2210 Rio Grande St
AustinTX78705
Cheap Homes for Rent in Downtown Austin Neighborhood of Austin, TX from $1,000 (34 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Austin area of Austin.
1905 San Gabriel St
AustinTX78705
103 S 1st St
AustinTX78704
802 S 1st St
AustinTX78704
1111 W 10th St
AustinTX78703
1800 Lavaca St
AustinTX78701
1013 E 3rd St
AustinTX78702
201 Academy Dr, Unit 203
201 Academy Dr
AustinTX78704
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.
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$1,499Studio Apartments Available Now
Furnished Studio-Austin - Downtown - Town Lake
507 S 1st StAustin, TX 78704
1212 Guadalupe St
AustinTX78701
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$1,5401 Bedroom Apartments Available Dec 13
301 E 4th St
301 E 4th StAustin, TX 78701
620 S 1st St
AustinTX78704
502 W 17th St
AustinTX78701
1808 Rio Grande St
AustinTX78701
711 W 21st St
AustinTX78705
708 W 8th St
AustinTX78701
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.
807 E 14th St
AustinTX78702
2110 Rio Grande, Unit 206
2110 Rio Grande
AustinTX78705
1202 Newning Ave
AustinTX78704
1908 San Antonio St
AustinTX78705
1208 E 2nd St
AustinTX78702
500 E Riverside Dr
AustinTX78704
1908 San Antonio St
AustinTX78705
1208 Enfield Rd
AustinTX78703
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.
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$1,9101 Bedroom Apartments Available Jul 2, 2029
1401 Art Dilly Dr.
1401 Art Dilly Dr.Austin, TX 78702
712 W 21st St
AustinTX78705
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$1,9701 Bedroom Apartments Available Jul 2, 2029
1401 Art Dilly Dr.
1401 Art Dilly Dr.Austin, TX 78702
800 Embassy Dr
AustinTX78702
49 Navasota St
AustinTX78702
505 W 7th St
AustinTX78701
1212 Castle Hill St
AustinTX78703
800 Brazos St
AustinTX78701
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.
1405 Waller St
AustinTX78702
2110 Rio Grande St
AustinTX78705
Showing Results 1-34, Page 1 of 1
Downtown Austin, Austin, TX Local Guide
How much does it cost to rent a home in Downtown Austin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Austin 2 Bedroom Homes for Rent | $3,503 | $1,000 | $10,000+ |
| Downtown Austin 3 Bedroom Homes for Rent | $6,891 | $2,100 | $10,000+ |
| Downtown Austin 4 Bedroom Homes for Rent | $6,048 | $3,995 | $10,000+ |
| Downtown Austin 5 Bedroom Homes for Rent | $15,750 | $6,500 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Downtown Austin Neighborhood of Austin, TX.
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Downtown Austin, Austin, TX Local Guide
- Nearby Austin neighborhoods
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- Local Counties
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Cheapest Available Downtown Austin Apartments for Rent
The cheapest available apartment rental in the Downtown Austin area of Austin, TX is a Studio unit found at The Rebekah priced from $702. Regency North Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,039. Here are the most affordable Downtown Austin apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Rebekah | T1- 30% | Studio,1BA | $702 |
| Regency North Apartments | 1 Bedroom/1 Bath (696 sq. ft.) | 1BR,1BA | $1,039 |
| 1400 Rio Grande Apartments | efficiency | Studio,1BA | $1,050 |
| The Lady Bird | A2.c-60% | 1BR,1BA | $1,100 |
| Placemakr Downtown Austin | S1 | Studio,1BA | $1,128 |
| Residences at Saltillo | E1 - SMART | Studio,1BA | $1,171 |
| Rio House Apartments | 1 Bedroom | 1BR,1BA | $1,200 |
| Corazon | e1-Studio-Affordable | Studio,1BA | $1,207 |
| South Congress Square | A1 | 1BR,1BA | $1,235 |
| Timbercreek Apartments | A2 Affordable | 1BR,1BA | $1,278 |
Best Value Apartments for Rent in Downtown Austin, TX
As of April 06, 2026 the best value apartment in the Downtown Austin area is the $1.97 price per square foot #442 Model at Nueces Flats in the in the Central East Austin neighborhood starting from $2,450. The second greatest value Downtown Austin apartment is the B1.d-80% Model at The Lady Bird starting at $1,900 with a $1.67 price per square foot in the Town Lake neighborhood. Here is today’s list of the best values for Downtown Austin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Nueces Flats | #442 | 2BR,2BA | $1.97 |
| The Lady Bird | B1.d-80% | 2BR,2BA | $1.67 |
| The Willows | wilB2 | 2BR,1BA | $1.67 |
| Lantana Apartments | Two-Bedroom Two-Bathroom | 2BR,2BA | $2.06 |
| Signature 1909 | Frisco C | 2BR,2BA | $1.96 |
| Rio House Apartments | 2 Bedroom | 2BR,1BA | $1.87 |
| South Congress Square | A1 | 1BR,1BA | $1.73 |
| Regency North Apartments | 1 Bedroom/1 Bath (696 sq. ft.) | 1BR,1BA | $1.49 |
| Timbercreek Apartments | A2 Affordable | 1BR,1BA | $2.25 |
| The Rebekah | T1- 30% | Studio ,1BA | $1.40 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers
The Austin job market is booming, but where should you live? Discover the most affordable and charming neighborhoods that put you minutes from Dell Seton, IBM, and Dell.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleLocal Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Austin, TX metro area for affordable living. Find your perfect Austin Student apartment, condo, or rental home today at ApartmentHomeliving.com
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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 LifestyleDowntown Austin, Austin, TX
Ranked #39
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Austin
What type of rentals are currently available in Downtown Austin?
There are currently 210 Apartments for Rent in Downtown Austin, TX with pricing that ranges from $702 to $26,859. There are also 139 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Austin ranging from $1,000 to $25,000.
What is the current price range for Rental Homes in Downtown Austin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Austin ranges from $1,000 to $25,000 with an average monthly rent of $6,048.
How much are larger Three and Four Bedroom Rentals in Downtown Austin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Austin range from $1,545 to $26,363, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $22,500. Four Bedroom Single-Family rentals are also available starting from $3,995 and Four Bedroom Apartments start at $900.
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
Written by: Raul Mercado
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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
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.