How much is a 1-bedroom near Austin College?
The current 1-bedroom asking-rent benchmark is $775/month. Lowest current asking example among the stored live rental sample; this is not a market average. Source period: 2026-09-07.
1 BR = $775/mo
CollegeHousing.ai · School-specific cost research
50 current housing-cost answers for Austin College
Rent by bedroom, roommate math, current home prices, mortgage examples, down payments and homeowners-insurance planning benchmarks for the Sherman, TX college-housing market.
Verified research set · As of September 7, 20261-bedroom rent$775/mo
2-bedroom rent$698/mo
3-bedroom rent$1,220/mo
Median sale price$276,059
Median P&I*$1,427/mo
School-market numbers, not national filler
Every answer below is generated from the canonical Austin College research record and links to the underlying market, mortgage-rate or insurance source. Rental figures are asking-rent benchmarks or clearly labeled live/nearby examples. Mortgage figures are illustrations using the stated assumptions, not loan offers.
Rent by bedroom
How much is a 2-bedroom near Austin College?
The current 2-bedroom asking-rent benchmark is $698/month. Lowest current asking example among the stored live rental sample; this is not a market average. Source period: 2026-09-07.
2 BR = $698/mo
How much is a 3-bedroom near Austin College?
The current 3-bedroom asking-rent benchmark is $1,220/month. Lowest current asking example among the stored live rental sample; this is not a market average. Source period: 2026-09-07.
3 BR = $1,220/mo
What does 12 months of 1-bedroom rent near Austin College cost at the current benchmark?
At $775/month, 12 months is $9,300 before utilities, required fees, parking, renters insurance, deposits and other charges. Lowest current asking example among the stored live rental sample; this is not a market average. Source period: 2026-09-07.
$775 × 12 = $9,300
What does 12 months of 2-bedroom rent near Austin College cost at the current benchmark?
At $698/month, 12 months is $8,376 before utilities, required fees, parking, renters insurance, deposits and other charges. Lowest current asking example among the stored live rental sample; this is not a market average. Source period: 2026-09-07.
$698 × 12 = $8,376
What does 12 months of 3-bedroom rent near Austin College cost at the current benchmark?
At $1,220/month, 12 months is $14,640 before utilities, required fees, parking, renters insurance, deposits and other charges. Lowest current asking example among the stored live rental sample; this is not a market average. Source period: 2026-09-07.
$1,220 × 12 = $14,640
Academic-year rent math
What is nine months of 1-bedroom rent near Austin College at the current benchmark?
Nine benchmark months is $6,975. A private lease may still require 10, 11 or 12 months, so this is an academic-period comparison, not a lease quote.
$775 × 9 = $6,975
What is nine months of 2-bedroom rent near Austin College at the current benchmark?
Nine benchmark months is $6,282. A private lease may still require a longer term, so verify the actual contract.
$698 × 9 = $6,282
What is nine months of 3-bedroom rent near Austin College at the current benchmark?
Nine benchmark months is $10,980. A private lease may still require a longer term, so verify the actual contract.
$1,220 × 9 = $10,980
Roommate rent math
What is the current 2-bedroom rent benchmark per person if two Austin College roommates split it evenly?
An even two-person split is about $349/person/month before utilities and fees. This arithmetic assumes the quoted benchmark is for the whole unit; student properties may instead advertise rent per bedroom.
$698 ÷ 2 = $349
What is the current 3-bedroom rent benchmark per person if three Austin College roommates split it evenly?
An even three-person split is about $407/person/month before utilities and fees. Confirm whether an actual listing is whole-unit or per-bedroom pricing.
$1,220 ÷ 3 = $407
What is a year of benchmark 2-bedroom rent per person for two Austin College roommates?
An even split is about $4,188/person for 12 benchmark months, before utilities and fees.
$698 × 12 ÷ 2 = $4,188
What is a year of benchmark 3-bedroom rent per person for three Austin College roommates?
An even split is about $4,880/person for 12 benchmark months, before utilities and fees.
$1,220 × 12 ÷ 3 = $4,880
Rent comparisons
How much more is the current 2-bedroom benchmark than the 1-bedroom benchmark near Austin College?
The current difference is $-77/month ($-924/year on a 12-month basis).
$698 − $775 = $-77/mo
How much more is the current 3-bedroom benchmark than the 2-bedroom benchmark near Austin College?
The current difference is $522/month ($6,264/year on a 12-month basis).
$1,220 − $698 = $522/mo
What is the annual rent difference between current 1-bedroom and 2-bedroom benchmarks near Austin College?
On a 12-month benchmark basis, the difference is $-924.
($698 − $775) × 12 = $-924
What is the annual rent difference between current 2-bedroom and 3-bedroom benchmarks near Austin College?
On a 12-month benchmark basis, the difference is $6,264.
($1,220 − $698) × 12 = $6,264
How much could one Austin College renter save monthly by evenly splitting the current 2-bedroom benchmark instead of renting the current 1-bedroom benchmark alone?
The arithmetic difference is about $426/month per person before utilities, fees and differences in property quality or location.
$775 − ($698 ÷ 2) = $426
How much could one Austin College renter save monthly by evenly splitting the current 3-bedroom benchmark instead of renting the current 1-bedroom benchmark alone?
The arithmetic difference is about $368/month per person before utilities, fees and property differences.
$775 − ($1,220 ÷ 3) = $368
Rental qualification math
What monthly income equals three times the current 1-bedroom rent benchmark near Austin College?
Three times the current 1-bedroom benchmark is $2,325/month ($27,900/year). This is only an arithmetic reference; each property sets its own lawful screening and guarantor rules.
$775 × 3 = $2,325/mo
Home prices
What is the current median home sale price in the Austin College market?
The current cited median sale price is $276,059 for July 2026, -5.2% year over year. This is a market statistic, not a valuation for a specific home.
Median sale price = $276,059
Down payments
How much is 20% down on the current median-priced home in the Austin College market?
Twenty percent of the cited median sale price is $55,212. This does not include closing costs or reserves.
$276,059 × 20% = $55,212
How much is 10% down on the current median-priced home in the Austin College market?
Ten percent of the cited median sale price is $27,606. A lower down payment can change mortgage insurance, pricing and qualification.
$276,059 × 10% = $27,606
How much is 5% down on the current median-priced home in the Austin College market?
Five percent of the cited median sale price is $13,803. This is down-payment math only; loan eligibility and PMI depend on the program and borrower.
$276,059 × 5% = $13,803
Mortgage math
What loan amount is left after 20% down on the current median-priced home near Austin College?
The estimated loan amount is $220,847 after a 20% down payment.
$276,059 × 80% = $220,847
What is the estimated mortgage payment on the current median-priced home near Austin College with 20% down?
Estimated principal + interest is $1,427/month. Principal + interest only at 6.71% for 30 years; taxes, homeowners insurance, HOA dues, PMI if applicable, closing costs and other property/loan charges are separate.
$276,059 purchase · 20% down · 6.71% · 30 years = $1,427/mo P&I
What is one year of principal and interest on the current median-priced home near Austin College with 20% down?
Twelve months of estimated principal + interest is $17,124. Principal + interest only at 6.71% for 30 years; taxes, homeowners insurance, HOA dues, PMI if applicable, closing costs and other property/loan charges are separate.
$1,427 × 12 = $17,124
What is the estimated principal-and-interest payment on the current median-priced home near Austin College with 10% down?
Estimated principal + interest is $1,605/month at the benchmark rate. PMI, taxes, insurance and other charges are not included.
$276,059 · 10% down · 6.71% · 30 years = $1,605/mo P&I
What is the estimated principal-and-interest payment on the current median-priced home near Austin College with 5% down?
Estimated principal + interest is $1,694/month at the benchmark rate. PMI is not included and may apply.
$276,059 · 5% down · 6.71% · 30 years = $1,694/mo P&I
Mortgage comparisons
How much higher is estimated monthly principal and interest on the current median-priced Austin College market home with 5% down versus 20% down?
The estimated P&I difference is $267/month. PMI and loan-pricing differences are not included, so this is not a complete payment comparison.
$1,694 − $1,427 = $267/mo
Mortgage examples
What is the estimated mortgage principal-and-interest payment on a $300,000 home near Austin College with 20% down?
At the stored 6.71% 30-year benchmark with 20% down, estimated principal + interest is $1,550/month on a $240,000 loan. Principal + interest only at 6.71% for 30 years; taxes, homeowners insurance, HOA dues, PMI if applicable, closing costs and other property/loan charges are separate.
$300,000 · 20% down · 6.71% · 30 years = $1,550/mo P&I
What is the estimated mortgage principal-and-interest payment on a $350,000 home near Austin College with 20% down?
At the stored 6.71% 30-year benchmark with 20% down, estimated principal + interest is $1,809/month on a $280,000 loan. Principal + interest only at 6.71% for 30 years; taxes, homeowners insurance, HOA dues, PMI if applicable, closing costs and other property/loan charges are separate.
$350,000 · 20% down · 6.71% · 30 years = $1,809/mo P&I
What is the estimated mortgage principal-and-interest payment on a $400,000 home near Austin College with 20% down?
At the stored 6.71% 30-year benchmark with 20% down, estimated principal + interest is $2,067/month on a $320,000 loan. Principal + interest only at 6.71% for 30 years; taxes, homeowners insurance, HOA dues, PMI if applicable, closing costs and other property/loan charges are separate.
$400,000 · 20% down · 6.71% · 30 years = $2,067/mo P&I
What is the estimated mortgage principal-and-interest payment on a $450,000 home near Austin College with 20% down?
At the stored 6.71% 30-year benchmark with 20% down, estimated principal + interest is $2,325/month on a $360,000 loan. Principal + interest only at 6.71% for 30 years; taxes, homeowners insurance, HOA dues, PMI if applicable, closing costs and other property/loan charges are separate.
$450,000 · 20% down · 6.71% · 30 years = $2,325/mo P&I
What is the estimated mortgage principal-and-interest payment on a $500,000 home near Austin College with 20% down?
At the stored 6.71% 30-year benchmark with 20% down, estimated principal + interest is $2,584/month on a $400,000 loan. Principal + interest only at 6.71% for 30 years; taxes, homeowners insurance, HOA dues, PMI if applicable, closing costs and other property/loan charges are separate.
$500,000 · 20% down · 6.71% · 30 years = $2,584/mo P&I
What is the estimated mortgage principal-and-interest payment on a $600,000 home near Austin College with 20% down?
At the stored 6.71% 30-year benchmark with 20% down, estimated principal + interest is $3,101/month on a $480,000 loan. Principal + interest only at 6.71% for 30 years; taxes, homeowners insurance, HOA dues, PMI if applicable, closing costs and other property/loan charges are separate.
$600,000 · 20% down · 6.71% · 30 years = $3,101/mo P&I
What is the estimated mortgage principal-and-interest payment on a $750,000 home near Austin College with 20% down?
At the stored 6.71% 30-year benchmark with 20% down, estimated principal + interest is $3,876/month on a $600,000 loan. Principal + interest only at 6.71% for 30 years; taxes, homeowners insurance, HOA dues, PMI if applicable, closing costs and other property/loan charges are separate.
$750,000 · 20% down · 6.71% · 30 years = $3,876/mo P&I
What is the estimated mortgage principal-and-interest payment on a $1,000,000 home near Austin College with 20% down?
At the stored 6.71% 30-year benchmark with 20% down, estimated principal + interest is $5,168/month on a $800,000 loan. Principal + interest only at 6.71% for 30 years; taxes, homeowners insurance, HOA dues, PMI if applicable, closing costs and other property/loan charges are separate.
$1,000,000 · 20% down · 6.71% · 30 years = $5,168/mo P&I
What is one year of principal and interest on a $400,000 home near Austin College with 20% down?
At the stored rate benchmark, 12 months of estimated P&I is $24,804. Principal + interest only at 6.71% for 30 years; taxes, homeowners insurance, HOA dues, PMI if applicable, closing costs and other property/loan charges are separate.
$2,067 × 12 = $24,804
Down-payment examples
How much is 20% down on a $400,000 home near Austin College?
Twenty percent down is $80,000, leaving an estimated $320,000 loan before financed fees or other adjustments.
$400,000 × 20% = $80,000
What is the loan amount on a $400,000 home with 20% down near Austin College?
The arithmetic loan amount is $320,000 after $80,000 down.
$400,000 − $80,000 = $320,000
How much is 20% down on a $500,000 home near Austin College?
Twenty percent down is $100,000, before closing costs and reserves.
$500,000 × 20% = $100,000
How much is 20% down on a $750,000 home near Austin College?
Twenty percent down is $150,000, before closing costs and reserves.
$750,000 × 20% = $150,000
How much is 20% down on a $1,000,000 home near Austin College?
Twenty percent down is $200,000, before closing costs and reserves.
$1,000,000 × 20% = $200,000
Homeowners insurance
How much is the current homeowners-insurance planning benchmark in the Austin College market?
The stored planning benchmark is $5,910/year. Texas statewide average for $500k dwelling coverage because the cited source does not publish a Sherman city row; planning benchmark, not a quote Actual premiums depend on the exact property and underwriting.
Annual benchmark = $5,910
What is the current homeowners-insurance planning benchmark per month in the Austin College market?
The stored benchmark is about $493/month. Texas statewide average for $500k dwelling coverage because the cited source does not publish a Sherman city row; planning benchmark, not a quote Actual premiums depend on the exact property and underwriting.
$5,910 ÷ 12 = $493/mo
Ownership planning
What is the current median-home principal-and-interest payment plus the stored monthly insurance benchmark near Austin College?
The arithmetic total is about $1,920/month: $1,427 P&I + $493 insurance benchmark. Property taxes, HOA, PMI if applicable, maintenance and other ownership costs are still excluded.
$1,427 + $493 = $1,920/mo
What is one year of median-home principal and interest plus the stored insurance benchmark near Austin College?
The arithmetic annual total is about $23,034 before property tax, HOA, maintenance, PMI if applicable and transaction costs.
$17,124 P&I + $5,910 insurance = $23,034
Rent vs. ownership scale
How does current median-home principal and interest compare with the current 1-bedroom rent benchmark near Austin College?
Median-home P&I at the stored 20%-down assumptions is $1,427/month versus a 1-bedroom asking-rent benchmark of $775/month, a difference of $652/month. This is not a full rent-vs-buy conclusion because ownership taxes, insurance, HOA, maintenance, transaction costs and equity are not included.
$1,427 P&I − $775 rent = $652/mo
How large is a 20% down payment on the current median-priced Austin College market home compared with one year of current 1-bedroom rent?
The 20% down-payment arithmetic is $55,212. One year of benchmark 1-bedroom rent is $9,300. The down payment is about 5.9 times that one-year rent benchmark. This compares scale only; it is not a rent-vs-buy recommendation.
$55,212 ÷ $9,300 = 5.9×