
Cheap New Apartments for Rent in Austin, TX from $400 (426 Rentals) Page 3 of 9
Search the lowest-cost Apartments available for rent right now in Austin.


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Strata

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Korina at the Grove

The Belmont

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Adair Onion Creek

Carrington at Oak Hill

Modera EaDo

The Oscar

The Upland

Ariza 290 West
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.

Henderson on Reinli

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Nexus at Goodnight Ranch

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Esperanza Domain

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Overture Mueller

Bridge at the Blockyard

Ivy Heights

Ella Parkside

The Zenith

St. Johns West

Residences at Saltillo
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Bellrock La Frontera

Hangar at Bergstrom

The Avery

Brightleaf at Lakeline

The Standard at Domain

East Vue Ranch Apartments

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Astra Avery Ranch

Flora

The Mont

Palo Verde
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Ariza Easton Park

Cala Apartments

Presidium Tech Ridge

Residences at Decker

Bridge at Loyola

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Lenox SoCo

The Nelson

Alexan St. Elmo

SOFI at 6311

The Bennett
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

The Monroe Apartments

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The Zoey

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Wixby House

Vantage at McKinney Falls

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Bridge at Paloma

The Markson Austin

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Sur512

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Spectra Parks

The Saint George

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AMLI Lakeline
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Austin, TX Local Guide

How much does it cost to rent an apartment in Austin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Austin Studio Apartments | $1,295 | $635 | $5,053 |
| Austin 1 Bedroom Apartments | $1,471 | $500 | $10,000+ |
| Austin 2 Bedroom Apartments | $1,858 | $624 | $10,000+ |
| Austin 3 Bedroom Apartments | $2,207 | $695 | $10,000+ |
| Austin 4 Bedroom Apartments | $2,094 | $575 | $10,000+ |
| Austin 5 Bedroom Apartments | $2,939 | $830 | $7,450 |
| Austin 6 Bedroom Apartments | $2,139 | $814 | $10,000+ |
Browse Top Apartments in Austin
See all Apartments in AustinExplore Austin
Austin, TX Area Reviews
Raul • 4+ years in Austin
March 17, 2026Perfect for families and Texas residents looking for safe neighborhoods with a strong culture and community feel.
Steve • 4+ years in Austin
April 3, 2025Alright, 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, 2025I like the northside of town best. But Downtown is fun. Lots of outdoor stuff to do
Kevin • 4+ years in Austin
March 25, 2025Happy, 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.
Helpful Local Expert Guides

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.

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.

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.

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

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.

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.

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.

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.