Cheap Apartments for Rent in Austin, AR from $500 (37 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Austin.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article

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.

Read Article
close
View Me
West Towne Apartments
2 Bedroom Apartments

West Towne Apartments

2103 W Beebe Capps ExpySearcy, AR 72143
  • Utilities Included
close
View Me
Orchards at Cabot
1 to 2 Bedroom Apartments

Orchards at Cabot

555 E Mountain Springs RdCabot, AR 72023
Senior Living
  • Utilities Included
close
View Me
Timberwood Apartments
1 to 3 Bedroom Apartments

Timberwood Apartments

207 S Hospital BlvdJacksonville, AR 72076
  • Utilities Included

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.

Read Article
Showing Results 1-37, Page 1 of 1

Austin, AR Local Guide

Cheapest Available Austin Apartments for Rent

 

The cheapest available apartment rental in Austin, AR is a 1 Bed unit found at Stonewall Apartments in the Little Rock Air Force Base neighborhood priced from $500. Icon Lakewood has the second lowest priced unit, which is a Studio apartment currently listed from $659. Here is today’s list of the most affordable Austin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonewall Apartments1BR/1BH (POS)1BR,1BA$500
Icon LakewoodStudioStudio,1BA$659
The Cove at 300One Bedroom Renovated1BR,1BA$750
The Links at SherwoodCustom1BR,1BA$800
Timbers at Lakewood0 Bedroom 1 BathroomStudio,1BA$800
Summit at Valley HeightsThe Biltmore1BR,1BA$806
Village Square of Jacksonville1 Bedroom1BR,1BA$820
Fairfax CrossingOne Bedroom1BR,1BA$825
Placid Hills Senior Living1 Bed 1 Bath1BR,1BA$825
The Grove on Brockington1 bed 1 bath1BR,1BA$850

Best Value Apartments for Rent in Austin, AR

As of June 14, 2025 the best value apartment in the Austin area is the $1.02 price per square foot Premium 2 Bedroom Apartment Home Model at Steeplechase Apartments in the starting from $1,075. The second greatest value Austin apartment is the 1 Bedroom Model at The Retreat at Sherwood starting at $875 with a $0.91 price per square foot in the Jacksonville Sherwood neighborhood. Here is today’s list of the best values for Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Steeplechase ApartmentsPremium 2 Bedroom Apartment Home2BR,2BA$1.02
The Retreat at Sherwood1 Bedroom1BR,1BA$0.91
Woodland Terrace2 Bedroom Classic2BR,2BA$1.11
Village Square of Cabot2 Bedroom/1 Bath2BR,1BA$1.11
The Grove on Brockington1 bed 1 bath1BR,1BA$0.97
523 E Main St2 Beds, 1 Baths2BR,1BA$1.06
Parkside1 bedroom1BR,1BA$1.10
Placid Hills Senior Living1 Bed 1 Bath1BR,1BA$1.10
The Cove at 300One Bedroom Renovated1BR,1BA$1.01
Stonewall Apartments1BR/1BH (POS)1BR,1BA$0.95

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Austin, AR Rentals by Map

Decorative image of map

See the most popular apartments and homes in Austin, AR

View MapAustin, AR Apartments MapView MapAustin, AR Rental Homes Map

Getting Around Austin, AR

Walk Score®

6 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

22 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Austin Apartments

What is the Cheapest Studio apartment in Austin?

Currently the most affordable Cheap Studio Apartment in Austin is at Icon Lakewood listed at $659.

How much is rent for a Cheap One Bedroom Austin Apartment?

The lowest price for a Cheap One Bedroom Austin Apartment is $500 at Stonewall Apartments.

What is the lowest price for a Cheap Two Bedroom Austin Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Austin is starting from $635 at Stonewall Apartments.

What is the most affordable Austin Three Bedroom Apartment?

The best deal on a cheap Austin Three Bedroom Apartment rental is at Stonewall Apartments and starts from $850.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.