
Cheap Apartments for Rent in the Downtown Austin Neighborhood of Austin, TX from $700 (71 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Downtown Austin area of Austin.


Elle West Ave

1208 E 2nd St

Avenir

1908 San Antonio St

Hanover Republic Square

904 West Ave
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.

1212 Guadalupe St

Batts House Apartments

The Beverly at Medical Center

1113 E 3rd St

807 W 12th St

1208 Enfield Rd

1405 Waller St
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.

1812 West Ave

603 Davis St

Northshore Austin

Windsor on the Lake

1801 Lavaca St

1800 Lavaca St

507 Sabine St
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.
Downtown Austin, Austin, TX Local Guide

How much does it cost to rent an apartment in Downtown Austin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Austin Studio Apartments | $2,037 | $702 | $5,053 |
| Downtown Austin 1 Bedroom Apartments | $3,009 | $950 | $10,000+ |
| Downtown Austin 2 Bedroom Apartments | $4,760 | $1,353 | $10,000+ |
| Downtown Austin 3 Bedroom Apartments | $8,969 | $1,545 | $10,000+ |
| Downtown Austin 4 Bedroom Apartments | $1,494 | $1,150 | $1,690 |
Browse Apartments in this Neighborhood
There are currently 71 rentals with your search options within a 2 mile radius of the Downtown Austin Neighborhood of Austin, TX.
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Frequently Asked Questions about Cheap Downtown Austin Apartments
What is a cheap apartment in Downtown Austin?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Austin is under $1,513.
What is the price of a cheap apartment in Downtown Austin?
The cheapest apartment in Downtown Austin is The Ladybird Senior Apartments - 55+ which is listed at $1,100, while the average apartment in Downtown Austin costs $8,921.
What types of apartments are the cheapest in Downtown Austin?
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 32 regular apartments in Downtown Austin 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 Downtown Austin?
Cheap apartments in Downtown Austin have an average cost of $956 which is $7,965 cheaper than the average rent for all rentals in Downtown Austin.
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
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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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.