Cheap Homes for Rent in the East Downtown Neighborhood of Austin, TX from $1,000 (13 Rentals)

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

property at 2705 E 16th St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Townhome for Rent

Available Now

2705 E 16th St

AustinTX78702

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 1800 E 4th St

$1,499 - $2,100

Studio To 1 Bedroom Rentals

Available Now

1800 E 4th St

AustinTX78702
property at 800 Embassy Dr

$1,795 - $3,993

1 To 2 Bedroom Rentals

Available Now

800 Embassy Dr

AustinTX78702
property at 800 Embassy Dr

$1,993 - $3,993

Total Monthly Price

Total Monthly Price

Base Rent
$1,993 - $3,993

Total Monthly Price
$1,993 - $3,993

1 To 2 Bedroom Condos for Rent

Available Jul 30

800 Embassy Dr

AustinTX78702

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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. Pathways at Chalmers Courts West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $914. Here are the most affordable East Downtown apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Lyons Garden1A1BR,1BA$905
Pathways at Chalmers Courts West1/11BR,1BA$914
The RailE4Studio,1BA$950
The ArnoldE1 - AffordableStudio,1BA$1,099
Residences at SaltilloE1 - SMARTStudio,1BA$1,176

Best Value Apartments for Rent in East Downtown, TX

As of July 19, 2026 the best value apartment in the East Downtown area is the $1.47 price per square foot 2/1 Model at Pathways at Chalmers Courts West in the in the Town Lake neighborhood starting from $1,471. The second greatest value East Downtown apartment is the The Pecos - Income Restricted Model at Villas on Sixth Apartment Homes starting at $1,406 with a $1.53 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.
Pathways at Chalmers Courts West2/12BR,1BA$1.47
Villas on Sixth Apartment HomesThe Pecos - Income Restricted2BR,2BA$1.53
E6L11BR,1BA$2.74
Bridge at Eastside16-A21BR,1BA$2.76
Eleven by WindsorA21BR,1BA$2.46
7EastA3a1BR,1BA$2.65
Pathways at Chalmers Courts East1/11BR,1BA$2.14
Talavera LoftsE1-60%Studio ,1BA$2.43
Lyons Garden1A1BR,1BA$1.71
The RailE2Studio ,1BA$2.50

Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers

The Austin job market is booming, but where should you live? Discover the most affordable and charming neighborhoods that put you minutes from Dell Seton, IBM, and Dell.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Local Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Austin, TX metro area for affordable living. Find your perfect Austin Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Frequently Asked Questions about East Downtown

What type of rentals are currently available in East Downtown?

There are currently 48 Apartments for Rent in East Downtown, TX with pricing that ranges from $950 to $17,630. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Downtown ranging from $1,000 to $14,000.

What is the current price range for Rental Homes in East Downtown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in East Downtown ranges from $1,000 to $14,000 with an average monthly rent of $3,706.

How much are larger Three and Four Bedroom Rentals in East Downtown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in East Downtown range from $4,569 to $17,630, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $5,000. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $2,400.

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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