close
View Me
$629 - $1,701Studio to 3 Bedroom Apartments Contact Us For Availability
Talavera Lofts
413 Navasota StAustin, TX 78702
Cheap Apartments for Rent in the Downtown Neighborhood of Austin, TX from $600 (68 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Austin.
1108 Nueces St
AustinTX78701
1902 Nueces St
AustinTX78705
1906 San Gabriel St
AustinTX78705
515 Shoal Creek Blvd
AustinTX78757
2210 Rio Grande St
AustinTX78705
1907 Robbins Pl
AustinTX78705
1600 West Ave
AustinTX78701
601 W 11th St
AustinTX78701
close
View Me
$1,050 - $2,100Studio to 3 Bedroom Apartments Available Now
1400 Rio Grande Apartments
1400 Rio Grande StAustin, TX 78701
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.
close
View Me
$1,128 - $3,161Studio to 2 Bedroom Apartments Available Now
Placemakr Downtown Austin
710 E 3rd StAustin, TX 78701
close
View Me
Rent Specials
$1,150Studio Apartments Available Aug 14
West Campus Flats
2102-2106 San Gabriel StAustin, TX 78705
close
View Me
Rent Specials
$1,171 - $6,788
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,125 - $6,742
Required Monthly Fees
$46
Total Monthly Price
$1,171 - $6,788
Residences at Saltillo
1211 E 5th StAustin, TX 78702
close
View Me
$1,200 - $1,8001 to 2 Bedroom Apartments Available Soon
Rio House Apartments
606 W 17th StAustin, TX 78701
close
View Me
Rent Specials
$1,202 - $3,937
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,178 - $3,913
Required Monthly Fees
$24
Total Monthly Price
$1,202 - $3,937
SoCo on the Lake
222 E Riverside DrAustin, TX 78704
close
View Me
Rent Specials
$1,207 - $3,153
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,045 - $2,991
Required Monthly Fees
Varies
Total Monthly Price
Varies
Corazon
1000 E 5th StAustin, TX 78702
1910 Robbins Pl
AustinTX78705
close
View Me
Rent Specials
$1,350 - $1,7501 to 2 Bedroom Apartments Available Aug 14
Diplomat Apartments
1911 San Gabriel StAustin, TX 78705
close
View Me
Rent Specials
$1,383 - $4,627Studio to 2 Bedroom Apartments Available Now
The Shoal
827 W 12th StAustin, TX 78701
close
View Me
$1,499Studio Apartments Available Now
Furnished Studio-Austin - Downtown - Town Lake
507 S 1st StAustin, TX 78704
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.
close
View Me
$1,5401 Bedroom Apartments Available Dec 13
301 E 4th St
301 E 4th StAustin, TX 78701
1401 E 4th St
AustinTX78702
close
View Me
Rent Specials
$1,600 - $1,8002 Bedroom Apartments Available Now
Lantana Apartments
1802 West AveAustin, TX 78701
close
View Me
Rent Specials
$1,607 - $3,507
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,495 - $3,395
Required Monthly Fees
Varies
Total Monthly Price
Varies
Railyard
201-301 E 4th St EAustin, TX 78701
close
View Me
Rent Specials
$1,632 - $7,980
Total Monthly Price
Studio to 3 Bedroom Apartments Available Apr 30Total Monthly Price
Base Rent
$1,590 - $7,938
Required Monthly Fees
$42
Total Monthly Price
$1,632 - $7,980
Cole Apartments
300 S Lamar BlvdAustin, TX 78704
close
View Me
Rent Specials
$1,642 - $17,999
Total Monthly Price
Studio to 3 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,097 - $17,454
Required Monthly Fees
$545
Total Monthly Price
$1,642 - $17,999
Alexan Waterloo
700 E 11th StAustin, TX 78701
708 W 8th St
AustinTX78701
807 E 14th St
AustinTX78702
close
View Me
$1,699 - $2,2491 to 2 Bedroom Apartments Available Now
Park Terrace Apartments
516 Dawson RdAustin, TX 78704
2110 Rio Grande, Unit 206
2110 Rio Grande
AustinTX78705
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.
close
View Me
Rent Specials
$1,706 - $5,1081 to 2 Bedroom Apartments Available Now
AMLI Eastside
1000-1004 San Marcos StAustin, TX 78702
close
View Me
$1,769 - $4,569Studio to 3 Bedroom Apartment Available Now
1309 Sabine St
1309 Sabine StAustin, TX 78701
close
View Me
Rent Specials
$1,780 - $10,230
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,780 - $10,230
Total Monthly Price
$1,780 - $10,230
The Waller
1104 Sabine StAustin, TX 78701
close
View Me
Rent Specials
$1,785 - $5,075
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,740 - $5,030
Required Monthly Fees
$45
Total Monthly Price
$1,785 - $5,075
SkyHouse Austin
51 Rainey StAustin, TX 78701
1105 E 6th St
AustinTX78702
close
View Me
1 to 4 Bedroom Apartments
Pathways at Chalmers Courts West
1604 E 3rd StAustin, TX 78702
close
View Me
1 to 2 Bedroom Apartments
Regency North Apartments
601 W 11th StAustin, TX 78701
1905 San Gabriel St
AustinTX78705
808 Winflo Dr
AustinTX78703
close
View Me
1 to 3 Bedroom Apartments
Penthouse
1801 Rio Grande StAustin, TX 78701
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.
close
View Me
Studio to 2 Bedroom Apartments
Eleven by Windsor
811 E 11th StAustin, TX 78702
close
View Me
Studio to 2 Bedroom Apartments
24 Flats
1515 Palma PlzAustin, TX 78703
103 S 1st St
AustinTX78704
close
View Me
Studio Apartments
Winflo
808 Winflo DrAustin, TX 78703
close
View Me
1 to 2 Bedroom Apartments
Eden Roc
1204 Elm StAustin, TX 78703
close
View Me
1 to 2 Bedroom Apartments
South Congress Square
500 S Congress AveAustin, TX 78704
close
View Me
Studio to 4 Bedroom Apartments
Timbercreek Apartments
614 S 1st StAustin, TX 78704
1800 Lavaca St
AustinTX78701
close
View Me
Studio to 2 Bedroom Apartments
The Willows
600 S 1st StAustin, TX 78704
1111 W 10th St
AustinTX78703
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.
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 | $1,901 | $629 | $3,300 |
| Downtown 1 Bedroom Apartments | $2,956 | $995 | $10,000+ |
| Downtown 2 Bedroom Apartments | $4,332 | $750 | $10,000+ |
| Downtown 3 Bedroom Apartments | $6,696 | $950 | $10,000+ |
| Downtown 4 Bedroom Apartments | $1,410 | $899 | $1,690 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 68 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Austin, TX.
See all Apartments in AustinExplore Austin
Downtown, Austin, TX Local Guide
- Nearby Austin neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of Austin, TX is a 1 Bed unit found at Regency North Apartments priced from $1,039. 1400 Rio Grande Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Downtown apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Regency North Apartments | 1 Bedroom/1 Bath (696 sq. ft.) | 1BR,1BA | $1,039 |
| 1400 Rio Grande Apartments | efficiency | Studio,1BA | $1,050 |
| Placemakr Downtown Austin | S1 | Studio,1BA | $1,128 |
| Residences at Saltillo | E1 - SMART | Studio,1BA | $1,171 |
| 24 Flats | 24fEFF | Studio,1BA | $1,179 |
| 21 Pearl | 2 Bed x 2 Bath | 2BR,2BA | $1,199 |
| Rio House Apartments | 1 Bedroom | 1BR,1BA | $1,200 |
| Corazon | e1-Studio-Affordable | Studio,1BA | $1,207 |
| Timbercreek Apartments | A2 Affordable | 1BR,1BA | $1,278 |
| The Shoal | S1-C | Studio,1BA | $1,383 |
Best Value Apartments for Rent in Downtown, TX
As of April 03, 2026 the best value apartment in the Downtown 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 apartment is the wilB2 Model at The Willows starting at $1,499 with a $1.67 price per square foot in the Town Lake neighborhood. Here is today’s list of the best values for Downtown 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 Willows | wilB2 | 2BR,1BA | $1.67 |
| Lantana Apartments | Two-Bedroom Two-Bathroom | 2BR,2BA | $2.06 |
| AMLI 300 | A4 | 1BR,1BA | $2.45 |
| 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 |
| Pathways at Chalmers Courts South | 1A | 1BR,1BA | $2.11 |
| Timbercreek Apartments | A2 Affordable | 1BR,1BA | $2.25 |
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.
Read Article
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
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.
Let everyone know!
Do you know the Downtown area?
If you’re an expert on all things Downtown, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleDowntown, Austin, TX
Ranked #46
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,383.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Regency North Apartments which is listed at $1,039, while the average apartment in Downtown costs $4,824.
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 28 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 $706 which is $4,118 cheaper than the average rent for all rentals in Downtown.
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.