Cheap Apartments for Rent in the Downtown Austin Neighborhood of Austin, TX from $700 (42 Rentals)

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

property at 1600 West Ave

1600 West Ave

AustinTX78701
property at 1108 Nueces St

1108 Nueces St

AustinTX78701

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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What Exactly Is a Loft Style Apartment?

Apartments come in many varieties. Among these, the so-called ‘Loft Apartment’ usually features higher ceilings, and larger windows, and frequently includes industrial design elements.

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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
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The Beverly Austin
Studio to 2 Bedroom Apartments

The Beverly Austin

901 Red River StAustin, TX 78701
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The Catherine
Studio to 2 Bedroom Apartments

The Catherine

214 Barton Springs RdAustin, TX 78704
Showing Results 1-42, Page 1 of 1

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 1400 Rio Grande Apartments priced from $1,100. The Ladybird - 1033 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Downtown Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
1400 Rio Grande ApartmentsefficiencyStudio,1BA$1,100
The Ladybird - 1033A2.b-50%1BR,1BA$1,100
Residences at SaltilloE1 - SMARTStudio,1BA$1,102
The WillowswilA21BR,1BA$1,199
Rio House Apartments1 Bedroom1BR,1BA$1,250
SoCo on the Lake1A1BR,1BA$1,355
RailyardLady BirdStudio,1BA$1,450
Eleven by WindsorS1Studio,1BA$1,474
The WeaverS1Studio,1BA$1,475
Regency - Fabulous landmark Downtown Austin property2 Bedroom/2 Bath (1150 sq. ft.)2BR,2BA$1,525

Best Value Apartments for Rent in Downtown Austin, TX

As of March 17, 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
Lantana ApartmentsThree-Bedroom Two-Bathroom3BR,2BA$2.23
CrescentE3Studio ,1BA$2.14
The Ladybird - 1033A1.j-80%1BR,1BA$2.16
Rio House Apartments2 Bedroom2BR,1BA$1.87
The Beverly AustinA2Studio ,1BA$2.71
AMLI EastsideA21BR,1BA$2.68
The WillowsPRELEASE NOW FOR SUMMER 2025 wilA1Studio ,1BA$2.57
1400 Rio Grande ApartmentsefficiencyStudio ,1BA$2.34

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Pet Friendly Lifestyle
Downtown Austin, Austin, TX

Ranked #41

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 1400 Rio Grande Apartments listed at $1,100.

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

Written by: Raul Mercado

I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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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.

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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.