Cheap 1 Bedroom Apartments for Rent in Austin, TX from $500 (1,370 Rentals) Page 2 of 28

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Summit at Hyde Park
Rent Specials
$785 - $2,157
Total Monthly Price

Total Monthly Price

Base Rent
$900 - $3,609

Total Monthly Price
$900 - $3,609
1 Bedroom Apartments Available Now

Summit at Hyde Park

5200 N Lamar BlvdAustin, TX 78751
Affordability
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The Axel
Rent Specials
$799 - $1,263
Total Monthly Price

Total Monthly Price

Base Rent
$853 - $1,598

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

The Axel

9024 Northgate BlvdAustin, TX 78758
Corporate Housing
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Austin's Best Affordable Neighborhoods

Learn about Austin and the best places to live with original content written by our Austin, TX Local Expert Raul Mercado

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The Morgan
Rent Specials
$800 - $1,405
Total Monthly Price

Total Monthly Price

Base Rent
$812 - $1,866

Total Monthly Price
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1 Bedroom Apartments Available Now

The Morgan

1801 Wells Branch PkyAustin, TX 78728
Affordability
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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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Legends Lakeline
$816 - $1,287
Total Monthly Price

Total Monthly Price

Base Rent
$816 - $2,026

Total Monthly Price
$816 - $2,026
1 Bedroom Apartments Available Aug 18

Legends Lakeline

9725 N Lake Creek PkyAustin, TX 78717
Corporate Housing
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Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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Terrazzo
Rent Specials
$839 - $1,182
Total Monthly Price

Total Monthly Price

Base Rent
$891 - $1,853

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Terrazzo

8585 Spicewood Springs RdAustin, TX 78759
Affordability
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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.

Austin, TX Area Reviews

  • Parks
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  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Raul4+ years in Austin

March 17, 2026

Perfect for families and Texas residents looking for safe neighborhoods with a strong culture and community feel.

Steve4+ years in Austin

April 3, 2025

Alright, so Austin, man. Steve here, early 30s, and let me tell you, this place is alive. If you're into killer food – and I mean, everything from legit BBQ to some seriously inventive fusion spots – and a nightlife scene that just doesn't quit, you'll fit right in.

Mary1+ years in Austin

April 3, 2025

I like the northside of town best. But Downtown is fun. Lots of outdoor stuff to do

Kevin4+ years in Austin

March 25, 2025

Happy, vibrant, busy, lots of traffic, great restaurants. Liberal.

Frequently Asked Questions about Cheap Austin Apartments

What is a cheap apartment in Austin?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Austin is under $637.

What is the price of a cheap apartment in Austin?

The cheapest apartment in Austin is Ventura North which is listed at $500, while the average apartment in Austin costs $4,707.

What types of apartments are the cheapest in Austin?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 20,437 regular apartments in Austin that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Austin?

Cheap apartments in Austin have an average cost of $618 which is $4,089 cheaper than the average rent for all rentals in Austin.

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.

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