Cheap Apartments for Rent in the Cherry Creek Neighborhood of Austin, TX from $700 (86 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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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Trillium Terrace
Rent Specials
$1,149 - $1,954
Total Monthly Price

Total Monthly Price

Base Rent
$1,149 - $1,954
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1 to 2 Bedroom Apartments Available Now

Trillium Terrace

6500 Manchaca RdAustin, TX 78745
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Perch
Rent Specials
$1,346 - $2,431
Total Monthly Price

Total Monthly Price

Base Rent
$1,346 - $2,431
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Perch

7731 Menchaca RdAustin, TX 78745
Affordability
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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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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9703 Roxanna Dr
2 Bedroom Apartments

9703 Roxanna Dr

9703 Roxanna DrAustin, TX 78748
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Bridge at Sterling Springs
1 to 2 Bedroom Apartments

Bridge at Sterling Springs

2809 W William Cannon Dr WAustin, TX 78745
  • Utilities Included
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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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Southland Apartments
Studio to 2 Bedroom Apartments

Southland Apartments

2201 W William Cannon DrAustin, TX 78745
  • Utilities Included
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Southpark Ranch
1 to 3 Bedroom Apartments

Southpark Ranch

9401 S 1st StAustin, TX 78748
  • Utilities Included

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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Cherry Creek, Austin, TX Local Guide

Cheapest Available Cherry Creek Apartments for Rent

 

The cheapest available apartment rental in the Cherry Creek area of Austin, TX is a 1 Bed unit found at Landmark at Prescott Woods Apartment Homes priced from $762. The Atlantic Grand Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $798. Here are the most affordable Cherry Creek apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Landmark at Prescott Woods Apartment HomesZilker - A1/21BR,1BA$762
The Atlantic Grand OaksThe Rio1BR,1BA$798
Bridge at Sterling SpringsA1-R1BR,1BA$885
Tramor at Hunter's GlenA11BR,1BA$925
Parkview TerracesA21BR,1BA$1,024
Iron Rock Ranch IIA11BR,1BA$1,050
Homestead Oaks Apartments1x11BR,1BA$1,100
Ridgeview11F11BR,1BA$1,145
Trillium TerraceA11BR,1BA$1,149
Trails at the Park1BR/1BA1BR,1BA$1,150

Best Value Apartments for Rent in Cherry Creek, TX

As of April 24, 2026 the best value apartment in the Cherry Creek area is the $1.29 price per square foot The Fredericksburg Model at The Atlantic Grand Oaks in the in the South Austin neighborhood starting from $1,511. The second greatest value Cherry Creek apartment is the Two Bedroom Two Bath Model at Tramor at Cannon Place starting at $1,295 with a $1.26 price per square foot in the South Austin neighborhood. Here is today’s list of the best values for Cherry Creek apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Atlantic Grand OaksThe Fredericksburg3BR,2BA$1.29
Tramor at Cannon PlaceTwo Bedroom Two Bath2BR,2BA$1.26
9504 Kempler Dr, Unit A9504 Kempler Dr2BR,2BA$1.35
Parkview TerracesB12BR,1BA$1.54
The Vista on BrodieYarrow1BR,1BA$1.52
MAA Western OaksBowie1BR,1BA$1.64
Trails at the Park1BR/1BA1BR,1BA$1.50
La MadridA11BR,1BA$1.51
Homestead Oaks Apartments1x11BR,1BA$1.58
Landmark at Prescott Woods Apartment HomesZilker - A1/21BR,1BA$1.45

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

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign 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

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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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
Cherry Creek, Austin, TX

Ranked #157

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Cherry Creek, Austin, TX

School data provided by Great Schools

Frequently Asked Questions about Cheap Cherry Creek Apartments

What is the price of a cheap apartment in Cherry Creek?

The cheapest apartment in Cherry Creek is Landmark at Prescott Woods Apartment Homes which is listed at $762, while the average apartment in Cherry Creek costs $1,875.

What types of apartments are the cheapest in Cherry Creek?

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 11 regular apartments in Cherry Creek 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 Cherry Creek?

Cheap apartments in Cherry Creek have an average cost of $571 which is $1,304 cheaper than the average rent for all rentals in Cherry Creek.

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.

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