
Cheap Apartments for Rent in the Central Austin Neighborhood of Austin, TX from $400 (240 Rentals) Page 2 of 5
Search the lowest-cost Apartments available for rent right now in the Central Austin area of Austin.


Diplomat Apartments

Cedar Street Flats

The Sinclair

203 W 39th St, Unit 109

806 W 24th St

Sabina

San Remo Apartments

3115 Helms St, Unit 108

Plaza Sonora
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.

303 W 40th St

Marq Uptown

3121 Speedway

505 W 18th St

706 W 34th St

Texan Pearl Best Value in West Campus

1103 W 22nd St

2505 San Gabriel

2802 Nueces St, Unit 212

914 W 26th St
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.

3304 Tom Green St, Unit #B

1807 Poquito St, Unit #46

2300 Leon St

Lantana Apartments

2110 Rio Grande, Unit 206

1908 San Antonio St

2830 San Gabriel St

Total Monthly Price
Gables Central Park Texas

Littlefield House Apartments

3108 Walling Dr, Unit C
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.

711 W 26th, Unit 305

3404 1/2 Grooms St

2401 Leon St, Unit 106

3206 Tom Green St

3506 Speedway

706 W 22nd St

302 E 30th St

3115 Helms St, Unit 302

VIP Apartments

Elmwood Apartments
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

Pepper Tree II

Warwick

The Preserve Villa Del Rey

2510 San Gabriel St

The Jacksonian

3000 Guadalupe St

Red River Place

The Avalon Apartments

The Block on 25th - West

Greenwood Square
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 | $1,626 | $649 | $10,000+ |
| Central Austin 1 Bedroom Apartments | $1,553 | $799 | $3,205 |
| Central Austin 2 Bedroom Apartments | $1,641 | $624 | $5,255 |
| Central Austin 3 Bedroom Apartments | $1,417 | $604 | $3,455 |
| Central Austin 4 Bedroom Apartments | $1,473 | $489 | $5,000 |
| Central Austin 5 Bedroom Apartments | $1,564 | $830 | $4,010 |
Browse Apartments in this Neighborhood
There are currently 240 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 $975.
What is the price of a cheap apartment in Central Austin?
The cheapest apartment in Central Austin is Fountain Terrace Apartments which is listed at $895, 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 167 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 $1,030 which is $17,965 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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.