The Markson Austin Apartments: Renters Insurance Guide & What It Actually Costs

Last updated Apr 04, 2026

Thinking about renting at The Markson Austin Apartments in Southwest Austin? With rent at $1,137 - $9,068 and renters insurance running about $12/mo, we've put together what you need to know before you sign — including which carriers offer the best rates for this building and what your lease actually requires.

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5313 Vega Ave, Austin, TX 78735

Southwest Austin

Built 2023 4 stories 330 units
4/5 ·2 reviews
$1,137 - $9,068 /month

Monthly Cost Breakdown at The Markson Austin Apartments

The rent you see on a listing isn't the whole story. Between required monthly fees and renters insurance, the real number at The Markson Austin Apartments is higher than the sticker price. Here's the full picture.

Total Monthly Cost $1,149 – $9,080
Base Rent $1,137 – $9,068
Required Monthly Fees $0
Est. Renters Insurance $12/mo

What You Need to Know About Insurance at The Markson Austin Apartments

What Affects Your Premium Here

Every building is different. These factors specific to The Markson Austin Apartments can push your insurance cost up or down:

Controlled Access

Electronic/key fob entry — reduces unauthorized entry risk

Dog-Friendly

Dogs allowed — consider higher liability coverage

NeighborhoodScout

Safer than only 1% of US cities

What You'll Likely Pay

$12

Est. Monthly

$147

Est. Annual

$12

With Discounts/mo

$14

State Avg/mo

How Much Coverage Makes Sense

Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for The Markson Austin Apartments based on the rent level and building features.

Personal Property Coverage

$75,000 recommended
Low: $40,000 High: $100,000

Liability Coverage

$300,000 $300,000

Dog-friendly community — higher liability recommended for pet-related incidents

How Carriers Compare for This Area

Not all carriers price the same zip code equally. Here's how the major options stack up near The Markson Austin Apartments:

Carrier Est. Monthly Est. Annual Tier Digital
Lemonade $8 $96 budget Yes
USAA $9 $108 budget —
State Farm $12 $144 mid —
Progressive $13 $156 mid Yes
Safeco $13 $156 mid —
Travelers $14 $168 mid —
Allstate $15 $180 mid —
Nationwide $15 $180 mid —
Farmers $16 $192 premium —
Liberty Mutual $18 $216 premium —

Discounts You May Qualify For

Controlled access

Up to 3% off

Claims-free (if applicable)

Up to 10% off

Pay-in-full annual

Up to 7% off

Paperless/autopay

Up to 3% off

Multi-policy bundle

Up to 10% off

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Fees Beyond Rent

These are the extra charges The Markson Austin Apartments tacks on top of base rent. Some are monthly, some are one-time — but they all affect your budget.

Required Fees

Application Fee Per Applicant

Charged per applicant.

$75

Administrative Fee

Charged per unit.

$200

Parking Fees

Parking Fee

Charged per vehicle.

$75 / mo

Garage Lot

Free open parking, reserved spaces available.

Safety & Security

The neighborhood around your apartment directly affects your renters insurance rate — carriers charge more in higher-crime zip codes and less where theft and property damage are rare. Here's what the data says about the area around The Markson Austin Apartments.

1%

Austin overall is safer than only 1% of U.S. cities

This is a city-wide stat — your actual neighborhood may differ. The good news: The Markson Austin Apartments has on-site security features (Package service, Controlled access, Property manager on site, Concierge, Doorman, Covered parking) that insurers recognize with premium discounts.

On-Site Security

Package service Controlled access Property manager on site Concierge Doorman Covered parking

Amenities

Special Features

Game Room Walnut Bedroom Carpet We Work Lounge Spaces Gloss Glass Kitchen Backsplash Pool Courtyard with Lounge Pure White Quartz Countertops Bathroom Shower Surround Tile Bike Storage Downtown Views In Select Units* Sky Lounge Bocce Ball Package Concierge Vinyl Plank Flooring Throughout

Community Features

Wi-Fi Maintenance on site Online Services Pet Washing Station Car Charging Station Key Fob Entry Elevator Clubhouse Lounge Multi Use Room Conference Rooms Roof Terrace Courtyard Fitness Center Pool Bicycle Storage Gameroom

Floor Plan Amenities

Washer/Dryer Air Conditioning Heating Ceiling Fans Trash Compactor Storage Space Dishwasher Ice Maker Stainless Steel Appliances Kitchen Microwave Oven Refrigerator Freezer Quartz Countertops Carpet Vinyl Flooring High Ceilings Views Walk-In Closets Linen Closet Balcony Patio Yard

What's Within Reach

Groceries, pharmacies, gyms — the basics you'll want close by. Here's what's in the neighborhood around The Markson Austin Apartments.

Grocery

  • H-E-B 4.6
  • Marigold Market + Cafe 4.5
  • Walmart Supercenter 4.0

Pharmacy

  • CVS Pharmacy 4.2
  • Walmart Pharmacy 3.9
  • Walgreens Pharmacy 3.9

Hospital

  • Emergency Room (ER) at Baylor Scott & White Health Medical Center - Austin 4.5
  • Ascension Seton Southwest Emergency 4.5
  • Baylor Scott & White Medical Center - Austin 4.4

Gym

  • Gold's Gym Austin South 4.0
  • Crunch Fitness - South Austin 3.7
  • Los Campeones Gym Austin South 4.7

Restaurant

  • PhoWok 4.8
  • Jack Allen's Kitchen Oak Hill 4.6
  • CARVE American Grille - Barton Creek 4.5

Park

  • Dick Nichols District Park 4.6
  • Barton Creek Wilderness Park 4.7
  • The Markson Austin 3.7

Bank

  • ATM
  • ATM (ATM Link, Inc.) 5.0
  • Regions Bank 2.9

Gas

  • Exxon 4.1
  • Circle K | Gas Station
  • Circle K 2.5

Pet Policy

Bringing a pet? Here's what The Markson Austin Apartments allows — and keep in mind, if you have a dog, most insurance advisors recommend bumping your liability coverage to at least $300,000. Standard renters policies cover pet-related incidents, but the default $100,000 limit may not be enough if something happens.

Cats and Dogs Allowed

About The Markson Austin Apartments

Experience the perfect juxtaposition of modern Hill Country living and the eclectic urban spirit of Texas capital. Situated near the lush backdrop of the Barton Creek wilderness, The Markson is surrounded by natural beauty, and only ten minutes away from the unique energy of Austin.

Year Built: 2023
Stories: 4
Total Units: 330
Phone: (512) 960-3439

Other Options Nearby

Still weighing your choices? These communities are in the same part of Austin — with their own insurance costs and safety profiles worth comparing.

Barton Creek Villas Apartments

Southwest Austin

$1,681 - $25,410 Ins: ~$15/mo

Callista Hill Country Apartments

Southwest Austin

$1,099 - $2,943 Ins: ~$14/mo

MAA Western Oaks Apartments

Southwest Austin

$1,283 - $4,958 Ins: ~$14/mo

Monterey Ranch Apartments

Southwest Austin

$925 - $2,870 Ins: ~$15/mo

Ocotillo Apartments

Southwest Austin

$1,242 - $2,363 Ins: ~$13/mo

Settler's Creek Apartments

Southwest Austin

$1,030 - $1,585 Ins: ~$15/mo

Frequently Asked Questions

Does The Markson Austin Apartments require renters insurance?
We didn't find a public insurance requirement for The Markson Austin Apartments, but that doesn't mean there isn't one. Many communities add the requirement during lease signing. It's worth asking the leasing office directly — and even if it's not required, a policy typically runs under $20/month and covers you against theft, fire, and liability.
How much is renters insurance at The Markson Austin Apartments?
For this zip code and building type, expect to pay around $12/month ($147/year). The Markson Austin Apartments has security features that qualify for discounts — with those applied, you could pay as little as $12/month. For context, the statewide average is $14/month, so this building is below average.
What will I actually pay per month at The Markson Austin Apartments?
Plan for $1,149 to $9,080/month all-in. That's base rent ($1,137 - $9,068), plus roughly $12/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
Does The Markson Austin Apartments allow pets?
Yes, The Markson Austin Apartments is pet-friendly. Here are the details: Cats and Dogs Allowed. If you have a pet, keep in mind that most renters insurance policies cover pet liability — but you may want to increase your liability limit, especially for larger breeds.
What floor plans does The Markson Austin Apartments offer?
There are 16 floor plans to choose from, spanning 1-bedroom, 2-bedroom, 3-bedroom layouts. Rent ranges from $1,137 - $9,068. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.

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Disclaimer

The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.

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