Cheap Homes for Rent in Central East Austin Neighborhood of Austin, TX from $700 (133 Rentals)

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

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.

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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.

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property at 1011 W 23rd St

1011 W 23rd St

AustinTX78705
property at 2401 Manor Rd

2401 Manor Rd

AustinTX78722

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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property at 1000 W 26th St

1000 W 26th St

AustinTX78705
property at 2318 Willow St

2318 Willow St

AustinTX78702
property at 1110 W 22nd St

1110 W 22nd St

AustinTX78705
property at 3503 Harmon Ave

3503 Harmon Ave

AustinTX78705

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

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property at 306 E 30th St

306 E 30th St

AustinTX78705
property at 2706 Cole St

2706 Cole St

AustinTX78705
property at 2210 Pearl St

2210 Pearl St

AustinTX78705
Showing Results 1-50, Page 1 of 3

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 Mesh Apartments priced from $719. San Gabriel Square Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Central East Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Mesh ApartmentsE1-Mesh IIIStudio,1BA$719
San Gabriel Square ApartmentsSmall EfficencyStudio,1BA$799
Volume 2Vol 1 - StudioStudio,1BA$799
Volume 1Vol 1 - StudioStudio,1BA$799
Parker Heights Apartments0BR/1.0BAStudio,1BA$800
M StationA11BR,1BA$806
Element Austin ApartmentsE1Studio,1BA$850
La Casita1BR/1.0BA1BR,1BA$900
Swisher ApartmentsUpdated North Campus One Bedroom1BR,1BA$950
Villas on RioB5-SHARED2BR,2BA$959

Best Value Apartments for Rent in Central East Austin, TX

As of May 16, 2025 the best value apartment in the Central East Austin area is the $0.81 price per square foot 6 Bed, 6 Bath Plus Model at Yugo Austin Waterloo in the in the Central East Austin neighborhood starting from $1,369. The second greatest value Central East Austin apartment is the 4 Bed, 4 Bath Deluxe Model at Yugo Austin Rio starting at $1,399 with a $0.88 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 Waterloo6 Bed, 6 Bath Plus6BR,6BA$0.81
Yugo Austin Rio4 Bed, 4 Bath Deluxe4BR,4BA$0.88
Point North Student LivingD14BR,4BA$0.94
HillTopFrio C3BR,2BA$0.99
Venue on GuadalupeB102BR,2BA$1.02
Regency - Fabulous landmark Downtown Austin property2 Bedroom/1 Bath - Large (1044 sq. ft.)2BR,1BA$1.51
M StationB22BR,2BA$1.20
Sparq on RioSan Antonio2BR,2BA$1.55
Volume 8Vol 8 - 2 Bedroom 1 Bathroom2BR,1BA$1.47
Aria GrandA11BR,1BA$1.45

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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Frequently Asked Questions about Central East Austin

What type of rentals are currently available in Central East Austin?

There are currently 705 Apartments for Rent in Central East Austin, TX with pricing that ranges from $599 to $19,369. There are also 531 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central East Austin ranging from $750 to $18,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central East Austin ranges from $750 to $18,000 with an average monthly rent of $7,632.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Central East Austin range from $599 to $19,369, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $15,500. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $730.

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.

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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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.