South Congress (SoCo) is a prime-tier Austin submarket with average asking rent around $58/sqft/yr.

  • Average asking rent: $58/sqft/yr.
  • Tier: prime.
  • Citywide Class A rent context: $60/sqft/yr ($60 USD).
  • Citywide vacancy: 27.8% — submarket-level availability is typically tighter at prime tier.

South Congress (SoCo), Austin office rents and availability

South Congress (SoCo) is a prime-tier Austin submarket with average asking rent around $58/sqft/yr.

TL;DR

  • Average asking rent: $58/sqft/yr.
  • Tier: prime.
  • Citywide Class A rent context: $60/sqft/yr ($60 USD).
  • Citywide vacancy: 27.8% — submarket-level availability is typically tighter at prime tier.

Where rent sits

South Congress (SoCo) averages around $58/sqft/yr for Class A, against a citywide Class A index of 60. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

Boutique creative HQ market. Creative agencies, fashion brand HQs, hospitality groups.

Key facts

cityAustin
submarketSouth Congress (SoCo)
tierprime
averageRentLocal$58/sqft/yr
cityClassARentUsd$60/sqft/yr
cityVacancyPct27.8%

Frequently asked questions

What is the average Class A rent in South Congress (SoCo), Austin?
Around $58/sqft/yr. The citywide Class A index sits at $60/sqft/yr.

Related

Editorial provenance

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

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