New Apartments for Rent in Austin, TX Under $5,000 (494 Rentals) Page 4 of 10

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SOFI
Rent Specials
$1,171 - $3,900Built in 2025Studio to 2 Bedroom Apartments Available Now

SOFI

6311 S First StAustin, TX 78745
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  • Low Income
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Laurel
Rent Specials
$1,164 - $2,981Built in 20211 to 3 Bedroom Apartments Available Now

Laurel

2001 Ed Bluestein BlvdAustin, TX 78721
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  • Matterport 3D Tour
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Flora
Rent Specials
$1,140 - $1,655Built in 2019Studio to 2 Bedroom Apartments Available Now

Flora

5406 Middle Fiskville RdAustin, TX 78751
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Showing Results 151-200, Page 4 of 10

Getting Around Austin, TX

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

58 / 100

Bikeable

Some bike infrastructure

Transit Score®

36 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Austin, TX Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

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 New Austin Apartments

What is the Cheapest New apartment in Austin?

Currently the most affordable New Apartment in Austin is at Hedge Apartments listed at $625.

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

The average rent for a New Apartment in Austin is $2,337.

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 $1,700 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 603 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The 10 Best Affordable Neighborhoods in Austin, TX article

The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

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

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.