How much does off-campus housing near Austin College really cost?
DIRECT ANSWER
Aspire at Sherman: studio $1,019, 1 BR $1,099, 2 BR $1,354 · Northside on Travis: 1 BR $780, 2 BR $1,050, 3 BR $1,425 · Northridge Villas: 1 BR $810, 2 BR $980, 3 BR $1,220. Live property examples, not a market-wide average; verify availability, price basis and mandatory fees.
- Aspire at Sherman: studio $1,019, 1 BR $1,099, 2 BR $1,354 · Northside on Travis: 1 BR $780, 2 BR $1,050, 3 BR $1,425 · Northridge Villas: 1 BR $810, 2 BR $980, 3 BR $1,220
- Mortgage figures are principal + interest only and use the stated rate/down-payment assumptions.
- Insurance figures are planning benchmarks, not property-specific quotes.
Published housing-cost benchmark for Austin College: Aspire at Sherman: studio $1,019, 1 BR $1,099, 2 BR $1,354 · Northside on Travis: 1 BR $780, 2 BR $1,050, 3 BR $1,425 · Northridge Villas: 1 BR $810, 2 BR $980, 3 BR $1,220. Live property examples, not a market-wide average; verify availability, price basis and mandatory fees. Current median sale price: $276,059 (July 2026). At the cited market median, the stored 20%-down, 6.71% 30-year scenario is $1,427/mo principal + interest before taxes, insurance, HOA, PMI and fees. The local/planning homeowners-insurance benchmark is $5,910/yr; it is not a quote. For an actual off-campus lease, add every required monthly and one-time charge—utilities, internet, parking, renters insurance, deposits, application/admin fees, furnishing, transportation and any unused lease months—before comparing options.
Sources & verification
- Austin College live rental examples
- Austin College current home-sale market
- Freddie Mac — current mortgage-rate benchmark
- Austin College homeowners-insurance benchmark
- CollegeHousing.ai — current Austin College housing market
- HUD Housing Counselor Study Guide — renting costs and responsibilities
- Federal Student Aid — How To Evaluate Your Aid Offers
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