Long-term Rental Rates — August 2026 · ZIPs: 78620
Data provided by Estaite
As of August 2026, rental prices in Dripping Springs, TX range from $1,475 to $3,207 per month depending on property type and bedroom count.
The most notable year-over-year change is a -9.27% decline for 2BR apartments in Dripping Springs, TX.
For 1BR units, single-family homes command a higher median rent at $1,843 compared to apartments at $1,475 and condos/townhomes at $1,571.
What is the range of rental prices in Dripping Springs, TX as of August 2026?
Rental prices in Dripping Springs, TX range from $1,475 for a 1BR apartment up to $3,207 for a 4BR single-family home in August 2026.
How does the rent for condos/townhomes compare to single-family homes for the same bedroom counts in Dripping Springs, TX?
For 1BR units, single-family homes are $1,843 per month while condos/townhomes are $1,571; for 4BR units, single-family homes are $3,207 versus $3,204 for condos/townhomes as of August 2026.
What is the difference in rent between apartments and single-family homes for the same bedroom counts in Dripping Springs, TX?
In August 2026, 2BR single-family homes rent for $2,229, which is $419 higher than 2BR apartments at $1,810; 3BR single-family homes are $2,606, $454 above 3BR apartments at $2,152.
Which segment in Dripping Springs, TX saw the largest month-over-month change in August 2026?
2BR single-family homes experienced the sharpest month-over-month movement, rising by 5.45% in August 2026.
Dripping Springs, TX
August 2026
78620
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,453 – $1,497
-2.58%
-2.06%
2-Bedroom
$1,747 – $1,873
-1.94%
-9.27%
3-Bedroom
$2,083 – $2,221
-3.11%
-3.97%
4-Bedroom
$2,934 – $3,116
0.81%
0.67%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,516 – $1,626
-1.32%
-6.54%
2-Bedroom
$1,906 – $2,044
0.95%
-6.97%
3-Bedroom
$2,370 – $2,492
0.69%
-2.09%
4-Bedroom
$3,085 – $3,323
0.47%
-3.61%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,797 – $1,889
0.16%
-1.44%
2-Bedroom
$2,173 – $2,285
5.45%
-1.50%
3-Bedroom
$2,510 – $2,703
0.75%
4.84%
4-Bedroom
$3,030 – $3,383
-3.90%
-8.90%
Data updated: September 21, 2026
Dripping Springs Rental Trends
In the Dripping Springs (78620) rental market, 2-bedroom single-family homes saw median rents surge to $2,229 in August, marking a sizable 5.45% month-over-month increase. This rise sets 2BR single-family units apart from other segments, offering a notable growth opportunity for owners and investors monitoring short-term price movement.
Rents for 3-bedroom apartments in Dripping Springs (78620) averaged $2,152, trailing the 3-bedroom single-family segment at $2,606 by $454. The price gap signals stronger demand or value premium for single-family layouts compared to similar-sized apartments for larger households.
Dripping Springs (78620) rental trends highlight a significant annual decline for 2-bedroom apartments, with median rents falling 9.27% year-over-year to $1,810. This drop underscores the segment’s vulnerability to changing demand and could influence investor strategy targeting 2BR apartment holdings.