
Cheap Apartments for Rent in the Cherrywood Neighborhood of Austin, TX from $600 (75 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cherrywood area of Austin.


Casa Marfil

Total Monthly Price
Volume

Room in Shared 5 bed/2.5 bath home, Unit B

Room in Shared 5 bed/2 bath home, Unit C

4105 Speedway

Miller Square & Spanish Trails

La Casita

924 E Dean Keeton St

Room in Shared 5 bed/2 bath home, Unit B
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Azulina Gardens

Room in Shared 5 bed/2 bath home, Unit A

The Rail

Aldrich 51

926 E Dean Keeton St

Room in Shared 5 bed/2.5 bath home, Unit A

Manor Flats

1903 E 20th St

Eastwood Apartments

The Hive Red River
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.

4611 N Interstate 35 Frontage Rd

3304 Red River St

MLK Highline

Total Monthly Price
Overture Mueller

M Station

Bridge at the Blockyard

Total Monthly Price
Starlight

1037 E 44th St

1807 Walnut Ave

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.

1230 E 38th 1/2 St, Unit SI FL2-ID307

1230 E 38th 1/2 St, Unit SI FL1-ID278

1230 E 38th 1/2 St, Unit SI FL1-ID279

SYNC at Mueller

1230 E 38th 1/2 St, Unit SI FL2-ID306

Total Monthly Price
Rivette Tower

Sabina

Plaza Sonora

Marq Uptown

Volume 1
The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX
Moving to Austin? Get an insider’s guide to managing costs in the Music Capitol. Discover which affordable ATX neighborhoods fit your budget and lifestyle.

Z - Nellie

The Abali Apartments

Tanglewood North Apartments

Volume 3

Volume 4

Urban Villas

Red River Place

The Avalon Apartments

Volume 5

Swisher Apartments
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.
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 | $1,374 | $655 | $2,571 |
| Cherrywood 1 Bedroom Apartments | $1,885 | $699 | $5,543 |
| Cherrywood 2 Bedroom Apartments | $2,307 | $799 | $6,465 |
| Cherrywood 3 Bedroom Apartments | $2,491 | $960 | $5,231 |
| Cherrywood 4 Bedroom Apartments | $1,567 | $1,065 | $2,070 |
Browse Apartments in this Neighborhood
There are currently 75 rentals with your search options within a 1 mile radius of the Cherrywood Neighborhood of Austin, TX.
See all Apartments in AustinExplore Austin
Cheapest Available Cherrywood Apartments for Rent
 The cheapest available apartment rental in the Cherrywood area of Austin, TX is a Studio unit found at Casa Marfil priced from $699. 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 |
|---|---|---|---|
| Casa Marfil | Studio | Studio,1BA | $699 |
| Volume 1 | Vol 1 - Studio | Studio,1BA | $749 |
| Volume | Vol 1 - Studio | Studio,1BA | $767 |
| The Abali Apartments | A1 | Studio,1BA | $769 |
| Miller Square & Spanish Trails | E1 - Designer - Miller Square | Studio,1BA | $799 |
| La Casita | REMODELED 2x1 | 2BR,1BA | $799 |
| Volume 4 | Vol 4 - Studio | Studio,1BA | $824 |
| Azulina Gardens | 1/1 | 1BR,1BA | $824 |
| Volume 3 | Vol 3 - Studio | Studio,1BA | $824 |
| Aldrich 51 | E2-60% | Studio,1BA | $900 |
Best Value Apartments for Rent in Cherrywood, TX
As of April 23, 2026 the best value apartment in the Cherrywood area is the $1.54 price per square foot B2 Model at Duval Villa in the in the East Austin neighborhood starting from $1,538. 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 | $1.54 |
| M Station | B2 | 2BR,2BA | $1.20 |
| Urban Villas | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.17 |
| Plaza Sonora | 2/1 | 2BR,1BA | $1.69 |
| Manor Flats | Two Bedroom | 2BR,1BA | $1.56 |
| La Casita | 2BR/1.0BA | 2BR,1BA | $1.25 |
| The Abali Apartments | A1 | Studio ,1BA | $1.39 |
| Volume 5 | Vol 5 - 1 Bedroom 1 Bathroom | 1BR,1BA | $1.73 |
| Aldrich 51 | E2-60% | Studio ,1BA | $1.68 |
| Casa Marfil | Studio | Studio ,1BA | $1.75 |
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 $900.
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 $3,300.
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 79 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 $916 which is $2,384 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

The 10 Best Affordable Neighborhoods in Austin, TX
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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.

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.

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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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