Cheap Apartments for Rent in the Chestnut Neighborhood of Austin, TX from $500 (206 Rentals)

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

property at 400 W 34th St

400 W 34th St

AustinTX78705

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

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property at 3816 Speedway

3816 Speedway

AustinTX78751

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

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property at 311 E 31st St

311 E 31st St

AustinTX78705
property at 4105 Speedway

4105 Speedway

AustinTX78751

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 2900 Cole St

2900 Cole St

AustinTX78705

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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Austin's Best Affordable Neighborhoods

Learn about Austin and the best places to live with original content written by our Austin, TX Local Expert Raul Mercado

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Showing Results 1-50, Page 1 of 5

Chestnut, Austin, TX Local Guide

Cheapest Available Chestnut Apartments for Rent

 

The cheapest available apartment rental in the Chestnut area of Austin, TX is a Studio unit found at Volume 2 priced from $799. Volume 1 has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Chestnut apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Volume 2Vol 1 - StudioStudio,1BA$799
Volume 1Vol 1 - StudioStudio,1BA$799
The Abali ApartmentsA1Studio,1BA$900
La Casita1BR/1.0BA1BR,1BA$900
Los Portales de Lena GuerreroThe Oak1BR,1BA$950
Swisher ApartmentsUpdated North Campus One Bedroom1BR,1BA$950
Villas on RioB5-SHARED2BR,2BA$959
Mauna Kai AustinModel A/BStudio,1BA$975
Volume 7Vol 7 - 1 Bedroom 1 Bathroom1BR,1BA$994
Nova HouseA11BR,1BA$995

Best Value Apartments for Rent in Chestnut, TX

As of May 23, 2025 the best value apartment in the Chestnut area is the $0.81 price per square foot 6 Bed, 6 Bath Plus Model at Yugo Austin Waterloo in the in the Central East Austin neighborhood starting from $1,369. The second greatest value Chestnut apartment is the 4 Bed, 4 Bath Deluxe Model at Yugo Austin Rio starting at $1,399 with a $0.88 price per square foot in the Central East Austin neighborhood. Here is today’s list of the best values for Chestnut apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Yugo Austin Waterloo6 Bed, 6 Bath Plus6BR,6BA$0.81
Yugo Austin Rio4 Bed, 4 Bath Deluxe4BR,4BA$0.88
Point North Student LivingD14BR,4BA$0.94
Springdale Estates Apartments3 Bedroom Townhome3BR,2BA$1.50
The Studio at ThinkEastTwo Bedroom / Two bath2BR,2BA$1.04
Venue on GuadalupeB72BR,2BA$1.04
Sparq on RioSan Antonio2BR,2BA$1.55
Volume 8Vol 8 - 2 Bedroom 1 Bathroom2BR,1BA$1.47
The Jordan at MuellerOne Bedrooms1BR,1BA$1.39
M StationA11BR,1BA$1.49

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
Chestnut, Austin, TX

Ranked #16

Among neighborhoods in Austin, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Chestnut, Austin, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Texas, including Austin. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Chestnut Neighborhood in Austin, TX

Walk Score®

82 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

90 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

55 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Chestnut Apartments

What is a cheap apartment in Chestnut?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chestnut is under $995.

What is the price of a cheap apartment in Chestnut?

The cheapest apartment in Chestnut is La Casita which is listed at $900, while the average apartment in Chestnut costs $14,000.

What types of apartments are the cheapest in Chestnut?

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 274 regular apartments in Chestnut 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 Chestnut?

Cheap apartments in Chestnut have an average cost of $726 which is $13,274 cheaper than the average rent for all rentals in Chestnut.

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.

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 Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.