New Apartments for Rent in Austin, TX Under $5,000 (508 Rentals)

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1155 Barton Springs
$3,600 - $6,499
Total Monthly Price

Total Monthly Price

Base Rent
$3,500 - $6,399
Required Monthly Fees
Varies

Total Monthly Price
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Built in 20211 to 2 Bedroom Apartments Available May 11

1155 Barton Springs

1155 Barton Springs RdAustin, TX 78704
Luxury
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Paseo
$2,741 - $26,859
Total Monthly Price

Total Monthly Price

Base Rent
$2,382 - $26,500
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2025Studio to 3 Bedroom Apartments Available Now

Paseo

80 Rainey StAustin, TX 78701
Corporate Housing
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Jovie Belterra
$2,728 - $3,438
Total Monthly Price

Total Monthly Price

Base Rent
$2,620 - $3,330
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20241 to 2 Bedroom Apartments Available Now

Jovie Belterra

167 Hargraves DrAustin, TX 78737
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Hanover Brazos Street
Rent Specials
$2,381 - $17,314
Total Monthly Price

Total Monthly Price

Base Rent
$1,931 - $16,864
Required Monthly Fees
$450

Total Monthly Price
$2,381 - $17,314
Built in 20231 to 3 Bedroom Apartments Available Now

Hanover Brazos Street

215 Brazos StAustin, TX 78701
Luxury
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415Colorado
Rent Specials
$2,315 - $22,510
Total Monthly Price

Total Monthly Price

Base Rent
$2,005 - $22,200
Required Monthly Fees
$310

Total Monthly Price
$2,315 - $22,510
Built in 2025Studio to 3 Bedroom Apartments Available Now

415Colorado

415 Colorado StAustin, TX 78701
Luxury
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  • Utilities Included
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422 at the Lake
$2,167 - $4,313
Total Monthly Price

Total Monthly Price

Base Rent
$2,047 - $4,193
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2016Studio to 2 Bedroom Apartments Available Now

422 at the Lake

422 W Riverside DrAustin, TX 78704
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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Sienna at the Thompson
$2,100 - $4,766
Total Monthly Price

Total Monthly Price

Base Rent
$2,085 - $4,751
Required Monthly Fees
$15

Total Monthly Price
$2,100 - $4,766
Built in 2022Studio to 2 Bedroom Apartments Available Now

Sienna at the Thompson

501 Brazos StAustin, TX 78701
Luxury
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The Bowen
Rent Specials
$2,068 - $14,018
Total Monthly Price

Total Monthly Price

Base Rent
$1,940 - $13,890
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2021Studio to 3 Bedroom Apartments Available Now

The Bowen

3000 Gracie Kiltz LnAustin, TX 78758
Pet Friendly
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Solaris House at Uptown ATX
Rent Specials
$2,058 - $5,117
Total Monthly Price

Total Monthly Price

Base Rent
$1,926 - $4,985
Required Monthly Fees
$132

Total Monthly Price
$2,058 - $5,117
Built in 2024Studio to 2 Bedroom Apartments Available Now

Solaris House at Uptown ATX

2800 Solaris StAustin, TX 78758
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The Waller
Rent Specials
$2,031 - $10,230
Total Monthly Price

Total Monthly Price

Base Rent
$1,826 - $10,025
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2022Studio to 3 Bedroom Apartments Available Now

The Waller

1104 Sabine StAustin, TX 78701
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Gables Republic Square
Rent Specials
$1,999 - $11,037
Total Monthly Price

Total Monthly Price

Base Rent
$1,948 - $10,986
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2019Studio to 3 Bedroom Apartments Available Now

Gables Republic Square

401 Guadalupe StAustin, TX 78701
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Water Marq
$1,970 - $7,859
Total Monthly Price

Total Monthly Price

Base Rent
$1,921 - $7,810
Required Monthly Fees
$49

Total Monthly Price
$1,970 - $7,859
Built in 2016Studio to 3 Bedroom Apartments Available Now

Water Marq

300 E Riverside DrAustin, TX 78704
Corporate Housing
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The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX

Moving to Austin? Get an insider’s guide to managing costs in the Music Capital. Discover which affordable ATX neighborhoods fit your budget and lifestyle.

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The Marlowe
$1,946 - $4,558
Total Monthly Price

Total Monthly Price

Base Rent
$1,825 - $4,437
Required Monthly Fees
$121

Total Monthly Price
$1,946 - $4,558
Built in 20201 to 3 Bedroom Apartments Available Now

The Marlowe

1115 Town Creek DrAustin, TX 78741
Outdoors
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The Waylon
Rent Specials
$1,706 - $4,644
Total Monthly Price

Total Monthly Price

Base Rent
$1,499 - $4,437
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2026Studio to 3 Bedroom Apartments Available Now

The Waylon

7618 Burnet RdAustin, TX 78757
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AMLI North Park
$1,704 - $4,914
Total Monthly Price

Total Monthly Price

Base Rent
$1,664 - $4,874
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2024Studio to 2 Bedroom Apartments Available Now

AMLI North Park

2300 Aldrich StAustin, TX 78723
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The Clark
Rent Specials
$1,690 - $8,111
Total Monthly Price

Total Monthly Price

Base Rent
$1,613 - $8,034
Required Monthly Fees
$77

Total Monthly Price
$1,690 - $8,111
Built in 2018Studio to 3 Bedroom Apartments Available Now

The Clark

1301 W 5th StAustin, TX 78703
Corporate Housing
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Beyond "Keep Austin Weird": Your Insider's Ultimate Guide to Renting and Living in Austin, Texas

Moving to Austin, TX? We are Here to Help. Our Local Expert Breaks Down the Commute reality, Renting Around the City, the Job Scene, and Shares Recommendations for 5 Great Austin Neighborhoods You Should Explore First.

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Alexan Waterloo
Rent Specials
$1,642 - $17,999
Total Monthly Price

Total Monthly Price

Base Rent
$1,097 - $17,454
Required Monthly Fees
$545

Total Monthly Price
$1,642 - $17,999
Built in 2021Studio to 3 Bedroom Apartments Contact Us For Availability

Alexan Waterloo

700 E 11th StAustin, TX 78701
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The Bouldin
Rent Specials
$1,640 - $4,514
Total Monthly Price

Total Monthly Price

Base Rent
$1,471 - $4,345
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20241 to 2 Bedroom Apartments Available Now

The Bouldin

1401 S LamarAustin, TX 78704
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Lenox Burnet
Rent Specials
$1,629 - $2,704
Total Monthly Price

Total Monthly Price

Base Rent
$1,533 - $2,608
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2024Studio to 2 Bedroom Apartments Available Now

Lenox Burnet

6801 Burnet RdAustin, TX 78757
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The Amber
Rent Specials
$1,569 - $2,939
Total Monthly Price

Total Monthly Price

Base Rent
$1,431 - $2,801
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20261 to 3 Bedroom Apartments Available Now

The Amber

3901 E Parmer LnAustin, TX 78754
Furnished
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Aura Thirty2
Rent Specials
$1,548 - $7,956
Total Monthly Price

Total Monthly Price

Base Rent
$1,291 - $7,699
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20201 to 2 Bedroom Apartments Available Now

Aura Thirty2

3233 Harmon AveAustin, TX 78705
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The Saint Mary
Rent Specials
$1,526 - $4,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,458 - $3,932
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20191 to 2 Bedroom Apartments Available Now

The Saint Mary

7500 W Slaughter LnAustin, TX 78749
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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The Janis
Rent Specials
$1,524 - $2,379
Total Monthly Price

Total Monthly Price

Base Rent
$1,449 - $2,304
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20241 to 2 Bedroom Apartments Available Now

The Janis

3500 E Parmer LnAustin, TX 78754
Family Friendly
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Broadstone North Lamar
Rent Specials
$1,514 - $3,259
Total Monthly Price

Total Monthly Price

Base Rent
$1,417 - $3,162
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20241 to 2 Bedroom Apartments Available Now

Broadstone North Lamar

6709 N Lamar BlvdAustin, TX 78752
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Platform
Rent Specials
$1,514 - $5,910
Total Monthly Price

Total Monthly Price

Base Rent
$1,438 - $5,834
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2017Studio to 2 Bedroom Apartments Available Now

Platform

2823 E Martin Luther King Jr BlvdAustin, TX 78702
Student Housing
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Lenox 7th
Rent Specials
$1,487 - $2,990
Total Monthly Price

Total Monthly Price

Base Rent
$1,379 - $2,882
Required Monthly Fees
$108

Total Monthly Price
$1,487 - $2,990
Built in 20211 to 2 Bedroom Apartments Available Now

Lenox 7th

4910 E 7th StAustin, TX 78702
Family Friendly
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Flatiron Domain
$1,477 - $5,348
Total Monthly Price

Total Monthly Price

Base Rent
$1,391 - $5,262
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2020Studio to 3 Bedroom Apartments Available Now

Flatiron Domain

10727 Domain DrAustin, TX 78758
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Alexan Rivercrest
Rent Specials
$1,466 - $4,066
Total Monthly Price

Total Monthly Price

Base Rent
$1,185 - $3,785
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2025Studio to 2 Bedroom Apartments Available Now

Alexan Rivercrest

1301 Parker LnAustin, TX 78741
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Alexan Riverside
Rent Specials
$1,456 - $4,181
Total Monthly Price

Total Monthly Price

Base Rent
$1,215 - $3,940
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2023Studio to 2 Bedroom Apartments Available Now

Alexan Riverside

1400 Royal Crest DrAustin, TX 78741
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The Albright
$1,454 - $3,369
Total Monthly Price

Total Monthly Price

Base Rent
$1,340 - $3,255
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 2024Studio to 3 Bedroom Apartments Available Now

The Albright

8528 Burnet RdAustin, TX 78757
Affordability
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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.

Austin, TX Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers

The Austin job market is booming, but where should you live? Discover the most affordable and charming neighborhoods that put you minutes from Dell Seton, IBM, and Dell.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Local Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Austin, TX metro area for affordable living. Find your perfect Austin Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Austin, TX Rentals by Map

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Austin, TX Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • 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 New Austin Apartments

What is the Cheapest New apartment in Austin?

Currently the most affordable New Apartment in Austin is at Eastside Station listed at $116.

How much is the average rent for a New Austin Apartment?

The average rent for a New Apartment in Austin is $2,251.

What is the largest New Austin Apartment for rent?

Today's New apartment with the most square footage in Austin is a 4,064 square feet unit starting from $1,642 at Alexan Waterloo.

What is the average size for Austin New Apartments for rent?

The average size for a New rental in Austin is currently at 600 sq ft.

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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The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin

Written by: Raul Mercado

For many people the College years are some of the best years of your life. And you can certainly make the most of those years by finding the perfect place around your campus to call home.

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Beyond "Keep Austin Weird": Your Insiders Ultimate Guide to Renting and Living in Austin, Texas

Written by: Raul Mercado

Hi, I’m Raul, the ApartmentHomeLiving.com Local Guide for Austin. I’ve called the area home long enough to know all the shortcuts and best places to check out and am happy to share them with you today.

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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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.