Round Rock, 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 Round Rock, Texas rental market.
Highlights
An apartment for rent in Round Rock, Texas typically goes for $1,637 per month, while a single-family home for rent in Round Rock, Texas has a monthly cost of around $2,900. Renter-occupied units make up 41% of the local housing market, while the rental vacancy rate in Round Rock, Texas is at 6.9.
Round Rock, Texas
Average Apartment Rent in October 2022
$1,637
Y-o-Y Change in Average
Apartment Rent
6.9%
Average Single-Family Rent in October 2022
$2,900
Compared to a year ago, Round Rock, Texas apartments have recorded a 6.9% rent increase.
Round Rock, Texas |Average apartment rent trend
Round Rock, Texas| Average apartment rent
Round Rock, Texas | Apartment rent ranges
At 51.51%, apartments priced $1,500 - $2,000 represent the bulk of Round Rock, Texas rentals, while condos priced $500 - $700 hold the lowest share of the market – 0.12%.
Round Rock, Texas | Housing tenure**
Renters take up 41% of Round Rock, Texas real estate, occupying a total of 17,355 units, while homeowners live in 24,541 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$60,819
Average household size of renter-occupied housing units**
2.83
Rental vacancy rate**
6.9%
Round Rock, Texas | Renter-occupied housing units by no. of bedrooms**
There are 5,925 rentals in Round Rock, Texas with 2 beds making up the highest share of the market, at 34%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 490 units. Overall, the median number of rooms in Round Rock, Texas homes for rent is 4.3.
Round Rock, Texas |Renter-occupied units by age of householder**
Most condos for rent in Round Rock, Texas are occupied by residents in the 35 - 44 years age group (28%), followed by those in the 25 - 34 years age group (28%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 2%.
Round Rock, Texas | Renter-occupied housing units by family type**
Round Rock, Texas | Renter-occupied housing units by the presence of own children**
A total of 10,321 apartments for rent in Round Rock, Texas, or 59% of all rentals are family households. Additionally, 37% of rental homes include children under the age of 18 – that’s 6,444 units. All in all, the median size of a renter-occupied household in Round Rock, Texas is 2.83.
Round Rock, Texas | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 33% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Round Rock, Texas.
Round Rock, Texas | Renter-occupied units by year structure built**
The highest share of Round Rock, Texas apartment rentals, namely 28% or 4,790 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (24%, 4,124 units), and the ones Built 1980 - 1989 (20%, 3,476 units).
Round Rock, Texas | Renter-occupied units by year householder moved in**
Median year renter moved into unit2017
Most Round Rock, Texas renters (57%) moved in 2015 to 2016, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Round Rock, Texas condos for rent is 2017.
Round Rock, Texas | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 44% of Round Rock, Texas renters have 1 vehicle available per household, 40% of them have 2 vehicles available, and 10% have 3 vehicles available.
Round Rock, Texas | Means of transportation to work of householders living in renter-occupied housing units**
Round Rock, Texas |Geographical mobility in the past year for householders living in renter-occupied housing units**
Round Rock, Texas | Average apartment rent by zip codes
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 Round Rock, 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, 2020 American Community Survey 5-Year Estimates
