Travis County, Texas Housing Market Prices
Travis County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 35% above the Texas median More expensive than 87% of counties in Texas$348,613
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Median rent 25% above the Texas median$1,748
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Travis County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $348,613 | $258,873 | $248,835 |
| Price Trend (Annual %) | 4.6% | 9.2% | 7.5% |
| Median Gross Rent | $1,748 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 5.7% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Travis County is about 35% higher than in Texas. Rent is about 25% higher than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Travis County, up about 4.6% and 5.7% a year respectively. Rent is changing faster.
Median rent in Travis County rose about 64.8% between 2015 and 2024, from $1,061 to $1,748. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.5 yearly household incomes in Travis County.
Buying the median-priced home in Travis County costs roughly 16.6 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Travis County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Travis County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $348,613 | $258,873 | $248,835 |
| Median Household Income | $100,128 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.5 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Travis County rose about 72.0%, while median household income rose about 75.3% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Travis County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 49.3% | 56.7% | 58.5% |
| Rental Rate | 45.1% | 33.9% | 31.2% |
| Vacancy Rate | 5.6% | 9.4% | 10.2% |
| Median Tenure (years) | 12.0 | 14.0 | 15.0 |
| Median Year Moved In | 2014 | 2012 | 2011 |
Travis County has a homeownership rate of 49.3%, lower than the Texas average of 56.7%. Its housing vacancy rate is 5.6%, compared with 9.4% in Texas.
Housing Stock
| Metric | Travis County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.23 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1996 | 1990 | 1978 |
| Median Number of Rooms | 4.8 | 5.4 | 5.5 |
The typical housing unit in Travis County was built around 1996. On average, 2.2 people live in a home with about 4.8 rooms, staying for about 12.0 years on average.
Travis County, TX Housing Compared With Nearby Counties
Travis County, TX is the largest of the 5 counties compared here, 1,315,315 residents against a local median of 187,610. Where Travis County, TX breaks from the counties next to it is homeownership, sitting 27% below the local median of 71.3% at 52.2%. That is the weaker end of the local range on this measure.
Median rent tells the same story from another angle: $1,748 against a local median of $1,452, 20% above it. The counties themselves spread 12.3% on homeownership, so Travis County, TX sits at one end of an already wide local range rather than apart from it. Travis County, TX has the 5th highest homeownership of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Travis County, TX | 1,315,315 | $348,613 #4/5 | $1,748 #2/5 | 52.2% #5/5 |
| Williamson County, TX | 671,548 | $411,695 | $1,796 | 66.4% |
| Hays County, TX | 268,638 | $488,757 | $1,494 | 64.1% |
| Bastrop County, TX | 106,582 | $366,980 | $1,410 | 76.5% |
| Burnet County, TX | 52,652 | $315,151 | $1,319 | 76.3% |
Frequently Asked Questions
Common questions about the housing market in Travis County, Texas.
What is the median home price in Travis County, Texas?
The median home price in Travis County, Texas is $348,613, higher than the Texas average of $258,873.
What is the average home price in Travis County, Texas?
The typical home price in Travis County, Texas, reported as the median sale price, is $348,613. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Travis County, Texas?
The median gross rent in Travis County, Texas is $1,748 per month, higher than the Texas average of $1,402.
What was the median gross rent in Travis County in 2020?
In 2020, the median gross rent in Travis County, Texas was $1,352 per month.
What is the price-to-rent ratio in Travis County, Texas?
The price-to-rent ratio in Travis County, Texas is about 16.6, meaning it would take roughly 16.6 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Travis County.
Are home prices or rent rising faster in Travis County, Texas?
Both home prices and rent are rising in Travis County, up about 4.6% and 5.7% a year respectively. Rent is changing faster.
What is the homeownership rate in Travis County, Texas?
49.3% of households in Travis County, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Travis County, Texas?
The housing vacancy rate in Travis County, Texas is 5.6%, lower than the Texas average of 9.4%.
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