Cheap 2 Bedroom Apartments for Rent in Austin, TX from $675 (773 Rentals)

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Austin's Best Affordable Neighborhoods

Learn about Austin and the best places to live with original content written by our Austin, TX Local Expert Raul Mercado

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Austin, TX Local Guide

Quick Rent Budget Calculator

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Getting Around Austin, TX

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

59 / 100

Bikeable

Some bike infrastructure

Transit Score®

36 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Austin, TX Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Kevin • 4+ years in Austin

March 25, 2025

Happy, vibrant, busy, lots of traffic, great restaurants. Liberal.

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 Franklin Park listed at $703.

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

The lowest price for a Cheap One Bedroom Austin Apartment is $703 at Franklin Park.

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 $703 at Franklin Park.

What is the most affordable Austin Three Bedroom Apartment?

The best deal on a cheap Austin Three Bedroom Apartment rental is at Franklin Park and starts from $703.

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.

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The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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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.

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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.

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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.