Cheap Homes for Rent in Midtown Austin Neighborhood of Austin, TX from $700 (144 Rentals)

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

property at 2301 Ohlen Rd

2301 Ohlen Rd

AustinTX78757
property at 3206 King St

3206 King 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

Read Article
property at 3400 Speedway

3400 Speedway

AustinTX78705
property at 408 W 37th St

408 W 37th St

AustinTX78705
property at 909 Reinli St

909 Reinli St

AustinTX78751
property at 304 E 33rd St

304 E 33rd St

AustinTX78705
property at 601 Nelray Blvd

601 Nelray Blvd

AustinTX78751
Showing Results 1-50, Page 1 of 3

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. Magnolia Flats has the second lowest priced unit, which is a Studio apartment currently listed from $733. Here are the most affordable Midtown Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Hidden GardensStudioStudio,1BA$693
Magnolia FlatsStudioStudio,1BA$733
Mueller Flats ApartmentsBoeing2BR,2BA$749
Westdale ParkePlan A21BR,1BA$777
WoodstoneA1-R1BR,1BA$784
Waterford StudiosS1 - Starting at $849!Studio,1BA$799
Tides at MuellerA11BR,1BA$799
Ascent at NorthgateE1Studio,1BA$800
Acacia CliffsA11BR,1BA$814
The AxelA11BR,1BA$825

Best Value Apartments for Rent in Midtown Austin, TX

As of March 28, 2025 the best value apartment in the Midtown Austin area is the $0.56 price per square foot 404 Blackson Ave Model at 404 Blackson Ave in the in the Northwest Austin neighborhood starting from $900. The second greatest value Midtown Austin apartment is the B4 Model at Greystone Flats Apartments starting at $1,725 with a $1.38 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.
404 Blackson Ave404 Blackson Ave1BR,1BA$0.56
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
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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Frequently Asked Questions about Midtown Austin

What type of rentals are currently available in Midtown Austin?

There are currently 665 Apartments for Rent in Midtown Austin, TX with pricing that ranges from $733 to $16,700. There are also 461 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Austin ranging from $725 to $17,500.

What is the current price range for Rental Homes in Midtown Austin?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Midtown Austin ranges from $725 to $17,500 with an average monthly rent of $5,729.

How much are larger Three and Four Bedroom Rentals in Midtown Austin?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Midtown Austin range from $845 to $4,829, while Three Bedroom Homes, Condos, and Townhomes for rent range from $775 to $10,000. Four Bedroom Single-Family rentals are also available starting from $725 and Four Bedroom Apartments start at $865.

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.

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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.