Cheap Apartments for Rent in the Central East Austin Neighborhood of Austin, TX from $400 (200 Rentals)

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

property at 311 E 31st St

$700 - $1,450

Studio To 2 Bedroom Rentals

Available Now

311 E 31st St

AustinTX78705
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Rent Specials
$767 - $1,432
Total Monthly Price

Total Monthly Price

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$767 - $1,432
Total Monthly Price
$767 - $1,432
Studio to 2 Bedroom Apartments Available Now

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2604 Manor RdAustin, TX 78722
Affordability
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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

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property at 202 E 32nd St

$765 - $950

Studio Rentals

Available Now

202 E 32nd St

AustinTX78705

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.

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property at 2610 Salado St

$975 - $1,250

1 To 2 Bedroom Rentals

Available Aug 15

2610 Salado St

AustinTX78705

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

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$998 - $5,376
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Total Monthly Price

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$998 - $5,376
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Studio to 2 Bedroom Apartments Available Now

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2823 E Martin Luther King Jr BlvdAustin, TX 78702
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property at 3106 Duval St

$950 - $1,895

1 To 3 Bedroom Rentals

Available Aug 14

3106 Duval St

AustinTX78705
property at 1600 West Ave

$1,020 - $1,520

Studio To 1 Bedroom Rentals

Available Now

1600 West Ave

AustinTX78701

Beyond "Keep Austin Weird": Your Insider's Ultimate Guide to Renting and Living in Austin, Texas

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Central East Austin, Austin, TX Local Guide

Cheapest Available Central East Austin Apartments for Rent

 

The cheapest available apartment rental in the Central East Austin area of Austin, TX is a Studio unit found at Talavera Lofts priced from $629. Mesh Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Central East Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Talavera LoftsE2-30%Studio,1BA$629
Mesh ApartmentsE1-Mesh IIIStudio,1BA$699
The RebekahT1- 30%Studio,1BA$702
Volume 1Vol 1 - StudioStudio,1BA$749
VolumeVol 1 - StudioStudio,1BA$767
La CasitaREMODELED 2x12BR,1BA$799
Miller Square & Spanish TrailsE1 - Designer - Miller SquareStudio,1BA$799
San Gabriel Square Apartments2BR/1BA2BR,1BA$799
Marian Condos2x22BR,2BA$800
Pathways at Rosewood CourtsA91BR,1BA$803

Best Value Apartments for Rent in Central East Austin, TX

As of April 14, 2026 the best value apartment in the Central East Austin area is the $0.90 price per square foot 4 Bed, 4 Bath Plus Model at Yugo Austin Rio in the in the Central East Austin neighborhood starting from $1,309. The second greatest value Central East Austin apartment is the 4 Bed, 3 Bath Classic Model at Yugo Austin Nueces starting at $1,299 with a $0.98 price per square foot in the Central East Austin neighborhood. Here is today’s list of the best values for Central East Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Yugo Austin Rio4 Bed, 4 Bath Plus4BR,4BA$0.90
Yugo Austin Nueces4 Bed, 3 Bath Classic4BR,3BA$0.98
Venue on GuadalupeB32BR,2BA$1.23
24 Longview4x24BR,2BA$0.49
M StationB22BR,2BA$1.20
Point NorthB12BR,2BA$1.18
La Casita2BR/1.0BA2BR,1BA$1.25
Pathways at Chalmers Courts West1/11BR,1BA$1.27
Parker HeightsPH_1x11BR,1BA$1.34
San Gabriel Square Apartments2BR/1BA2BR,1BA$1.33

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Pet Friendly Lifestyle
Central East Austin, Austin, TX

Ranked #7

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Central East Austin, Austin, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Texas and customized analysis for Central Austin, TX. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, family-friendliness, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Central East Austin Apartments

What is a cheap apartment in Central East Austin?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central East Austin is under $803.

What is the price of a cheap apartment in Central East Austin?

The cheapest apartment in Central East Austin is La Casita which is listed at $799, while the average apartment in Central East Austin costs $18,995.

What types of apartments are the cheapest in Central East 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 349 regular apartments in Central East 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 East Austin?

Cheap apartments in Central East Austin have an average cost of $890 which is $18,105 cheaper than the average rent for all rentals in Central East 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

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The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

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

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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.

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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.

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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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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.

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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.

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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.

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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.