Chance Thunderstorms
/ 70 °F
Chance Thunderstorms

May 26

4th Street

Guadalupe to San Antonio

May 28

Riverside Drive

Lama Blvd to S. 1st Street

S. 1st Street

Barton Springs Rd to Cesar Chavez St

Lee Barton Drive

Barton Springs Road to Cesar Chavez Street



Downtown offers the best of Austin, amplified. This is where creativity and ingenuity meet to deliver the latest foodie hotspots, legendary live music venues, one-of-a-kind shops, and year-round outdoor fun. Rock out or relax – it’s your call. LET’S GO


Downtown is the epicenter of Austin’s 24/7 idea exchange. This is where enterprises headquarter and entrepreneurs incubate, all harnessing our city’s incredible talent pool, business-friendly infrastructure and uniquely collaborative culture. LET’S GO


Downtown Austin offers residences to suit any style, whether you’re renting or putting down roots. This is where city excitement meets creature comforts – your walkable new neighborhood puts both nightly entertainment and daily essentials within easy reach.LET’S GO



Look who’s moving in and up.

More people are putting down roots in the center of our city’s action.


Snapshot of Downtown Residential Market


Residents within one mile of Sixth Street and Congress Avenue 1&3


Condo Units Under Construction3


Condo Units Built Downtown Since 20003


Condo Average Price/SF2


Apartment Units Under Construction3


Apartment Units Built Since 20003


Average Apartment Rate2


Downtown Apartment Occupancy2*

1 Source: U.S. Census Bureau
2 Source: Capital Market Research, December 2016
*Stabilized CBD Apartment Occupancy (excluding projects in initial lease-up)
3 Source: Downtown Austin Alliance, February 2017


Residential Rental and Occupancy Rates


In 2000, only 4,000 people lived downtown, compared to more than 10,000 in the 1950s. As the stats below show, downtown Austin is once again a thriving residential neighborhood. With area population expected to double by 2040, we expect both demand and density to increase.


Source: Capital Market Research, December 2016



Emerging Downtown Residential Projects

Downtown Austin’s latest building cycle is in full swing, and developers are working to deliver more residential units to meet market demand. Additionally, infrastructure projects like the Waller Creek Tunnel will eventually lay the foundation for more living space.