Downtown (trophy, ~$72/sqft/yr) is one of 5 Austin Class A submarkets we track.

• Downtown sits at trophy tier.
• Average rent $72/sqft/yr vs city average 60.
• Compared submarkets: Domain (prime), East Austin (prime), South Congress (SoCo) (prime).

TL;DR

• Downtown sits at trophy tier.
• Average rent $72/sqft/yr vs city average 60.
• Compared submarkets: Domain (prime), East Austin (prime), South Congress (SoCo) (prime).

Side-by-side with peers

**Domain** (prime, $56/sqft/yr) — Premier suburban mixed-use trophy. **East Austin** (prime, $50/sqft/yr) — Creative and tech repositioning frontier. **South Congress (SoCo)** (prime, $58/sqft/yr) — Boutique creative HQ market. **Mueller** (established, $42/sqft/yr) — Master-planned Class A campus.

Key facts

Frequently asked questions

What other submarkets compete with Downtown in Austin?

Domain, East Austin, South Congress (SoCo)

Related

• Downtown — submarket overview
• Austin — full city profile
• Austin submarkets — all
• Downtown — Rents
• Downtown — Tenants
• Downtown — Transit
• Downtown — Amenity

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

Related topics

• Class A Lease Negotiation — How to negotiate a Class A office lease — the playbook from LOI to signed deal.
• Hybrid Workplace Strategy — How to size, structure, and lease a Class A office for a hybrid workforce.
• ESG / LEED for Tenants — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease.
• Cross-border Expansion — How to run a coordinated Class A office search across multiple geographies.
• Fit-out Capex — How to budget, sequence, and govern Class A office fit-out">fit-out capex.
• Lease vs Flex — When premium flex (coworking, managed office) beats a conventional Class A lease — and vice versa.