Cheap Apartments for Rent in Austin, CO from $400 (29 Rentals)

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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.

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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.

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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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Basecamp
1 to 2 Bedroom Apartments

Basecamp

41 N 6th StMontrose, CO 81401

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.

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Austin, CO Local Guide

Cheapest Available Austin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Austin, CO is a 1 Bed unit found at Rendezvous Apartments priced from $421. The Landing on Horizon in the North Area neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,405. Here is today’s list of the most affordable Austin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rendezvous Apartments1 Bedroom apartment complex1BR,1BA$421
The Landing on HorizonThe AbbeyStudio,1BA$1,405
The JunctionJackalope- 0BR/1BAStudio,1BA$1,493
Summit View Terrace2BR/1.0BA2BR,1BA$1,550
Rya Suites1B1BR,1BA$1,649
The House ApartmentsStudio - S1Studio,1BA$1,699
The Railyard at RimrockThe Mallone - one bedroom one bath1BR,1BA$1,775
The Slate on 25Malone1BR,1BA$1,795
L3 at Green Leaf LoftsL3 E11BR,1BA$2,179
SIX CANYONOasis1BR,1BA$2,285

Best Value Apartments for Rent in Austin, CO and Nearby

As of July 24, 2025 the best value apartment in the Austin area is the $3.19 price per square foot 2BR/2BA - B1 Model at Red Table Apartments in the starting from $2,875. The second greatest value Austin apartment is the 2BR/1.0BA Model at Summit View Terrace starting at $1,550 with a $1.82 price per square foot in the Central Grand Junction 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.
Red Table Apartments2BR/2BA - B12BR,2BA$3.19
Summit View Terrace2BR/1.0BA2BR,1BA$1.82
The Slate on 25Malone1BR,1BA$2.18
The Railyard at RimrockThe Mallone - one bedroom one bath1BR,1BA$2.16
Rya Suites1B1BR,1.5BA$2.08
LoftsA11BR,1BA$3.53
SIX CANYONOasis1BR,1BA$3.35
Rendezvous Apartments1 Bedroom townhome style1BR,1BA$1.12
The Landing on HorizonThe AbbeyStudio ,1BA$2.46
The JunctionJackalope- 0BR/1BAStudio ,1BA$3.23

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

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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 The Landing on Horizon listed at $1,405.

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

The lowest price for a Cheap One Bedroom Austin Apartment is $421 at Rendezvous 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 $888 at Rendezvous Apartments.

What is the most affordable Austin Three Bedroom Apartment?

The best deal on a cheap Austin Three Bedroom Apartment rental is at The Landing on Horizon and starts from $2,230.

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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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.

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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.

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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.