Cedar Park Rental Market Report

City rent trend

Cedar Park rents softened through the last 12 months

Market foundation

Cedar Park has strong suburban fundamentals but current rent competition matters

City population 78,301 Estimated residents in 2024.

Owner-occupied housing rate 66.7% A high ownership base makes rental presentation and tenant fit important.

Median gross rent $1,753 Longer-term Census rent context for 2019-2023.

Apartment average rent $1,377 Public apartment-market snapshot for 2026, down from $1,476 the prior year.

Economic context Healthcare, aerospace, retail, mixed-use Major employers and development help support long-term rental demand.

Regional position Northwest Austin suburb Renters often compare Cedar Park with Leander, Round Rock, Georgetown, and northwest Austin.

Neighborhood context

Rent varies meaningfully across Cedar Park submarkets

Cedar Park

$1,388

Round Rock

$1,419

Georgetown

$1,538

Leander

$1,550

Hutto

$1,618

Metro context

The broader Austin area is tracking a similar pattern

Dec '25

$1,608

Jan '26

$1,607

Feb '26

$1,614

Mar '26

$1,621

Apr '26

$1,629

May '26

$1,635

The metro index ended at $1,635, down -2.2% year over year and -9% from the same month three years earlier.

Leasing activity

Current Cedar Park-area leasing snapshot

Metric	Latest value	Change / context
Number of leases	575	-19.2% from last year MTD
Median lease	$2,200	0.0% from last year MTD
Average rent per square foot	$1.17	1.1% from last year MTD
Total lease volume	$1.35M	-18.2% from last year MTD
Median days on market	17 days	4 days lower than last year MTD
New rental listings	832	-17.8% from last year MTD
New pendings	680	6.6% from last year MTD
Original list to close	99.4%	1.15% from last year MTD

Neighborhood-level rent detail

78613 shows why neighborhood and property type matter

Average rent $2,166 All rental property types in the ZIP-level dataset

Median $/sqft $1.25 Average $/sqft: $1.3

Median DOM 19 days Average DOM: 36.87 days

ZIP-level rental data is useful for property-type splits, bedroom splits, rent per square foot, and listing-count context. For Cedar Park, it helps explain why a citywide number should not replace submarket comps.

Rental listings by property type

Apartment

104

Condo

Multi-Family

Single Family

314

Townhouse

Bedroom rent check

78613 median rent by bedrooms

Metric	Latest value	Change / context
Studio	$997	10 listings; median DOM 34 days
1 bedroom	$1,115	74 listings; median DOM 36 days
2 bedrooms	$1,549	43 listings; median DOM 46 days
3 bedrooms	$2,150	221 listings; median DOM 18 days
4 bedrooms	$2,750	99 listings; median DOM 16 days
5 bedrooms	$3,500	24 listings; median DOM 10 days
6 bedrooms	$4,500	2 listings; median DOM 10 days

Owner interpretation

What this report changes for Cedar Park owners

Price against current alternativesCedar Park has strong appeal, but city rent trend data shows current-year softness versus prior periods.

Separate apartment and house signalsBroad apartment rent context and ZIP-level single-family rent data tell different stories, so owners should compare like-for-like.

Condition is part of the rent strategyCedar Park renters compare condition, commute, schools, amenities, and neighborhood fit closely.

Renewals should account for competitionWhen rent indicators soften, renewal offers should balance market alternatives, vacancy risk, and tenant quality.

* IMC Capital sources data from multiple online references like Zillow Research, Unlock MLS, RentCast, and more. Report data is directional and should be reviewed with current property-level comps before making pricing decisions. Compare this city with other supported markets in Explore Central Texas Markets.

How Cedar Park landlords should use this report

Use this report to compare Cedar Park's city rent movement, local leasing pressure, and ZIP-level property-type signals before setting rent or making renewal decisions.

The strongest use case is practical: price against current alternatives, prepare the property before listing, compare renewal rent to vacancy risk, and separate apartment-market context from single-family rental comps.

Frequently asked questions about the Cedar Park rental market

Are Cedar Park rents going up or down?

The city-level rent data used in this report shows Cedar Park's rental index lower year over year as of March 2026. That does not mean every property should reduce rent, but it does mean owners should validate pricing against current comps.

Why can apartment rent context differ from single-family rental pricing?

Apartment averages, single-family homes, condos, and townhomes measure different rental pools. A Cedar Park rent recommendation should compare similar properties.

Why include ZIP-level data for 78613?

ZIP-level rental metrics help show property type, bedroom count, rent per square foot, listing counts, and days on market in a way citywide data cannot.

Can IMC Capital estimate rent for my Cedar Park rental property?

Yes. IMC Capital offers a free market analysis to help owners review rent potential, competing listings, property condition, and next steps.