Cheap Apartments for Rent in the East Downtown Neighborhood of Austin, TX from $600 (25 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
$1,307 - $2,981
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $2,819
Required Monthly Fees
$162

Total Monthly Price
$1,307 - $2,981
Studio to 2 Bedroom Apartments Available Now

Corazon

1000 E 5th StAustin, TX 78702
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 905 Prospect Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available Now

905 Prospect Ave, Unit B

905 Prospect Ave
AustinTX78702

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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
  • Utilities Included
  • Smoke Free
property at 1800 E 4th St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

1 Bedroom, 1 Bath Condo for Rent

Available Now

1800 E 4th St, Unit 327

1800 E 4th St
AustinTX78702

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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 Pathways at Rosewood Courts priced from $803. The Rail has the second lowest priced unit, which is a Studio apartment currently listed from $866. Here are the most affordable East Downtown apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Pathways at Rosewood CourtsA91BR,1BA$803
The RailE2Studio,1BA$866
Residences at SaltilloE1 - SMARTStudio,1BA$1,171
The ArnoldE1 - AffordableStudio,1BA$1,190
Corazone1-Studio-AffordableStudio,1BA$1,307

Best Value Apartments for Rent in East Downtown, TX

As of March 07, 2026 the best value apartment in the East Downtown area is the $2.73 price per square foot B1 Model at Alexan Waterloo in the in the East Austin neighborhood starting from $3,047. The second greatest value East Downtown apartment is the B3-60% Model at Talavera Lofts starting at $1,701 with a $1.63 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 WaterlooB12BR,2BA$2.73
Talavera LoftsB3-60%2BR,2BA$1.63
Pathways at Rosewood CourtsB12BR,1BA$0.94
Eleven by WindsorA21BR,1BA$2.28
7EastA3a1BR,1BA$2.47
Pathways at Chalmers Courts East1/11BR,1BA$2.16
AMLI EastsideA21BR,1BA$2.64
East Village Apartments1-11BR,1BA$2.81
E6E1Studio ,1BA$2.86
The RailE4Studio ,1BA$2.75

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 $1,672.

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

The cheapest apartment in East Downtown is Pathways at Rosewood Courts which is listed at $803, while the average apartment in East Downtown costs $8,847.

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 11 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 $202 which is $8,645 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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