Cheap Apartments for Rent in the Central East Austin Neighborhood of Austin, TX from $400 (178 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 1008 W 25th St

1008 W 25th St

AustinTX78705

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.

Read Article

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
property at 2408 Leon St

2408 Leon 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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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property at 1600 West Ave

1600 West Ave

AustinTX78701

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.

Read Article
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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 The Rebekah priced from $699. San Gabriel Square Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Central East Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
The RebekahStudioStudio,1BA$699
San Gabriel Square ApartmentsSmall EfficencyStudio,1BA$700
NellieEffStudio,1BA$749
La Casita1BR/1.0BA1BR,1BA$750
Volume 1Vol 1 - StudioStudio,1BA$799
Volume 2Vol 1 - StudioStudio,1BA$799
Parker Heights & Flats ApartmentsPF - StudioStudio,1BA$800
The RailE2Studio,1BA$866
Pinnacle 31EfficiencyStudio,1BA$875
Volume 8Vol 8 - 1 Bedroom 1 Bathroom1BR,1BA$949

Best Value Apartments for Rent in Central East Austin, TX

As of October 13, 2025 the best value apartment in the Central East Austin area is the $0.50 price per square foot D5TH-SHARED Model at Villas on Rio in the in the Central East Austin neighborhood starting from $1,099. The second greatest value Central East Austin apartment is the D1 - Trinity Model at Union on San Antonio starting at $1,050 with a $0.83 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.
Villas on RioD5TH-SHARED4BR,4BA$0.50
Union on San AntonioD1 - Trinity4BR,4BA$0.83
Sterling3 bedroom 3 bathroom-C13BR,3BA$0.97
GrandMarc Austin2X22BR,2BA$1.38
24 Longview4x24BR,2BA$0.49
Aria GrandB12BR,2BA$1.37
21 Pearl2 Bed x 1 Bath2BR,1BA$1.47
Point North Student LivingB12BR,2BA$1.18
Casa Del Rio ApartmentsB12BR,1BA$1.38
La CasitaREMODELED 2x12BR,1BA$1.15

Quick Rent Budget Calculator

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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 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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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 $949.

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 $750, while the average apartment in Central East Austin costs $18,900.

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 168 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 $654 which is $18,246 cheaper than the average rent for all rentals in Central East Austin.

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.

decorative image for The 10 Best Affordable Neighborhoods in Austin, TX article

The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

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

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.