
Cheap Homes for Rent in Austin, IN from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Austin.


3103 Lighthouse Dr

2424 Addmore Ln

3583 N County Rd 225 W

213 Starlight Dr

421 Mill St

4930 Grant Line Rd

4932 Grant Line Rd

4934 Grant Line Rd

2918 Sunset Dr

10700 US-42
Austin, IN Local Guide

How much does it cost to rent a home in Austin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Austin 2 Bedroom Homes for Rent | $1,356 | $1,220 | $1,500 |
Austin 3 Bedroom Homes for Rent | $1,889 | $1,000 | $3,200 |
Austin 4 Bedroom Homes for Rent | $2,170 | $1,499 | $3,195 |
Austin 5 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
Browse Top Homes for Rent in Austin
Explore Austin
Austin, IN Local Guide
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Cheapest Available Austin Apartments for Rent and Nearby
 The cheapest available apartment rental in Austin, IN is a 1 Bed unit found at Yellowwood Terrace Affordable Senior Housing in the Southern Indiana neighborhood priced from $200. Stonebrook of Scottsburg has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Austin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $200 |
Stonebrook of Scottsburg | A1 | 1BR,1BA | $750 |
Water's Edge | One Bedroom Reservation List | 1BR,1BA | $771 |
281 E Main St | One Bed, One Bath | 1BR,1BA | $775 |
Willow Run | One Bed One Bath | 1BR,1BA | $829 |
Best Value Apartments for Rent in Austin, IN and Nearby
As of April 10, 2025 the best value apartment in the Austin area is the $0.89 price per square foot Koehler Springs II Model at Koehler Springs in the in the Southern Indiana neighborhood starting from $1,200. The second greatest value Austin apartment is the WITH Storage Model at Williams Crossing Townhomes starting at $1,400 with a $1.04 price per square foot in the Southern Indiana neighborhood. Here is today’s list of the best values for Austin apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Koehler Springs | Koehler Springs II | 3BR,2.5BA | $0.89 |
Williams Crossing Townhomes | WITH Storage | 3BR,2.5BA | $1.04 |
Heritage Springs Rentals | Villas of Heritage Springs Apartments | 2BR,2BA | $1.03 |
Parkside Trace Apartments | 2 BEDROOM 2 BATHROOM | 2BR,2BA | $1.05 |
Lakeview Apartments | 2 BEDROOM 2 BATHROOM B | 2BR,2BA | $1.12 |
The Monroe | 2 Bedroom One & One Half Bathroom Deluxe | 2BR,1.5BA | $1.16 |
Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
281 E Main St | One Bed, One Bath | 1BR,1BA | $0.97 |
Water's Edge | One Bedroom Reservation List | 1BR,1BA | $1.10 |
Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
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Frequently Asked Questions about Austin
What type of rentals are currently available in Austin?
There are currently 42 Apartments for Rent in Austin, IN with pricing that ranges from $200 to $2,528. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Austin ranging from $1,000 to $3,200.
What is the current price range for Rental Homes in Austin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Austin ranges from $1,000 to $3,200 with an average monthly rent of $1,903.
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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.

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.