Cedar Park, Texas Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Cedar Park, Texas rental market.
Cedar Park, Texas
Average Apartment Rent
$1,394
Y-o-Y Change in Average
Apartment Rent
-6.2%
As of May 2026
Compared to a year ago, Cedar Park, Texas apartments have recorded a -6.2% rent decrease.
Cedar Park, Texas Average apartment rent trend
Cedar Park, Texas Average Apartment Rent
Cedar Park, Texas Apartment rent ranges
At 60.37%, apartments priced $1,000 - $1,500 represent the bulk of Cedar Park, Texas rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.24%.
Cedar Park, Texas Housing tenure**
Renters take up 33% of Cedar Park, Texas real estate, occupying a total of 9,567 units, while homeowners live in 19,197 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$67,736
Average household size of renter-occupied housing units**
2.23
Rental vacancy rate**
2.7%
Cedar Park, Texas Renter-occupied housing units by no. of bedrooms**
There are 2,947 rentals in Cedar Park, Texas with 1 bed making up the highest share of the market, at 31%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 157 units. Overall, the median number of rooms in Cedar Park, Texas homes for rent is 3.9.
Cedar Park, Texas Renter-occupied units by age of householder**
Most condos for rent in Cedar Park, Texas are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 3%.
Cedar Park, Texas Renter-occupied housing units by family type**
Cedar Park, Texas Renter-occupied housing units by the presence of own children**
A total of 4,823 apartments for rent in Cedar Park, Texas, or 50% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 2,540 units. All in all, the median size of a renter-occupied household in Cedar Park, Texas is 2.23.
Cedar Park, Texas Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 45% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Cedar Park, Texas.
Cedar Park, Texas Renter-occupied units by year structure built**
The highest share of Cedar Park, Texas apartment rentals, namely 37% or 3,545 units, were Built 2000 - 2009, followed by those Built 2010 - 2019 (27%, 2,556 units), and the ones Built 1990 - 1999 (19%, 1,808 units).
Cedar Park, Texas Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Cedar Park, Texas renters (43%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Cedar Park, Texas condos for rent is 2019.
Cedar Park, Texas Renter-occupied housing units by vehicles available**
When it comes to transportation options, 48% of Cedar Park, Texas renters have 1 vehicle available per household, 35% of them have 2 vehicles available, and 9% have 3 vehicles available.
Cedar Park, Texas Means of transportation to work of householders living in renter-occupied housing units**
Cedar Park, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Cedar Park, Texas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
