Looking for a great deal on an apartment in Central Austin? In June 2025, renters can take advantage of 1-2 months of free rent at several premium properties. With falling rents and rising vacancy rates, this is the perfect time to save money while securing a high-quality apartment in one of Austin’s most vibrant neighborhoods.
Quick Overview
- Free Rent Offers: 6-10 weeks or up to 2 months free.
- Key Properties: Saint George, Lenox Burnet, The Anderson, AVE Austin North Lamar, Burnet Flats, REVL Lamar, Broadstone North Lamar.
- Rental Price Ranges:
- Studios: Starting at $1,238
- 1-Bedrooms: $1,234 – $3,832
- 2-Bedrooms: $2,021 – $6,063
- 3-Bedrooms (limited availability): $2,652 – $3,605
- Amenities: Resort-style pools, fitness centers, pet parks, smart home features, EV charging stations, and more.
Why Now?
Rents in Central Austin have dropped 17% since 2022, and vacancy rates are at 9.85% – making landlords compete for tenants with generous perks. Don’t miss this chance to lock in a great deal before the market shifts!
Explore the full details and offers from top properties below.
Central Austin Area Overview
Central Austin is a lively hub that sits perfectly between the dynamic downtown area and the academic buzz of the University of Texas campus. This region is home to several neighborhoods with distinct personalities, including Hyde Park, Anderson, North Loop, Brentwood, and Allandale, each adding its own flavor to the area’s overall charm and energy. These unique neighborhoods pair well with the rental opportunities highlighted below.
Living in Central Austin means being close to some of the city’s top attractions. The University of Texas campus isn’t just a center for education – it’s also a cultural landmark, featuring world-class museums that enhance the area’s artistic and intellectual vibe. This academic influence fosters a vibrant and stimulating atmosphere that radiates into the surrounding communities.
Residents here enjoy a mix of dining and entertainment options that cater to a diverse crowd of students, young professionals, and families. From cozy coffee shops and lively bars to local music venues that honor Austin’s musical roots, there’s always something to explore.
For those who love shopping with a bit of character, the vintage stores along Burnet Road and North Loop offer a retro twist you won’t find in traditional malls. These shops play a big role in shaping the area’s quirky and distinctive identity.
Beyond its cultural and entertainment perks, Central Austin is also a practical choice for everyday living. The area is highly walkable, and many residents choose to bike or walk to work, school, or nearby entertainment spots. With Austin continuing to grow, investment in local amenities has made Central Austin even more appealing for renters.
Housing in Central Austin offers a mix of historic charm and modern convenience. Hyde Park is known for its vintage homes, while newer apartment complexes throughout the area come loaded with modern amenities. Rental prices vary depending on the neighborhood. For example, in Allandale, one-bedroom apartments average $1,025, and two-bedroom units go for $1,350. On the other hand, North Loop offers slightly pricier options, with one-bedrooms averaging $1,425 and two-bedrooms at $1,599. This variety ensures options for a wide range of budgets and lifestyles.
For anyone thinking about making Central Austin their home, the area offers an unbeatable mix of cultural richness, proximity to education, diverse dining and shopping, and a strong sense of community. It’s a place where you can embrace Austin’s quirky charm while enjoying the conveniences of urban living. This combination of character and practicality makes Central Austin a standout choice for renters.
1. Saint George
Free Rent Offer Duration
For those planning a move in June 2025, Saint George is offering 6 WEEKS OF FREE RENT to new residents. (Make sure to reach out to the leasing office for details on eligibility and restrictions.) This generous offer pairs perfectly with the building’s top-notch amenities.
Key Amenities
Saint George is designed to impress with its mix of luxury and convenience. Residents can enjoy a fitness center, pool, clubhouse, pet washing station, and a dedicated pet park. Inside the apartments, you’ll find modern touches like quartz countertops, stainless steel appliances, and in-unit washer/dryers. Select units also feature vaulted ceilings, walk-in showers, and dishwashers for added comfort.
Beyond the basics, the property offers thoughtful extras like door-to-door trash pickup, package service, bicycle storage, and electric vehicle charging stations. On-site maintenance and property management ensure that any issues are handled quickly and efficiently.
Price Range by Unit Type
Saint George offers a variety of floor plans to suit different needs, combining luxury with competitive pricing. Rent for one- and two-bedroom apartments ranges from $1,234 to $3,360 per month.
- One-bedroom apartments: Prices start at $1,234 and go up to $2,298. For example:
- The A1 layout (775 sq ft) is priced between $1,234 and $2,010.
- The S2 layout (515 sq ft) ranges from $1,599 to $1,634.
- The A2 floor plan (907 sq ft) reaches up to $2,298.
- Two-bedroom apartments: These range from $2,786 to $3,360 monthly. Options include:
- The B1 layout (1,192 sq ft) with rents between $2,786 and $2,961.
- The B2 floor plan (1,052 sq ft) priced at $3,360, though availability for this unit is currently limited.
Saint George offers a balance of modern living and affordability, making it a standout choice for renters.
2. Lenox Burnet
Free Rent Offer Duration
Planning to move in June 2025? Lenox Burnet is offering 6 WEEKS OF FREE RENT for new residents who apply by May 25, 2025. Make sure to reach out to Lenox Burnet directly to confirm the offer details, as terms and conditions may apply.
Key Amenities
Lenox Burnet goes beyond just offering rent incentives – it delivers a modern living experience with an impressive 4.0/5 rating from 4,700 reviews. Residents especially praise the location and staff, both rated at 4.5/5.
Inside the apartments, you’ll find quartz countertops, subway tile backsplashes, and wood-style plank flooring. Floor-to-ceiling windows flood the spaces with natural light, while stainless steel appliances and in-unit washers and dryers add convenience. Select units also feature chef-inspired kitchen islands, built-in shelving, and luxurious bathrooms with glass-enclosed showers and oversized tubs.
The community amenities elevate the experience even further. Relax at one of two serene pools with a fire pit or unwind in the hammock garden. The wellness center includes fitness-on-demand programming, while the executive business lounge offers private offices and two conference rooms – perfect for remote work. Other standout features include a podcast studio, a sky lounge with patio access, and a dedicated pet park and spa for furry friends. Additional perks like EV charging stations, a six-level parking garage, BILT Rewards, parcel lockers with cold storage, and climate-controlled interior hallways ensure comfort and convenience year-round.
With these features, Lenox Burnet blends luxury and practicality, making it a great option for those looking to enjoy Central Austin’s dynamic lifestyle.
Price Range by Unit Type
Lenox Burnet offers a variety of floor plans to suit different needs and budgets:
| Unit Type | Price Range |
|---|---|
| Studio | Starting at $1,559 |
| 1 Bedroom | $1,615 – $1,984 |
| 2 Bedroom | $2,253 – $2,790 |
Studio apartments start at $1,559, providing an accessible entry point to upscale living in Central Austin. One-bedroom units range from $1,615 to $1,984, offering diverse layouts to match your preferences. If you need more space, two-bedroom units are available from $2,253 to $2,790. However, three-bedroom options are not offered at this property.
3. The Anderson
Free Rent Offer Duration
Planning to move into a new home by June 2025? The Anderson is currently offering an enticing deal: 6 WEEKS OF FREE RENT for new residents. Be sure to confirm the specific terms directly with The Anderson.
Key Amenities
Completed in 2024, The Anderson is a sleek 5-story building with 321 thoughtfully designed units. This modern property combines stylish living with cutting-edge technology to meet the needs of today’s renters.
Inside the apartments, you’ll find stainless steel appliances, in-unit washers and dryers, and private balconies. The floor-to-ceiling windows flood the space with natural light, while smart home features and secure WiFi ensure you’re always connected.
The community spaces are equally impressive. Highlights include a resort-style pool with private cabanas, a fitness center outfitted with Peloton bikes and Technogym equipment, and a co-working lounge complete with private conference rooms for remote work.
Pet owners will appreciate the pet spa, pet lounge, and off-leash park, while social butterflies can enjoy the sky lounge with dual decks and an entertainment courtyard. Additional conveniences include underground podium parking, EV charging stations, secure bike storage, and a package room with high-speed WiFi. Every detail is designed to make modern living as seamless as possible.
Price Range by Unit Type
The Anderson offers a variety of floor plans to suit different needs and budgets:
| Unit Type | Price Range |
|---|---|
| Studio | Starting at $1,340 |
| 1 Bedroom | $1,450 – $2,288 |
| 2 Bedroom | $2,348 – $3,277 |
Studio apartments, starting at $1,340, are perfect for young professionals or those embracing a minimalist lifestyle. One-bedroom units, ranging from $1,450 to $2,288, provide flexible layouts for different preferences. For those needing more space, the two-bedroom options, priced between $2,348 and $3,277, are ideal for roommates, couples, or anyone looking for a dedicated home office. It’s worth noting that three-bedroom units are not available at this property.
4. AVE Austin North Lamar
Free Rent Offer Duration
If you’re planning to move in June 2025, AVE Austin North Lamar is offering an impressive 10 WEEKS OF FREE RENT. To get all the details and confirm your eligibility, reach out to their leasing office directly.
Key Amenities
AVE Austin North Lamar brings a modern touch to apartment living, following the stylish approach seen at The Anderson. Inside each unit, you’ll find stainless steel appliances, sleek quartz or granite countertops paired with subway tile backsplashes, undermount sinks, and Shaker-style cabinetry. Flooring options include wood plank or polished concrete for a chic finish. Nest thermostats make temperature control a breeze, and select units feature spa-inspired bathrooms and spacious walk-in closets.
The community amenities are just as impressive. Relax at the rooftop lounge with stunning downtown views or stay active in the state-of-the-art fitness center. The outdoor courtyard and pool area, complete with grilling stations, provide the perfect spot for socializing. Pet owners will appreciate the on-site bark spa for grooming their furry friends. Other conveniences include a resident lounge, a community kitchen, a conference room for remote work, WiFi in shared spaces, EV charging stations, and a secure package room.
Location Benefits
With a Walk Score of 80, most daily errands can be accomplished on foot. The property also boasts a Transit Score of 58 and a Bike Score of 89, making it easy to get around via public transportation or bike. Whether you’re headed to Central Austin’s top restaurants, entertainment spots, or work hubs, this location makes it simple and convenient.
Price Range by Unit Type
AVE Austin North Lamar offers a variety of floor plans to suit different needs:
| Unit Type | Price Range |
|---|---|
| Studio | $1,326 – $1,671 |
| 1 Bedroom | $1,776 – $2,223 |
| 2 Bedroom | $2,106 – $3,095 |
| 3 Bedroom | $2,652 – $3,605 |
Studios provide an affordable option for those seeking a Central Austin lifestyle. One-bedroom units cater to professionals or couples, while two-bedroom apartments are ideal for roommates or anyone needing extra space for a home office. Families or those looking for more room will find the three-bedroom units a perfect fit.
Resident Ratings
Residents have given AVE Austin North Lamar an impressive overall rating of 4.5/5. The property shines in areas like staff friendliness and location, both earning a perfect 5/5. Other aspects, including maintenance, value, amenities, noise levels, and parking, consistently receive strong ratings of 4.5/5.
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5. Burnet Flats
Free Rent Offer Duration
Burnet Flats is making waves in Central Austin’s bustling rental market by offering up to 2 MONTHS FREE RENT for June 2025 move-ins. The specifics of this deal can vary based on the floor plan, so it’s a good idea to reach out to the leasing team for more details.
Key Amenities
Burnet Flats combines upscale living with thoughtful community features. One standout is the Sky Lounge, where residents can soak in downtown Austin views – perfect for relaxing or hosting friends. For pet lovers, the on-site dog park, complete with an obstacle course, provides plenty of space for pets to enjoy.
The interiors are equally impressive. Kitchens and bathrooms feature quartz countertops and wood cabinetry, while stainless steel appliances and 9-foot ceilings add a modern and spacious touch. Other highlights include luxury vinyl plank flooring, spa-like bathrooms with soaking tubs and framed mirrors, and select units equipped with Nest thermostats, built-in computer desks, and screened-in porches.
Community features are designed to elevate everyday living. Residents have access to a fitness studio with free weights, a boutique-style pool, a bocce ball court, and an outdoor dining area. On the practical side, amenities like controlled access gates, a business center, Parcel Pending package lockers, and bike racks make life more convenient. All of this is complemented by Burnet Flats’ prime location in Central Austin.
Location Benefits
Living at Burnet Flats means being in the heart of one of Austin’s most vibrant neighborhoods. The area is highly walkable, with a variety of dining, shopping, and entertainment options just steps away. Public transportation and bike-friendly streets make getting around town a breeze, whether you’re commuting to work or exploring the city.
Price Range by Unit Type
Burnet Flats offers a range of floor plans to fit different preferences and budgets:
| Unit Type | Price Range |
|---|---|
| 1 Bedroom | $1,424 – $3,744 |
| 2 Bedroom | $2,213 – $6,063 |
For one-bedroom apartments, you can choose from layouts like the compact 600-square-foot Alpine or the more spacious 915-square-foot Pecos. If you need more room, two-bedroom options start with the 1,134-square-foot Marathon floor plan, which offers plenty of space and premium features.
Residents have given Burnet Flats an impressive 4.7/5 rating. Many praise the well-maintained amenities and welcoming staff, which contribute to the property’s strong sense of community and make it a standout choice in Central Austin.
6. REVL Lamar
Free Rent Offer Duration
REVL Lamar is making waves in Central Austin with an enticing deal: 2 MONTHS FREE RENT for move-ins scheduled for June 2025. This offer is a fantastic opportunity for renters looking to save on premium living in one of Austin’s most sought-after neighborhoods.
Key Amenities
At REVL Lamar, luxury meets convenience with a range of standout amenities. The community boasts a resort-style pool, a fifth-floor sky lounge perfect for socializing or relaxing, and a 24-hour fitness center equipped with a cardio theater, free weights, and a spin room. Pet owners will appreciate the pet park and pet spa, while eco-conscious residents can take advantage of the EV charging stations.
Inside the apartments, you’ll find modern touches like 10-foot ceilings that create a spacious feel, custom cabinetry, and granite countertops with undermount sinks. Kitchens are equipped with energy-efficient stainless steel appliances and custom islands, while bathrooms feature oval soaking tubs, walk-in showers, and double vanities. Designer lighting adds sophistication to the kitchen, dining, and bathroom spaces.
Additional perks include an in-home washer and dryer, private balconies or patios, and spacious walk-in closets. Practical conveniences like valet trash pickup, a 24/7 package locker system, and controlled access to a multi-level parking garage ensure a hassle-free living experience. Combined with its central location, REVL Lamar delivers a well-rounded lifestyle.
Location Benefits
Living at REVL Lamar means being at the center of a vibrant neighborhood. The Lamar corridor is a hub for local restaurants, craft breweries, and unique shopping spots. With excellent walkability, many errands can be accomplished on foot, and the area’s bike-friendly streets make cycling a breeze.
For those commuting or exploring the city, public transportation provides easy access to downtown Austin and beyond. Plus, the location offers quick connections to Austin’s expansive park system, making it easy to enjoy outdoor activities.
Price Range by Unit Type
REVL Lamar offers a variety of floor plans to suit different lifestyles and budgets:
| Unit Type | Price Range |
|---|---|
| Studio | $1,238 – $2,617 |
| 1 Bedroom | $1,521 – $3,832 |
| 2 Bedroom | $2,021 – $5,675 |
Studio apartments are a great choice for anyone seeking efficient living without sacrificing access to top-notch amenities. One-bedroom units provide extra space for working from home or hosting guests, while two-bedroom options are perfect for roommates, couples, or those in need of a dedicated office.
Select units feature floor-to-ceiling windows, adding a contemporary touch, and conditioned interior corridors enhance comfort year-round. With its modern design and thoughtful features, REVL Lamar is a standout option for anyone looking to experience the best of Central Austin living.
7. Broadstone North Lamar
Free Rent Offer Duration
Broadstone North Lamar is making waves in Central Austin with its enticing move-in deal: 2 MONTHS FREE RENT for those planning to move in by June 2025. This offer is part of their "Newer, Better, Bolder!" promotion and presents a fantastic opportunity for renters aiming to enjoy luxury living in the sought-after Highland neighborhood. Be sure to reach out to the leasing team for details on restrictions and eligibility.
Key Amenities
Completed in 2024, this five-story community houses 305 units and blends modern design with urban convenience. Residents can enjoy a range of amenities, including:
- A dedicated bike room
- Pet spa
- Fitness center
- Co-working spaces
- Club rooms
- Outdoor areas tailored for relaxation and socializing
- A stunning sky lounge offering panoramic views of Austin
Residents have embraced these features wholeheartedly, as reflected in the community’s 4.9 out of 5 stars rating from 35 reviews. One verified Apartments.com renter shared their experience in February 2025:
"Beautiful apartments, great location, and a lovely management team make living at Broadstone North Lamar wonderful".
Location Benefits
Broadstone North Lamar also shines due to its prime location in the Highland neighborhood. With easy access to major highways like 35, 183, 290, and Mopac, commuting is a breeze. Additionally, the nearby Capital MetroRail station connects residents to downtown Austin and beyond. The neighborhood itself is highly walkable, featuring a growing mix of local businesses, dining options, and entertainment spots that enrich the living experience.
Price Range by Unit Type
The property offers thoughtfully designed floor plans in two configurations:
| Unit Type | Price Range |
|---|---|
| 1 Bedroom | $1,665 – $1,887 |
| 2 Bedroom | $2,349 – $2,725 |
The one-bedroom units are ideal for individuals or couples seeking stylish and comfortable living, while the two-bedroom layouts provide extra space for roommates, a home office, or simply more room to relax.
With its modern amenities, convenient location, and attractive move-in offer, Broadstone North Lamar is a standout choice for those looking to elevate their lifestyle in Central Austin.
Conclusion
June 2025 is shaping up to be a prime moment for renters looking to snag premium apartments in Central Austin at a fraction of the usual cost. The seven highlighted properties are offering enticing move-in specials, including 6 to 10 weeks of free rent, and in some cases, even up to 2 months free. These deals provide a rare chance to significantly cut down on annual housing expenses, making upscale living more within reach. With the current renter-friendly market, now is the time to lock in a premium apartment in this vibrant part of Austin.
However, these favorable conditions won’t last forever. By mid-2026, market trends are expected to shift, likely reducing such generous offers.
Beyond these limited-time deals, Central Austin itself remains a highly desirable place to live. The area seamlessly blends Austin’s iconic eclectic charm with modern conveniences. Residents enjoy easy access to downtown, the University of Texas, and major highways like I-35, MoPac, and Highway 183. The neighborhoods featured here also boast excellent walkability, an array of dining options, and lively cultural hotspots, making them ideal for anyone seeking a dynamic urban lifestyle.
These exceptional offers won’t be around forever, so timing is everything. Whether it’s The Anderson’s 10 weeks free rent, Broadstone North Lamar’s luxury features, or one of the other outstanding options, moving quickly ensures you can take advantage of these savings before the market tightens.
Don’t wait. Reach out to the leasing teams of these Central Austin properties today to explore specific offers and availability. With the combination of current market conditions and these generous specials, you can enjoy upscale apartment living in one of Austin’s most sought-after areas – while keeping more money in your pocket.
FAQs
Why are rental prices dropping and vacancies increasing in Central Austin?
Rental Prices Drop in Central Austin
Rental prices in Central Austin are on the decline, and vacancy rates are climbing – two trends largely shaped by a few key factors. One of the biggest reasons? An oversupply of rental units. Following a construction surge, approximately 32,000 new apartments were completed in 2024. This flood of new housing has sparked fierce competition among landlords, who are now offering lower rents and enticing deals, like a free month of rent, to fill their units.
On top of that, housing demand has cooled off since the pandemic. Many people who flocked to Austin during that period have either moved on to other cities or settled down elsewhere. As a result, the vacancy rate has jumped to around 15.2% as of early 2025, putting even more downward pressure on rental prices.
How can I choose the best apartment from the featured properties that suits my lifestyle and budget?
To find an apartment that fits your lifestyle and budget, start by setting a clear monthly housing budget. Make sure to factor in not just the rent but also utilities, transportation costs, and other living expenses. A helpful guideline is to keep your total housing costs at or below 28% of your take-home pay.
Next, think about the amenities you absolutely need. For instance, if you work from home, having enough space for a home office might be a top priority. If you have pets, look for features like pet-friendly policies, dog parks, or even on-site pet washing stations.
Lastly, visit the properties you’re considering to get a better understanding of their location and amenities. Pay attention to things like commute times, nearby attractions, and how convenient the area is for your daily routines. These steps will help you feel more confident about choosing an apartment that truly meets your needs.
Should I take advantage of the free rent offers now, or wait to see if rental prices drop further?
Deciding whether to jump on free rent offers now or hold out for potential market shifts comes down to your priorities and the current market landscape. As of June 2025, Austin’s rental market is experiencing notable price drops. With more units available and higher vacancy rates, landlords are competing harder to fill spaces. This could mean even better deals might be on the horizon if you’re willing to wait.
On the other hand, snagging a free rent offer right now could mean immediate savings and peace of mind, especially if you need a place soon. Deals like 6 to 10 weeks of free rent can slash your upfront expenses significantly. Weigh your financial situation, the urgency of your move, and your comfort level with waiting in an unpredictable market before making your choice.
