
Cheap Apartments for Rent near Austin, CO from $800 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Austin.


Aster Place

496-32 1/8 32 1/8 Rd

496-32 1/8 32 1/8 Rd

862 Iowa Ave

101-107 W Bridge St

426 N 9th St

424 N 9th St

869 Iowa Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Junction

1311 N 16th St

1311 N 16th St

SLICK ROCK APARTMENTS

Total Monthly Price
The Railyard at Rimrock

1074 Cedar Way

919 William Ct

Total Monthly Price
The Landing on Horizon

Total Monthly Price
The Slate on 25
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Total Monthly Price
Peppermill Lofts

Total Monthly Price
Rya Suites

939 Iowa Ave

Total Monthly Price
Copper Village Apartments

2909 Dawn Dr

The House Apartments

Rendezvous Apartments

3245 Downey Ct

3068 D Rd
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1741 Ouray Ave

1741 Ouray Ave

11524 Lakeview Dr

930 Iowa Ave

Red Table Apartments

Summit View Flats

493 Coronado Way

493 Coronado Way

494 Coronado Way
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

494 Coronado Way

963 Iowa Ave

Eddy

497 Coronado Ct

497 Coronado Ct

1821 Court Way

3246 Downey Ct

Basecamp

915 Grand Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Austin, CO Local Guide

How much does it cost to rent an apartment in Austin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Austin Studio Apartments | $2,052 | $1,385 | $3,483 |
| Austin 1 Bedroom Apartments | $3,373 | $856 | $10,000+ |
| Austin 2 Bedroom Apartments | $5,735 | $800 | $10,000+ |
| Austin 3 Bedroom Apartments | $2,928 | $1,187 | $5,707 |
| Austin 4 Bedroom Apartments | $2,756 | $1,950 | $3,562 |
Browse Top Apartments in Austin
See all Apartments in AustinExplore Austin
Austin, CO Local Guide
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Cheapest Available Austin Apartments for Rent and Nearby
 The cheapest available apartment rental in Austin, CO is a 1 Bed unit found at Aster Place priced from $856. Red Table Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,400. Here is today’s list of the most affordable Austin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aster Place | One Bedroom - 40% AMI | 1BR,1BA | $856 |
| Red Table Apartments | 2BR/2BA - B1 Shared | 2BR,2BA | $1,400 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1,425 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,609 |
| Copper Village Apartments | The Bookcliff | 1BR,1BA | $1,650 |
| The Landing on Horizon | The Napa | 1BR,1BA | $1,683 |
| The Slate on 25 | Napa | 1BR,1BA | $1,683 |
| The Junction | Monument- 1 BR/1BA | 1BR,1BA | $1,690 |
| The House Apartments | Studio - S1 | Studio,1BA | $1,699 |
| Rya Suites | 2A | 2BR,2BA | $1,949 |
Best Value Apartments for Rent in Austin, CO and Nearby
As of July 28, 2026 the best value apartment in the Austin area is the $1.64 price per square foot End Unit Model at Pomona Park Townhomes in the in the Appleton neighborhood starting from $2,557. The second greatest value Austin apartment is the 2A Model at Rya Suites starting at $1,949 with a $1.55 price per square foot in the Appleton neighborhood. Here is today’s list of the best values for Austin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pomona Park Townhomes | End Unit | 3BR,2.5BA | $1.64 |
| Rya Suites | 2A | 2BR,2BA | $1.55 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1.78 |
| Basecamp | Two Bedroom | 2BR,2BA | $2.10 |
| Peppermill Lofts | 2x1 895 | 2BR,1BA | $1.80 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1.70 |
| Aster Place | One Bedroom - 40% AMI | 1BR,1BA | $1.07 |
| Copper Village Apartments | The Bookcliff | 1BR,1BA | $2.11 |
| The Landing on Horizon | The Napa | 1BR,1BA | $2.24 |
| The Slate on 25 | Napa | 1BR,1BA | $2.24 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Austin, CO Rentals by Map
See the most popular apartments and homes in Austin, CO
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 House Apartments listed at $1,699.
How much is rent for a Cheap One Bedroom Austin Apartment?
The lowest price for a Cheap One Bedroom Austin Apartment is $856 at Aster Place.
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 $1,027 at Aster Place.
What is the most affordable Austin Three Bedroom Apartment?
The best deal on a cheap Austin Three Bedroom Apartment rental is at Aster Place and starts from $1,187.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.