Cheap Condos for Rent in Austin, TX from $500 (199 Rentals)

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property at 4501 Speedway

4501 Speedway

AustinTX78751
property at 1840 Burton Dr

1840 Burton Dr

AustinTX78741

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.

property at 2124 Burton Dr

2124 Burton Dr

AustinTX78741
property at 8600 N FM 620

8600 N FM 620

AustinTX78726
property at 2800 Sunrise Rd

2800 Sunrise Rd

Round RockTX78665

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 3400 Speedway

3400 Speedway

AustinTX78705
property at 9807 N FM 620

9807 N FM 620

AustinTX78726
property at 101 E Bowman Rd

101 E Bowman Rd

Round RockTX78664
property at 1000 W 26th St

1000 W 26th St

AustinTX78705
property at 6448 E Hwy 290

6448 E Hwy 290

AustinTX78723
property at 13145 US-183

13145 US-183

AustinTX78750
property at 13730 N FM 620

13730 N FM 620

AustinTX78717
property at 3206 King St

3206 King St

AustinTX78705

Austin, TX Local Guide

Quick Rent Budget Calculator

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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.

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Austin, TX Area Reviews

  • Parks
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  • Restaurants
  • Location
  • Traffic
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  • Outdoor Access
  • Cost of Living
  • Safety

Steve4+ years in Austin

April 3, 2025

Alright, 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.

Mary1+ years in Austin

April 3, 2025

I like the northside of town best. But Downtown is fun. Lots of outdoor stuff to do

Kevin4+ years in Austin

March 25, 2025

Happy, 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 2929 Apartments for Rent in Austin, TX with pricing that ranges from $492 to $19,364. There are also 3633 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 $7,076.

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 $19,364, 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 $1,690 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.

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 Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

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.