
Cheap Low Income Apartments for Rent in Austin, TX from $400 (131 Rentals)
Search the lowest-cost Apartments available for rent right now in Austin.


The Rhett

Libertad Austin

Parker Lane Apartments

The Rail

Bridge at Turtle Creek

The Beckett

Bridge at Harris Ridge

The Studio at ThinkEast

M Station
Navigating the World of Low-Income Housing
A Comprehensive Guide to Understanding Low Income Renting

Village at Collinwood

Southwest Trails

Acclaim at South Congress

Bridge at Three Hills

Platform

Bridgehead

Bridge at Avery Ranch

The Palms on Lamar

Artisan Apartments & Shops
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

Crosstown

3600 Capitol View (Slaughter)

Eastside at 2201

The Loretta

Heritage Estates at Wells Branch 55+

Bridge at Estancia

Lodge At Merrilltown Apartments

Forest Park

Aria Grand

Bexley at Tech Ridge

Arbors at Creekside Apartments

Harris Branch Seniors

Vi Collina

Wildflower Terrace - Senior Living 55+

Talavera Lofts

Arrowhead Park Apartments

Los Portales de Lena Guerrero

Park South

The Belmont

Bridge at Windsor Park

High Point Preserve

Sierra Vista

Lakeline Station Apartments

Laurel Creek Apartments

Residences at Rubi

Prospect

Saison North
Austin, TX Local Guide

How much does it cost to rent an apartment in Austin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Austin Studio Apartments | $1,418 | $707 | $8,415 |
Austin 1 Bedroom Apartments | $1,647 | $450 | $10,000+ |
Austin 2 Bedroom Apartments | $2,069 | $675 | $10,000+ |
Austin 3 Bedroom Apartments | $2,429 | $650 | $10,000+ |
Austin 4 Bedroom Apartments | $2,081 | $560 | $9,600 |
Austin 5 Bedroom Apartments | $2,134 | $830 | $5,500 |
Austin 6 Bedroom Apartments | $3,995 | $3,995 | $3,995 |
Explore Austin
Austin, TX Local Guide
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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.
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
Frequently Asked Questions about Cheap Austin Apartments
What is a cheap apartment in Austin?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Austin is under $534.
What is the price of a cheap apartment in Austin?
The cheapest apartment in Austin is 509 Red Tailed Hawk Dr which is listed at $490, while the average apartment in Austin costs $3,400.
What types of apartments are the cheapest in Austin?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 24,968 regular apartments in Austin that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Austin?
Cheap apartments in Austin have an average cost of $591 which is $2,809 cheaper than the average rent for all rentals in Austin.
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.

The 10 Best Affordable Neighborhoods in Austin, TX
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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.

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.