Cheap Apartments for Rent in the Riverside Neighborhood of Austin, TX from $500 (74 Rentals)

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

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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Grove Place Apartments
Studio to 3 Bedroom Apartments

Grove Place Apartments

1881 Grove BlvdAustin, TX 78741
  • Utilities Included
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Mesh Apartments
Studio to 2 Bedroom Apartments

Mesh Apartments

2101 Elmont DrAustin, TX 78741

Riverside, Austin, TX Local Guide

Cheapest Available Riverside Apartments for Rent

 

The cheapest available apartment rental in the Riverside area of Austin, TX is a 1 Bed unit found at Chevy Chase Downs priced from $699. Mesh Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $719. Here are the most affordable Riverside apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Chevy Chase Downs1BR/1BA1BR,1BA$699
Mesh ApartmentsE1-Mesh IIIStudio,1BA$719
The SpokeA11BR,1BA$759
Aero RiversideA21BR,1BA$762
Parker Lane ApartmentsTwo Bedroom2BR,2BA$770
Parker Heights Apartments1BR/1.0BA1BR,1BA$780
Array1A1BR,1BA$817
The Patten WestA11BR,1BA$829
Alister Apartments11A1BR,1BA$833

Best Value Apartments for Rent in Riverside, TX

As of March 24, 2025 the best value apartment in the Riverside area is the $1.41 price per square foot 32B Model at Array in the in the South River City neighborhood starting from $2,015. The second greatest value Riverside apartment is the Room in Condo on Crossing Pl Model at Room in Condo on Crossing Pl starting at $750 with a $0.58 price per square foot in the Oltorf-East Riverside neighborhood. Here is today’s list of the best values for Riverside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Array32B3BR,2BA$1.41
Room in Condo on Crossing PlRoom in Condo on Crossing Pl1BR,1BA$0.58
Eastside at 2201C1 | 3 Bed | 3 Bath3BR,2BA$1.38
Parker Lane ApartmentsTwo Bedroom2BR,2BA$0.75
Jewel Apartment HomesB22BR,2BA$1.34
Acclaim at South Congress2b1bblc2BR,1BA$1.25
The SpokeB12BR,2BA$1.39
Frontier East ApartmentsOne Bedroom1BR,1BA$1.34
Vi CollinaA11BR,1BA$1.40
Parker Heights Apartments1BR/1.0BA1BR,1BA$1.27

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Pet Friendly Lifestyle
Riverside, Austin, TX

Ranked #26

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Austin. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Getting Around the Riverside Neighborhood in Austin, TX

Walk Score®

93 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

94 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Riverside Apartments

What is the Cheapest Studio apartment in Riverside?

Currently the most affordable Cheap Studio Apartment in Riverside is at Mesh Apartments listed at $719.

How much is rent for a Cheap One Bedroom Riverside Apartment?

The lowest price for a Cheap One Bedroom Riverside Apartment is $699 at Chevy Chase Downs.

What is the lowest price for a Cheap Two Bedroom Riverside Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Riverside is starting from $770 at Parker Lane Apartments.

What is the most affordable Riverside Three Bedroom Apartment?

The best deal on a cheap Riverside Three Bedroom Apartment rental is at Parker Lane Apartments and starts from $893.

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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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.