Cheap Apartments for Rent in the Chestnut Neighborhood of Austin, TX from $500 (177 Rentals)

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

property at 400 W 34th St

400 W 34th St

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

Read Article
property at 630 Maiden Ln

630 Maiden Ln

AustinTX78705
property at 2900 Cole St

2900 Cole St

AustinTX78705
property at 619 W 37th St

619 W 37th St

AustinTX78705
property at 97 Anthony St

97 Anthony St

AustinTX78702
Showing Results 1-50, Page 1 of 4

Chestnut, Austin, TX Local Guide

Cheapest Available Chestnut Apartments for Rent

 

The cheapest available apartment rental in the Chestnut area of Austin, TX is a 1 Bed unit found at Libertad Austin priced from $632. The Studio at ThinkEast has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Chestnut apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Libertad AustinA11BR,1BA$632
The Studio at ThinkEastStudio/ One bathStudio,1BA$799
M StationA11BR,1BA$806
Volume 2Vol 1 - StudioStudio,1BA$824
Volume 1Vol 1 - StudioStudio,1BA$824
Volume 3Vol 3 - StudioStudio,1BA$849
Pathways at Chalmers Courts West1A1BR,1BA$875
Volume 4Vol 4 - StudioStudio,1BA$899
The Abali ApartmentsA1Studio,1BA$900

Best Value Apartments for Rent in Chestnut, TX

As of March 22, 2025 the best value apartment in the Chestnut 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 Chestnut 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 Chestnut 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
The Studio at ThinkEastThree bedroom / Two bath3BR,2BA$1.38
The Jordan at MuellerTwo Bedrooms2BR,2BA$1.25
Venue on GuadalupeB3A2BR,2BA$1.23
Blackstone Apartments2x22BR,2BA$1.47
M StationA11BR,1BA$1.13
Pathways at Chalmers Courts West1A1BR,1BA$1.28
Libertad AustinA11BR,1BA$0.97

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Chestnut, Austin, TX

Ranked #14

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Chestnut, Austin, TX

School data provided by Great Schools

Best Local Schools in
Chestnut, Austin, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, 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 filtering automatically for proximity to parks, luxury housing options, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Chestnut Neighborhood in Austin, TX

Walk Score®

82 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

90 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

55 / 100

Good Transit

Many 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.

Frequently Asked Questions about Cheap Chestnut Apartments

What is a cheap apartment in Chestnut?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chestnut is under $900.

What is the price of a cheap apartment in Chestnut?

The cheapest apartment in Chestnut is Libertad Austin which is listed at $632, while the average apartment in Chestnut costs $2,622.

What types of apartments are the cheapest in Chestnut?

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 4,970 regular apartments in Chestnut 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 Chestnut?

Cheap apartments in Chestnut have an average cost of $750 which is $1,872 cheaper than the average rent for all rentals in Chestnut.

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.