1013 E 3rd St
AustinTX78702
Cheap Homes for Rent in Downtown Neighborhood of Austin, TX from $1,200 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Austin.
1908 San Antonio St
AustinTX78705
1800 Lavaca St
AustinTX78701
810 E 9th St
AustinTX78702
1303 E Cesar Chavez St
AustinTX78702
502 W 17th St
AustinTX78701
1603 Enfield Rd
AustinTX78703
603 Davis St
AustinTX78701
54 Rainey St
AustinTX78701
2110 Rio Grande St, Unit 206
2110 Rio Grande St
AustinTX78705
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
106 Navasota St
AustinTX78702
300 W 3rd St
AustinTX78703
1200 Enfield Rd
AustinTX78703
507 Sabine St
AustinTX78701
1212 Guadalupe St
AustinTX78701
711 W 21st St
AustinTX78705
800 Brazos St
AustinTX78701
Showing Results 1-17, Page 1 of 1
Downtown, Austin, TX Local Guide
Austin over Town Lake by K.R. is licensed under Internal
How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $4,142 | $1,700 | $10,000+ |
| Downtown 3 Bedroom Homes for Rent | $4,461 | $2,350 | $8,500 |
| Downtown 4 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
| Downtown 5 Bedroom Homes for Rent | $7,250 | $6,000 | $8,500 |
| Downtown 6 Bedroom Homes for Rent | $11,700 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Austin, TX.
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Downtown, Austin, TX Local Guide
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Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of Austin, TX is a 4 Beds unit found at Villas on Rio priced from $959. Talavera Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,035. Here are the most affordable Downtown apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villas on Rio | D5TH-SHARED | 4BR,4BA | $959 |
| Talavera Lofts | Saltillo/Cantera | Studio,1BA | $1,035 |
| 1400 Rio Grande Apartments | efficiency | Studio,1BA | $1,050 |
| The Willows | wilA2 | 1BR,1BA | $1,099 |
| 24 Flats | 24fEFF | Studio,1BA | $1,100 |
Best Value Apartments for Rent in Downtown, TX
As of April 09, 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 |
| Eleven by Windsor | B1 | 2BR,2BA | $2.20 |
| Signature 1909 | Frisco C | 2BR,2BA | $2.06 |
| Rio House Apartments | 2 Bedroom | 2BR,1BA | $1.87 |
| South Congress Square | A1 | 1BR,1BA | $1.95 |
| The Beverly Austin | A2 | Studio ,1BA | $2.43 |
| Enfield Place | A1 | 1BR,1BA | $2.25 |
| Talavera Lofts | Saltillo/Cantera | Studio ,1BA | $1.88 |
| Lantana Apartments | One-Bedroom One-Bathroom | 1BR,1BA | $2.28 |
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Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 231 Apartments for Rent in Downtown, TX with pricing that ranges from $959 to $19,364. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,250 to $17,500.
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 $1,250 to $17,500 with an average monthly rent of $5,016.
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 $19,364, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,350 to $8,500. Four Bedroom Single-Family rentals are also available starting from $3,200 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.
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.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
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.