close
View Me
Rent Specials
from $800Studio to 3 Bedroom Apartments Available Now
Talavera Lofts
413 Navasota StAustin, TX 78702
Cheap Apartments for Rent in the Downtown Neighborhood of Austin, TX from $700 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Austin.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Rent Specials
from $1,150Studio Apartments Available Aug 15
West Campus Flats
2102-2106 San Gabriel StAustin, TX 78705
close
View Me
close
View Me
close
View Me
close
View Me
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
close
View Me
from $1,284Studio to 2 Bedroom Apartments Available Now
SoCo on the Lake
222 E Riverside DrAustin, TX 78704
close
View Me
from $1,300Studio to 3 Bedroom Apartments Available Now
1400 Rio Grande Apartments
1400 Rio Grande StAustin, TX 78701
close
View Me
Rent Specials
from $1,3501 Bedroom Apartments Available Aug 15
Diplomat Apartments
1911 San Gabriel StAustin, TX 78705
close
View Me
close
View Me
Rent Specials
from $1,374Studio to 2 Bedroom Apartments Available Now
Eleven by Windsor
811 E 11th StAustin, TX 78702
close
View Me
Rent Specials
from $1,420Studio to 2 Bedroom Apartments Available Now
1000 E 5th St
1000 E 5th StAustin, TX 78702
close
View Me
Rent Specials
from $1,450Studio to 3 Bedroom Apartments Available Now
Railyard
201-301 E 4th St EAustin, TX 78701
close
View Me
Rent Specials
from $1,457Studio to 2 Bedroom Apartments Available Now
The Shoal
827 W 12th StAustin, TX 78701
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Rent Specials
from $1,767Studio to 3 Bedroom Apartments Available Now
Alexan Waterloo
700 E 11th StAustin, TX 78701
close
View Me
close
View Me
Rent Specials
from $1,775Studio to 3 Bedroom Apartments Available Now
Cole Apartments
300 S Lamar BlvdAustin, TX 78704
close
View Me
from $1,7751 to 2 Bedroom Apartments Available Now
Park Terrace Apartments
516 Dawson RdAustin, TX 78704
close
View Me
from $1,777Studio Apartment Available Now
1309 Sabine St, Unit 1011 - T-11
1309 Sabine StAustin, TX 78701
close
View Me
close
View Me
from $1,791Studio to 2 Bedroom Apartments Available Now
422 at the Lake
422 W Riverside DrAustin, TX 78704
close
View Me
close
View Me
from $1,8921 to 2 Bedroom Apartments Available Now
AMLI Eastside
1000-1004 San Marcos StAustin, TX 78702
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
1 to 2 Bedroom Apartments
Regency - Fabulous landmark Downtown Austin property
601 W 11th StAustin, TX 78701
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Downtown, Austin, TX Local Guide
Austin over Town Lake by K.R. is licensed under Internal
How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $2,146 | $800 | $5,830 |
| Downtown 1 Bedroom Apartments | $3,363 | $900 | $7,847 |
| Downtown 2 Bedroom Apartments | $4,398 | $949 | $10,000+ |
| Downtown 3 Bedroom Apartments | $6,942 | $949 | $10,000+ |
| Downtown 4 Bedroom Apartments | $1,429 | $949 | $1,825 |
Browse Apartments in this Neighborhood
There are currently 51 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Austin, TX.
See all Apartments in AustinExplore Austin
Downtown, Austin, TX Local Guide
- Nearby Austin neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of Austin, TX is a Studio unit found at Talavera Lofts priced from $800. Villas on Rio has the second lowest priced unit, which is a 4 Beds apartment currently listed from $949. Here are the most affordable Downtown apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Talavera Lofts | Saltillo/Cantera | Studio,1BA | $800 |
| Villas on Rio | D5TH-SHARED | 4BR,4BA | $949 |
| Rio House Apartments | 1 Bedroom | 1BR,1BA | $1,250 |
| 1400 Rio Grande Apartments | efficiency | Studio,1BA | $1,300 |
| The Willows | PRELEASE NOW FOR 2025 wilA1 | Studio,1BA | $1,314 |
| Eleven by Windsor | S1 | Studio,1BA | $1,374 |
| Corazon | e1 | Studio,1BA | $1,420 |
| SoCo on the Lake | 1E-R | 1BR,1BA | $1,489 |
| The Shoal | E2 | Studio,1BA | $1,497 |
| The Beverly Austin | A1 | 1BR,1BA | $1,516 |
Best Value Apartments for Rent in Downtown, TX
As of February 19, 2025 the best value apartment in the Downtown 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 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 apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Nueces Flats | #343 | 2BR,2BA | $1.92 |
| Regency - Fabulous landmark Downtown Austin property | 2 Bedroom/2 Bath (1150 sq. ft.) | 2BR,2BA | $1.33 |
| 24 Flats | 24fB1 | 2BR,1BA | $1.80 |
| Lantana Apartments | Three-Bedroom Two-Bathroom | 3BR,2BA | $2.23 |
| Talavera Lofts | Riviera | 2BR,2BA | $1.53 |
| Signature 1909 | Frisco C | 2BR,2BA | $1.98 |
| Rio House Apartments | 2 Bedroom | 2BR,1BA | $1.87 |
| The Beverly Austin | A1 | 1BR,1BA | $2.69 |
| SoCo on the Lake | 0B | Studio ,1BA | $2.52 |
| The Willows | PRELEASE NOW FOR 2025 wilA1 | Studio ,1BA | $2.57 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Downtown area?
If you’re an expert on all things Downtown, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleDowntown, Austin, TX
Ranked #41
Among neighborhoods in Austin, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Apartments
What is the Cheapest Studio apartment in Downtown?
Currently the most affordable Cheap Studio Apartment in Downtown is at Talavera Lofts listed at $800.
How much is rent for a Cheap One Bedroom Downtown Apartment?
The lowest price for a Cheap One Bedroom Downtown Apartment is $1,105 at Talavera Lofts.
What is the lowest price for a Cheap Two Bedroom Downtown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown is starting from $949 at Villas on Rio.
What is the most affordable Downtown Three Bedroom Apartment?
The best deal on a cheap Downtown Three Bedroom Apartment rental is at Villas on Rio and starts from $949.
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.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.