Leander Rental Market Report

City rent trend

Leander rents softened through the last 12 months

Market foundation

Leander has strong northwest Austin growth but meaningful new-rental competition

City population 74,067 to 80,067 Recent public estimates vary by source, but all show a large northwest Austin suburb.

Owner-occupied housing rate 73.4% A high ownership share makes listing quality and tenant fit important.

Apartment average rent $1,544 Public apartment-market snapshot for April 2026.

All-property asking rent $2,150 Public all-property market snapshot from existing city page research.

Demand context MetroRail, Cedar Park, Liberty Hill, Georgetown Commute and lifestyle positioning matter.

Growth profile Fast-growth northwest suburb Growth supports demand, while new supply can affect rent and lease-up timing.

Neighborhood context

Rent varies meaningfully across Leander submarkets

Cedar Park

$1,388

Georgetown

$1,538

Leander

$1,550

Hutto

$1,618

Liberty Hill

$1,995

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 Leander-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

78641 shows why neighborhood and property type matter

Average rent $2,205 All rental property types in the ZIP-level dataset

Median $/sqft $1.17 Average $/sqft: $1.22

Median DOM 24 days Average DOM: 49.93 days

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

Rental listings by property type

Apartment

Condo

Manufactured

Multi-Family

Single Family

603

Townhouse

Bedroom rent check

78641 median rent by bedrooms

Metric	Latest value	Change / context
Studio	$985	7 listings; median DOM 36 days
1 bedroom	$1,070	67 listings; median DOM 36 days
2 bedrooms	$1,549	83 listings; median DOM 90 days
3 bedrooms	$2,050	310 listings; median DOM 22 days
4 bedrooms	$2,400	276 listings; median DOM 18 days
5 bedrooms	$2,950	54 listings; median DOM 24 days
6 bedrooms	$2,400	2 listings; median DOM 52 days

Owner interpretation

What this report changes for Leander owners

Compare by property typeLeander single-family rent signals differ sharply from apartment and condo data.

New supply affects lease-upFast growth can bring both renter demand and competing newer rentals.

Condition drives family-renter fitYard, fence, HVAC, photos, schools, and commute story all matter in Leander positioning.

Renewal decisions need alternativesOwners should compare renewal rent against current Leander, Cedar Park, Georgetown, and Liberty Hill options.

* 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 Leander landlords should use this report

Use this report to compare Leander's citywide rent movement with ZIP-level property type and bedroom data before setting rent or making renewal decisions.

The report is most useful when paired with property-specific comps. A newer single-family home, a townhome, and an apartment-style unit can all respond differently to the same broad northwest Austin market conditions.

Frequently asked questions about the Leander rental market

Are Leander rents going up or down?

The city-level rent data used in this report shows Leander's rental index slightly lower year over year as of March 2026. Individual property performance depends on condition, location, property type, and current competition.

Why should Leander owners compare single-family and apartment data separately?

Apartment averages and single-family rental metrics measure different inventory. A rent recommendation should compare similar properties before using citywide averages.

Why include ZIP-level data for 78641?

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

Can IMC Capital estimate rent for my Leander rental property?

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