Finding Housing in Round Rock: Complete Rental and Real Estate Guide

Why Move to Round Rock? Lifestyle & Community Overview

Round Rock has steadily earned its reputation as one of the most desirable cities in Central Texas. With its proximity to Austin, affordable housing options compared to the capital city, and a strong local identity, the community offers a balance that appeals to a wide range of residents.

A Growing City with Small-Town Appeal

Round Rock has transformed from a quiet suburb into a thriving city with a population of over 120,000. Despite rapid growth, it still maintains a welcoming atmosphere where neighbors know each other and local businesses thrive. Residents often describe it as the perfect middle ground — large enough to provide modern conveniences but small enough to retain a strong sense of community.

Strong Economy and Job Opportunities

A major draw to Round Rock is its economic stability. As the headquarters of Dell Technologies, the city is part of a booming tech corridor that includes Austin, Georgetown, and Pflugerville. Beyond technology, healthcare, education, and retail also provide strong employment opportunities. Many chooses Round Rock as their home because it allows them to work in Austin’s job market while enjoying a lower cost of living and shorter commutes.

Schools and Education

Families relocating to Round Rock often cite education as one of their top priorities. The Round Rock Independent School District (RRISD) consistently ranks among the best in Texas. The schools are recognized for academic achievement, extracurricular programs, and advanced placement opportunities. Several campuses offer specialized programs in STEM, fine arts, and bilingual education, making the city an attractive destination for households with children.

Parks, Recreation, and Quality of Life

Round Rock is also well known for its outdoor spaces and recreational activities. Old Settlers Park, a 640-acre hub for sports, festivals, and family gatherings, is one of the city’s most popular destinations. Residents also enjoy miles of walking and biking trails, access to Brushy Creek, and a wide selection of sports facilities. Combine that with vibrant shopping at Round Rock Premium Outlets, major retailers like IKEA, and a growing dining scene, and it’s clear why the city appeals to people of all ages.

Community and Culture

Community pride runs deep in Round Rock. Local events such as Music on Main Street, Chalk Walk Arts Festival, and Round Rock Express minor league baseball games bring people together year-round. This sense of belonging is one reason many newcomers quickly feel at home after moving here.

Understanding the Housing Market in Round Rock

Current Price Trends & Market Balance

• As of August 2025, the median sale price for homes in Round Rock is around $389,000, down 2.7% year-over-year, and the average home stays on the market for about 67 days, up 26 days from the prior year — reflecting a market shifting toward balance and improved buyer options.
  
  
• Zillow reports that the average home value is about $417,306, down 4.8% over the past 12 months, with homes typically going pending in a median of 53 days.
  
  
• The broader Austin–Round Rock metro area saw a 2.4% decline in median prices to $439,000 in the first half of 2025, while inventory increased by nearly 20%, edging the market toward buyer-friendly conditions.
  
  

Rental Trends & Affordability

• According to Zillow Rentals, the average rent for all property types is approximately $2,045/month, down about $105 year-over-year.
  
  
• RentCafe indicates a lower average of $1,449/month for apartments, citing a year-over-year decrease of about 6.7% in asking rents.
  
  
• Apartments.com breaks it down further: studios at $1,086, one-bedrooms at $1,198, two-bedrooms at $1,540, and three-bedrooms at around $2,045 as of September 2025.
  
  
• Redfin reported an average rent of $1,349/month in August 2025, up slightly (+0.67%) from the previous month.
  
  

Buyer’s vs. Renter’s Market: What to Expect

• For homebuyers, the softening prices and longer days on market suggest it's becoming a more balanced, less competitive environment—an opportunity to negotiate better terms.
  
  
• For renters, multiple sources show rent declines, boosting affordability—especially compared to the regional average or nearby Austin.

Renting in Round Rock: Apartments, Condos & Homes

Round Rock has a healthy rental market that appeals to a wide range of lifestyles, whether you’re a young professional wanting easy access to Austin, a family seeking extra space near great schools, or retirees looking for a quiet, low-maintenance community. The rental options here include modern apartments, single-family homes, and condos spread across different neighborhoods, each with its own character.

Average Rental Prices in Round Rock

Rental costs are generally lower than in nearby Austin, making Round Rock an attractive option for those who want more space without the steep urban price tag. Here’s a look at the current averages (as of late 2025):

• Studios → ~$1,080/month
  
  
• 1-bedroom apartments → ~$1,200/month
  
  
• 2-bedroom apartments → ~$1,540/month
  
  
• 3-bedroom homes → ~$2,000–$2,100/month
  
  

➡ Compared to Austin, where average rents easily top $1,800–$2,500 for similar properties, Round Rock delivers more square footage for the price, plus quieter suburban living.

Tips for Renters in Round Rock

• Act Quickly but Smartly → While inventory has increased, desirable rentals (especially single-family homes in family-focused areas) don’t stay available for long.
  
  
• Budget for Utilities & HOA Fees → Some rental homes in planned communities come with homeowners’ association fees that may be rolled into rent or charged separately.
  
  
• Check Commute Routes → I-35 and SH-45 are major roadways that can get congested, so consider proximity to work when choosing a rental.
  
  
• Ask About Pet Policies → Many Round Rock properties are pet-friendly, but some charge extra deposits or monthly pet rent.

Buying a Home in Round Rock, Texas

For many, Round Rock represents one of the best opportunities in Central Texas to buy a home without facing the steep price tags of Austin. With its strong school system, stable job market, and a growing number of planned communities, the city has become a favorite destination for families and professionals alike.

Average Home Prices & Market Snapshot

As of 2025, Round Rock’s median home price is around $389,000, slightly down from the previous year. Zillow places the average home value at about $417,000, showing a cooling trend that favors buyers. Compared to Austin, where the median price is nearly $550,000, Round Rock delivers affordability while maintaining access to the same employment hubs and lifestyle amenities.

• Starter homes & townhomes → typically range from $280,000–$350,000
  
  
• Mid-range single-family homes → between $375,000–$450,000
  
  
• Larger homes in master-planned communities → $500,000 and up, depending on upgrades and lot size
  
  

Advantages of Buying in Round Rock

• Appreciation Potential → While prices have dipped recently, Round Rock remains part of the high-demand Austin metro. Long-term property values are projected to rise as more families and professionals move to the region.
  
  
• School District Strength → Round Rock ISD consistently ranks high in Texas, making homes here more desirable and stable in value.
  
  
• Lifestyle Amenities → Parks, lakes, golf courses, and retail hubs boost quality of life and property appeal.
  
  
• Lower Taxes than Austin → While still a consideration, property taxes in Round Rock are generally more manageable compared to Austin proper.
  
  

Tips for Homebuyers

• Get Pre-Approved Early → Homes may sit on the market longer, but sellers still prefer serious buyers with financing secured.
  
  
• Work With Local Agents → Neighborhood knowledge is crucial—communities can differ widely in school zoning, HOA rules, and resale potential.
  
  
• Factor in Taxes & HOA Fees → Some master-planned communities charge additional fees that should be considered in your monthly budget.
  
  
• Plan for Growth → Round Rock continues to expand; buying near future development areas may yield appreciation but could also bring more traffic.

Real Estate Trends in Round Rock

Understanding the Round Rock real estate trends is essential for anyone looking to rent or buy in Round Rock. From home prices to market growth, these insights help you make informed decisions.

Housing Market Overview

Round Rock has experienced steady growth in the housing market over the past few years, driven by its proximity to Austin, excellent schools, and family-friendly amenities. Key trends include:

• Median Home Prices: As of 2025, the median home price in Round Rock is approximately $450,000, up from around $420,000 in 2023.
  
  
• Single-Family Homes: These remain the most popular choice, particularly in master-planned communities like Teravista, Paloma Lake, and Behrens Ranch.
  
  
• Condos & Townhomes: Increasingly sought after by young professionals and smaller households looking for lower-maintenance options.
  
  

Market Dynamics

• Buyer’s vs. Seller’s Market: Round Rock currently leans toward a balanced market, with some neighborhoods seeing high demand and quick sales, while others offer more inventory and negotiation opportunities.
  
  
• Rental Market Growth: Average rents have increased 5–7% year-over-year, reflecting demand from new residents relocating from Austin and surrounding areas.

Cost of Living in Round Rock

Housing is often the largest expense when deciding where to live, but understanding the broader cost of living gives a clearer picture of what daily life in Round Rock will feel like financially. Compared to Austin and many other Texas cities, Round Rock provides a balanced mix of affordability and quality of life.

Housing Costs vs. Austin

The median home price in Round Rock is around $450,000 in 2025. In Austin, comparable homes average $600,000–$650,000, reflecting a significant difference for buyers. Master-planned communities such as Teravista and Paloma Lake command higher prices but still remain more affordable than Austin’s comparable neighborhoods. More established areas like Old Town offer moderately priced homes with historic charm. 

Renting in Round Rock is generally cheaper. A two-bedroom apartment averages $1,500 per month, while in Austin, similar units often cost $1,800–$2,200 per month. Round Rock’s property taxes are slightly lower than Austin’s, and utility costs remain competitive, further reducing monthly housing expenses.

Utilities & Internet

According to data from Numbeo (2025), the average monthly utility bill for a 915 sq. ft. apartment in Round Rock is around $170–$185, covering electricity, heating, cooling, water, and trash. High-speed internet typically adds another $65–$80 per month.

Transportation Costs

• Gasoline prices: Around $3.20–$3.40 per gallon (Texas averages, 2025).
  
  
• Public transportation: Round Rock’s public transit is limited, with most residents relying on personal vehicles. However, CapMetro commuter services connect to Austin, with fares starting at $3.50 per ride.
  
  
• Car insurance: Slightly below the national average, with premiums around $1,500/year depending on driving history and coverage.
  
  

Groceries & Food

Everyday grocery costs in Round Rock are generally in line with the U.S. average, making it easy for residents to budget for household essentials. For example, a gallon of milk costs around $3.70, a loaf of bread is approximately $2.50, and a dozen eggs averages $3.40. Chicken breast is priced at about $5.20 per pound, providing affordable options for home-cooked meals.

Dining out in Round Rock is similarly reasonable. A meal at an inexpensive restaurant typically costs between $15 and $18, while a mid-range dinner for two averages $60 to $70. With a variety of grocery stores, local markets, and restaurants, residents can enjoy both convenient home cooking and casual dining experiences without overspending.

Healthcare

Round Rock benefits from being part of the Austin metro, with access to major healthcare providers like Ascension Seton and Baylor Scott & White Health. Costs are on par with the Texas average, though insurance premiums vary by provider and employer benefits.



Taxes

Texas has no state income tax, which is a major draw for professionals relocating from other states. However, property taxes in Williamson County (where Round Rock is located) are notable, averaging 1.8%–2.1% of assessed home value.

Best Neighborhoods in Round Rock

Round Rock offers a diverse set of neighborhoods, each catering to different lifestyles—from family-friendly communities with top schools to convenient areas ideal for commuters. Here are some of the best neighborhoods to consider if you’re looking to rent or buy in the city.

1. Teravista

A master-planned community with a golf course, walking trails, lakes, and excellent schools nearby. It’s one of the most sought-after areas in Round Rock. Homes here range from mid-$400s to $600s and attract families seeking a long-term investment. 

• Housing styles: Large single-family homes, newer builds with modern layouts
  
  
• Price range: Mid-$400s to $600s
  
  
• Pros: Community amenities, close to shopping centers, family-friendly environment
  
  
• Cons: HOA fees and higher-than-average property taxes for the area
  
  

2. Forest Creek

Known for its golf course and established feel, Forest Creek is an upscale neighborhood with tree-lined streets and larger lots. Rentals here are often single-family homes with yards—ideal for families who want suburban comfort.

• Housing styles: Spacious single-family homes, custom builds
  
  
• Price range: $450,000–$650,000+
  
  
• Pros: Scenic neighborhood, access to Forest Creek Golf Club, top schools
  
  
• Cons: Higher price points, limited rental options
  
  

3. Paloma Lake

A newer, lakeside community offering plenty of amenities like parks, walking trails, and recreational spaces, making it great for families.

• Housing styles: Modern single-family homes, mostly built in the 2010s and later
  
  
• Price range: $400,000–$550,000
  
  
• Pros: Family-friendly vibe, lake access, modern layouts
  
  
• Cons: HOA fees, farther from downtown Round Rock compared to other neighborhoods
  
  

4. Behrens Ranch

A well-established community that offers spacious homes and quick access to schools, shopping, and commuter routes. 

• Housing styles: Mid-to-large single-family homes with plenty of square footage
  
  
• Price range: $500,000–$700,000
  
  
• Pros: Great for families, top-rated schools, strong community feel
  
  
• Cons: Higher-end pricing compared to nearby options
  
  

5. Downtown Round Rock

Why it stands out: For those who want walkability and access to the city’s dining, entertainment, and nightlife, Downtown Round Rock is the place to be. Expect to find smaller apartments, townhomes, and some renovated older homes.

• Housing styles: Apartments, condos, townhomes, and renovated older homes
  
  
• Price range: Rentals from $1,200–$2,200/month; homes vary widely depending on size and updates
  
  
• Pros: Walkable, vibrant lifestyle, close to shops and restaurants
  
  
• Cons: Less yard space, parking can be limited, higher rent per square foot
  
  

6. Meadow Lake

Why it stands out: One of Round Rock’s more affordable neighborhoods, Meadow Lake offers entry-level housing options and easy access to outdoor activities. A more affordable option, with homes ranging from the upper $200s to $350,000. Ideal for first-time buyers looking to build equity.

• Housing styles: Modest single-family homes built in the late 20th century
  
  
• Price range: $280,000–$350,000
  
  
• Pros: Affordable pricing, near Meadow Lake Park, good for first-time buyers
  
  
• Cons: Older homes may require updates, limited luxury amenities

7. Oakcreek

Why it stands out: A family-friendly community near highly rated schools and major employers. It offers easy access to highways while maintaining a suburban feel.

• Housing styles: Single-family homes with a mix of traditional and updated builds
  
  
• Price range: $350,000–$500,000
  
  
• Pros: Convenient location near shopping and dining, good school zoning, established neighborhood charm
  
  
• Cons: Some older homes may need renovations, competitive market for well-maintained listings
  
  

8. Mesa Ridge

Why it stands out: Known for affordability and convenient access to I-35, Mesa Ridge is a practical choice for commuters who want to stay close to Austin but enjoy Round Rock’s quieter lifestyle.

• Housing styles: Primarily mid-sized single-family homes built in the 1980s and 1990s
  
  
• Price range: $280,000–$375,000
  
  
• Pros: Budget-friendly pricing, great access to major roadways, close to shopping and parks
  
  
• Cons: Limited luxury amenities, older homes may require updating
  
  

9. Legends Village

Why it stands out: A smaller but newer community offering modern homes and great access to Old Settlers Park and Dell Diamond.

• Housing styles: Newer single-family homes and some townhome options
  
  
• Price range: $400,000–$550,000
  
  
• Pros: Newer construction, proximity to recreation and sports venues, strong resale value
  
  
• Cons: Smaller neighborhood, fewer rental options compared to larger communities