Cheap Apartments for Rent in the Downtown Austin Neighborhood of Austin, TX from $700 (44 Rentals)

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

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1906 San Gabriel St
$995Studio, 1 Bath RentalsAvailable Now

1906 San Gabriel St

Austin, TX 78705
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505 W 18th St
$1,0501 Bedroom, 1 Bath RentalsAvailable Now

505 W 18th St

Austin, TX 78701
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1108 Nueces St
$1,2501 Bedroom, 1 Bath RentalsAvailable Now

1108 Nueces St

Austin, TX 78701
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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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Zinfandel
1 Bedroom Apartments

Zinfandel

2020 Nueces StAustin, TX 78705
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The Willows
Studio to 2 Bedroom Apartments

The Willows

600 S 1st StAustin, TX 78704
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710 E 3rd St
Studio to 2 Bedroom Apartments

710 E 3rd St

710 E 3rd StAustin, TX 78701
Furnished
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The Beverly Austin
Studio to 2 Bedroom Apartments

The Beverly Austin

901 Red River StAustin, TX 78701

Downtown Austin, Austin, TX Local Guide

Cheapest Available Downtown Austin Apartments for Rent

 

The cheapest available apartment rental in the Downtown Austin area of Austin, TX is a Studio unit found at The Ladybird - 1033 priced from $1,031. Residences at Saltillo has the second lowest priced unit, which is a Studio apartment currently listed from $1,102. Here are the most affordable Downtown Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
The Ladybird - 1033E1.d-50%Studio,1BA$1,031
Residences at SaltilloE1 - SMARTStudio,1BA$1,102
Rio House Apartments1 Bedroom1BR,1BA$1,250
1400 Rio Grande ApartmentsefficiencyStudio,1BA$1,300
SoCo on the Lake0BStudio,1BA$1,319
The WillowswilA21BR,1BA$1,340
Corazone1Studio,1BA$1,420
The WeaverS1Studio,1BA$1,430
The ShoalE2Studio,1BA$1,497
The Beverly AustinA11BR,1BA$1,500

Best Value Apartments for Rent in Downtown Austin, TX

As of February 11, 2025 the best value apartment in the Downtown Austin area is the $1.92 price per square foot #343 Model at Nueces Flats in the in the Central East Austin neighborhood starting from $2,450. The second greatest value Downtown Austin apartment is the 2 Bedroom/2 Bath (1150 sq. ft.) Model at Regency - Fabulous landmark Downtown Austin property starting at $1,525 with a $1.33 price per square foot in the Central East Austin neighborhood. Here is today’s list of the best values for Downtown Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Nueces Flats#3432BR,2BA$1.92
Regency - Fabulous landmark Downtown Austin property2 Bedroom/2 Bath (1150 sq. ft.)2BR,2BA$1.33
Eleven by WindsorB12BR,2BA$2.31
Lantana ApartmentsThree-Bedroom Two-Bathroom3BR,2BA$2.23
Signature 1909Frisco C2BR,2BA$1.98
Rio House Apartments2 Bedroom2BR,1BA$1.87
The Ladybird - 1033A1.a-80%1BR,1BA$2.54
The Beverly AustinA2Studio ,1BA$2.50
SoCo on the Lake0BStudio ,1BA$2.52
The WillowsPRELEASE NOW FOR 2025 wilA1Studio ,1BA$2.64

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Pet Friendly Lifestyle
Downtown Austin, Austin, TX

Ranked #40

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.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison 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 searching for the best amenities, and convenient access to the outdoors, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Downtown Austin Apartments

What is the Cheapest Studio apartment in Downtown Austin?

Currently the most affordable Cheap Studio Apartment in Downtown Austin is at The Ladybird - 1033 listed at $1,031.

How much is rent for a Cheap One Bedroom Downtown Austin Apartment?

The lowest price for a Cheap One Bedroom Downtown Austin Apartment is $1,100 at The Ladybird - 1033.

What is the lowest price for a Cheap Two Bedroom Downtown Austin Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Austin is starting from $1,400 at Rio House Apartments.

What is the most affordable Downtown Austin Three Bedroom Apartment?

The best deal on a cheap Downtown Austin Three Bedroom Apartment rental is at Lantana Apartments and starts from $2,200.

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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The 10 Best Affordable Neighborhoods in Austin, TX

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