
Cheap Homes for Rent in Austin, IN from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Austin.


1109 Lighthouse Cove

311 S Obrien St
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.

9102 Beacon Dr

201 Stonebench Cir

2725 N County Rd 600 W
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.

1502 Culbertson Ave
Austin, IN Local Guide

How much does it cost to rent a home in Austin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Austin 2 Bedroom Homes for Rent | $1,430 | $1,100 | $2,495 |
| Austin 3 Bedroom Homes for Rent | $1,970 | $1,250 | $3,000 |
| Austin 4 Bedroom Homes for Rent | $4,075 | $2,450 | $5,700 |
| Austin 5 Bedroom Homes for Rent | $4,450 | $2,050 | $6,900 |
Browse Top Homes for Rent in Austin
Explore Austin
Austin, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Austin Apartments for Rent and Nearby
 The cheapest available apartment rental in Austin, IN is a 1 Bed unit found at Yellowwood Terrace Affordable Senior Housing in the Southern Indiana neighborhood priced from $200. Stonebrook of Scottsburg has the second lowest priced unit, which is a 1 Bed apartment currently listed from $649. Here is today’s list of the most affordable Austin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $200 |
| Stonebrook of Scottsburg | One Bedroom, One Bath, 650 Sq Ft | 1BR,1BA | $649 |
| 217 Hooton Blvd | Studio, 1 Bathoom | 1BR,1BA | $700 |
Best Value Apartments for Rent in Austin, IN and Nearby
As of February 27, 2026 the best value apartment in the Austin area is the $1.01 price per square foot 3 bed, 2 bath Model at Lakeside Gardens in the in the Oak Park neighborhood starting from $1,526. The second greatest value Austin apartment is the Two Bed Model at Plum Ridge Apartments starting at $1,200 with a $1.05 price per square foot in the Southern Indiana 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. |
|---|---|---|---|
| Lakeside Gardens | 3 bed, 2 bath | 3BR,2BA | $1.01 |
| Plum Ridge Apartments | Two Bed | 2BR,2BA | $1.05 |
| Adelyn Apartments | 12 | 2BR,2BA | $1.07 |
| Highland Glen | 3B | 3BR,2BA | $1.05 |
| Stonebridge Apartments | First Floor 2Bed/2Bath | 2BR,2BA | $1.11 |
| Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
| 701-709 Etzler Dr | 2 Bedroom | 2BR,1BA | $1.00 |
| Parkside Trace Apartments | 1 BEDROOM 1 BATHROOM NEW CONSTRUCTION | 1BR,1BA | $1.18 |
| Water's Edge | One Bedroom Reservation List | 1BR,1BA | $1.10 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Best Local Schools in Austin, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Austin, IN Rentals by Map
See the most popular apartments and homes in Austin, IN
Frequently Asked Questions about Austin
What type of rentals are currently available in Austin?
There are currently 51 Apartments for Rent in Austin, IN with pricing that ranges from $200 to $2,296. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Austin ranging from $980 to $6,900.
What is the current price range for Rental Homes in Austin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Austin ranges from $980 to $6,900 with an average monthly rent of $2,581.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.