Cheap Apartments for Rent in the Cherrywood Neighborhood of Austin, TX from $500 (74 Rentals)

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

property at 4103 Speedway

4103 Speedway

AustinTX78751

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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
property at 2401 Manor Rd

2401 Manor Rd

AustinTX78722
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3138 Manor Rd
1 to 2 Bedroom Apartments

3138 Manor Rd

3138 Manor RdAustin, TX 78723
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2800 Swisher St
1 Bedroom Apartments

2800 Swisher St

2800 Swisher StAustin, TX 78705
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Volume 2
Studio to 2 Bedroom Apartments

Volume 2

2604 Manor RdAustin, TX 78722
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3212 Red River St
1 to 2 Bedroom Apartments

3212 Red River St

3212 Red River StAustin, TX 78705
  • Utilities Included
property at 2706 Cole St

2706 Cole St

AustinTX78705
property at 2800 Cole St

2800 Cole St

AustinTX78705
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Volume 1
Studio Apartments

Volume 1

2506 Manor RdAustin, TX 78722
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Hyde Park
Studio to 4 Bedroom Apartments

Hyde Park

918-920 E 40th StAustin, TX 78751

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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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 1 Bed unit found at La Casita priced from $799. The Abali Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Cherrywood apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
La Casita1BR/1.0BA1BR,1BA$799
The Abali ApartmentsA1Studio,1BA$900
Swisher Apartments1BR/1.0BA1BR,1BA$950
Volume 2Vol 2 - 2 Bedroom 1 Bathroom2BR,1BA$957
Casa Del Rio ApartmentsA21BR,1BA$959
Urban VillasOne Bedroom One Bath1BR,1BA$999
Volume 1Vol 1 - StudioStudio,1BA$999
Volume 4Vol 4 - 1 Bedroom 1 Bathroom1BR,1BA$1,049
M StationA11BR,1BA$1,064
40 Hyde ParkOne Bed One Bath1BR,1BA$1,100

Best Value Apartments for Rent in Cherrywood, TX

As of August 19, 2025 the best value apartment in the Cherrywood area is the $1.85 price per square foot B2 Model at Duval Villa in the in the East Austin neighborhood starting from $1,845. The second greatest value Cherrywood apartment is the North Classic Model at THE EASTWOOD starting at $1,625 with a $1.84 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$1.85
THE EASTWOODNorth Classic2BR,2BA$1.84
The Abali ApartmentsC12BR,1.5BA$1.67
Casa Del Rio ApartmentsB12BR,1BA$1.51
La Casita2BR/1.0BA2BR,1BA$1.31
M StationA11BR,1BA$1.49
Urban VillasOne Bedroom One Bath1BR,1BA$1.59
Volume 7Vol 7 - 1 Bedroom 1 Bathroom1BR,1BA$2.01
Swisher Apartments1BR/1.0BA1BR,1BA$1.81
Volume 4Vol 4 - 1 Bedroom 1 Bathroom1BR,1BA$2.12

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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Pet Friendly Lifestyle
Cherrywood, Austin, TX

Ranked #106

Among cities in Texas 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 $1,100.

What is the price of a cheap apartment in Cherrywood?

The cheapest apartment in Cherrywood is La Casita which is listed at $799, while the average apartment in Cherrywood costs $18,900.

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 85 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 $447 which is $18,453 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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.