ZIP 78721 — Austin, TX: rental yield & market data

Gross rental yield of 5.21% — ranked #547 of 741 Texas ZIP codes. June 2026 data.

Gross rental yield
5.21%
Home value
$422,945
Market rent / mo
$1,836
Price-to-rent
19.2

Trend

Metric1-year change5-year change
Home value-8.0% -14.9%
Market rent-2.4%

Metro: Austin-Round Rock-Georgetown, TX · County: Travis County · Annual rent: $22,032

Comparable ZIP codes in Texas

Similar home values, sorted by yield — the cheapest way to see if 78721 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
78645Lago VistaTX$422,495$2,1586.13%16.3-5.2%
75219DallasTX$420,488$2,1046.01%16.7-0.5%
77316MontgomeryTX$422,638$1,8685.30%18.9-2.3%
77406RichmondTX$424,315$1,8675.28%18.9-2.0%
78215San AntonioTX$424,817$1,6364.62%21.6+0.6%
79707MidlandTX$420,968$1,5564.43%22.5+1.7%
75208DallasTX$424,777$1,5604.41%22.7-1.1%
78745AustinTX$420,973$1,5174.32%23.1-6.3%

Top rental yields in all of Texas →

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