
New Apartments for Rent in Austin, TX Under $700 (7 Rentals)


Daffan Flats

The Rhett
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.

ALMA Apartments

The Hedge

Parker Lane Apartments
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.

Enclave on Ross
Austin, TX Local Guide

How much does it cost to rent an apartment in Austin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Austin Studio Apartments | $1,354 | $621 | $8,305 |
Austin 1 Bedroom Apartments | $1,596 | $470 | $10,000+ |
Austin 2 Bedroom Apartments | $2,036 | $574 | $10,000+ |
Austin 3 Bedroom Apartments | $2,436 | $574 | $10,000+ |
Austin 4 Bedroom Apartments | $2,083 | $560 | $10,000+ |
Austin 5 Bedroom Apartments | $2,251 | $750 | $4,750 |
Austin 6 Bedroom Apartments | $4,737 | $3,495 | $6,500 |
Explore Austin

Austin, TX Local Guide
- Austin Neighborhoods
- Nearby Cities
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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.
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
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 New Austin Apartments
What is the Cheapest New apartment in Austin?
Currently the most affordable New Apartment in Austin is at Yager Flats listed at $632.
How much is the average rent for a New Austin Apartment?
The average rent for a New Apartment in Austin is $2,357.
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 601 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.

The 10 Best Affordable Neighborhoods in Austin, TX
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.