbon monoxide detectors, deadbolt locks, and window latches. Austin property managers must hold an active TREC broker's or salesperson's license.

Can I rent out an Accessory Dwelling Unit (ADU) on my Austin property?

Yes. Austin significantly relaxed its ADU regulations in recent years, allowing ADUs on most single-family lots citywide. Detached ADUs up to 1,100 square feet are permitted on lots as small as 2,500 square feet (reduced from 5,750 sq ft under Austin's 2024 HOME initiative), and attached ADUs or internal conversions face even fewer restrictions. There is no owner-occupancy requirement for renting a long-term ADU, making them a powerful cash-flow tool. A property manager experienced in multi-unit Austin properties can handle dual-tenancy, separate lease agreements, and utility sub-metering.

What are Austin's short-term rental (STR) regulations?

Austin requires all STR operators to hold a city-issued license. A Type 1 STR license covers owner-occupied properties; these are generally approvable citywide. A Type 2 license covers non-owner-occupied STRs (investor-owned rentals), and Austin has imposed a moratorium on issuing new Type 2 licenses in most single-family residential zones — effectively blocking new investor-owned Airbnb-style operations in those areas. Investors should verify zoning and confirm license transferability before purchasing, and engage a property manager familiar with Austin's STR compliance requirements, including the 11% city hotel occupancy tax remittance (9% base + 2% venue project tax), plus the separate 6% Texas state hotel occupancy tax.

How does Austin's tech industry affect rental demand?

Austin's emergence as a major tech hub — home to Apple, Tesla, Samsung, Oracle, Google, Meta, and dozens of high-growth startups — has driven sustained demand for quality rental housing, particularly in the $1,800–$3,500/month range. Tech employees typically arrive on 1–2 year relocation packages, favor modern finishes and fast fiber internet, and have the income to qualify easily. Landlords benefit from low default risk and strong rent growth in supply-constrained neighborhoods, though new apartment supply in 2023–2025 caused some softening in Class A multifamily. Single-family and small multifamily rentals near tech campuses have remained resilient.

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