Cheap Apartments for Rent in Austin, TX from $400(1,235 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
close
View Me
6110 Ringsby Rd
$5341 Bedroom, 1 Bath Home for RentAvailable Now

6110 Ringsby Rd

Austin, TX 78747
View Details
close
View Me
1604 Singleton Ave
$6505 Bedroom, 2 Bath Home for RentAvailable Feb 28, 2025

1604 Singleton Ave

Austin, TX 78702
View Details
close
View Me
1109 Gardner Cove
$6504 Bedroom, 1 Bath Home for RentAvailable Feb 28, 2025

1109 Gardner Cove

Austin, TX 78721
View Details
close
View Me
9803 Chukar Cir
$6504 Bedroom, 2 Bath Home for RentAvailable Now

9803 Chukar Cir

Austin, TX 78758
View Details
close
View Me
5402 Brompton Cir
$6753 Bedroom, 1 Bath Home for RentAvailable Dec 31

5402 Brompton Cir

Austin, TX 78745
View Details

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

Read Article
close
View Me
1901 Crossing Pl
$7004 Bedroom, 4 Bath Home for RentAvailable Dec 27

1901 Crossing Pl

Austin, TX 78741
View Details
close
View Me
5407 Tipton Dr
$7504 Bedroom, 2 Bath Home for RentAvailable Now

5407 Tipton Dr

Austin, TX 78723
View Details
close
View Me
9104 Quail Creek Dr
$7753 Bedroom, 2 Bath Home for RentAvailable Now

9104 Quail Creek Dr

Austin, TX 78758
View Details
close
View Me
1805 Haskell St
$7753 Bedroom, 2 Bath Home for RentAvailable Mar 31, 2025

1805 Haskell St

Austin, TX 78702
View Details
close
View Me
1108 Nueces St
$8015 Bedroom, 2 Bath Home for RentAvailable Now

1108 Nueces St

Austin, TX 78701
View Details
Showing Results 1-50, Page 1 of 25

Austin, TX Local Guide

Photo of Trey Huguley - Senior Manager, Product Marketing
Written By:
Trey Huguley
Senior Manager, Product Marketing

Cheapest Neighborhoods for Apartments in Austin, TX

Pricing Updated: 12/26/2024

Current apartment rentals in the Austin, TX area range in price from $430 to $20,494 with an overall median price of $2,878. The three Austin neighborhoods with the lowest median rent pricing are Shadowglen at $1,300, Elm Creek at $875, and Western Oaks at $1,115. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Austin Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Shadowglen$1,300$1,3001
Elm Creek$1,489$87530
Western Oaks$1,560$1,11524
Heritage$1,610$600275
Hometown Kyle - The Estates$1,637$535427
Hunters Chase$1,641$675223
Bryker Woods$1,718$93097
South Lamar$1,750$432283
Central Austin$1,800$600493
University of Texas Austin$1,800$600560

Cheapest Available Austin Apartments for Rent

 

The cheapest available apartment rental in Austin, TX is a 1 Bed unit found at Aspire at Onion Creek in the Southeast Austin neighborhood priced from $556. Yager Flats in the Pioneer Crossing neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $632. Here is today’s list of the most affordable Austin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Aspire at Onion CreekA11BR,1BA$556
Yager Flats1 Bedroom 1 Bathroom1BR,1BA$632
Copperline at Village OaksA31BR,1BA$675
Chevy Chase Downs1BR/1BA1BR,1BA$699
Longspur CrossingB1BR,1BA$703
The FielderA1AFF1BR,1BA$724
Landmark at Prescott Woods Apartment HomesZilker1BR,1BA$724
Churchill Crossing ApartmentsA41BR,1BA$726
Whisper HollowOne Bed / One Bath1BR,1BA$750
The EnclaveE2Studio,1BA$757

Best Value Apartments for Rent in Austin, TX

As of December 26, 2024 the best value apartment in the Austin area is the $1.19 price per square foot Fir Model at Beacon at Presidential Heights in the in the Travis Northeast neighborhood starting from $2,170. The second greatest value Austin apartment is the 2B2B Model at The Olivine starting at $1,270 with a $1.17 price per square foot in the Milwood neighborhood. 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.
Beacon at Presidential HeightsFir4BR,2BA$1.19
The Olivine2B2B2BR,2BA$1.17
Aria GrandC13BR,2BA$1.15
Southwest TrailsB12BR,2BA$1.17
The BelmontA11BR,1BA$1.15
8907 Parkfield Dr2 Beds, 1 Baths2BR,1BA$1.19
Arts at Turtle CreekB12BR,2BA$1.12
Acacia CliffsA11BR,1BA$1.12
Eryngo Hills1 Bedroom1BR,1BA$1.13
Aspire at Onion CreekA11BR,1BA$0.77

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

Austin Overview

What’s the reason that Austin is one of the fastest-growing cities in America? Actually, there are a number of reasons, not the least of which is its warm weather. It’s also been called the live music capital of the world. While some may argue that point, one thing is certain. Austin is a city of festivals—music festivals, film festivals, and even a Brazilian Carnaval festival.

From reggae to rodeos, golf to gardening, and motorsports to malls, Austin’s cultural and artistic diversity offers something for everyone. Nature lovers enjoy the botanical gardens and the numerous parks and biking trails. Athletes enjoy rock climbing and the yearly marathon, which features live musical accompaniment from over 40 bands.

Austin offers a variety of educational options, with more than 10 institutions of higher learning.

Add walkable neighborhoods, world-class museums and a ballet company, and it’s easy to understand its soaring popularity. Besides events that attract tourists from all over the world, the city offers residents a multitude of enjoyable activities, many of which are free. Maybe the biggest reason for Austin’s popularity is its success in keeping its quality of life higher than its cost of living.

If you’re looking for an apartment in Austin, our updated prices, pictures and floorplans can help you find the perfect place to call home.

Why live in Austin, TX?

Austin is famed for being one of the most unique and quirky cities in the country, a reputation that is well-earned. The city's unofficial motto of "Keep Austin" Weird highlights the independent streak Austinites are known for throughout Texas. Currently, the city has a population of just under a million inhabitants with a metro density of just over two million. There is a lot of going in this state capital. The amount of diverse activities available is simply staggering.

Austin it seems has a little something for everyone. First, it is known as the Live Music Capital of The World due to the famous live Austin City Limits music concerts at The Moody Theater, as well as the South by Southwest festival. Along with its music, the culinary scene is lively and eclectic offering everything from BBQ to tacos and even artisanal donuts. The nightlife is lively with many bars crafting strange and fun adult beverage creations. If you're an outdoors lover, Austin offers almost three hundred days of sunshine, spend all those sunny days in its various parks, biking and hiking trails. Austin truly does have something for everyone.

Austin, TX
Population: 964,254

Ranked #11

in US Census Population by City

decorative image of people examining a giant globe and floating graphs

Pet Friendly Lifestyle
Austin, TX

Ranked #3

Among cities in Texas for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Austin, TX Rentals by Map

Decorative image of map

See the most popular apartments and homes in Austin, TX

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

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.

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 Copperline at Village Oaks listed at $684.

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

The lowest price for a Cheap One Bedroom Austin Apartment is $556 at Aspire at Onion Creek.

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 $668 at Aspire at Onion Creek.

What is the most affordable Austin Three Bedroom Apartment?

The best deal on a cheap Austin Three Bedroom Apartment rental is at Aspire at Onion Creek and starts from $771.

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 The 10 Best Affordable Neighborhoods in Austin, TX article

The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

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

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 Navigating the World of Low-Income Housing: A Comprehensive Guide article

Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.