Cheap New Apartments for Rent in Austin, TX from $400 (420 Rentals) Page 7 of 9

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

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13130 Pond Springs Rd
Built in 2020Studio to 3 Bedroom Apartments

13130 Pond Springs Rd

13130 Pond Springs RdAustin, TX 78729
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Creekview Apartments
Built in 2018Studio to 3 Bedroom Apartments

Creekview Apartments

5001 CrainwayAustin, TX 78724
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The Manchester Apartments
Built in 2025Studio to 3 Bedroom Apartments

The Manchester Apartments

6625 E Parmer LnAustin, TX 78754
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The Shiloh
Built in 2021Studio to 2 Bedroom Apartments

The Shiloh

6811 Old Bee Caves RdAustin, TX 78735
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The Saint Mary
Built in 20191 to 2 Bedroom Apartments

The Saint Mary

7500 W Slaughter LnAustin, TX 78749
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Atlas Eastside
Built in 2024Studio to 3 Bedroom Apartments

Atlas Eastside

4617 Tannehill LnAustin, TX 78721
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Rutland
Built in 2024Studio Apartments

Rutland

1934 Rutland DrAustin, TX 78758
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The Vaughan
Built in 20221 to 3 Bedroom Apartments

The Vaughan

12601 Innovar CirAustin, TX 78754
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Lenox Springs
Built in 20171 to 3 Bedroom Apartments

Lenox Springs

10500 S Interstate 35Austin, TX 78748
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Camden Rainey Street
Built in 2016Studio to 2 Bedroom Apartments

Camden Rainey Street

91 Rainey StAustin, TX 78701
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Bishop Momo
Built in 2024Studio to 2 Bedroom Apartments

Bishop Momo

4341 S Congress AveAustin, TX 78745
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The Pearl
Built in 2021Studio to 2 Bedroom Apartments

The Pearl

1301 W Koenig LnAustin, TX 78756
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Caliza
Rent Specials
$978 - $2,031Built in 2018Studio to 3 Bedroom Apartments Available Now

Caliza

12638 Ridgeline BlvdCedar Park, TX 78613
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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

Austin, TX Area Reviews

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

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 $672.

What is the price of a cheap apartment in Austin?

The cheapest apartment in Austin is Heritage Pointe which is listed at $499, while the average apartment in Austin costs $4,505.

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 34,554 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 $520 which is $3,985 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.

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The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

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

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.