Cheap 3 Bedroom Apartments for Rent in the Downtown Austin Neighborhood of Austin, TX from $1,549 (2 Rentals)
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Downtown Austin, Austin, TX Local Guide

How much does it cost to rent an apartment in Downtown Austin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Austin Studio Apartments | $2,178 | $702 | $6,642 |
Downtown Austin 1 Bedroom Apartments | $3,009 | $753 | $9,520 |
Downtown Austin 2 Bedroom Apartments | $4,328 | $1,400 | $10,000+ |
Downtown Austin 3 Bedroom Apartments | $7,520 | $1,549 | $10,000+ |
Downtown Austin 4 Bedroom Apartments | $1,470 | $1,099 | $1,675 |
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Downtown Austin, Austin, TX Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Cheap Downtown Austin Apartments
What is a cheap apartment in Downtown Austin?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Austin is under $1,620.
What is the price of a cheap apartment in Downtown Austin?
The cheapest apartment in Downtown Austin is 1400 Rio Grande Apartments which is listed at $2,100, while the average apartment in Downtown Austin costs $4,709.
What types of apartments are the cheapest in Downtown 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 59 regular apartments in Downtown 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 Downtown Austin?
Cheap apartments in Downtown Austin have an average cost of $775 which is $3,934 cheaper than the average rent for all rentals in Downtown 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.

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