Cheap Apartments for Rent in Austin, TX from $500 (1,791 Rentals) Page 3 of 36

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

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The Morgan
Rent Specials
$812 - $1,866
Total Monthly Price

Total Monthly Price

Base Rent
$812 - $1,866
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Morgan

1801 Wells Branch PkyAustin, TX 78728
Affordability
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Legends Lakeline
$816 - $2,026
Total Monthly Price

Total Monthly Price

Base Rent
$816 - $2,026
Total Monthly Price
$816 - $2,026
1 to 3 Bedroom Apartments Available Now

Legends Lakeline

9725 N Lake Creek PkyAustin, TX 78717
Corporate Housing
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Volume
Rent Specials
$817 - $1,462
Total Monthly Price

Total Monthly Price

Base Rent
$817 - $1,462
Total Monthly Price
$817 - $1,462
Studio to 2 Bedroom Apartments Available Now

Volume

2604 Manor RdAustin, TX 78722
Affordability
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Parkside Crossing
$827 - $2,846
Total Monthly Price

Total Monthly Price

Base Rent
$827 - $2,846
Total Monthly Price
$827 - $2,846
1 to 3 Bedroom Apartments Available Now

Parkside Crossing

3400 Shoreline DrAustin, TX 78728
Affordability
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Waterloo Flats
Rent Specials
$840 - $1,696
Total Monthly Price

Total Monthly Price

Base Rent
$840 - $1,696
Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Waterloo Flats

1300 Pleasant Valley Rd SAustin, TX 78741
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Lyv Austin
Rent Specials
$849 - $1,575
Total Monthly Price

Total Monthly Price

Base Rent
$849 - $1,575
Total Monthly Price
$849 - $1,575
1 to 2 Bedroom Apartments Available Now

Lyv Austin

2207 Wickersham LnAustin, TX 78741
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 101-150, Page 3 of 36

Austin, TX Area Reviews

  • Parks
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  • 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.

Helpful Local Expert Guides

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