
Cheap New Apartments for Rent in Austin, TX from $400 (420 Rentals) Page 5 of 9
Search the lowest-cost Apartments available for rent right now in Austin.


The Asher

Sentral East Austin

The Monroe Apartments

The Anderson

Alexan Rivercrest

Alexan Braker Pointe

Estates at Norwood

Cedar Heights

Progress @ Tech Ridge

Citizen House MLK

Fifteen15 South Lamar Apartments

Sonora

Aura High Pointe

Radius on Grove

Affinity at Wells Branch 55+

Eastside Station

Bluestem at Loyola

Aldrich 51

Citizen House Decker

The Maris

Lookout

The Albright

Alexan Riverside

The Kelsey at Scofield Farms

E6

The Edition

The Mia

Broadstone North ATX

The Wyatt

West Koenig Flats

Flatiron Domain

AVE Austin North Lamar

7East

The Eden at Pearson Ranch

Bridges at Cameron

Windsor Burnet

Goodnight Commons

Crestview Commons Apartments

Trillium Terrace

Villages at Fiskville

Menchaca Commons

Aura Thirty2

The Villages at Ben White

Lenox 7th

Marq Uptown

Bridge at Goodnight Ranch

Libertad Austin

The Saint George

The Ladybird Senior Apartments - 55+
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 | $1,287 | $625 | $4,896 |
| Austin 1 Bedroom Apartments | $1,461 | $499 | $10,000+ |
| Austin 2 Bedroom Apartments | $1,862 | $599 | $10,000+ |
| Austin 3 Bedroom Apartments | $2,261 | $674 | $10,000+ |
| Austin 4 Bedroom Apartments | $1,965 | $489 | $10,000+ |
| Austin 5 Bedroom Apartments | $3,428 | $845 | $10,000+ |
| Austin 6 Bedroom Apartments | $8,052 | $4,500 | $10,000+ |
Explore Austin
Getting Around Austin, TX
Walk Score®
56 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
58 / 100
Bikeable
Some bike infrastructure
Transit Score®
36 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Austin, TX Area Reviews
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 $672.
What is the price of a cheap apartment in Austin?
The cheapest apartment in Austin is Legends Lake Creek which is listed at $15, while the average apartment in Austin costs $4,521.
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 36,401 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 $522 which is $3,999 cheaper than the average rent for all rentals in Austin.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The 10 Best Affordable Neighborhoods in Austin, TX
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.