Cheap Apartments for Rent in the East Austin Neighborhood of Austin, TX from $500 (300 Rentals)

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

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property at 4103 Speedway

4103 Speedway

AustinTX78751

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property at 400 W 34th St

400 W 34th 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 Studio unit found at The Abali Apartments priced from $596. The Rebekah has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable East Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
The Abali ApartmentsA1Studio,1BA$596
The RebekahStudioStudio,1BA$699
Heritage Pointe1x1 40%1BR,1BA$750
La Casita1BR/1.0BA1BR,1BA$799
Sangria ParkA1Studio,1BA$813
Tides at MuellerA21BR,1BA$829
Ashford Costa Brava1X1A1BR,1BA$848
Mueller Flats ApartmentsTerminal1BR,1BA$849
City View at MuellerS1Studio,1BA$849
Pinnacle 31EfficiencyStudio,1BA$875

Best Value Apartments for Rent in East Austin, TX

As of August 17, 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 2BR/1.0BA Model at Hidden Gardens starting at $1,225 with a $1.23 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
Hidden Gardens2BR/1.0BA2BR,1BA$1.23
The Timbers2 Beds, 2 baths2BR,2BA$1.36
Fort Branch at Trumans Landing2 Bed, 2 Bath (60% Income Restricted)2BR,2BA$1.29
The Lowell at MuellerB12BR,1BA$1.32
La Casita2BR/1.0BA2BR,1BA$1.31
The Studio at ThinkEastOne Bedroom / One bath1BR,1BA$1.33
Arbors at Creekside ApartmentsOne- Bedroom 6A1BR,1BA$1.22
Fashionaire1 Bedroom 1 Bathroom1BR,1BA$1.28
Ashford Costa Brava1X1B1BR,1BA$1.36

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 cities in Texas 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 a cheap apartment in East Austin?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Austin is under $875.

What is the price of a cheap apartment in East Austin?

The cheapest apartment in East Austin is Heritage Pointe which is listed at $750, while the average apartment in East Austin costs $18,900.

What types of apartments are the cheapest in East Austin?

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 169 regular apartments in East Austin 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 East Austin?

Cheap apartments in East Austin have an average cost of $367 which is $18,533 cheaper than the average rent for all rentals in East Austin.

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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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.

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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.

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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.