
Cheap Apartments for Rent in the Central Austin Neighborhood of Austin, TX from $400 (131 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Central Austin area of Austin.


1400 Rio Grande Apartments

2307 Rio Grande St

Cedar 31

1008 W 25th St

307 E 31st St

Monticello Apartments Hyde Park

The Parker at Hyde Park

2800 Pearl St
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.

3107 Speedway

415 W 39th St

Total Monthly Price
The Kingston

4303 Duval St

404 W 35th St

Total Monthly Price
710 E Dean Keeton St

West Campus Flats

2721 Hemphill Park

1010 W 26th St

Hyde Park Court Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Barranca Square Apartments

Rio Grande Square Apartments

Total Monthly Price
2802 Whitis Avenue

Rio House Apartments

Lantana Apartments

1302 W 24th St

2818 Nueces St

2408 Leon St

Cedar Street Flats

302 E 34th St
Austin's Best Affordable Neighborhoods
Learn about Austin and the best places to live with original content written by our Austin, TX Local Expert Raul Mercado

2712 Whitis Ave

The Sinclair

203 W 39th St

Texan Pearl

1013 W 23rd St

3212 Red River St

2515 Pearl St

Stone Hill Apartments

3405 Helms St

VIP Apartments

Elmwood Apartments

Pepper Tree II

Warwick

The Preserve Villa Del Rey

The Jacksonian

Red River Place

The Avalon Apartments

The Preserve Hyde Park - Siesta Place

Chimney Sweep Apartments

The Block on 25th - West
Central Austin, Austin, TX Local Guide

How much does it cost to rent an apartment in Central Austin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Austin Studio Apartments | $1,516 | $700 | $2,399 |
| Central Austin 1 Bedroom Apartments | $1,443 | $785 | $3,305 |
| Central Austin 2 Bedroom Apartments | $1,562 | $624 | $5,255 |
| Central Austin 3 Bedroom Apartments | $1,422 | $604 | $3,750 |
| Central Austin 4 Bedroom Apartments | $1,451 | $489 | $5,000 |
| Central Austin 5 Bedroom Apartments | $1,270 | $830 | $3,300 |
Browse Apartments in this Neighborhood
There are currently 131 rentals with your search options within a 2 mile radius of the Central Austin Neighborhood of Austin, TX.
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Frequently Asked Questions about Cheap Central Austin Apartments
What is a cheap apartment in Central Austin?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Austin is under $895.
What is the price of a cheap apartment in Central Austin?
The cheapest apartment in Central Austin is La Casita which is listed at $799, while the average apartment in Central Austin costs $18,995.
What types of apartments are the cheapest in Central 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 310 regular apartments in Central 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 Central Austin?
Cheap apartments in Central Austin have an average cost of $1,119 which is $17,876 cheaper than the average rent for all rentals in Central 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

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

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.

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.

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

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.

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.

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.

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.
