
Cheap Apartments for Rent in the Cherrywood Neighborhood of Austin, TX from $600 (84 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cherrywood area of Austin.


Room in Shared 5 bed/2.5 bath home

The Rail

Seabrook Square

Room in Shared 5 bed/2.5 bath home

La Casita

2900 Cole St

Miller Square & Spanish Trails

4103 Speedway

4105 Speedway
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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.

924 E Dean Keeton St

Azulina Gardens

Casa Marfil

3304 Red River St

Plaza Sonora

1903 E 20th St

Aldrich 51

Room in Shared 5 bed/2 bath home

2800 Swisher St

926 E Dean Keeton St
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.

Manor Flats

Urban Villas

THE EASTWOOD

Starlight

4010 Speedway

Overture Mueller

M Station

1230 E 38th 1/2 St

1037 E 44th St

Rivette Tower
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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.

Platform

MLK Highline

3212 Red River St

Sabina

4611 N Interstate 35 Frontage Rd

Marq Uptown

Aura Thirty2

1036 E 43rd St

SYNC at Mueller

The Emma Browning
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.

Mosaic at Mueller

1915 E Martin Luther King Jr Blvd

The Blockyard

The Abali Apartments

Z - Nellie

Volume 1

Volume 2

Volume 3

Tanglewood North Apartments

Volume 4
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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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 | $1,469 | $693 | $3,568 |
| Cherrywood 1 Bedroom Apartments | $1,795 | $753 | $6,485 |
| Cherrywood 2 Bedroom Apartments | $2,074 | $799 | $5,255 |
| Cherrywood 3 Bedroom Apartments | $2,818 | $1,044 | $7,208 |
| Cherrywood 4 Bedroom Apartments | $3,670 | $1,164 | $7,000 |
Browse Apartments in this Neighborhood
There are currently 84 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Abali Apartments | B1 | 1BR,1BA | $625 |
| Volume 1 | Vol 1 - Studio | Studio,1BA | $774 |
| Volume 2 | Vol 1 - Studio | Studio,1BA | $774 |
| Volume 3 | Vol 3 - Studio | Studio,1BA | $799 |
| 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 4 | Vol 4 - Studio | Studio,1BA | $824 |
| Casa Marfil | Studio | Studio,1BA | $831 |
| Plaza Sonora | 1/1 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Duval Villa | B2 | 2BR,2BA | $1.73 |
| M Station | B2 | 2BR,2BA | $1.20 |
| The Abali Apartments | C1 | 2BR,1.5BA | $1.53 |
| Volume 8 | Vol 8 - 2 Bedroom 1 Bathroom | 2BR,1BA | $1.30 |
| La Casita | 2BR/1.0BA | 2BR,1BA | $1.25 |
| Manor Flats | Two Bedroom | 2BR,1BA | $1.56 |
| Urban Villas | One Bedroom One Bath | 1BR,1BA | $1.59 |
| Volume 7 | Vol 7 - 1 Bedroom 1 Bathroom | 1BR,1BA | $1.51 |
| Aldrich 51 | E2-60% | Studio ,1BA | $1.68 |
| Azulina Gardens | 1/1 | 1BR,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

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I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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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.

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

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.

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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.

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Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!