Cheap Homes for Rent in South Austin Neighborhood of Austin, TX from $1,000 (21 Rentals)

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

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

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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

South Austin, Austin, TX Local Guide

Cheapest Available South Austin Apartments for Rent

 

The cheapest available apartment rental in the South Austin area of Austin, TX is a Studio unit found at Bridge at Turtle Creek priced from $750. Cannon South has the second lowest priced unit, which is a Studio apartment currently listed from $867. Here are the most affordable South Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Bridge at Turtle CreekE1Studio,1BA$750
Cannon SouthEfficiency/393 1st FloorStudio,1BA$867
Canvas1 Bedroom 1 Bathroom - Renovated1BR,1BA$870
Centennial Place ApartmentsEff1BR,1BA$890
Terra ApartmentsA11BR,1BA$891

Best Value Apartments for Rent in South Austin, TX

As of May 18, 2025 the best value apartment in the South Austin area is the $1.64 price per square foot B1-DR Model at Iron Rock Ranch in the in the South Austin neighborhood starting from $1,695. The second greatest value South Austin apartment is the 2 Bedroom 2 Bathroom - Renovated Model at Canvas starting at $1,379 with a $1.56 price per square foot in the South Austin neighborhood. Here is today’s list of the best values for South Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Iron Rock RanchB1-DR2BR,2BA$1.64
Canvas2 Bedroom 2 Bathroom - Renovated2BR,2BA$1.56
Cortland Bluff SpringsSoCo1BR,1BA$1.67
Bridge at Turtle CreekA41BR,1BA$1.59
The Atlantic Grand OaksThe Rio, 1 Bed | 1 Bath | 744 Sq. Ft.1BR,1BA$1.60
Spring VillasA11BR,1BA$1.54
Ethos ApartmentsA11BR,1BA$1.49
The Dexter1x11BR,1BA$1.65
Terra ApartmentsA1BR,1BA$1.56
Ladera Apartment HomesA11BR,1BA$1.70

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Frequently Asked Questions about South Austin

What type of rentals are currently available in South Austin?

There are currently 76 Apartments for Rent in South Austin, TX with pricing that ranges from $820 to $10,364. There are also 108 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Austin ranging from $1,038 to $6,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Austin ranges from $1,038 to $6,000 with an average monthly rent of $2,161.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Austin range from $1,499 to $10,364, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,950.

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.