Cheap Apartments for Rent near Austin, KY from $300 (49 Rentals)

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

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Otte Center
Rent Specials
$825
Total Monthly Price

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825
1 Bedroom Apartments Available Now

Otte Center

5814 Otte CtBowling Green, KY 42104
Affordability
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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.

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.

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The Emerson
Rent Specials
$983 - $2,492
Total Monthly Price

Total Monthly Price

Base Rent
$983 - $2,492

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Emerson

2426 Thoroughbred DrBowling Green, KY 42104
Corporate Housing
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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.

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Kingston Heights
1 to 3 Bedroom Apartments

Kingston Heights

491 Kelly RdBowling Green, KY 42101
  • Utilities Included
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Riverwood Flats
1 to 2 Bedroom Apartments

Riverwood Flats

109 Riverwood AveBowling Green, KY 42103
  • Utilities Included

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.

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Cherry Farms
1 to 3 Bedroom Apartments

Cherry Farms

268 Cherry Farm LnBowling Green, KY 42103

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, KY Local Guide

Cheapest Available Austin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Austin, KY is a Studio unit found at The Crown Apartments in the Downtown Bowling Green neighborhood priced from $460. River Valley Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Austin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Crown Apartments4BR, 4B - Private Bedroom & BathroomStudio,4BA$460
River Valley Apartments1bd/1ba small w/carpet - Second Floor1BR,1BA$645
River Glow Apartments1BR/1.0BA1BR,1BA$695
Willow Creek ApartmentsOne Bedroom Garden1BR,1BA$740
Royal Arms of Bowling Green1x11BR,1BA$800
Otte Center1/11BR,1BA$825
River Woods ApartmentsRiver Woods - 2/2 - Second Floor WSG Addtl2BR,2BA$830
The Grasslands2 Beds, 1 bath2BR,1BA$850
StonehengeOne Bed One Bath Standard1BR,1BA$850
The HeritageA1 - One Bedroom, One Bathroom1BR,1BA$874

Best Value Apartments for Rent in Austin, KY and Nearby

As of July 21, 2026 the best value apartment in the Austin area is the $0.91 price per square foot 3BR/3.0BA Model at Ogden Place Apartments in the in the Downtown Bowling Green neighborhood starting from $1,649. The second greatest value Austin apartment is the 4BR, 4B - Private Bedroom & Bathroom Model at The Crown Apartments starting at $460 with a $0.37 price per square foot in the Downtown Bowling Green 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.
Ogden Place Apartments3BR/3.0BA3BR,3BA$0.91
The Crown Apartments4BR, 4B - Private Bedroom & BathroomStudio ,4BA$0.37
The Grasslands3 Beds, 1 bath3BR,1BA$0.86
River Woods ApartmentsRiver Woods - 2/2 - Second Floor WSG Addtl2BR,2BA$0.78
5850 Otte Ct2 Bedroom2BR,2BA$1.05
Cumberland Trace Village ApartmentsWarren1BR,1BA$1.15
269 Old Porter Pike2 Bedroom, 2.5 Bathrooms2BR,2.5BA$1.00
Ashton Parc1 Bedroom, 1 Bathroom1BR,1BA$1.12
Royal Arms of Bowling Green1x11BR,1BA$1.07
Willow Creek ApartmentsOne Bedroom Garden1BR,1BA$1.05

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.

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Real 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.

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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.

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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

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

The lowest price for a Cheap One Bedroom Austin Apartment is $645 at River Valley 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 $745 at River Glow Apartments.

What is the most affordable Austin Three Bedroom Apartment?

The best deal on a cheap Austin Three Bedroom Apartment rental is at The Grasslands and starts from $950.

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

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

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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.