Moving into Austin from another Tier 1 market means re-baselining occupancy economics in USD, re-running headcount density against local norms, and translating lease terminology to local conventions.
Moving into Austin from another Tier 1 market means re-baselining occupancy economics in USD, re-running headcount density against local norms, and translating lease terminology to local conventions.
Headline Austin rent is 60 USD/sqft/yr ($60 USD). Translate your incumbent occupancy cost-per-seat to the same basis using the Occupancy Cost tool. Most cross-border moves underestimate fit-out">fit-out timeline and overestimate density transferability.
Modified-gross structures with opex pass-throughs. 7-10 year terms common; trophy can push to 12-15. Free rent of 14-22 months and TI of $100-$150/sqft typical. Use the Lease Term Translator to map terminology before reading the LOI.
Engage a tenant-rep broker, local counsel, an MEP/AV designer with Austin project history, and a project manager who has run a Class A fit-out in this market in the last 24 months.
| city | Austin |
|---|---|
| country | United States |
| region | Americas |
| classARentLocal | 60 USD/sqft/yr |
| classARentUsd | $60/sqft/yr |
| vacancy | 27.8% |
| typicalLeaseYears | 10 |
| typicalRentFreeMonths | 18 |
| submarkets | 5 |
| primeYieldPct | 6.8% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.