Cheap Apartments for Rent in the Midtown Austin Neighborhood of Austin, TX from $400 (297 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Navigating the Rental Market: Tips for First-Time Renters

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property at 400 W 34th St

400 W 34th St

AustinTX78705
property at 3816 Speedway

3816 Speedway

AustinTX78751

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property at 7929 Gault St

7929 Gault St

AustinTX78757

Austin's Best Affordable Neighborhoods

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property at 311 E 31st St

311 E 31st St

AustinTX78705
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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 2 Beds unit found at Mueller Flats Apartments priced from $227. Westdale Parke has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here are the most affordable Midtown Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Mueller Flats ApartmentsBoeing2BR,2BA$227
Westdale ParkePlan A11BR,1BA$690
Magnolia FlatsStudioStudio,1BA$733
Acacia CliffsB12BR,1BA$771
Westdale CreekA11BR,1BA$780
Westdale PointeA11BR,1BA$796
Tides at MuellerA11BR,1BA$799
Waterford StudiosS1 - Starting at $799!Studio,1BA$799
Brook Meadow VillageA11BR,1BA$799
Avistar at Wood HollowElmStudio,1BA$800

Best Value Apartments for Rent in Midtown Austin, TX

As of May 11, 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 B10 Model at Venue on Guadalupe starting at $1,149 with a $1.02 price per square foot in the Central East 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
Venue on GuadalupeB102BR,2BA$1.02
1729 Wooten Park Dr, Unit 1021729 Wooten Park Dr1BR,1.5BA$1.26
Hidden Gardens2BR/1.0BA2BR,1BA$1.23
8907 Parkfield Dr2 Beds, 1 Baths2BR,1BA$1.08
Chateau Avalon of AustinThe Chateau2BR,1BA$1.45
Acacia CliffsA11BR,1BA$1.12
Towne Oaks IIA1BR,1BA$1.43
Fashionaire1 Bedroom 1 Bathroom1BR,1BA$1.43
Westdale ParkePlan A11BR,1BA$1.44

Quick Rent Budget Calculator

How much rent can you afford?

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Pet Friendly Lifestyle
Midtown Austin, Austin, TX

Ranked #14

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

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 $800.

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

The cheapest apartment in Midtown Austin is Westdale Parke which is listed at $690, while the average apartment in Midtown Austin costs $14,000.

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 235 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 $734 which is $13,266 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.

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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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.