
Cheap 1 Bedroom Apartments for Rent in the Downtown Neighborhood of Austin, TX from $1,200 (55 Rentals) Page 2 of 2


Hanover Brazos Street
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1306 West Ave

300 Bowie St
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800 Embassy Dr
Downtown, Austin, TX Local Guide

How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,942 | $995 | $3,220 |
Downtown 1 Bedroom Apartments | $3,181 | $1,200 | $10,000+ |
| Downtown 2 Bedroom Apartments | $4,757 | $750 | $10,000+ |
| Downtown 3 Bedroom Apartments | $8,013 | $950 | $10,000+ |
| Downtown 4 Bedroom Apartments | $1,443 | $899 | $1,690 |
Explore Austin
Frequently Asked Questions about Cheap Downtown Apartments
What is a cheap apartment in Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $1,475.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Rio House Apartments which is listed at $1,200, while the average apartment in Downtown costs $8,382.
What types of apartments are the cheapest in Downtown?
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 24 regular apartments in Downtown 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?
Cheap apartments in Downtown have an average cost of $653 which is $7,729 cheaper than the average rent for all rentals in Downtown.
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