Cheap Apartments for Rent in the East Austin Neighborhood of Austin, TX from $500 (292 Rentals)

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Search the lowest-cost Apartments available for rent right now in the East Austin area of Austin.

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.

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property at 400 W 34th St

400 W 34th St

AustinTX78705

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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 311 E 31st St

311 E 31st St

AustinTX78705

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 4103 Speedway

4103 Speedway

AustinTX78751

Austin's Best Affordable Neighborhoods

Learn about Austin and the best places to live with original content written by our Austin, TX Local Expert Raul Mercado

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property at 2900 Cole St

2900 Cole St

AustinTX78705
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East Austin, Austin, TX Local Guide

Cheapest Available East Austin Apartments for Rent

 

The cheapest available apartment rental in the East Austin area of Austin, TX is a 1 Bed unit found at Heritage Pointe priced from $750. Sage Hill Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable East Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Heritage Pointe1x1 40%1BR,1BA$750
Sage Hill Apartment HomesStudioStudio,1BA$775
Hyde Park PlaceStudioStudio,1BA$795
Rise at the Camerons0x1Studio,1BA$799
Volume 1Vol 1 - StudioStudio,1BA$799
Tides at MuellerA11BR,1BA$799
Volume 2Vol 1 - StudioStudio,1BA$799
Hidden Gardens0BR/1.0BAStudio,1BA$800
Sangria ParkA1Studio,1BA$813
Villas de SenderoEfficiencyStudio,1BA$825

Best Value Apartments for Rent in East Austin, TX

As of June 25, 2025 the best value apartment in the East Austin area is the $1.04 price per square foot D1 Model at Point North Student Living in the in the East Austin neighborhood starting from $1,389. The second greatest value East Austin apartment is the 4 Beds, 2 baths Model at The Timbers starting at $1,937 with a $1.46 price per square foot in the East Austin neighborhood. Here is today’s list of the best values for East Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Point North Student LivingD14BR,4BA$1.04
The Timbers4 Beds, 2 baths4BR,2BA$1.46
The Studio at ThinkEastTwo Bedroom / Two bath2BR,2BA$1.04
Fort Branch at Trumans Landing3 Bed, 2 Bath (60% Income Restricted)3BR,2BA$1.18
The Jordan at MuellerOne Bedrooms1BR,1BA$1.39
Heritage Pointe1x1 80%1BR,1BA$1.44
Fashionaire1 Bedroom 1 Bathroom1BR,1BA$1.36
Ashford Costa Brava1X1B1BR,1BA$1.36
Villas at MuellerA11BR,1BA$1.45
The Lowell at MuellerA11BR,1BA$1.43

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.

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Pet Friendly Lifestyle
East Austin, Austin, TX

Ranked #9

Among neighborhoods in Austin, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across Texas, including Austin. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and easy access to the parks, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap East Austin Apartments

What is the Cheapest Studio apartment in East Austin?

Currently the most affordable Cheap Studio Apartment in East Austin is at Sage Hill Apartment Homes listed at $775.

How much is rent for a Cheap One Bedroom East Austin Apartment?

The lowest price for a Cheap One Bedroom East Austin Apartment is $750 at Heritage Pointe.

What is the lowest price for a Cheap Two Bedroom East Austin Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in East Austin is starting from $998 at Tides at Mueller.

What is the most affordable East Austin Three Bedroom Apartment?

The best deal on a cheap East Austin Three Bedroom Apartment rental is at Fort Branch at Trumans Landing and starts from $1,281.

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.

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The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.