Cheap Apartments for Rent in the East Downtown Neighborhood of Austin, TX from $700 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the East Downtown area of Austin.

Private bedroom in 5 bed/2 bath Home

Private bedroom in 5 bed/2 bath Home

Talavera Lofts
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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.

905 Prospect Ave

The Arnold

Eleven by Windsor

Sentral East Austin

7 East

Corazon

1401 E 4th St

2007 E 16th St
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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.

Residences at Saltillo

Eastside Station

2103 E 16th St

1113 E 2nd St
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2105 E 12th St

1709 Cedar Ave

1107 E 10th St

1006 Willow St

1322 E 12th St

1800 E 4th St
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1116 Northwestern Ave
East Downtown, Austin, TX Local Guide

How much does it cost to rent an apartment in East Downtown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
East Downtown Studio Apartments | $1,893 | $707 | $9,071 |
East Downtown 1 Bedroom Apartments | $2,471 | $1,250 | $9,999 |
East Downtown 2 Bedroom Apartments | $3,436 | $1,500 | $10,000+ |
East Downtown 3 Bedroom Apartments | $5,992 | $1,610 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the East Downtown Neighborhood of Austin, TX.
See all Apartments in AustinExplore Austin
Cheapest Available East Downtown Apartments for Rent
 The cheapest available apartment rental in the East Downtown area of Austin, TX is a Studio unit found at The Rail priced from $866. Pathways at Chalmers Courts East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $869. Here are the most affordable East Downtown apartments for rent in Austin, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Rail | E2 | Studio,1BA | $866 |
Pathways at Chalmers Courts East | 1/1 | 1BR,1BA | $869 |
Pathways at Chalmers Courts West | 1/1 | 1BR,1BA | $875 |
Talavera Lofts | E1-A-50% | Studio,1BA | $1,098 |
The Arnold | E1 - AFFORDABLE | Studio,1BA | $1,230 |
Sentral East Austin | Efficiency - Affordable 1630 | Studio,1BA | $1,323 |
Eleven by Windsor | S1 | Studio,1BA | $1,329 |
Residences at Saltillo | E2 | Studio,1BA | $1,546 |
E6 | S1 | Studio,1BA | $1,625 |
The Waller | T-11 | Studio,1BA | $1,699 |
Best Value Apartments for Rent in East Downtown, TX
As of June 20, 2025 the best value apartment in the East Downtown area is the $2.58 price per square foot B2D Model at Eastside Station in the in the Town Lake neighborhood starting from $2,674. The second greatest value East Downtown apartment is the A2 Model at Alexan Waterloo starting at $2,423 with a $3.27 price per square foot in the East Austin neighborhood. Here is today’s list of the best values for East Downtown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Eastside Station | B2D | 2BR,2BA | $2.58 |
Alexan Waterloo | A2 | 1BR,1BA | $3.27 |
AMLI Eastside | A3 | 1BR,1BA | $2.77 |
Residences at Saltillo | A10 | 1BR,1BA | $2.64 |
Pathways at Chalmers Courts East | 1/1 | 1BR,1BA | $1.25 |
Corazon | a1 | 1BR,1BA | $3.17 |
Talavera Lofts | E1-60% | Studio ,1BA | $2.42 |
E6 | S1 | Studio ,1BA | $3.05 |
The Rail | E4 | Studio ,1BA | $2.80 |
Eleven by Windsor | S1 | Studio ,1BA | $3.28 |
Getting Around the East Downtown Neighborhood in Austin, TX
Walk Score®
88 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
88 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
56 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,699.
What is the price of a cheap apartment in East Downtown?
The cheapest apartment in East Downtown is Pathways at Chalmers Courts East which is listed at $869, while the average apartment in East Downtown costs $4,701.
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 22 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 $214 which is $4,487 cheaper than the average rent for all rentals in East Downtown.
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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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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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.

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.