Cheap Apartments for Rent in the Central Austin Neighborhood of Austin, TX from $600 (101 Rentals)

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

property at 400 W 34th St

400 W 34th St

AustinTX78705
property at 630 Maiden Ln

630 Maiden Ln

AustinTX78705

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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property at 2900 Cole St

2900 Cole St

AustinTX78705
property at 1010 W 26th St

1010 W 26th St

AustinTX78705
property at 1600 West Ave

1600 West Ave

AustinTX78701
property at 619 W 37th St

619 W 37th St

AustinTX78705
property at 1008 W 25th St

1008 W 25th St

AustinTX78705
property at 2612 Salado St

2612 Salado St

AustinTX78705
property at 2610 Salado St

2610 Salado St

AustinTX78705
property at 912 W 22 1/2 St

912 W 22 1/2 St

AustinTX78705
property at 911 W 22nd St

911 W 22nd St

AustinTX78705
property at 1302 W 24th St

1302 W 24th St

AustinTX78705
Showing Results 1-50, Page 1 of 3

Central Austin, Austin, TX Local Guide

Cheapest Available Central Austin Apartments for Rent

 

The cheapest available apartment rental in the Central Austin area of Austin, TX is a 2 Beds unit found at San Gabriel Square Apartments priced from $899. Villas on Rio has the second lowest priced unit, which is a 4 Beds apartment currently listed from $949. Here are the most affordable Central Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
San Gabriel Square ApartmentsSmall Efficency2BR,1BA$899
Villas on RioD5TH-SHARED4BR,4BA$949
305 FlatsCap CityStudio,1BA$950
Blackstone Apartments1x11BR,1BA$950
Mauna Kai AustinModel A/BStudio,1BA$975
Nova HouseA11BR,1BA$995
HillTopColorado B4BR,4BA$995
Fountain Terrace ApartmentsS1Studio,1BA$1,095
Oasis at the SpeedwayEasy Tiger1BR,1BA$1,100
Chimney SweepStudio- GoldStudio,1BA$1,100

Best Value Apartments for Rent in Central Austin, TX

As of March 09, 2025 the best value apartment in the Central Austin area is the $0.81 price per square foot 6 Bed, 6 Bath Plus Model at Yugo Austin Waterloo in the in the Central East Austin neighborhood starting from $1,369. The second greatest value Central Austin apartment is the 4 Bed, 4 Bath Deluxe Model at Yugo Austin Rio starting at $1,399 with a $0.88 price per square foot in the Central East Austin neighborhood. Here is today’s list of the best values for Central Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Yugo Austin Waterloo6 Bed, 6 Bath Plus6BR,6BA$0.81
Yugo Austin Rio4 Bed, 4 Bath Deluxe4BR,4BA$0.88
Yugo Austin Nueces4 Bed, 2 Bath Loft4BR,2BA$0.95
HillTopFrio C3BR,2BA$0.99
Cedar 31Plush3BR,1BA$1.67
Venue on GuadalupeB3A2BR,2BA$1.23
Stone Hill Apartments2-Bedroom2BR,2BA$1.77
Sparq on RioSan Antonio2BR,2BA$1.54
Yugo Austin Corner2 Bed, 2 Bath2BR,2BA$1.61
River OaksPRE LEASE NOW 2025 A11BR,1BA$1.69

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Pet Friendly Lifestyle
Central Austin, Austin, TX

Ranked #41

Among neighborhoods in Austin, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Texas, including Austin. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, transit availability, pet-friendly communities, apartment complexes for the kids, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Central Austin Apartments

What is the Cheapest Studio apartment in Central Austin?

Currently the most affordable Cheap Studio Apartment in Central Austin is at San Gabriel Square Apartments listed at $899.

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

The lowest price for a Cheap One Bedroom Central Austin Apartment is $950 at Blackstone Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Central Austin is starting from $899 at San Gabriel Square Apartments.

What is the most affordable Central Austin Three Bedroom Apartment?

The best deal on a cheap Central Austin Three Bedroom Apartment rental is at Villas on Rio and starts from $949.

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 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.

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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.