
Cheap Homes for Rent in Downtown Neighborhood of Austin, TX from $900 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Austin.


1905 San Gabriel St

915 W 21st

2110 Rio Grande St

1800 Lavaca St, Unit A-806

1800 Lavaca St, Unit 104
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1907 Pearl St

1303 E Cesar Chavez St

506 1/2 W 7th St

810 E 9th St
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1908 San Antonio St

915 W 21st St

54 Rainey St

603 Davis St
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300 W 3rd St

712 W 21st St

800 Embassy Dr
Downtown, Austin, TX Local Guide

How much does it cost to rent a home in Downtown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown 2 Bedroom Homes for Rent | $3,793 | $995 | $10,000+ |
Downtown 3 Bedroom Homes for Rent | $4,348 | $2,990 | $7,000 |
Downtown 4 Bedroom Homes for Rent | $5,870 | $2,750 | $10,000+ |
Downtown 5 Bedroom Homes for Rent | $8,165 | $6,000 | $9,500 |
Downtown 6 Bedroom Homes for Rent | $10,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Austin, TX.
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Downtown, Austin, TX Local Guide
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Cheapest Available Downtown Apartments for Rent
 The cheapest available apartment rental in the Downtown area of Austin, TX is a Studio unit found at West Campus Flats priced from $995. 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 apartments for rent in Austin, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
West Campus Flats | Mini Studio | Studio,1BA | $995 |
Regency - Fabulous landmark Downtown Austin property | 1 Bedroom/1 Bath (696 sq. ft.) | 1BR,1BA | $995 |
1400 Rio Grande Apartments | efficiency | Studio,1BA | $1,050 |
Talavera Lofts | E1-50% | Studio,1BA | $1,098 |
24 Flats | 24fEFF | Studio,1BA | $1,100 |
Best Value Apartments for Rent in Downtown, TX
As of August 05, 2025 the best value apartment in the Downtown area is the $2.37 price per square foot C7D Model at AMLI Eastside in the in the Town Lake neighborhood starting from $3,252. The second greatest value Downtown 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 apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
AMLI Eastside | C7D | 2BR,2BA | $2.37 |
Nueces Flats | #342 | 2BR,2BA | $1.97 |
Lantana Apartments | Two-Bedroom Two-Bathroom | 2BR,2BA | $2.06 |
SoCo on the Lake | 1E | 1BR,1BA | $2.06 |
Signature 1909 | Frisco C | 2BR,2BA | $1.69 |
Rio House Apartments | 2 Bedroom | 2BR,1BA | $1.87 |
Regency - Fabulous landmark Downtown Austin property | 1 Bedroom/1 Bath (696 sq. ft.) | 1BR,1BA | $1.86 |
The Beverly at Medical Center | A1 | 1BR,1BA | $2.45 |
Talavera Lofts | E1-60% | Studio ,1BA | $2.42 |
The Willows | PRELEASE NOW FOR SPRING 2026 wilA1 | Studio ,1BA | $2.34 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 222 Apartments for Rent in Downtown, TX with pricing that ranges from $950 to $29,970. There are also 145 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $995 to $15,000.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $995 to $15,000 with an average monthly rent of $5,232.
How much are larger Three and Four Bedroom Rentals in Downtown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $1,529 to $22,360, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,990 to $7,000. Four Bedroom Single-Family rentals are also available starting from $2,750 and Four Bedroom Apartments start at $1,010.
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
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I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
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