Cheap Apartments for Rent in the Midtown Austin Neighborhood of Austin, TX from $400 (266 Rentals)

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

property at 400 W 34th St

400 W 34th 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

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property at 630 Maiden Ln

630 Maiden Ln

AustinTX78705
Showing Results 1-50, Page 1 of 6

Midtown Austin, Austin, TX Local Guide

Cheapest Available Midtown Austin Apartments for Rent

 

The cheapest available apartment rental in the Midtown Austin area of Austin, TX is a Studio unit found at Hidden Gardens priced from $693. Mueller Flats Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $749. Here are the most affordable Midtown Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Hidden GardensStudioStudio,1BA$693
Mueller Flats ApartmentsBoeing2BR,2BA$749
Westdale ParkePlan A11BR,1BA$773
Chevy ChaseA11BR,1BA$791
Tides at MuellerA11BR,1BA$799
Waterford StudiosS1 - Starting at $849!Studio,1BA$799
Ascent at NorthgateE1Studio,1BA$800
Acacia CliffsA11BR,1BA$814
Westdale PointeA21BR,1BA$821
The AxelA11BR,1BA$825

Best Value Apartments for Rent in Midtown Austin, TX

As of March 24, 2025 the best value apartment in the Midtown Austin area is the $1.38 price per square foot B4 Model at Greystone Flats Apartments in the in the Northwest Austin neighborhood starting from $1,725. The second greatest value Midtown Austin apartment is the 1729 Wooten Park Dr Model at 1729 Wooten Park Dr, Unit 102 starting at $1,399 with a $1.26 price per square foot in the Northwest Austin neighborhood. Here is today’s list of the best values for Midtown Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Greystone Flats ApartmentsB42BR,2BA$1.38
1729 Wooten Park Dr, Unit 1021729 Wooten Park Dr1BR,1.5BA$1.26
Venue on GuadalupeB3A2BR,2BA$1.23
Avalon Palm Apartments2x22BR,2BA$1.33
8907 Parkfield Dr2 Beds, 1 Baths2BR,1BA$1.08
Magnolia FlatsRemodeled 2x12BR,1BA$1.31
Chateau Avalon of AustinThe Chateau2BR,1BA$1.39
Acacia CliffsA11BR,1BA$1.09
Chevy ChaseA41BR,1BA$1.34
Fashionaire1 Bedroom 1 Bathroom1BR,1BA$1.36

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Pet Friendly Lifestyle
Midtown Austin, Austin, TX

Ranked #12

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Midtown Austin, Austin, TX

School data provided by Great Schools

Best Local Schools in
Midtown Austin, Austin, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Texas and customized analysis for Northeastern Austin. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, family-friendly amenities, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Midtown Austin Apartments

What is a cheap apartment in Midtown Austin?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown Austin is under $825.

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

The cheapest apartment in Midtown Austin is Westdale Parke which is listed at $773, while the average apartment in Midtown Austin costs $16,700.

What types of apartments are the cheapest in Midtown 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 4,246 regular apartments in Midtown 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 Midtown Austin?

Cheap apartments in Midtown Austin have an average cost of $1,206 which is $15,494 cheaper than the average rent for all rentals in Midtown 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.

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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.

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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.

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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.