Cheap Apartments for Rent in the East Downtown Neighborhood of Austin, TX from $800 (27 Rentals)

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

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Corazon
Rent Specials
$1,107 - $3,019
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$1,107 - $3,019

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Studio to 2 Bedroom Apartments Available Now

Corazon

1000 E 5th StAustin, TX 78702
Affordability
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Lyons Garden
1 to 2 Bedroom Apartments

Lyons Garden

2720 Lyons RdAustin, TX 78702
Senior Living

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Eleven by Windsor
Studio to 2 Bedroom Apartments

Eleven by Windsor

811 E 11th StAustin, TX 78702
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East Village Apartments
1 Bedroom Apartments

East Village Apartments

1314 Rosewood AveAustin, TX 78702
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property at 1800 E 4th St

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

1 Bedroom, 1 Bath Condo for Rent

Available Now

1800 E 4th St, Unit 327, Unit 327

1800 E 4th St
AustinTX78702

East Downtown, Austin, TX Local Guide

Cheapest Available East Downtown Apartments for Rent

 

The cheapest available apartment rental in the East Downtown area of Austin, TX is a 1 Bed unit found at Lyons Garden priced from $905. The Arnold has the second lowest priced unit, which is a Studio apartment currently listed from $1,099. Here are the most affordable East Downtown apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Lyons Garden1A1BR,1BA$905
The ArnoldE1 - AffordableStudio,1BA$1,099
Residences at SaltilloE1 - SMARTStudio,1BA$1,171
Eleven by WindsorS1Studio,1BA$1,192
The RailE4Studio,1BA$1,261
Eastside StationS1B - AffordableStudio,1BA$1,311
Villas on Sixth Apartment HomesThe Pecos - Income Restricted2BR,2BA$1,400
Talavera LoftsB1-50%2BR,2BA$1,400
Corazone1Studio,1BA$1,476
Pathways at Chalmers Courts East1/11BR,1BA$1,500

Best Value Apartments for Rent in East Downtown, TX

As of April 21, 2026 the best value apartment in the East Downtown area is the $3.08 price per square foot B2 Model at Alexan Waterloo in the in the East Austin neighborhood starting from $3,613. The second greatest value East Downtown apartment is the B1-50% Model at Talavera Lofts starting at $1,400 with a $1.39 price per square foot in the Town Lake neighborhood. Here is today’s list of the best values for East Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Alexan WaterlooB22BR,2BA$3.08
Talavera LoftsB1-50%2BR,2BA$1.39
Villas on Sixth Apartment HomesThe Pecos - Income Restricted2BR,2BA$1.53
AMLI EastsideA4k1BR,1BA$2.60
E6L11BR,1BA$2.57
7EastA3 Alt1BR,1BA$2.59
Pathways at Chalmers Courts East1/11BR,1BA$2.16
Eastside StationA1C1BR,1BA$2.94
Lyons Garden1A1BR,1BA$1.71
Eleven by WindsorS1Studio ,1BA$2.87

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Frequently Asked Questions about Cheap East Downtown Apartments

What is a cheap apartment in East Downtown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Downtown is under $1,500.

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

The cheapest apartment in East Downtown is Lyons Garden which is listed at $905, while the average apartment in East Downtown costs $5,979.

What types of apartments are the cheapest in East 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 14 regular apartments in East 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 East Downtown?

Cheap apartments in East Downtown have an average cost of $227 which is $5,752 cheaper than the average rent for all rentals in East 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.

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