Cheap New Apartments for Rent in Austin, TX from $400 (426 Rentals) Page 2 of 9

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

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Bridge at Speyside
Rent Specials
$1,003 - $2,782
Total Monthly Price

Total Monthly Price

Base Rent
$1,003 - $2,782

Total Monthly Price
$1,003 - $2,782
Built in 2024Studio to 2 Bedroom Apartments Available Now

Bridge at Speyside

6504 Boyce LnAustin, TX 78754
Affordability
  • Verified
  • Customer Reviewed
  • 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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Bridge at Avery Ranch
Rent Specials
$1,032 - $2,711
Total Monthly Price

Total Monthly Price

Base Rent
$1,032 - $2,711

Total Monthly Price
$1,032 - $2,711
Built in 2023Studio 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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Rhythm
Rent Specials
$1,063 - $3,991
Total Monthly Price

Total Monthly Price

Base Rent
$1,063 - $3,991

Total Monthly Price
Varies
Built in 2020Studio to 2 Bedroom Apartments Available Aug 25

Rhythm

9701 Spectrum DrAustin, TX 78717
Outdoors
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Wilder
Rent Specials
$1,078 - $2,842
Total Monthly Price

Total Monthly Price

Base Rent
$1,078 - $2,842

Total Monthly Price
Varies
Built in 2020Studio to 2 Bedroom Apartments Available Now

Wilder

8350 Bluff Springs RdAustin, TX 78744
Affordability
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  • Customer Reviewed
  • 3D Tour
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Bridge at Saffron
Rent Specials
$1,082 - $2,433
Total Monthly Price

Total Monthly Price

Base Rent
$1,082 - $2,433

Total Monthly Price
$1,082 - $2,433
Built in 2026Studio to 2 Bedroom Apartments Available Now

Bridge at Saffron

13023 Hema DrAustin, TX 78717
Affordability
  • Verified
  • 3D Tour

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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Augustine
Rent Specials
$1,084 - $2,441
Total Monthly Price

Total Monthly Price

Base Rent
$1,084 - $2,441

Total Monthly Price
$1,084 - $2,441
Built in 2026Studio to 2 Bedroom Apartments Available Now

Augustine

707 W Slaughter LnAustin, 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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Starlight
Rent Specials
$1,105 - $3,955
Total Monthly Price

Total Monthly Price

Base Rent
$1,105 - $3,955

Total Monthly Price
Varies
Built in 2022Studio to 2 Bedroom Apartments Available Now

Starlight

2901 Manor RdAustin, TX 78722
Luxury
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  • Customer Reviewed
  • 3D Tour
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Water Oak
Rent Specials
$1,106 - $1,821
Total Monthly Price

Total Monthly Price

Base Rent
$1,106 - $1,821

Total Monthly Price
Varies
Built in 20221 to 3 Bedroom Apartments Available Now

Water Oak

12234 Heatherly DrAustin, TX 78747
Furnished
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Anthem at Ledge Stone
Rent Specials
$1,110 - $3,470
Total Monthly Price

Total Monthly Price

Base Rent
$1,110 - $3,470

Total Monthly Price
Varies
Built in 20191 to 3 Bedroom Apartments Available Now

Anthem at Ledge Stone

383 Rocky Ridge TrlAustin, TX 78737
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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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The Michael At Presidio
Rent Specials
$1,114 - $2,838
Total Monthly Price

Total Monthly Price

Base Rent
$1,114 - $2,838

Total Monthly Price
Varies
Built in 2016Studio to 3 Bedroom Apartments Available Now

The Michael At Presidio

13535 Lyndhurst StAustin, TX 78717
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
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Park South
Rent Specials
$1,117 - $2,577
Total Monthly Price

Total Monthly Price

Base Rent
$1,117 - $2,577

Total Monthly Price
$1,117 - $2,577
Built in 20251 to 2 Bedroom Apartments Available Now

Park South

2000 Onion Creek PkyAustin, TX 78748
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.

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 $629.

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 $1,560.

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 19,895 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 $958 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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