1013 E 3rd St
AustinTX78702
Cheap Homes for Rent in Downtown Austin Neighborhood of Austin, TX from $1,000 (33 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Austin area of Austin.
2110 Rio Grande St
AustinTX78705
1905 San Gabriel St
AustinTX78705
1907 Pearl St
AustinTX78705
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1111 W 10th St
AustinTX78703
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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.
1800 Lavaca St
AustinTX78701
502 W 17th St
AustinTX78701
201 Academy Dr
AustinTX78704
1202 Newning Ave
AustinTX78704
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$1,501Studio Apartments Available Now
Furnished Studio-Austin - Downtown - Town
507 S 1st StAustin, TX 78704
1908 San Antonio St
AustinTX78705
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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.
810 E 9th St
AustinTX78702
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802 S 1st St
AustinTX78704
300 W 3rd St
AustinTX78703
54 Rainey St
AustinTX78701
603 Davis St
AustinTX78701
1808 Rio Grande 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.
711 W 21st St
AustinTX78705
112 San Antonio St
AustinTX78701
702 E 11th St
AustinTX78701
1705 West Ave
AustinTX78701
302 N Lamar Blvd
AustinTX78703
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1801 Nueces St
AustinTX78701
Cash 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.
312 Bowie St
AustinTX78703
Showing Results 1-33, 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 | $4,287 | $1,195 | $10,000+ |
| Downtown Austin 3 Bedroom Homes for Rent | $6,978 | $1,900 | $10,000+ |
| Downtown Austin 4 Bedroom Homes for Rent | $5,435 | $2,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 33 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Timbercreek Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $789. Here are the most affordable Downtown Austin apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Rebekah | Studio | Studio,1BA | $702 |
| Timbercreek Apartments | B1 Affordable | 2BR,1BA | $789 |
| 1400 Rio Grande Apartments | efficiency | Studio,1BA | $1,050 |
| Placemakr Downtown Austin | S4 | Studio,1BA | $1,161 |
| SoCo on the Lake | 1A | 1BR,1BA | $1,167 |
| Residences at Saltillo | E1 - SMART | Studio,1BA | $1,171 |
| Rio House Apartments | 1 Bedroom | 1BR,1BA | $1,200 |
| Crescent | E1 | Studio,1BA | $1,292 |
| The Shoal | S2 | Studio,1BA | $1,301 |
| Regency - Fabulous landmark Downtown Austin property | 2 Bedroom/1 Bath - Large (1044 sq. ft.) | 2BR,1BA | $1,325 |
Best Value Apartments for Rent in Downtown Austin, TX
As of November 11, 2025 the best value apartment in the Downtown Austin area is the $0.83 price per square foot D1 - Trinity Model at Union on San Antonio in the in the Central East Austin neighborhood starting from $1,050. The second greatest value Downtown Austin apartment is the #342 Model at Nueces Flats starting at $2,450 with a $1.97 price per square foot in the Central East Austin 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. |
|---|---|---|---|
| Union on San Antonio | D1 - Trinity | 4BR,4BA | $0.83 |
| Nueces Flats | #342 | 2BR,2BA | $1.97 |
| Regency - Fabulous landmark Downtown Austin property | 2 Bedroom/1 Bath - Small (984 sq. ft.) | 2BR,1BA | $1.37 |
| Lantana Apartments | Two-Bedroom Two-Bathroom | 2BR,2BA | $2.06 |
| The Beverly at Medical Center | A3 | 1BR,1BA | $1.97 |
| Signature 1909 | Frisco C | 2BR,2BA | $1.96 |
| Rio House Apartments | 2 Bedroom | 2BR,1BA | $1.87 |
| South Congress Square | A1 | 1BR,1BA | $2.26 |
| The Ladybird Senior Apartments - 55+ | A2.c-60% | 1BR,1BA | $2.03 |
| The Rebekah | Studio | Studio ,1BA | $1.76 |
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.
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Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 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
Read ArticleQuick 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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If you’re an expert on all things Downtown Austin, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleDowntown Austin, Austin, TX
Ranked #38
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 211 Apartments for Rent in Downtown Austin, TX with pricing that ranges from $702 to $22,510. There are also 176 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 $4,287.
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 $1,510 to $22,510, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $25,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $900.
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.
The 10 Best Affordable Neighborhoods in Austin, TX
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.