Cheap Apartments for Rent in Austin, TX from $400 (1,663 Rentals)

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

Keep Austin Affordable: A Renter's Guide to the Best Suburbs Around the City

Round Rock, Buda, Cedar Park, and more — Austin's surrounding metros offer incredible value for renters. Our local expert compares the best surrounding cities so you can find more space, lower rent, and a great quality of life just minutes from the city.

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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.

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The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX

Moving to Austin? Get an insider’s guide to managing costs in the Music Capitol. Discover which affordable ATX neighborhoods fit your budget and lifestyle.

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Mesh Apartments
Rent Specials
$699 - $1,889
Total Monthly Price

Total Monthly Price

Base Rent
$699 - $1,889
Total Monthly Price
$699 - $1,889
Studio to 3 Bedroom Apartments Available Now

Mesh Apartments

2101 Elmont DrAustin, TX 78741
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

Beyond "Keep Austin Weird": Your Insider's Ultimate Guide to Renting and Living in Austin, Texas

Moving to Austin, TX? We are Here to Help. Our Local Expert Breaks Down the Commute reality, Renting Around the City, the Job Scene, and Shares Recommendations for 5 Great Austin Neighborhoods You Should Explore First.

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Ryder Ridge
Rent Specials
$700 - $2,084
Total Monthly Price

Total Monthly Price

Base Rent
$700 - $2,084
Total Monthly Price
$700 - $2,084
1 to 4 Bedroom Apartments Available Now

Ryder Ridge

9351 Decker Lake RdAustin, TX 78724
Affordability
  • Verified
  • Utilities Included
  • Low Income

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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Austin, TX Local Guide

Photo of Trey Huguley - Director, Product Marketing
Written By:
Trey Huguley
Director, Product Marketing

Cheapest Neighborhoods for Apartments in Austin, TX

Pricing Updated: 08/04/2026

Current apartment rentals in the Austin, TX area range in price from $500 to $36,676 with an overall median price of $1,559. The three Austin neighborhoods with the lowest median rent pricing are Heritage Hills at $791, Heritage Hills Windsor Hills at $791, and Georgian Acres at $845. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Austin Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Heritage Hills$791$637284
Heritage Hills Windsor Hills$791$637250
Georgian Acres$845$637307
North Lamar$948$637543
Windsor Hills$1,085$637883
Parker Lane$1,099$649232
Coronado Hills$1,100$730148
St Johns Coronado Hills$1,100$685251
Hunters Chase$1,105$686189
St. Edwards$1,130$675217

Cheapest Available Austin Apartments for Rent

 

The cheapest available apartment rental in Austin, TX is a 1 Bed unit found at Ventura North in the Northwest Austin neighborhood priced from $500. The Palms on Lamar in the Northwest Austin neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here is today’s list of the most affordable Austin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ventura NorthMOVE IN SPECIAL (Immediate)1BR,1BA$500
The Palms on Lamar0X1Studio,1BA$500
Manor Town Apartments2A-60%2BR,1BA$507
ArrayThe 7001BR,1BA$549
Retreat at North BluffA21BR,1BA$553
Keystone1A1BR,1BA$585
Emerson Apartments at Town LakeStudioERStudio,1BA$599
The Abali ApartmentsB11BR,1BA$625
Tuscany ParkToscana1BR,1BA$629
Parker HeightsChoose Your Special! Affordable Studio Living i...Studio,1BA$635

Best Value Apartments for Rent in Austin, TX

As of August 04, 2026 the best value apartment in the Austin area is the $1.00 price per square foot 3111 E 13th St Model at 3111 E 13th St, Unit A in the in the East Austin neighborhood starting from $2,395. The second greatest value Austin apartment is the Boulder B Model at Signature 1909 starting at $1,100 with a $0.82 price per square foot in the Central East Austin 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.
3111 E 13th St, Unit A3111 E 13th St4BR,2BA$1.00
Signature 1909Boulder B4BR,4BA$0.82
Rollins Martin Apartments3x23BR,2BA$0.81
21 Pearl3 Bed x 2 Bath3BR,2BA$0.97
8909 Parkfield Drive1BR/1.0BA1BR,1BA$0.88
Ventura NorthBeautiful 2x1 minutes from the Domain!2BR,1BA$0.94
Acacia CliffsA11BR,1BA$1.04
Commons at ManorA11BR,1BA$1.05
Creeks Edge ApartmentsA31BR,1BA$1.01
Manor Town Apartments1A-60%1BR,1BA$0.96

Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers

The Austin job market is booming, but where should you live? Discover the most affordable and charming neighborhoods that put you minutes from Dell Seton, IBM, and Dell.

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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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Local Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Austin, TX metro area for affordable living. Find your perfect Austin Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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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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.

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Austin Overview

What’s the reason that Austin is one of the fastest-growing cities in America? Actually, there are a number of reasons, not the least of which is its warm weather. It’s also been called the live music capital of the world. While some may argue that point, one thing is certain. Austin is a city of festivals—music festivals, film festivals, and even a Brazilian Carnaval festival.

From reggae to rodeos, golf to gardening, and motorsports to malls, Austin’s cultural and artistic diversity offers something for everyone. Nature lovers enjoy the botanical gardens and the numerous parks and biking trails. Athletes enjoy rock climbing and the yearly marathon, which features live musical accompaniment from over 40 bands.

Austin offers a variety of educational options, with more than 10 institutions of higher learning.

Add walkable neighborhoods, world-class museums and a ballet company, and it’s easy to understand its soaring popularity. Besides events that attract tourists from all over the world, the city offers residents a multitude of enjoyable activities, many of which are free. Maybe the biggest reason for Austin’s popularity is its success in keeping its quality of life higher than its cost of living.

If you’re looking for an apartment in Austin, our updated prices, pictures and floorplans can help you find the perfect place to call home.

Why live in Austin, TX?

Austin is famed for being one of the most unique and quirky cities in the country, a reputation that is well-earned. The city's unofficial motto of "Keep Austin" Weird highlights the independent streak Austinites are known for throughout Texas. Currently, the city has a population of just under a million inhabitants with a metro density of just over two million. There is a lot of going in this state capital. The amount of diverse activities available is simply staggering.

Austin it seems has a little something for everyone. First, it is known as the Live Music Capital of The World due to the famous live Austin City Limits music concerts at The Moody Theater, as well as the South by Southwest festival. Along with its music, the culinary scene is lively and eclectic offering everything from BBQ to tacos and even artisanal donuts. The nightlife is lively with many bars crafting strange and fun adult beverage creations. If you're an outdoors lover, Austin offers almost three hundred days of sunshine, spend all those sunny days in its various parks, biking and hiking trails. Austin truly does have something for everyone.

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

Explore Austin, TX Rentals by Map

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Austin, TX Area Reviews

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

Raul • 4+ years in Austin

March 17, 2026

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

Steve • 4+ 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.

Mary • 1+ years in Austin

April 3, 2025

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

Kevin • 4+ 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 $635.

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 $1,559.

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 19,893 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 $602 which is $957 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.

Helpful Local Expert Guides

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Where to Stay in Austin: The Best Neighborhoods for Short-Term Rentals

Written by: Raul Mercado

I’m Raul, your ApartmentHomeLiving.com local expert for Austin. After living in Austin for more than 10 years, I’ve seen firsthand how the short term rental scene has changed in the live music capital of the world.

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Keep Austin Affordable: A Renter's Guide to the Best Suburbs Around the City

Written by: Raul Mercado

I’m Raul, your ApartmentHomeLiving.com local expert for Austin.

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The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX

Written by: Raul Mercado

I’m Raul, your ApartmentHomeLiving.com local expert for Austin. I spend most of my time helping people understand what it actually costs to live in the music capital of Texas and where the best places to settle are.

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Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers

Written by: Raul Mercado

Hello! I’m Raul, your ApartmentHomeLiving.com local expert for Austin, Texas. I’ve spent years exploring Austin’s neighborhoods throughout my time living in this great city in different apartments and homes.

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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.