Cheap Apartments for Rent in the Central East Austin Neighborhood of Austin, TX from $500 (186 Rentals)

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

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 1600 West Ave

1600 West Ave

AustinTX78701
property at 1008 W 25th St

1008 W 25th St

AustinTX78705
property at 97 Anthony St

97 Anthony St

AustinTX78702
property at 505 W 18th St

505 W 18th St

AustinTX78701
property at 2612 Salado St

2612 Salado St

AustinTX78705
property at 2610 Salado St

2610 Salado St

AustinTX78705
property at 1302 W 24th St

1302 W 24th St

AustinTX78705
Showing Results 1-50, Page 1 of 4

Central East Austin, Austin, TX Local Guide

Cheapest Available Central East Austin Apartments for Rent

 

The cheapest available apartment rental in the Central East Austin area of Austin, TX is a Studio unit found at Mesh Apartments priced from $719. Element Austin Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Central East Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Mesh ApartmentsE1-Mesh IIIStudio,1BA$719
Element Austin ApartmentsE1Studio,1BA$800
M StationA11BR,1BA$806
Volume 1Vol 1 - StudioStudio,1BA$824
Volume 2Vol 1 - StudioStudio,1BA$824
San Gabriel Square ApartmentsSmall EfficencyStudio,1BA$849
Volume 4Vol 4 - StudioStudio,1BA$849
Volume 3Vol 3 - StudioStudio,1BA$924
Swisher ApartmentsUpdated North Campus One Bedroom1BR,1BA$950
Villas on RioB5-SHARED2BR,2BA$959

Best Value Apartments for Rent in Central East Austin, TX

As of April 11, 2025 the best value apartment in the Central East 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 East 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 East 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
Springdale Estates Apartments3 Bedroom Townhome3BR,2BA$1.50
HillTopFrio C3BR,2BA$0.99
Regency - Fabulous landmark Downtown Austin property2 Bedroom/2 Bath (1150 sq. ft.)2BR,2BA$1.33
Marian Condos2BR/2.0BA2BR,2BA$1.10
Venue on GuadalupeB3A2BR,2BA$1.06
Parker Heights Apartments2BR/1.0BA2BR,1BA$1.07
Sparq on RioSan Antonio2BR,2BA$1.54
Aria GrandA11BR,1BA$1.45

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Central East Austin, Austin, TX

Ranked #8

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

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Texas and customized analysis for Central Austin, TX. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, family-friendliness, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Central East Austin Apartments

What is a cheap apartment in Central East Austin?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central East Austin is under $959.

What is the price of a cheap apartment in Central East Austin?

The cheapest apartment in Central East Austin is M Station which is listed at $806, while the average apartment in Central East Austin costs $16,700.

What types of apartments are the cheapest in Central East 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 275 regular apartments in Central East 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 East Austin?

Cheap apartments in Central East Austin have an average cost of $682 which is $16,018 cheaper than the average rent for all rentals in Central East 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.

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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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.