Cheap Homes for Rent in East Downtown Neighborhood of Austin, TX from $1,000 (9 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

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 10

2705 E 16th St

AustinTX78702
property at 1800 E 4th St

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

Studio, 1 Bath Condo for Rent

Available Now

1800 E 4th St, Unit 327

1800 E 4th St
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.

property at 905 Prospect Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Jun 20

905 Prospect Ave, Unit B

905 Prospect Ave
AustinTX78702
property at 1807 Poquito St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Condo for Rent

Available Now

1807 Poquito St, Unit #46

1807 Poquito St
AustinTX78702

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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 Rail has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable East Downtown apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Lyons Garden1A1BR,1BA$905
The RailE4Studio,1BA$950
The ArnoldE1 - AffordableStudio,1BA$1,099

Best Value Apartments for Rent in East Downtown, TX

As of June 03, 2026 the best value apartment in the East Downtown area is the $2.66 price per square foot A4k Model at AMLI Eastside in the in the Town Lake neighborhood starting from $2,385. The second greatest value East Downtown apartment is the A2 Model at Eleven by Windsor starting at $1,631 with a $2.23 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.
AMLI EastsideA4k1BR,1BA$2.66
Eleven by WindsorA21BR,1BA$2.23
7EastA3a1BR,1BA$2.58
The ArnoldA3 Live Work1BR,1BA$2.96
Corazona11BR,1BA$3.10
Eastside StationS1AStudio ,1BA$2.69
Lyons Garden1A1BR,1BA$1.71
E6S1Studio ,1BA$3.05
The RailE2Studio ,1BA$2.50
Residences at SaltilloE1 - SMARTStudio ,1BA$3.36

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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 52 Apartments for Rent in East Downtown, TX with pricing that ranges from $950 to $15,238. There are also 53 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 $3,644.

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 $15,238, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $10,500. Four Bedroom Single-Family rentals are also available starting from $2,995 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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