
Cheap Apartments for Rent in Austin, TX from $500 (1,790 Rentals) Page 27 of 36
Search the lowest-cost Apartments available for rent right now in Austin.


Garden Path

XThe Haven

Mia Riverside

Chimney Park

Sierra Ridge

Pecan Square Apartments - Hyde Park

Aspenwood Apartments

Kensington Court

Popolo Village Apartments- Hyde Park

Alma Woodward

04 Flats of Austin

The Dexter

Avonmora Apartments

Burl North

Camden Amber Oaks

Castle Arms Apartments

Cedar 31

Reserve at Springdale

Shanti Apartments

6110 Wheless Circle

2310 Rachael Court

Lupine Terrace Apartments

Juniper Springs Concierge Community

Magnolia Scofield Ridge

Tambaleo 2208

Cheshire Gardens

Bridge at Tech Crossing

The Galileo at 25th

1405 - 1413 Clearfield

Willowrun Apartments

Hyde Park Place

Austin City Lights

Preserve at Rolling Oaks

Bamboo Court Apartments

Colony Creek Apartments

Barton Cove

3205 Helms St.

La Madrid

Valley View

Volume 5

Bluff Springs Townhomes

Mueller 52

Bird Creek

The Horseshoe

Bouldin Creek Apartments

Beehive Studios

Coventry Place Apartments

Telluride Apartments - Hyde Park

The Pepper Tree
Austin, TX Local Guide

How much does it cost to rent an apartment in Austin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Austin Studio Apartments | $1,283 | $567 | $5,053 |
| Cheap Austin 1 Bedroom Apartments | $1,466 | $500 | $10,000+ |
| Cheap Austin 2 Bedroom Apartments | $1,861 | $624 | $10,000+ |
| Cheap Austin 3 Bedroom Apartments | $2,224 | $695 | $10,000+ |
| Cheap Austin 4 Bedroom Apartments | $2,117 | $575 | $10,000+ |
| Austin 5 Bedroom Apartments | $3,561 | $845 | $10,000+ |
| Austin 6 Bedroom Apartments | $2,619 | $814 | $10,000+ |
Browse Top Apartments in Austin
See all Apartments in AustinExplore Austin
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 $1,551.
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 25,362 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 $601 which is $950 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.