Cheap Apartments for Rent in the East Austin Neighborhood of Austin, TX from $500 (266 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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

property at 400 W 34th St

400 W 34th St

AustinTX78705
property at 2900 Cole St

2900 Cole St

AustinTX78705

East Austin, Austin, TX Local Guide

Cheapest Available East Austin Apartments for Rent

 

The cheapest available apartment rental in the East Austin area of Austin, TX is a 1 Bed unit found at Libertad Austin priced from $632. Hidden Gardens has the second lowest priced unit, which is a Studio apartment currently listed from $693. Here are the most affordable East Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Libertad AustinA11BR,1BA$632
Hidden GardensStudioStudio,1BA$693
Mueller Flats ApartmentsBoeing2BR,2BA$749
Heritage Pointe1x1 40%1BR,1BA$750
Villas de SenderoEfficiencyStudio,1BA$795
Rise at the Camerons0x1Studio,1BA$799
The Studio at ThinkEastStudio/ One bathStudio,1BA$799
Tides at MuellerA11BR,1BA$799
M StationA11BR,1BA$806
Volume 2Vol 1 - StudioStudio,1BA$824

Best Value Apartments for Rent in East Austin, TX

As of March 22, 2025 the best value apartment in the East Austin area is the $1.46 price per square foot 4 Beds, 2 baths Model at The Timbers in the in the East Austin neighborhood starting from $1,937. The second greatest value East Austin apartment is the Three bedroom / Two bath Model at The Studio at ThinkEast starting at $1,745 with a $1.38 price per square foot in the East Austin neighborhood. Here is today’s list of the best values for East Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Timbers4 Beds, 2 baths4BR,2BA$1.46
The Studio at ThinkEastThree bedroom / Two bath3BR,2BA$1.38
Fort Branch at Trumans Landing3 Bed, 2 Bath3BR,2BA$1.29
The Jordan at MuellerTwo Bedrooms2BR,2BA$1.25
Blackstone Apartments2x22BR,2BA$1.47
M StationA11BR,1BA$1.13
Fashionaire1 Bedroom 1 Bathroom1BR,1BA$1.36
Pathways at Chalmers Courts West1A1BR,1BA$1.28
Villas at MuellerA11BR,1BA$1.42
Libertad AustinA11BR,1BA$0.97

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
East Austin, Austin, TX

Ranked #9

Among neighborhoods in Austin, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across Texas, including Austin. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and easy access to the parks, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap East Austin Apartments

What is a cheap apartment in East Austin?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Austin is under $824.

What is the price of a cheap apartment in East Austin?

The cheapest apartment in East Austin is Libertad Austin which is listed at $632, while the average apartment in East Austin costs $4,010.

What types of apartments are the cheapest in East Austin?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4,441 regular apartments in East Austin that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in East Austin?

Cheap apartments in East Austin have an average cost of $1,091 which is $2,919 cheaper than the average rent for all rentals in East Austin.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.