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from $850Studio to 2 Bedroom Apartments Available Now
City View at Mueller
1106 Reinli StAustin, TX 78723
Cheap Apartments for Rent in the The Drag Neighborhood of Austin, TX from $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Drag area of Austin.
2307 Rio Grande St
AustinTX78705
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from $1,213Studio to 2 Bedroom Apartments Available Now
Bridge at Windsor Park
6007 N Interstate 35Austin, TX 78723
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $1,219Studio to 3 Bedroom Apartments Available Now
Rivette Tower
3901 Berkman DrAustin, TX 78723
2529 Rio Grande, Unit 89
2529 Rio Grande
AustinTX78705
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from $1,3951 to 2 Bedroom Apartments Available Now
MAA West Austin
4330 Bull Creek RdAustin, TX 78731
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
2815 Rio Grande St
AustinTX78705
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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.
2813 Rio Grande St
AustinTX78705
2714 Nueces St
AustinTX78705
501 W 26th 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
2529 Rio Grande St
AustinTX78705
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The Drag, Austin, TX Local Guide
Austin over Town Lake by K.R. is licensed under Internal
How much does it cost to rent an apartment in The Drag?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Drag Studio Apartments | $1,867 | $850 | $2,181 |
| The Drag 1 Bedroom Apartments | $2,041 | $920 | $3,016 |
| The Drag 2 Bedroom Apartments | $2,361 | $680 | $6,301 |
| The Drag 3 Bedroom Apartments | $1,565 | $845 | $5,120 |
| The Drag 4 Bedroom Apartments | $1,392 | $1,090 | $1,830 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the The Drag Neighborhood of Austin, TX.
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The Drag, Austin, TX Local Guide
- Nearby Austin neighborhoods
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Cheapest Available The Drag Apartments for Rent
The cheapest available apartment rental in the The Drag area of Austin, TX is a Studio unit found at City View at Mueller priced from $850. MAA West Austin has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here are the most affordable The Drag apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| City View at Mueller | S1 | Studio,1BA | $850 |
| MAA West Austin | Traditional 1x1 657-743 SF | 1BR,1BA | $1,395 |
| Fifteen15 S Lamar Apartments | S5 | Studio,1BA | $1,430 |
| Bridge at Windsor Park | A3 Accessible 80% | 1BR,1BA | $1,433 |
| MAA South Lamar | Traditional 1x1 586-593 SF | 1BR,1BA | $1,470 |
Best Value Apartments for Rent in The Drag, TX
As of May 18, 2025 the best value apartment in the The Drag area is the $0.81 price per square foot 6 Bed, 6 Bath Plus Model at Yugo Austin Waterloo in the in the Central East Austin neighborhood starting from $1,369. The second greatest value The Drag apartment is the B7 Model at Venue on Guadalupe starting at $1,149 with a $1.04 price per square foot in the Central East Austin neighborhood. Here is today’s list of the best values for The Drag apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Yugo Austin Waterloo | 6 Bed, 6 Bath Plus | 6BR,6BA | $0.81 |
| Venue on Guadalupe | B7 | 2BR,2BA | $1.04 |
| Villas on Guadalupe | A2 Loft | 2BR,1BA | $1.68 |
| Rivette Tower | O5 | Studio ,1BA | $2.97 |
| MAA West Austin | Traditional 1x1 657-743 SF | 1BR,1BA | $1.94 |
| Bridge at Windsor Park | A3 | 1BR,1BA | $2.19 |
| AMLI North Park | E1 | Studio ,1BA | $3.24 |
| MAA South Lamar | Traditional 1x1 505 SF | 1BR,1BA | $2.99 |
| Fifteen15 S Lamar Apartments | S1 | Studio ,1BA | $3.18 |
| City View at Mueller | S1 | Studio ,1BA | $2.07 |
Quick Rent Budget Calculator
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Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
Getting Around the The Drag Neighborhood in Austin, TX
Walk Score®
95 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
96 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
72 / 100
Excellent Transit
Transit is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap The Drag Apartments
What is a cheap apartment in The Drag?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in The Drag is under $2,050.
What is the price of a cheap apartment in The Drag?
The cheapest apartment in The Drag is City View at Mueller which is listed at $925, while the average apartment in The Drag costs $2,155.
What types of apartments are the cheapest in The Drag?
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 50 regular apartments in The Drag 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 The Drag?
Cheap apartments in The Drag have an average cost of $908 which is $1,247 cheaper than the average rent for all rentals in The Drag.
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.
The 10 Best Affordable Neighborhoods in Austin, TX
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.
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.
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.
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.