Austin has 5 distinct Class A submarkets we track, anchored by Downtown at the trophy tier.

  • 5 submarkets covered.
  • Trophy tier: Downtown.
  • Prime tier: Domain, East Austin, South Congress (SoCo).
  • Established/emerging tier: Mueller.

Austin Class A submarkets

Austin has 5 distinct Class A submarkets we track, anchored by Downtown at the trophy tier.

TL;DR

  • 5 submarkets covered.
  • Trophy tier: Downtown.
  • Prime tier: Domain, East Austin, South Congress (SoCo).
  • Established/emerging tier: Mueller.

By tier

**Downtown** (trophy, ~$72/sqft/yr) — Austin's trophy core. **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

cityAustin
countryUnited States
regionAmericas
classARentLocal60 USD/sqft/yr
classARentUsd$60/sqft/yr
vacancy27.8%
typicalLeaseYears10
typicalRentFreeMonths18
submarkets5
primeYieldPct6.8%
trophyCount1
primeCount3

Frequently asked questions

How many Class A submarkets are in Austin?
5, ranging from trophy (Downtown) down to established and emerging clusters.

Editorial provenance

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

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