
Cheap Student Apartments for Rent in Austin, TX from $500 (105 Rentals)
Student Housing Options in Austin.
Cheap Apartments in Austin.


Ballpark North

1883 at Montgomery House Student Living

Sterling

Nueces

Grayson

24 Longview

La Casita

Sparq on Rio

Treehouse Apartments
Keep Austin Affordable: A Renter's Guide to the Best Suburbs Around the City
Round Rock, Buda, Cedar Park, and more — Austin's surrounding metros offer incredible value for renters. Our local expert compares the best surrounding cities so you can find more space, lower rent, and a great quality of life just minutes from the city.

Karnes

The Reserve

Mission James Place Apartments

21 Pearl

Capital Hills

Texan 26

Woodstone Apartments

Villas on Guadalupe

Pinnacle 31

Total Monthly Price
Harmony Apartments
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

Axis West Campus

Montage Apartments

Villas on Rio

Total Monthly Price
Twelve100

Monticello Apartments Hyde Park

Barranca Square Apartments

The Carrells Apartments
The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX
Moving to Austin? Get an insider’s guide to managing costs in the Music Capitol. Discover which affordable ATX neighborhoods fit your budget and lifestyle.

The Hive Red River

Marian Condos

Oaks Apartments

The Victoria

Lonestar Lofts

The Sinclair

Total Monthly Price
The Kingston

West Campus Flats

Hyde Park Court Apartments

Total Monthly Price
Platform
Beyond "Keep Austin Weird": Your Insider's Ultimate Guide to Renting and Living in Austin, Texas
Moving to Austin, TX? We are Here to Help. Our Local Expert Breaks Down the Commute reality, Renting Around the City, the Job Scene, and Shares Recommendations for 5 Great Austin Neighborhoods You Should Explore First.

Ella Parkside

Noble 2500 | Student Housing

Venue on Guadalupe

Grandmarc Austin

Yugo Austin Waterloo

Signature 1909

Diplomat Apartments

Total Monthly Price
The District at SoCo

Total Monthly Price
Broadstone East End

Marquis at Caprock Canyon
First Apartment Regrets: Real Renters Share What They'd Do Differently
Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.
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 | $1,282 | $567 | $5,053 |
| Austin 1 Bedroom Apartments | $1,465 | $500 | $10,000+ |
| Austin 2 Bedroom Apartments | $1,855 | $624 | $10,000+ |
| Austin 3 Bedroom Apartments | $2,236 | $695 | $10,000+ |
| Austin 4 Bedroom Apartments | $2,083 | $575 | $10,000+ |
| Austin 5 Bedroom Apartments | $3,464 | $845 | $10,000+ |
| Austin 6 Bedroom Apartments | $2,384 | $814 | $10,000+ |
Browse Top Apartments in Austin
See all Apartments in AustinExplore Austin

Austin, TX Local Guide
- Austin Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers
The Austin job market is booming, but where should you live? Discover the most affordable and charming neighborhoods that put you minutes from Dell Seton, IBM, and Dell.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleLocal Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Austin, TX metro area for affordable living. Find your perfect Austin Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Austin, TX Rentals by Map
See the most popular apartments and homes in Austin, TX
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 $606.
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 $1,548.
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 23,706 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 $597 which is $951 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

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.


