Cheap Apartments for Rent in the Cherrywood Neighborhood of Austin, TX from $700 (82 Rentals)

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

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 4103 Speedway

4103 Speedway

AustinTX78751
property at 2900 Cole St

2900 Cole St

AustinTX78705

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Volume 1
Studio Apartments

Volume 1

2506 Manor RdAustin, TX 78722
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Volume 2
Studio to 2 Bedroom Apartments

Volume 2

2604 Manor RdAustin, TX 78722
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Volume 4
Studio Apartments

Volume 4

2703-2709 Manor RdAustin, TX 78722
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Red River Place
Studio to 1 Bedroom Apartments

Red River Place

924 Dean Keeton StAustin, TX 78712
  • Utilities Included
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The Avalon Apartments
Studio to 2 Bedroom Apartments

The Avalon Apartments

1100 E 32nd StAustin, TX 78722
  • Utilities Included

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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Volume 3
Studio Apartments

Volume 3

2704 Manor RdAustin, TX 78722
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Volume 5
1 Bedroom Apartments

Volume 5

2500 E 22nd StAustin, TX 78722
Showing Results 1-50, Page 1 of 2

Cherrywood, Austin, TX Local Guide

Cheapest Available Cherrywood Apartments for Rent

 

The cheapest available apartment rental in the Cherrywood area of Austin, TX is a Studio unit found at Volume 2 priced from $799. Volume 1 has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Cherrywood apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Volume 2Vol 1 - StudioStudio,1BA$799
Volume 1Vol 1 - StudioStudio,1BA$799
The RailE2Studio,1BA$866
Volume 4Vol 4 - StudioStudio,1BA$874
Volume 3Vol 3 - StudioStudio,1BA$899
The Abali ApartmentsA1Studio,1BA$900
La Casita1BR/1.0BA1BR,1BA$900
Volume 5Vol 5 - 1 Bedroom 1 Bathroom1BR,1BA$936
Tanglewood North ApartmentsEfficiencyStudio,1BA$950
Swisher ApartmentsUpdated North Campus One Bedroom1BR,1BA$950

Best Value Apartments for Rent in Cherrywood, TX

As of June 22, 2025 the best value apartment in the Cherrywood area is the $1.70 price per square foot B2 Model at Duval Villa in the in the East Austin neighborhood starting from $1,695. The second greatest value Cherrywood apartment is the Vol 7 - 2 Bedroom 1 Bathroom Model at Volume 7 starting at $1,699 with a $1.88 price per square foot in the East Austin neighborhood. Here is today’s list of the best values for Cherrywood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Duval VillaB22BR,2BA$1.70
Volume 7Vol 7 - 2 Bedroom 1 Bathroom2BR,1BA$1.88
North 40Building A - 2 Bed 1 Bath2BR,1BA$1.53
Casa Del Rio ApartmentsB12BR,1BA$1.89
River OaksPRE LEASE NOW 2025 A11BR,1BA$1.69
M StationA11BR,1BA$1.49
The Abali ApartmentsA1Studio ,1BA$1.63
La Casita1BR/1.0BA1BR,1BA$1.64
Volume 5Vol 5 - 1 Bedroom 1 Bathroom1BR,1BA$1.70
Swisher ApartmentsUpdated North Campus One Bedroom1BR,1BA$1.81

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Cherrywood, Austin, TX

Ranked #131

Among neighborhoods in Austin, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Cherrywood Apartments

What is a cheap apartment in Cherrywood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cherrywood is under $950.

What is the price of a cheap apartment in Cherrywood?

The cheapest apartment in Cherrywood is La Casita which is listed at $900, while the average apartment in Cherrywood costs $4,500.

What types of apartments are the cheapest in Cherrywood?

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 56 regular apartments in Cherrywood 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 Cherrywood?

Cheap apartments in Cherrywood have an average cost of $190 which is $4,310 cheaper than the average rent for all rentals in Cherrywood.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.