Cheap Apartments for Rent in the South Central Austin Neighborhood of Austin, TX from $400 (155 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Central Austin 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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property at 126 W Alpine Rd

126 W Alpine Rd

AustinTX78704
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South Central Austin, Austin, TX Local Guide

Cheapest Available South Central Austin Apartments for Rent

 

The cheapest available apartment rental in the South Central Austin area of Austin, TX is a 1 Bed unit found at The Brook Apartments priced from $700. Forest Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable South Central Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
The Brook Apartments1 Bedroom 1/1A1BR,1BA$700
Forest Creek Apartments1 Bedroom A21BR,1BA$750
Grace WoodsA31BR,1BA$758
Parker Lane ApartmentsTwo Bedroom2BR,2BA$770
Cherry Creek Crossing Apartments1-Bedroom, 481 sqft1BR,1BA$799
Arya ApartmentsStudioStudio,1BA$800
Tramor at Victory PlaceE2Studio,1BA$845
Windwood Apartments1 Bedroom #2011BR,1BA$849
Hillside CreekA11BR,1BA$867
Mission James Place ApartmentsS1Studio,1BA$869

Best Value Apartments for Rent in South Central Austin, TX

As of April 06, 2025 the best value apartment in the South Central Austin area is the $0.94 price per square foot 3011 Matador Dr Model at 3011 Matador Dr in the in the Riverside neighborhood starting from $1,795. The second greatest value South Central Austin apartment is the 2 Bedroom/2 Bath (1150 sq. ft.) Model at Regency - Fabulous landmark Downtown Austin property starting at $1,525 with a $1.33 price per square foot in the Central East Austin neighborhood. Here is today’s list of the best values for South Central Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3011 Matador Dr3011 Matador Dr2BR,1BA$0.94
Regency - Fabulous landmark Downtown Austin property2 Bedroom/2 Bath (1150 sq. ft.)2BR,2BA$1.33
Parker Lane ApartmentsTwo Bedroom2BR,2BA$0.75
Acclaim at South Congress2b1bblc2BR,1BA$1.25
The Brook Apartments2 Bedroom 2/2G2BR,2BA$1.42
Polaris on the Park - Renovated Apartments1 Bedroom1BR,1BA$1.53
Aria GrandA11BR,1BA$1.45
Forest Creek Apartments1 Bedroom A11BR,1BA$1.19
Hillside CreekA11BR,1BA$1.43
Arya ApartmentsStudioStudio ,1BA$1.52

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Pet Friendly Lifestyle
South Central Austin, Austin, TX

Ranked #10

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
South Central Austin, Austin, TX

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Lifestyle Ratings

This website is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States including South Central Austin, Austin, and the greater Austin area. 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 outdoor access, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap South Central Austin Apartments

What is a cheap apartment in South Central Austin?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Central Austin is under $869.

What is the price of a cheap apartment in South Central Austin?

The cheapest apartment in South Central Austin is The Brook Apartments which is listed at $700, while the average apartment in South Central Austin costs $3,643.

What types of apartments are the cheapest in South Central 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 92 regular apartments in South Central 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 South Central Austin?

Cheap apartments in South Central Austin have an average cost of $174 which is $3,469 cheaper than the average rent for all rentals in South Central 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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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.

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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.