Cheap Homes for Rent in Riverside Neighborhood of Austin, TX from $500 (37 Rentals)

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

property at 1840 Burton Dr

1840 Burton Dr

AustinTX78741
property at 2124 Burton Dr

2124 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 1304 Summit St

1304 Summit St

AustinTX78741

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 201 Academy Dr

201 Academy Dr

AustinTX78704

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 $525. 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$525
Mesh ApartmentsE1-Mesh IIIStudio,1BA$719
Forest Creek Apartments1 Bedroom A21BR,1BA$750
Array1A1BR,1BA$755
The Brook Apartments1 Bedroom 1/1B1BR,1BA$755
CoppertreeCoventry1BR,1BA$769
Parker Lane ApartmentsTwo Bedroom2BR,2BA$770
Emerson ApartmentsSTUDIOStudio,1BA$789
Alister ApartmentsStudioStudio,1BA$797
The Patten EastThe Vaughn1BR,1BA$800

Best Value Apartments for Rent in Riverside, TX

As of April 23, 2025 the best value apartment in the Riverside area is the $1.38 price per square foot 32A Model at Array in the in the South River City neighborhood starting from $1,909. The second greatest value Riverside apartment is the C1 | 3 Bed | 3 Bath Model at Eastside at 2201 starting at $1,449 with a $1.38 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.
Array32A3BR,2BA$1.38
Eastside at 2201C1 | 3 Bed | 3 Bath3BR,2BA$1.38
Hillside CreekB32BR,2BA$1.35
Parker Lane ApartmentsTwo Bedroom2BR,2BA$0.75
Acclaim at South Congress2b1bblc2BR,1BA$1.25
Estates at East RiversideTwo Bedroom/Two Bath2BR,2BA$1.33
CoppertreeCromwell2BR,2BA$1.33
Metropolis ApartmentsA1BR,1BA$1.37
Forest Creek Apartments1 Bedroom A11BR,1BA$1.19
Chevy Chase Downs1BR/1BA1BR,1BA$1.00

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Frequently Asked Questions about Riverside

What type of rentals are currently available in Riverside?

There are currently 160 Apartments for Rent in Riverside, TX with pricing that ranges from $525 to $10,333. There are also 184 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverside ranging from $575 to $16,450.

What is the current price range for Rental Homes in Riverside?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverside ranges from $575 to $16,450 with an average monthly rent of $2,513.

How much are larger Three and Four Bedroom Rentals in Riverside?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Riverside range from $698 to $10,333, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $8,750. 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.

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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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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.