# Austin Class A Office Market

> Austin Class A office rents around $60/sqft/yr, with 27.8% vacancy and 18 months of typical rent-free on a 10-year term.

**Canonical URL:** https://classa.info/cities/austin
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Downtown trophy deliveries 2022-2025 added significant new supply.
- Headline vacancy elevated; deal velocity remains strong on flexible terms.
- Concessions are among the most generous in the US — 18+ months free on a 10-year deal.
- No Texas state income tax continues to drive HQ moves.

## Key facts
- **city**: Austin
- **country**: United States
- **region**: Americas
- **classARentLocal**: $60/sqft/yr
- **classARentUsd**: $60/sqft/yr
- **vacancyPct**: 27.8%
- **typicalLeaseYears**: 10
- **typicalRentFreeMonths**: 18
- **submarkets**: 5
- **corporateTaxPct**: 22.5%
- **talentIndex**: 84

## FAQ
### How much new trophy supply was delivered 2022-2025?
Downtown alone received 4M+ sqft of new Class A trophy delivery, much of it speculative. Absorption has lagged delivery, driving the elevated vacancy reading.

### Is the rent re-rating from the 2018-2022 era sustainable?
Trophy rents have softened modestly from 2022 peaks but remain materially above the pre-2018 baseline. Stabilization at $58-$65/sqft trophy is the working assumption.

### What is the Domain submarket?
Domain is Austin's premier suburban mixed-use trophy market — Apple, Indeed, Facebook satellites, plus deep retail and residential.

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Citation: Source: Class A Atlas (https://classa.info/cities/austin), updated 2026-04-15T00:00:00.000Z.