
Cheap Homes for Rent in Austin, TX from $500 (757 Rentals)
Search the lowest-cost Homes available for rent right now in Austin.


924 Melted Candle Cove

17627 Dansworth Dr

13806 Cambourne Dr

19308 James Manor St

406 Oakcrest Dr

6212 Roseborough Dr

7900 Bramble Bush Dr

904 Purple Martin Ct

12401 Uttimer Ln
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

400 Eagle Brook Ln

8503 Columbia Falls Dr

15509 Ozone Pl

905 Parkview Dr

2401 Ventura Dr

403 Maple Run Dr

1107 Fox Sparrow Cove

13206 Tamayo Dr

7900 Rosenberry Dr

7907 Rosenberry Dr, Unit C (Next to stairs)
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

3928 Bonnie Ln

3320 Elija St

Private bedroom in 3 bed/2 bath Home

3702 Pevetoe St

3906 Haleys Way

Private bedroom in 5 bed/2.5 bath Home

Private bedroom in 4 bed/2 bath Home

Private bedroom in 3 bed/2 bath Home

204 Tower Dr

3110 Monument Dr

611 Carpenter Ave

1901 Crossing Pl

Private bedroom in 4 bed/2 bath Home

103 Acapulco Ct

5709 Abby Ann Ln

Private bedroom in 4 bed/2 bath Home

Private bedroom in 4 bed/2 bath Home

710 W Monroe St

1901 Crossing Pl

3210 Hampton Rd

2307 Longview St, Unit A

1700 Balsam Way

Private bedroom in 4 bed/2 bath Home

6508 S 1st St

916 Watson Way

14121 Berning Rd, Unit Bedroom #2 Upstairs

6237 Adair Dr, Unit Large Room 2

1901 Crossing Pl

200 E Grady Dr, Unit C

917 Keith Ln
Austin, TX Local Guide

How much does it cost to rent a home in Austin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Austin 2 Bedroom Homes for Rent | $2,109 | $900 | $10,000+ |
Austin 3 Bedroom Homes for Rent | $2,614 | $1,350 | $10,000+ |
Austin 4 Bedroom Homes for Rent | $3,434 | $800 | $10,000+ |
Austin 5 Bedroom Homes for Rent | $6,087 | $1,000 | $10,000+ |
Austin 6 Bedroom Homes for Rent | $7,537 | $2,800 | $10,000+ |
Austin 7 Bedroom Homes for Rent | $8,675 | $5,200 | $10,000+ |
Browse Top Homes for Rent in Austin
Explore Austin
Austin, TX Local Guide
- Austin Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Austin, TX
Pricing Updated: 04/30/2025Current apartment rentals in the Austin, TX area range in price from $360 to $19,369 with an overall median price of $3,566. The three Austin neighborhoods with the lowest median rent pricing are Riverside Meadows at $1,166, Colorado Crossing at $999, and Arboretum at $875. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Austin Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Riverside Meadows | $1,625 | $1,166 | 20 |
Colorado Crossing | $1,725 | $999 | 192 |
Arboretum | $1,750 | $875 | 241 |
Pleasant Valley | $1,769 | $525 | 469 |
Riverside | $1,773 | $525 | 790 |
North Park | $1,774 | $825 | 114 |
Bryker Woods | $1,779 | $950 | 36 |
Patal | $1,779 | $825 | 84 |
East Riverside Oltorf | $1,787 | $525 | 695 |
Oltorf-East Riverside | $1,789 | $525 | 569 |
Cheapest Available Austin Apartments for Rent
 The cheapest available apartment rental in Austin, TX is a 1 Bed unit found at Wildwood Apartments in the Coronado Hills neighborhood priced from $600. Copperline at Village Oaks in the Northwest Austin neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $651. Here is today’s list of the most affordable Austin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Wildwood Apartments | A1 | 1BR,1BA | $600 |
Copperline at Village Oaks | S6 | Studio,1BA | $651 |
Heritage Estates at Wells Branch | A3-40%/30% | 1BR,1BA | $656 |
The Rhett | A1 | 1BR,1BA | $677 |
Chevy Chase Downs | 1BR/1BA | 1BR,1BA | $699 |
Mesh Apartments | E1-Mesh III | Studio,1BA | $719 |
Aspire at Onion Creek | B2 | 2BR,2BA | $721 |
Westdale Parke | Plan A1 | 1BR,1BA | $744 |
Forest Creek Apartments | 1 Bedroom A2 | 1BR,1BA | $750 |
Heritage Pointe | 1x1 40% | 1BR,1BA | $750 |
Best Value Apartments for Rent in Austin, TX
As of April 30, 2025 the best value apartment in the Austin area is the $0.81 price per square foot 6 Bed, 6 Bath Plus Model at Yugo Austin Waterloo in the in the Central East Austin neighborhood starting from $1,369. The second greatest value Austin apartment is the 4 Bed, 4 Bath Deluxe Model at Yugo Austin Rio starting at $1,399 with a $0.88 price per square foot in the Central East Austin neighborhood. Here is today’s list of the best values for Austin apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Yugo Austin Waterloo | 6 Bed, 6 Bath Plus | 6BR,6BA | $0.81 |
Yugo Austin Rio | 4 Bed, 4 Bath Deluxe | 4BR,4BA | $0.88 |
Anderson Flats | 2 Bed 1 Bath | 2BR,1BA | $0.77 |
Point North Student Living | D1 | 4BR,4BA | $0.94 |
HillTop | Frio C | 3BR,2BA | $0.99 |
The Studio at ThinkEast | Two Bedroom / Two bath | 2BR,2BA | $1.04 |
Venue on Guadalupe | B3A | 2BR,2BA | $1.06 |
Parker Lane Apartments | Two Bedroom | 2BR,2BA | $0.75 |
Legacy Ranch @ Dessau East 55+ Community | Palomino | 1BR,1BA | $0.95 |
The Rhett | A1 | 1BR,1BA | $0.97 |
Quick Rent Budget Calculator
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Austin, TX Area Reviews
Steve • 4+ years in Austin
April 3, 2025Alright, so Austin, man. Steve here, early 30s, and let me tell you, this place is alive. If you're into killer food – and I mean, everything from legit BBQ to some seriously inventive fusion spots – and a nightlife scene that just doesn't quit, you'll fit right in.
Mary • 1+ years in Austin
April 3, 2025I like the northside of town best. But Downtown is fun. Lots of outdoor stuff to do
Kevin • 4+ years in Austin
March 25, 2025Happy, vibrant, busy, lots of traffic, great restaurants. Liberal.
Frequently Asked Questions about Austin
What type of rentals are currently available in Austin?
There are currently 2919 Apartments for Rent in Austin, TX with pricing that ranges from $470 to $19,369. There are also 3692 Single Family Homes for rent, Condos, and Townhome rentals currently available in Austin ranging from $549 to $38,000.
What is the current price range for Rental Homes in Austin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Austin ranges from $549 to $38,000 with an average monthly rent of $7,057.
How much are larger Three and Four Bedroom Rentals in Austin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Austin range from $650 to $19,369, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $16,500. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $560.
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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.