Cheap Apartments for Rent in Austin, TX from $500 (1,790 Rentals) Page 2 of 36

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

Austin's Best Affordable Neighborhoods

Learn about Austin and the best places to live with original content written by our Austin, TX Local Expert Raul Mercado

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Windwood Apartments
$749 - $1,199
Total Monthly Price

Total Monthly Price

Base Rent
$749 - $1,199
Total Monthly Price
$749 - $1,199
1 to 2 Bedroom Apartments Available Now

Windwood Apartments

3810 Valley View RdAustin, TX 78704
Affordability
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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2413 Leon St, Unit #201
$800
Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800
1 Bedroom Apartment Available Now

2413 Leon St, Unit #201

2413 Leon StAustin, TX 78705
Affordability

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.

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Showing Results 51-100, Page 2 of 36

Austin, TX Area Reviews

  • Parks
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  • Restaurants
  • Location
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  • Outdoor Access
  • Cost of Living
  • Safety

Raul • 4+ years in Austin

March 17, 2026

Perfect for families and Texas residents looking for safe neighborhoods with a strong culture and community feel.

Steve • 4+ 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.

Mary • 1+ years in Austin

April 3, 2025

I like the northside of town best. But Downtown is fun. Lots of outdoor stuff to do

Kevin • 4+ 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 $1,548.

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.

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