
Cheap Homes for Rent in The Drag Neighborhood of Austin, TX from $1,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the The Drag area of Austin.


2815 Rio Grande St

2529 Rio Grande St
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.

2714 Nueces St

2529 Rio Grande, Unit 89

501 W 26th St
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

2802 Nueces St
The Drag, Austin, TX Local Guide

How much does it cost to rent a home in The Drag?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
The Drag 2 Bedroom Homes for Rent | $2,033 | $1,800 | $2,400 |
The Drag 3 Bedroom Homes for Rent | $2,533 | $1,850 | $3,000 |
The Drag 4 Bedroom Homes for Rent | $3,750 | $3,500 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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
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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 South Lamar has the second lowest priced unit, which is a Studio apartment currently listed from $1,082. 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 South Lamar | Studio 0x1 401 SF | Studio,1BA | $1,082 |
Bridge at Windsor Park | E1 80% | Studio,1BA | $1,165 |
Best Value Apartments for Rent in The Drag, TX
As of April 22, 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 B3A Model at Venue on Guadalupe starting at $1,099 with a $1.06 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 | B3A | 2BR,2BA | $1.06 |
MAA West Austin | Traditional 1x1 835-862 SF | 1BR,1BA | $1.91 |
AMLI North Park | E1 | Studio ,1BA | $3.24 |
Villas on Guadalupe | E2 | Studio ,1BA | $2.80 |
Rivette Tower | A1 | 1BR,1BA | $3.12 |
MAA South Lamar | Traditional 1x1 505 SF | 1BR,1BA | $2.91 |
Bridge at Windsor Park | E1 80% | Studio ,1BA | $2.33 |
Fifteen15 S Lamar Apartments | S1 | Studio ,1BA | $3.09 |
City View at Mueller | S1 | Studio ,1BA | $2.07 |
Quick Rent Budget Calculator
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Frequently Asked Questions about The Drag
What type of rentals are currently available in The Drag?
There are currently 45 Apartments for Rent in The Drag, TX with pricing that ranges from $650 to $6,221. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Drag ranging from $1,000 to $4,000.
What is the current price range for Rental Homes in The Drag?
Today's rental pricing for Homes for Rent, Condos and Townhomes in The Drag ranges from $1,000 to $4,000 with an average monthly rent of $2,169.
How much are larger Three and Four Bedroom Rentals in The Drag?
For those who are looking for larger living arrangements, Three Bedroom Apartments in The Drag range from $650 to $5,140, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,000. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $865.
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.

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.

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.

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.