
Cheap Apartments for Rent in the Cherrywood Neighborhood of Austin, TX from $700 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cherrywood area of Austin.


M Station

901 E 40th St

924 E Dean Keeton St

The Abali Apartments

4105 Speedway

926 E Dean Keeton St

Platform

4103 Speedway

1026 Ellingson Ln
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

2900 Cole St

Starlight

Aldrich 51 - 1002

Blackstone Apartments

The Blockyard

Rivette Tower

1230 E 38th 1/2 St

Sabina

1903 E 20th St

Marq Uptown

THE EASTWOOD

Mosaic at Mueller

404 E 35th St
Cherrywood, Austin, TX Local Guide

How much does it cost to rent an apartment in Cherrywood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cherrywood Studio Apartments | $1,685 | $707 | $2,761 |
Cherrywood 1 Bedroom Apartments | $2,275 | $806 | $4,877 |
Cherrywood 2 Bedroom Apartments | $2,928 | $875 | $6,522 |
Cherrywood 3 Bedroom Apartments | $3,832 | $1,818 | $5,551 |
Cherrywood 4 Bedroom Apartments | $6,400 | $6,400 | $6,400 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 1 mile radius of the Cherrywood Neighborhood of Austin, TX.
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Cherrywood, Austin, TX Local Guide
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Cheapest Neighborhoods for Apartments in Cherrywood, TX
Pricing Updated: 03/21/2025Current apartment rentals in the Cherrywood, TX area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Cherrywood Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
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Cheapest Available Cherrywood Apartments for Rent
 The cheapest available apartment rental in the Cherrywood area of Austin, TX is a 1 Bed unit found at M Station priced from $806. Volume 1 has the second lowest priced unit, which is a Studio apartment currently listed from $824. Here are the most affordable Cherrywood apartments for rent in Austin, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
M Station | A1 | 1BR,1BA | $806 |
Volume 1 | Vol 1 - Studio | Studio,1BA | $824 |
Volume 2 | Vol 1 - Studio | Studio,1BA | $824 |
Volume 3 | Vol 3 - Studio | Studio,1BA | $849 |
Volume 4 | Vol 4 - Studio | Studio,1BA | $899 |
The Abali Apartments | A1 | Studio,1BA | $900 |
Platform | E1* | Studio,1BA | $961 |
Volume 7 | Vol 7 - 1 Bedroom 1 Bathroom | 1BR,1BA | $1,024 |
Aldrich 51 - 1002 | E2-50% | Studio,1BA | $1,035 |
Volume 8 | Vol 8 - 1 Bedroom 1 Bathroom | 1BR,1BA | $1,049 |
Best Value Apartments for Rent in Cherrywood, TX
As of March 21, 2025 the best value apartment in the Cherrywood area is the $1.47 price per square foot 2x2 Model at Blackstone Apartments in the in the East Austin neighborhood starting from $1,400. The second greatest value Cherrywood apartment is the B1 Model at Casa Del Rio Apartments starting at $1,499 with a $1.89 price per square foot in the East Austin neighborhood. Here is today’s list of the best values for Cherrywood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Blackstone Apartments | 2x2 | 2BR,2BA | $1.47 |
Casa Del Rio Apartments | B1 | 2BR,1BA | $1.89 |
River Oaks | PRE LEASE NOW 2025 A1 | 1BR,1BA | $1.69 |
M Station | A1 | 1BR,1BA | $1.13 |
Alma Cherrywood | Alma Cherrywood - A2 - 1 Bed | 1 Bath | 1BR,1BA | $1.71 |
Volume 7 | Vol 7 - 1 Bedroom 1 Bathroom | 1BR,1BA | $1.68 |
MLK Highline | Minimalist | S1-D | Studio ,1BA | $2.10 |
Volume 8 | Vol 8 - 1 Bedroom 1 Bathroom | 1BR,1BA | $1.83 |
The Abali Apartments | A1 | Studio ,1BA | $1.63 |
Volume 3 | Vol 3 - Studio | Studio ,1BA | $2.15 |
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Pet Friendly LifestyleCherrywood, Austin, TX
Ranked #118
Among neighborhoods in Austin, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Cherrywood Apartments
What is a cheap apartment in Cherrywood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cherrywood is under $1,049.
What is the price of a cheap apartment in Cherrywood?
The cheapest apartment in Cherrywood is M Station which is listed at $806, while the average apartment in Cherrywood costs $6,400.
What types of apartments are the cheapest in Cherrywood?
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 1,709 regular apartments in Cherrywood 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 Cherrywood?
Cheap apartments in Cherrywood have an average cost of $416 which is $5,984 cheaper than the average rent for all rentals in Cherrywood.
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.

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.

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.