
Cheap Apartments for Rent in the Cherrywood Neighborhood of Austin, TX from $600 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cherrywood area of Austin.


The Rail

Room in Shared 5 bed/2.5 bath home

Casa Marfil

Miller Square & Spanish Trails

La Casita

4105 Speedway

924 E Dean Keeton St

Azulina Gardens

Plaza Sonora
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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.

1903 E 20th St

Aldrich 51

Room in Shared 5 bed/2.5 bath home

2800 Swisher St

926 E Dean Keeton St

Room in Shared 5 bed/2 bath home

Manor Flats

4611 N Interstate 35 Frontage Rd

Seabrook Square

Total Monthly Price
Platform
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.

M Station

Total Monthly Price
Overture Mueller

Bridge at the Blockyard

Total Monthly Price
Starlight

1037 E 44th St

The Hive Red River

1807 Walnut Ave

1230 E 38th 1/2 St

MLK Highline

SYNC at Mueller
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.

1230 E 38th 1/2 St

3212 Red River St

Total Monthly Price
Rivette Tower

Sabina

4508 Bennett Ave

1036 E 43rd St

902 1/2 E 43rd St

Marq Uptown

THE EASTWOOD

Volume 2
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.

Volume 1

Z - Nellie

The Abali Apartments

Tanglewood North Apartments

Volume 3

Volume 4

2706 Cole St

Urban Villas

3703 Harmon Ave

Red River Place
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.
Cherrywood, Austin, TX Local Guide

How much does it cost to rent an apartment in Cherrywood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cherrywood Studio Apartments | $1,490 | $693 | $2,872 |
| Cherrywood 1 Bedroom Apartments | $1,862 | $799 | $10,000+ |
| Cherrywood 2 Bedroom Apartments | $2,366 | $799 | $5,621 |
| Cherrywood 3 Bedroom Apartments | $2,538 | $1,044 | $5,231 |
| Cherrywood 4 Bedroom Apartments | $3,208 | $2,329 | $4,500 |
Browse Apartments in this Neighborhood
There are currently 72 rentals with your search options within a 1 mile radius of the Cherrywood Neighborhood of Austin, TX.
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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 $749. Volume 1 has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Cherrywood apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Volume 2 | Vol 1 - Studio | Studio,1BA | $749 |
| Volume 1 | Vol 1 - Studio | Studio,1BA | $749 |
| Casa Marfil | Studio | Studio,1BA | $775 |
| Miller Square & Spanish Trails | E1 - Designer - Miller Square | Studio,1BA | $799 |
| La Casita | REMODELED 2x1 | 2BR,1BA | $799 |
| Azulina Gardens | 1/1 | 1BR,1BA | $824 |
| Volume 3 | Vol 3 - Studio | Studio,1BA | $824 |
| Volume 4 | Vol 4 - Studio | Studio,1BA | $824 |
| Urban Villas | Two Bedroom One Bath | 2BR,1BA | $850 |
| The Rail | E2 | Studio,1BA | $866 |
Best Value Apartments for Rent in Cherrywood, TX
As of March 07, 2026 the best value apartment in the Cherrywood area is the $1.58 price per square foot B2 Model at Duval Villa in the in the East Austin neighborhood starting from $1,574. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Duval Villa | B2 | 2BR,2BA | $1.58 |
| M Station | B2 | 2BR,2BA | $1.20 |
| The Abali Apartments | C1 | 2BR,1.5BA | $1.41 |
| La Casita | 2BR/1.0BA | 2BR,1BA | $1.25 |
| Manor Flats | Two Bedroom | 2BR,1BA | $1.56 |
| River Oaks | rroA1 | 1BR,1BA | $1.82 |
| Urban Villas | One Bedroom One Bath | 1BR,1BA | $1.59 |
| Volume 7 | Vol 7 - 1 Bedroom 1 Bathroom | 1BR,1BA | $1.63 |
| Volume 8 | Vol 8 - 1 Bedroom 1 Bathroom | 1BR,1BA | $1.73 |
| Aldrich 51 | E2-60% | Studio ,1BA | $1.68 |
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 $866.
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 $9,600.
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 93 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 $822 which is $8,778 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

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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.

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Renting your next home can feel thrilling and overwhelming at the same time.

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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.