
Cheap Apartments for Rent in Austin, TX from $500 (1,791 Rentals) Page 4 of 36
Search the lowest-cost Apartments available for rent right now in Austin.


6125 E Wonsley Dr, Unit 133

10001 N Capital of Texas Hwy, Unit 351

2902 Sweeney Ln, Unit 7

Total Monthly Price
The Axel

Bridge at Northwest Hills

Sunrise Bluffs

Total Monthly Price
Residences at Rubi

Total Monthly Price
Sutton

Parkside Austin Apartments

Whisper Hollow

2414 Ventura Dr

Burl Apartments

Pinnacle 31

Acclaim at South Congress

Canvas Apartments

11900 Hobby Horse Ct, Unit 1335

924 E Dean Keeton St

Ellie Apartments

MAA Canyon Creek

Total Monthly Price
Harmony Apartments

The Ridge Apartments

MAA Quarry Oaks

Goodnight Commons

Total Monthly Price
Farmhouse Apartments

High Oaks

Total Monthly Price
Trio

2015 Cedar Bend Dr, Unit 0943

Total Monthly Price
Centennial Place Apartments

Total Monthly Price
Bridge at Turtle Creek

Bridge at Canyon View

Total Monthly Price
Jewel Apartment Homes

Woodchase Apartments

Total Monthly Price
Villages at Turtle Rock

Tramor at Oak Run

Z - Village at Collinwood

Gardens At Westgate

104 E 32nd St

8100 N Mopac Expy, Unit 10-149

7581 Chevy Chase Dr, Unit 16-101

8100 N Mopac Service Rd

The Social

Remington House Apartments

Wildcreek

Spicewood Springs Apartment Homes

Silver Springs

Fashionaire

The Beckett
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 | $1,282 | $567 | $5,053 |
| Cheap Austin 1 Bedroom Apartments | $1,465 | $500 | $10,000+ |
| Cheap Austin 2 Bedroom Apartments | $1,855 | $624 | $10,000+ |
| Cheap Austin 3 Bedroom Apartments | $2,236 | $695 | $10,000+ |
| Cheap 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 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

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.

