Cheap Homes for Rent in Downtown Austin Neighborhood of Austin, TX from $800 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Downtown Austin area of Austin.

property at 1800 Lavaca St

1800 Lavaca St

AustinTX78701
property at 810 E 9th St

810 E 9th St

AustinTX78702
property at 1202 Newning Ave

1202 Newning Ave

AustinTX78704
property at 802 S 1st St

802 S 1st St

AustinTX78704
property at 300 W 3rd St

300 W 3rd St

AustinTX78703
property at 54 Rainey St

54 Rainey St

AustinTX78701
property at 603 Davis St

603 Davis St

AustinTX78701

Downtown Austin, Austin, TX Local Guide

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 $699. Regency - Fabulous landmark Downtown Austin property has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Downtown Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
The RebekahStudioStudio,1BA$699
Regency - Fabulous landmark Downtown Austin property1 Bedroom/1 Bath (696 sq. ft.)1BR,1BA$995
1400 Rio Grande ApartmentsefficiencyStudio,1BA$1,050
Rio House Apartments1 Bedroom1BR,1BA$1,200
Diplomat Apartments1BR/1BA Full Unit1BR,1BA$1,250

Best Value Apartments for Rent in Downtown Austin, TX

As of September 16, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Union on San AntonioD1 - Trinity4BR,4BA$0.83
Nueces Flats#3422BR,2BA$1.97
South Congress SquareB12BR,1BA$1.98
Lantana ApartmentsTwo-Bedroom Two-Bathroom2BR,2BA$2.06
SoCo on the Lake1E1BR,1BA$2.17
Rio House Apartments2 Bedroom2BR,1BA$1.87
Signature 1909Frisco A2BR,2BA$2.15
Regency - Fabulous landmark Downtown Austin property1 Bedroom/1 Bath (696 sq. ft.)1BR,1BA$1.43
Diplomat Apartments1BR/1BA Full Unit1BR,1BA$2.08
The RebekahStudioStudio ,1BA$1.75

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Austin, Austin, TX

Ranked #35

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Downtown Austin

What type of rentals are currently available in Downtown Austin?

There are currently 205 Apartments for Rent in Downtown Austin, TX with pricing that ranges from $699 to $22,510. There are also 139 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Austin ranging from $895 to $15,000.

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 $895 to $15,000 with an average monthly rent of $4,341.

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 $2,100 to $22,510, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $10,000. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $1,000.

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 The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.