Cheap Apartments for Rent in Austin, CO from $700 (38 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Austin.

property at 730 US-50

730 US-50

Grand JunctionCO81503
property at 2222 North Ave

2222 North Ave

Grand JunctionCO81501
property at 1810 North Ave

1810 North Ave

Grand JunctionCO81501
property at 2400 North Ave

2400 North Ave

Grand JunctionCO81501
property at 1181 Main St

1181 Main St

Grand JunctionCO81501
close
View Me
Basecamp
1 to 2 Bedroom Apartments

Basecamp

41 N 6th StMontrose, CO 81401

Austin, CO Local Guide

Cheapest Available Austin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Austin, CO is a Studio unit found at The Junction in the Historic Downtown Grand Junction neighborhood priced from $1,292. Peppermill Lofts in the Historic Downtown Grand Junction neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,550. Here is today’s list of the most affordable Austin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The JunctionJackalope- 0BR/1BAStudio,1BA$1,292
Peppermill Lofts2x1 900 SF2BR,1BA$1,550
BasecampOne Bedroom1BR,1BA$1,585
951 Iowa Avenue3BR/1.0BA3BR,1BA$1,595
Rya Suites2B2BR,2BA$1,799
L3 at Green Leaf LoftsL3 E11BR,1BA$2,179
Green Leaf LoftsA11BR,1BA$2,402
MountainView Flats2 Bedroom2BR,1BA$2,800
Tree Farm LoftsE2Studio,1BA$2,933
Hayden PlaceA31BR,1BA$3,177

Best Value Apartments for Rent in Austin, CO and Nearby

As of March 07, 2025 the best value apartment in the Austin area is the $3.45 price per square foot B2 Model at Green Leaf Lofts in the starting from $3,701. The second greatest value Austin apartment is the 3BR/1.0BA Model at 951 Iowa Avenue starting at $1,595 with a $1.56 price per square foot . Here is today’s list of the best values for Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Green Leaf LoftsB22BR,2BA$3.45
951 Iowa Avenue3BR/1.0BA3BR,1BA$1.56
Peppermill Lofts2x1 900 SF2BR,1BA$1.72
BasecampOne Bedroom1BR,1BA$2.20
Hayden PlaceA31BR,1BA$4.43
L3 at Green Leaf LoftsL3 E11BR,1BA$4.07
Tree Farm LoftsE1Studio ,1BA$6.79
The JunctionUte- 0BR/1BAStudio ,1BA$2.93

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Austin, CO Rentals by Map

View MapAustin, CO Apartments MapView MapAustin, CO Rental Homes Map

Frequently Asked Questions about Cheap Austin Apartments

What is the Cheapest Studio apartment in Austin?

Currently the most affordable Cheap Studio Apartment in Austin is at The Junction listed at $1,292.

How much is rent for a Cheap One Bedroom Austin Apartment?

The lowest price for a Cheap One Bedroom Austin Apartment is $1,585 at Basecamp.

What is the lowest price for a Cheap Two Bedroom Austin Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Austin is starting from $1,550 at Peppermill Lofts.

What is the most affordable Austin Three Bedroom Apartment?

The best deal on a cheap Austin Three Bedroom Apartment rental is at 951 Iowa Avenue and starts from $1,595.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.