The 2026 Guide to Opening a Coworking Space in Austin
Thinking of opening a space in Austin? With a population of 1,000,000 and only 70 existing spaces, the market is moderate.
Financial Feasibility
Understanding the costs and revenue potential in Austin
Average Commercial Rent
$46
per square foot
The average commercial rent in Austin is $46 per sq ft. This is a key factor in determining your break-even point and pricing strategy.
Average Desk Price
$400
per month
To break even, you'll need to charge competitive rates. The average hot desk in Austin goes for $400/month, giving you a benchmark for pricing your space.
Infrastructure & Connectivity
Essential infrastructure for modern coworking spaces
Internet Speed
320 Mbps
Coworking relies on speed. Austin boasts an average internet speed of 320 Mbps, making it great for remote workers and digital nomads who depend on reliable, fast connectivity.
Competition Analysis
Understanding the competitive landscape in Austin
Existing Competitors
70
coworking spaces
There are currently 70 existing coworking spaces in Austin, representing approximately 7.0 spaces per 100,000 residents.
Market Status
With 7.0 spaces per 100k residents, Austin has a moderate market. Success will depend on location, amenities, and clear value propositions.
Note: All values are approximate modeling numbers, not exact figures. Populations are based on Census/Vintage 2024 estimates. Desk prices and internet speeds are calibrated from national reports and rounded for clarity.
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