Cheap Homes for Rent in the Central Austin Neighborhood of Austin, TX from $600 (64 Rentals)

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Search the lowest-cost Homes available for rent right now in the Central Austin area of Austin.

property at 502 W 35th St

$880 - $1,150

Studio To 1 Bedroom Rentals

Available Now

502 W 35th St

AustinTX78705
property at 1000 W 26th St

$895 - $1,050

Studio To 1 Bedroom Rentals

Available Now

1000 W 26th St

AustinTX78705

Keep Austin Affordable: A Renter's Guide to the Best Suburbs Around the City

Round Rock, Buda, Cedar Park, and more — Austin's surrounding metros offer incredible value for renters. Our local expert compares the best surrounding cities so you can find more space, lower rent, and a great quality of life just minutes from the city.

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property at 3506 Speedway

$700 - $2,800

1 To 4 Bedroom Rentals

Available Now

3506 Speedway

AustinTX78705
property at 2604 Salado St

$950 - $1,000

1 Bedroom Rentals

Available Now

2604 Salado St

AustinTX78705
property at 3400 Speedway

$1,000 - $1,200

1 Bedroom Rentals

Available Now

3400 Speedway

AustinTX78705

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 3506 Speedway

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 2 Bath Condo for Rent

Available Now

3506 Speedway, Unit 105

3506 Speedway
AustinTX78705
property at 910 Duncan Ln

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

910 Duncan Ln, Unit 50

910 Duncan Ln
AustinTX78705
property at 114 E 31st St

$1,150 - $1,450

1 Bedroom Rentals

Available Now

114 E 31st St

AustinTX78705
property at 803 W 28th St

$1,200 - $1,425

2 Bedroom Rentals

Available Now

803 W 28th St

AustinTX78705

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 Capitol. Discover which affordable ATX neighborhoods fit your budget and lifestyle.

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property at 3115 Helms St

$1,200 - $1,950

1 To 2 Bedroom Rentals

Available Now

3115 Helms St

AustinTX78705
property at 910 Duncan Ln

$1,175 - $1,800

1 To 2 Bedroom Rentals

Available Now

910 Duncan Ln

AustinTX78705
property at 1800 Lavaca St

$1,275 - $1,850

1 To 2 Bedroom Rentals

Available Now

1800 Lavaca St

AustinTX78701
property at 914 W 26th St

$1,295 - $1,495

2 Bedroom Rentals

Available Now

914 W 26th St

AustinTX78705
property at 2706 Salado St

$975 - $1,800

2 Bedroom Rentals

Available Now

2706 Salado St

AustinTX78705

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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property at 2612 San Pedro St

$1,195 - $1,300

Studio To 1 Bedroom Rentals

Available Now

2612 San Pedro St

AustinTX78705
property at 1110 W 22nd St

$1,395 - $1,600

1 To 2 Bedroom Rentals

Available Now

1110 W 22nd St

AustinTX78705

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 2

Central Austin, Austin, TX Local Guide

Cheapest Available Central Austin Apartments for Rent

 

The cheapest available apartment rental in the Central Austin area of Austin, TX is a 1 Bed unit found at San Gabriel Place 303 priced from $600. La Casita has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Central Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
San Gabriel Place 3031BR/1.0BA1BR,1BA$600
La Casita1BR/1.0BA1BR,1BA$699
Chateau Duval1BR/1.0BA1BR,1BA$775
San Gabriel Square Apartments2BR/1BA2BR,1BA$799
104 W. 38th 1/2 Street0BR/1.0BAStudio,1BA$825
Pinnacle 31EfficiencyStudio,1BA$875
305 FlatsStudio - ClassicStudio,1BA$895
North 40North 40 - 2 Bed 1 Bath2BR,1BA$899
Villas on RioC3-SHARED3BR,3BA$939

Best Value Apartments for Rent in Central Austin, TX

As of August 24, 2026 the best value apartment in the Central Austin area is the $0.53 price per square foot San Pedro Model at Sparq on Rio in the in the Central East Austin neighborhood starting from $829. The second greatest value Central Austin apartment is the 4 Bed, 4 Bath Plus Model at Yugo Austin Rio starting at $1,379 with a $0.94 price per square foot in the Central East Austin neighborhood. Here is today’s list of the best values for Central Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sparq on RioSan Pedro3BR,3BA$0.53
Yugo Austin Rio4 Bed, 4 Bath Plus4BR,4BA$0.94
Yugo Austin Corner3 Bed, 2 Bath Deluxe3BR,2BA$0.94
Sterling3 bedroom 3 bathroom-C13BR,3BA$1.01
Marian Condos2x22BR,2BA$1.09
24 Longview4x24BR,2BA$0.68
Karnes2 Bedroom 2 Bathroom Double occupancy-B12BR,2BA$0.72
North 40North 40 - 2 Bed 1 Bath2BR,1BA$1.06
Grayson1 bedroom 1 bathroom Double occupancy-A71BR,1BA$1.14
La Casita2BR/1.0BA2BR,1BA$1.12

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Pet Friendly Lifestyle
Central Austin, Austin, TX

Ranked #47

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Central Austin

What type of rentals are currently available in Central Austin?

There are currently 424 Apartments for Rent in Central Austin, TX with pricing that ranges from $624 to $12,000. There are also 215 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Austin ranging from $750 to $17,000.

What is the current price range for Rental Homes in Central Austin?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Austin ranges from $750 to $17,000 with an average monthly rent of $2,653.

How much are larger Three and Four Bedroom Rentals in Central Austin?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Austin range from $749 to $6,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $7,000. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $685.

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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Where to Stay in Austin: The Best Neighborhoods for Short-Term Rentals

Written by: Raul Mercado

I’m Raul, your ApartmentHomeLiving.com local expert for Austin. After living in Austin for more than 10 years, I’ve seen firsthand how the short term rental scene has changed in the live music capital of the world.

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Keep Austin Affordable: A Renter's Guide to the Best Suburbs Around the City

Written by: Raul Mercado

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

decorative image for The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX article

The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX

Written by: Raul Mercado

I’m Raul, your ApartmentHomeLiving.com local expert for Austin. I spend most of my time helping people understand what it actually costs to live in the music capital of Texas and where the best places to settle are.

decorative image for Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers article

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.