Market report

Austin, TX short-term rental market report (2026)

Travis County, Texas. Rules, revenue, home values, demand, climate, reach and risk, each figure with its source.

45/100 Opportunity Score#60of 88 tracked markets by annual revenue
  • RulesModerate (3/5)
  • Average revenue$51K a year
  • 4-BR typical value$576K
  • Gross yield8.8%
  • FEMA riskRelatively High
  • Demand drivers within 50 mi5
Data as of September 21, 2026 County figures: Travis County

Everything STR HUB holds on Austin, TX in one place, in the order an investor needs it: whether you can operate, what the numbers are, why and when people come, who can reach it, and what could go wrong.

Every figure comes from a named dataset listed under Sources and method, dated September 21, 2026. Where we do not hold a figure, that part of the report is left out rather than estimated.

Can you operate in Austin?

3/5 Moderate

Austin's short-term rental rules rate 3 out of 5 (Moderate), on a scale from 1 (relaxed) to 5 (very strict). This rating was set by STR HUB's regulation research and has been reviewed by a person.

What the rating rests on: Type 1 and Type 2 permits required. Type 2 restricted in some residential zones.

Short-term rental rules on file for Austin, TX
RuleWhat we hold on file
Permit or licenceSTR License required (Type 1, 2, or 3)
Occupancy limitBased on fire code
Minimum stayNone
ZoningRestricted in some residential areas
Lodging and sales taxes15% Hotel Occupancy Tax
PenaltiesUp to $2,000/violation

Operating restrictions on file

  • Type 2 licenses capped in residential areas
  • Must display license number on listings
  • Annual renewal required

Rules change, and a city rating does not cover HOA or deed restrictions. Confirm current requirements with the jurisdiction before you buy or list.

The numbers

Revenue

Average annual revenue
$51,000
Texas tracked-market median: $51K
Average nightly rate
$225
Texas median: $225
Occupancy
62%
Texas median: 62%
National revenue rank
#60
of 88 tracked markets with revenue data

Gross market averages from STR HUB market analytics, the same figures shown on the market page. They are before cleaning, management, utilities, taxes and financing, and an individual property can earn more or less.

Home values in Travis County

Typical 4-bedroom home
$576,339
Texas statewide: $395K
Typical home, all sizes
$466,106
Texas statewide: $299K
One-year change, all homes
-4.0%
Texas statewide: -1.6%

Zillow Home Value Index: county-wide typical values for Travis County, not list prices. A specific property can sit well above or below them.

Gross yield

8.8%
$51,000 ÷ $576,339 = 8.8%Average annual revenue divided by the county's typical 4-bedroom home value. The median across tracked Texas markets with revenue data is 10.7%.

Gross yield is before every operating cost and before financing. It is a screening ratio, not a cash-on-cash return.

What it costs to own

Effective property tax rate
1.61%
county median taxes paid divided by median home value, owner-occupied homes
Estimated annual tax, typical 4BR
$9,279
county effective rate times the typical 4-bedroom value; not a bill
Estimated annual tax, typical home
$7,504
county effective rate times the typical home value; not a bill
Expected annual hazard loss
$108
per $100,000 of building value (FEMA, county average); not an insurance premium

Screening figures, not a bill or a quote. The tax rate is a county-wide median for owner-occupied homes (U.S. Census Bureau, ACS 2018-2022); second homes and rentals are often taxed more heavily, and a purchase usually resets the assessed value. Expected annual loss is from the FEMA National Risk Index.

Housing market momentum

Momentum
Steady
score 47 of 100, relative to the other tracked markets

County-level, for-sale housing market: it says nothing directly about STR bookings. A relative ranking among tracked markets, not a forecast. Sources: Realtor.com Economic Research, U.S. Census Bureau, Zillow Home Value Index.

Why people come

5 demand drivers sit within 50 miles of Austin. Ordered by published attendance. Attendance appears only where a source publishes it.

Events

  • Austin City Limits Music Festival
    festival · Austin, TX · 1 mi from Austin
    When
    Two consecutive 3-day weekends in October (Zilker Park)
    Attendance
    450,000 (450,000 over six days across both weekends (2025); daily capacity is about 75,000.)
    STR angle
    Two October weekends drive one of Austin's strongest non-SXSW STR demand spikes, on top of $534.8M in one-year economic activity for the city.
  • Formula 1 United States Grand Prix (Circuit of the Americas)
    motorsport · Austin, TX · 11 mi from Austin
    When
    October race weekend, 3 days
    Attendance
    440,000 (About 440,000 across the 3-day weekend, with 150,000+ on race day (2022, a North American F1 attendance record, per Wikipedia); more recent 2024/2025 totals were not independently verified in this pass.)
    STR angle
    The largest single motorsport weekend in Austin's calendar, driving some of the highest STR rates of the year across the metro.
  • South by Southwest (SXSW)
    festival · Austin, TX · 0 mi from Austin
    When
    March, roughly 9-10 days (Austin Convention Center + citywide venues)
    Attendance
    345,066 (Approx. 345,066 total participation across SXSW Conference & Festivals plus SXSW EDU (2023); this is combined conference+festival registration, not a single-venue headcount.)
    STR angle
    A ten-day, citywide conference-and-festival that books out Austin hotels and STRs well in advance every March, independent of the music-festival calendar.
  • MotoGP Grand Prix of the Americas (COTA)
    motorsport · Austin, TX · 11 mi from Austin
    When
    Spring (recent editions in March/April)
    STR angle
    A second annual international motorsport weekend at COTA (alongside F1) that adds a spring STR demand spike distinct from October's F1 weekend.

Attractions

  • NLand Surf Park
    surf park · Del Valle (Austin), TX · 11 mi from Austin
    When
    Year-round (historically)
    STR angle
    Not currently a demand driver; included as a cautionary example - Austin's original surf park never achieved sustained operation, while Waco Surf (90 min away) has become the region's actual surf-tourism draw.

When they come

Winter-sun climate: at least three comfortable months fall between November and March, and summer highs top 95°F, so winter is the pleasant season. 8 of 12 months have an average high between 60°F and 88°F. Warmest month: August (average high 97°F). Coldest: February (average low 43°F).

  1. Jan62°44°Comfortable
  2. Feb63°43°Comfortable
  3. Mar74°54°ComfortableEvent
  4. Apr79°59°ComfortableEvent
  5. May85°68°Comfortable
  6. Jun92°74°Hot
  7. Jul96°77°Hot
  8. Aug97°78°Hot
  9. Sep92°73°Hot
  10. Oct82°62°ComfortableEvent
  11. Nov69°51°Comfortable
  12. Dec66°47°Comfortable
Monthly climate normals and event months for Austin, TX
MonthJanFebMarAprMayJunJulAugSepOctNovDec
Average high (°F)626374798592969792826966
Average low (°F)444354596874777873625147
Precipitation (in)3.42.93.15.88.24.32.43.93.14.83.32.3
Snowfall (in)0.41.00.00.00.00.00.00.00.00.00.00.0
Sunshine (hours a day)7.26.87.68.79.411.111.911.610.59.07.17.0
Event monthNoNoYesYesNoNoNoNoNoYesNoNo

Event months within 50 miles

  • March: South by Southwest (SXSW) and MotoGP Grand Prix of the Americas (COTA)
  • April: MotoGP Grand Prix of the Americas (COTA)
  • October: Austin City Limits Music Festival and Formula 1 United States Grand Prix (Circuit of the Americas)

This is climate and events, not booking data. Monthly normals are 2019-2023 averages from the Open-Meteo Historical Weather API (ERA5 reanalysis) at the market pin. Event months come from the demand drivers listed above. We do not hold monthly occupancy or rate data for this market.

Who can reach it

People within 150 miles
13.5 million
roughly a 2.5 to 3 hour drive
People within 300 miles
28.3 million
roughly a 5 hour drive

Largest counties within 150 miles

Largest counties by population within 150 miles of Austin, TX
CountyPopulation
Harris County, TX4,726,177
Bexar County, TX2,014,059
Travis County, TX1,289,054

County populations (U.S. Census Bureau, ACS 2018-2022) summed for every county whose centre lies within each straight-line radius. Straight lines are shorter than roads, so read these as generous upper bounds, not drive-time counts.

What could go wrong

FEMA National Risk Index
Relatively High
overall rating for Travis County
Risk score
97.7
of 100, a national percentile: higher means more risk than more U.S. counties
Highest-scoring hazards
Tornado, Hail
of the hazards we track for Travis County
FEMA National Risk Index hazard ratings for Travis County
HazardFEMA ratingScore (0-100)
TornadoVery High99.7
HailVery High99.4
River floodingRelatively High98.3
WildfireRelatively Moderate90.8
Winter weatherRelatively Moderate80.4
HurricaneRelatively Low77.1
EarthquakeVery Low53.5

This is a county-level index, not an insurance quote or a flood-zone determination. A coastal or wildfire-fringe rental can carry far more exposure than its county average suggests. FEMA does not model coastal flooding for this county, which is not the same as zero risk. Get property-level flood, wind and wildfire quotes before you buy.

Market context

Housing and jobs in Travis County

Vacation-home share
1.1%
Texas statewide: 1.8%
Homes with 4+ bedrooms
21.2%
Texas statewide: 23.1%
Jobs in tourism industries
9.0%
Texas statewide: 8.7%

U.S. Census Bureau, American Community Survey 2018-2022. Vacation-home share is housing units held for seasonal, recreational or occasional use. All three describe the whole county, not one town or neighbourhood.

What is within 15 km of the Austin pin

Amenity score
93
of 100, relative to the other tracked markets
Restaurants, cafes and bars
1,505
Attractions
99
Outdoor features
512
Hotels, motels and resorts
211
competing lodging, not counted in the amenity score

Counts of features mapped in OpenStreetMap within 15 km of the market pin. A fixed radius favours dense metros, and map coverage varies by area.

Similar markets

The 4 tracked markets whose numbers sit closest to Austin's. Each links to its own report.

Closest by normalised distance across the figures both markets hold (typical 4BR value, revenue, occupancy, regulation rating, vacation-home share, tourism job share, 4+ bedroom share, amenity score, population within 300 miles, comfortable months and FEMA risk score). At most 2 of the 4 come from Texas, so the list is not just the neighbours. Similar numbers do not mean similar rules: check each market's regulation section.

See Austin on the map

Open Austin on the National STR Map to see it against its neighbours, switch overlays and run the deal calculator on your own assumptions.

Austin STR questions, answered from the data

Is Airbnb legal in Austin?

STR HUB rates Austin's short-term rental rules 3/5 (Moderate) on a scale from 1 (relaxed) to 5 (very strict). Permit rule on file: STR License required (Type 1, 2, or 3) Rules change, so confirm current requirements with the local jurisdiction before you buy or list.

How much does an Airbnb make in Austin?

The average short-term rental in Austin, TX grosses $51,000 a year, on a $225 average nightly rate and 62% occupancy. That ranks #60 of the 88 tracked markets with revenue data. It is a gross market average before cleaning, management, taxes and financing, and an individual property can earn more or less.

How much does a 4-bedroom home cost in Austin?

The typical 4-bedroom home in Travis County is valued at $576,339 (Zillow Home Value Index), and the typical home of any size at $466,106, with all-home values down 4.0% over the past year. These are county-wide typical values, not list prices.

What is the gross rental yield in Austin?

8.8%: average annual short-term rental revenue of $51,000 divided by the county's typical 4-bedroom home value of $576,339. It is before every operating cost and before financing, so treat it as a screening ratio, not a cash-on-cash return.

What brings visitors to Austin?

5 demand drivers sit within 50 miles of Austin, including Austin City Limits Music Festival (450,000 published attendance), Formula 1 United States Grand Prix (Circuit of the Americas) (440,000 published attendance) and South by Southwest (SXSW) (345,066 published attendance). Attendance is shown only where a source publishes it, and each driver's source is linked in the report.

Sources and method

  • Regulation summary and strictness rating: STR Agent HUB regulation research.
  • Revenue, nightly rate and occupancy: STR Agent HUB market analytics.
  • Home values: Zillow Home Value Index (ZHVI), county level. Data provided by Zillow Group.
  • Housing, employment and population figures: U.S. Census Bureau, American Community Survey (ACS) 5-year estimates, 2018-2022.
  • Natural hazard risk: FEMA National Risk Index, county level.
  • Amenity counts: © OpenStreetMap contributors.
  • Climate normals: Open-Meteo Historical Weather API (CC BY 4.0), 2019-2023 averages.
  • Demand drivers: each entry links its own published source in the list above.

Figures come from the STR HUB national dataset dated September 21, 2026 and this page is regenerated whenever that dataset is rebuilt. County-level figures describe Travis County as a whole, not one street or neighbourhood. The Opportunity Score (0-100) is a screening heuristic that weighs revenue (35%), regulatory climate (25%), tourism employment (15%), nearby amenities (15%) and large-home supply (10%) relative to the other tracked markets.

Confirm before you act. Short-term rental rules change. Confirm current requirements with the jurisdiction, and work with a licensed local agent who knows which properties can legally operate. This report is screening data, not investment, legal or tax advice.

Buying a short-term rental in Austin?

Get matched with a Austin agent who works short-term rentals every day and knows which properties can legally operate.

Get matched with a Austin STR agent →
Texas Investors

Looking for Texas Real Estate?

Dwellverse Group specializes in matching buyers and sellers with top Texas real estate agents across Austin, Dallas, Houston, San Antonio, and beyond.

Find a Texas Agent