Cheap Apartments for Rent in Austin, TX from $500 with Washer/Dryer (1,219 Rentals) Page 5 of 25

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

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Milo
Rent Specials
$975 - $5,365
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $5,365

Total Monthly Price
$975 - $5,365
Studio to 2 Bedroom Apartments Available Now

Milo

3220 Duval RdAustin, TX 78759
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Prospect
Rent Specials
$978 - $2,598
Total Monthly Price

Total Monthly Price

Base Rent
$978 - $2,598

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Prospect

122 Sheraton AveAustin, TX 78745
Furnished
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  • Customer Reviewed
  • 3D Tour
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Bridge at Speyside
Rent Specials
$983 - $3,069
Total Monthly Price

Total Monthly Price

Base Rent
$983 - $3,069

Total Monthly Price
$983 - $3,069
Studio to 2 Bedroom Apartments Available Now

Bridge at Speyside

6504 Boyce LnAustin, TX 78754
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Twelve100
$984 - $1,971
Total Monthly Price

Total Monthly Price

Base Rent
$984 - $1,971

Total Monthly Price
$984 - $1,971
1 to 3 Bedroom Apartments Available Now

Twelve100

12100 Metric BlvdAustin, TX 78758
Student Housing
  • Verified
  • Customer Reviewed
  • Low Income
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Crosstown
Rent Specials
$993 - $1,818
Total Monthly Price

Total Monthly Price

Base Rent
$993 - $1,818

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Crosstown

6507 E Riverside DrAustin, TX 78741
Affordability
  • Verified
  • Customer Reviewed
  • Low Income
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Ryder Ridge
Rent Specials
$999 - $2,084
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $2,084

Total Monthly Price
$999 - $2,084
1 to 4 Bedroom Apartments Available Now

Ryder Ridge

9351 Decker Lake RdAustin, TX 78724
Affordability
  • Verified
  • Utilities Included
  • Low Income

Austin, TX Area Reviews

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  • Location
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  • 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 $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 $1,554.

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 23,755 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 $592 which is $962 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

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Articles, How-To's, and Tips

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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