What the Latest Data Shows
Austin has long been a city built around visitors. Music, food, festivals, business travel, college weekends and major sporting events bring people here throughout the year, creating a short-term rental landscape shaped by many different reasons to visit.
Recent data offers a useful look at how that landscape is evolving.
According to AirDNA's June 2026 data, Austin had approximately 17,038 active short-term rental listings, representing an 11.5% year-over-year decrease in active supply. Market-wide occupancy was reported at 55%, an 8% year-over-year increase, while the average daily rate was approximately $263.
These figures reflect Austin’s STR market as a whole and are provided for general market context.
A City With Many Reasons to Visit
Austin welcomed approximately 30.1 million visitors in the most recently reported annual tourism data, generating an estimated $11.1 billion in economic impact.
The city’s calendar helps tell the story:
- SXSW brings hundreds of thousands of attendees each spring
- Austin City Limits Music Festival fills Zilker Park across two weekends each fall
- Formula 1 draws an international audience to Circuit of the Americas
- UT Austin football weekends, conferences, weddings, live music, and year-round leisure travel add their own patterns of activity
For Austin’s short-term rental market, that means visitor activity comes from a broad mix of events, institutions, employers and everyday tourism throughout the year.
An STR Market That Continues to Evolve
Austin’s STR landscape has changed considerably over the past several years, including changes to both supply and local regulation.
The composition of the market is also worth noting.
| Property Type | Share of Active STR Supply |
|---|---|
|
Entire Homes |
Nearly 85% |
|
One-bedroom residences |
46.5% |
|
Two-bedroom residences |
22.7% |
Those numbers offer a window into the types of accommodations currently available to travelers and the role residential properties continue to play within Austin’s broader hospitality landscape.
Understanding Austin’s STR Regulations
The regulatory side of short-term rentals is an important part of the Austin story as well.
The City of Austin defines a short-term rental as a residential property rented for fewer than 30 consecutive days. Following regulatory changes adopted in 2025, STR use is permitted as an accessory use to residential properties across Austin zoning districts, subject to licensing and applicable operating requirements.
Additional requirements took effect July 1, 2026, including new responsibilities for booking platforms related to STR license information and unlicensed properties.
For anyone interested in Austin’s STR landscape, the City of Austin’s current licensing and operating requirements are an important resource, particularly as regulations continue to evolve.
South Lamar and the Austin Experience
Location remains central to how visitors experience Austin, and South Lamar offers a particularly recognizable slice of the city.
The neighborhood sits just south of Downtown, surrounded by restaurants, music, independent businesses and some of Austin’s best-known outdoor destinations. From South Lamar, visitors can move easily between Downtown, South Congress, Barton Springs and Zilker Park while experiencing a neighborhood that feels distinctly Austin.
The Code sits at 2323 South Lamar, at the intersection of South Lamar and Bluebonnet Lane. From Bluebonnet, a neighborhood route leads toward Azie Morton Road and Zilker Park, creating a particularly convenient connection during events such as ACL and other gatherings at the park.
Closer to home, South Lamar has its own collection of Austin favorites, from Loro and Eberly to ThoroughBread, alongside the restaurants, coffee shops, bars and neighborhood businesses that have made the corridor a destination in its own right.
The Code
The Code brings a hospitality-driven residential concept to the heart of South Lamar.
The collection includes individually owned residences ranging from studios to two bedrooms, with professional hospitality management by AvantStay. The model is designed to support both personal stays and short-term rental use, subject to applicable rules, regulations and ownership terms.
For owners, that means a residence in Austin with a hospitality and management structure already integrated into the experience.
For guests, it means a stay rooted in one of the city’s most established neighborhoods, minutes from many of the places they came to Austin to experience.
As Austin’s visitor landscape continues to evolve, The Code offers a new way to experience South Lamar, whether you’re here for a weekend, a season or simply because Austin called you back.
Legal: Short-term rental regulations, market conditions and performance can change. Market statistics cited above represent Austin-wide data and do not represent or predict the performance of any residence at The Code. Buyers should independently review applicable ownership, rental, legal and tax considerations.
