Cheap Apartments for Rent in the Cherrywood Neighborhood of Austin, TX from $600 (84 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 4105 Speedway

$799

Studio To 1 Bedroom Rentals

Available Now

4105 Speedway

AustinTX78751

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.

property at 1903 E 20th St

$895 - $1,075

1 Bedroom Rentals

Available Now

1903 E 20th St

AustinTX78722

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.

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.

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

close
View Me
The Abali Apartments
Studio to 3 Bedroom Apartments

The Abali Apartments

4611 N IH 35 SVRD NBAustin, TX 78722
  • Utilities Included
close
View Me
Z - Nellie
Studio to 2 Bedroom Apartments

Z - Nellie

3300 Manor RdAustin, TX 78723
close
View Me
Volume 1
Studio Apartments

Volume 1

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

Volume 2

2604 Manor RdAustin, TX 78722
close
View Me
Volume 3
Studio Apartments

Volume 3

2704 Manor RdAustin, TX 78722
close
View Me
Volume 4
Studio to 1 Bedroom Apartments

Volume 4

2703-2709 Manor RdAustin, TX 78722

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.

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 The Abali Apartments priced from $625. Volume 1 has the second lowest priced unit, which is a Studio apartment currently listed from $774. Here are the most affordable Cherrywood apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
The Abali ApartmentsB11BR,1BA$625
Volume 1Vol 1 - StudioStudio,1BA$774
Volume 2Vol 1 - StudioStudio,1BA$774
Volume 3Vol 3 - StudioStudio,1BA$799
Miller Square & Spanish TrailsE1 - Designer - Miller SquareStudio,1BA$799
La CasitaREMODELED 2x12BR,1BA$799
Azulina Gardens1/11BR,1BA$824
Volume 4Vol 4 - StudioStudio,1BA$824
Casa MarfilStudioStudio,1BA$831
Plaza Sonora1/11BR,1BA$888

Best Value Apartments for Rent in Cherrywood, TX

As of January 09, 2026 the best value apartment in the Cherrywood area is the $1.73 price per square foot B2 Model at Duval Villa in the in the East Austin neighborhood starting from $1,724. The second greatest value Cherrywood apartment is the B2 Model at M Station starting at $1,166 with a $1.20 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$1.73
M StationB22BR,2BA$1.20
The Abali ApartmentsC12BR,1.5BA$1.53
Volume 8Vol 8 - 2 Bedroom 1 Bathroom2BR,1BA$1.30
La Casita2BR/1.0BA2BR,1BA$1.25
Manor FlatsTwo Bedroom2BR,1BA$1.56
Urban VillasOne Bedroom One Bath1BR,1BA$1.59
Volume 7Vol 7 - 1 Bedroom 1 Bathroom1BR,1BA$1.51
Aldrich 51E2-60%Studio ,1BA$1.68
Azulina Gardens1/11BR,1BA$1.83

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 $888.

What is the price of a cheap apartment in Cherrywood?

The cheapest apartment in Cherrywood is The Abali Apartments which is listed at $625, while the average apartment in Cherrywood costs $8,500.

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 99 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 $830 which is $7,670 cheaper than the average rent for all rentals in Cherrywood.

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.

Helpful Local Expert Guides

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 Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin article

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin

Written by: Raul Mercado

For many people the College years are some of the best years of your life. And you can certainly make the most of those years by finding the perfect place around your campus to call home.

decorative image for Beyond "Keep Austin Weird": Your Insiders Ultimate Guide to Renting and Living in Austin, Texas article

Beyond "Keep Austin Weird": Your Insiders Ultimate Guide to Renting and Living in Austin, Texas

Written by: Raul Mercado

Hi, I’m Raul, the ApartmentHomeLiving.com Local Guide for Austin. I’ve called the area home long enough to know all the shortcuts and best places to check out and am happy to share them with you today.

decorative image for Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers article

Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers

Written by: Raul Mercado

Hello! I’m Raul, your ApartmentHomeLiving.com local expert for Austin, Texas. I’ve spent years exploring Austin’s neighborhoods throughout my time living in this great city in different apartments and homes.

Articles, How-To's, and Tips

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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!