Cheap Apartments for Rent in the Central Austin Neighborhood of Austin, TX from $600 (100 Rentals)Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Central Austin area of Austin.
Central Austin, Austin, TX Local Guide

How much does it cost to rent an apartment in Central Austin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Central Austin Studio Apartments | $1,597 | $800 | $2,230 |
Central Austin 1 Bedroom Apartments | $1,851 | $915 | $4,269 |
Central Austin 2 Bedroom Apartments | $1,807 | $675 | $6,914 |
Central Austin 3 Bedroom Apartments | $1,407 | $650 | $4,695 |
Central Austin 4 Bedroom Apartments | $1,462 | $720 | $9,600 |
Central Austin 5 Bedroom Apartments | $1,887 | $830 | $5,500 |
Browse Apartments in this Neighborhood
There are currently 100 rentals with your search options within a 2 mile radius of the Central Austin Neighborhood of Austin, TX.
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Frequently Asked Questions about Cheap Central Austin Apartments
What is a cheap apartment in Central Austin?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Austin is under $1,150.
What is the price of a cheap apartment in Central Austin?
The cheapest apartment in Central Austin is Nova House which is listed at $995, while the average apartment in Central Austin costs $16,700.
What types of apartments are the cheapest in Central 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 210 regular apartments in Central 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 Central Austin?
Cheap apartments in Central Austin have an average cost of $996 which is $15,704 cheaper than the average rent for all rentals in Central 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.

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.