Cheap Low Income Apartments for Rent in Austin, TX from $400 (117 Rentals) Page 2 of 3

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

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Hillside on Cannon
Rent Specials
$1,015 - $1,757
Total Monthly Price

Total Monthly Price

Base Rent
$1,015 - $1,757

Total Monthly Price
Varies
2 to 4 Bedroom Apartments Available Now

Hillside on Cannon

2302 E William Cannon DrAustin, TX 78744
Furnished
  • Verified
  • Customer Reviewed
  • Low Income
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Bridge at Avery Ranch
Rent Specials
$1,020 - $2,682
Total Monthly Price

Total Monthly Price

Base Rent
$1,020 - $2,682

Total Monthly Price
$1,020 - $2,682
Studio to 3 Bedroom Apartments Available Now

Bridge at Avery Ranch

9225 N Lake Creek PkyAustin, TX 78717
Affordability
  • Verified
  • Customer Reviewed
  • Low Income
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Augustine
Rent Specials
$1,084 - $2,436
Total Monthly Price

Total Monthly Price

Base Rent
$1,084 - $2,436

Total Monthly Price
$1,084 - $2,436
Studio to 2 Bedroom Apartments Available Now

Augustine

707 W Slaughter LnAustin, TX 78748
Affordability
  • Verified
  • Low Income
  • 3D Tour

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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High Point Preserve
Rent Specials
$1,105 - $3,488
Total Monthly Price

Total Monthly Price

Base Rent
$1,105 - $3,488

Total Monthly Price
$1,105 - $3,488
Studio to 3 Bedroom Apartments Available Now

High Point Preserve

9301 E Highway 290Austin, TX 78724
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Park South
Rent Specials
$1,126 - $2,530
Total Monthly Price

Total Monthly Price

Base Rent
$1,126 - $2,530

Total Monthly Price
$1,126 - $2,530
1 to 2 Bedroom Apartments Available Now

Park South

2000 Onion Creek PkyAustin, TX 78748
Affordability
  • Verified
  • Low Income
  • 3D Tour

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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Bridge at Paloma
Rent Specials
$1,192 - $1,803
Total Monthly Price

Total Monthly Price

Base Rent
$1,192 - $1,803

Total Monthly Price
$1,192 - $1,803
Studio to 2 Bedroom Apartments Available Now

Bridge at Paloma

9911 Dessau RdAustin, TX 78754
Affordability
  • Verified
  • Customer Reviewed
  • Low Income

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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Matador
Rent Specials
$1,255 - $1,572
Total Monthly Price

Total Monthly Price

Base Rent
$1,255 - $1,572

Total Monthly Price
$1,255 - $1,572
1 to 2 Bedroom Apartments Available Oct 23

Matador

5900 S Congress AveAustin, TX 78745
Affordability
  • Verified
  • Low Income
  • 3D Tour

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.

Cash 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.

Austin, TX Area Reviews

  • Parks
  • Entertainment
  • 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 $611.

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 $1,556.

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 19,646 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 $589 which is $967 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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