Cheap Homes for Rent in Downtown Neighborhood of Austin, TX from $1,100 (25 Rentals)

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Cheap Homes in the Downtown area of Austin.

property at 1800 Lavaca St

1800 Lavaca St

AustinTX78701
property at 810 E 9th St

810 E 9th St

AustinTX78702

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 603 Davis St

603 Davis St

AustinTX78701
property at 54 Rainey St

54 Rainey St

AustinTX78701
property at 300 W 3rd St

300 W 3rd St

AustinTX78703

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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property at 800 Embassy Dr

800 Embassy Dr

AustinTX78702

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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Showing Results 1-25, Page 1 of 1

Downtown, Austin, TX Local Guide

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Austin, TX is a 2 Beds unit found at Villas on Rio priced from $959. West Campus Flats has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Downtown apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Villas on RioB5-SHARED2BR,2BA$959
West Campus FlatsMini StudioStudio,1BA$995
Talavera LoftsSaltillo/CanteraStudio,1BA$1,035
1400 Rio Grande ApartmentsefficiencyStudio,1BA$1,050
24 Flats24fEFFStudio,1BA$1,100

Best Value Apartments for Rent in Downtown, TX

As of May 06, 2025 the best value apartment in the Downtown area is the $1.97 price per square foot #342 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Nueces Flats#3422BR,2BA$1.97
Regency - Fabulous landmark Downtown Austin property2 Bedroom/2 Bath (1150 sq. ft.)2BR,2BA$1.33
AMLI EastsideA4k1BR,1BA$2.44
Lantana ApartmentsTwo-Bedroom Two-Bathroom2BR,2BA$2.06
Villas on RioB22BR,2BA$1.66
Signature 1909Frisco C2BR,2BA$2.06
Rio House Apartments2 Bedroom2BR,1BA$1.87
Talavera LoftsSaltillo/CanteraStudio ,1BA$1.88
The WillowsPRELEASE NOW FOR SUMMER 2025 wilA1Studio ,1BA$2.57
1400 Rio Grande ApartmentsefficiencyStudio ,1BA$2.49

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Frequently Asked Questions about Downtown

What type of rentals are currently available in Downtown?

There are currently 233 Apartments for Rent in Downtown, TX with pricing that ranges from $900 to $19,369. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,100 to $18,000.

What is the current price range for Rental Homes in Downtown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $1,100 to $18,000 with an average monthly rent of $5,557.

How much are larger Three and Four Bedroom Rentals in Downtown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $959 to $19,369, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,350 to $10,500. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $959.

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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.