Cheap Apartments for Rent in the East MLK Neighborhood of Austin, TX from $500 (70 Rentals)

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

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.

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Broadstone East End
Rent Specials
$1,071 - $2,768
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$1,071 - $2,768

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Studio to 2 Bedroom Apartments Available Now

Broadstone East End

5400 Jain LnAustin, TX 78721
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Overture Mueller
$1,166 - $3,603
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$1,166 - $3,603

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1 to 2 Bedroom Apartments Available Now

Overture Mueller

4818 Berkman DrAustin, TX 78723
Senior Living
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Lenox Park
Rent Specials
$1,308 - $2,194
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$1,308 - $2,194

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1 to 3 Bedroom Apartments Available Now

Lenox Park

6000 Ed Bluestein BlvdAustin, TX 78724
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Rivette Tower
Rent Specials
$1,335 - $5,231
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$1,335 - $5,231

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Studio to 3 Bedroom Apartments Available Now

Rivette Tower

3901 Berkman DrAustin, TX 78723
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Citizen House MLK
Rent Specials
$1,401 - $2,640
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$1,401 - $2,640

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1 to 2 Bedroom Apartments Available Now

Citizen House MLK

6117 FM 969Austin, TX 78724
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Solomon
$1,443 - $6,994
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$1,443 - $6,994

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Studio to 2 Bedroom Apartments Available Now

Solomon

1414 E 51st StAustin, TX 78723
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The Emma Browning
Rent Specials
$1,544 - $3,095
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$1,544 - $3,095

Total Monthly Price
$1,544 - $3,095
Studio to 2 Bedroom Apartments Available Now

The Emma Browning

3219 Manor RdAustin, TX 78723
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1202 E 51st St
1 Bedroom Apartments

1202 E 51st St

1202 E 51st StAustin, TX 78723
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Z - Nellie
Studio to 2 Bedroom Apartments

Z - Nellie

3300 Manor RdAustin, TX 78723
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Lowell at Mueller
1 to 3 Bedroom Apartments

Lowell at Mueller

1200-1201 Broadmoor DrAustin, TX 78723
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Reserve at Springdale
1 to 3 Bedroom Apartments

Reserve at Springdale

5605 Springdale RdAustin, TX 78723
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XVelo Flats
1 to 2 Bedroom Apartments

XVelo Flats

2606 Wheless LnAustin, TX 78723
  • Utilities Included

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Atlas Eastside
Studio to 3 Bedroom Apartments

Atlas Eastside

4617 Tannehill LnAustin, TX 78721
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Mueller 52
1 to 2 Bedroom Apartments

Mueller 52

1200 E 52nd StAustin, TX 78723
property at 1200 E 52nd St

$1,149 - $1,395

1 To 2 Bedroom Rentals

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1200 E 52nd St

AustinTX78723
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APEX Modern Living
1 to 2 Bedroom Apartments

APEX Modern Living

2215 E 51st StAustin, TX 78723
Student Housing
property at 5005 Manor Rd

$1,050 - $1,250

2 Bedroom Rentals

Available Now

5005 Manor Rd

AustinTX78723

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Cheapest Available East MLK Apartments for Rent

 

The cheapest available apartment rental in the East MLK area of Austin, TX is a 1 Bed unit found at Villas at Mueller priced from $699. Lowell at Mueller has the second lowest priced unit, which is a 2 Beds apartment currently listed from $793. Here are the most affordable East MLK apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Villas at MuellerCentral Austin 1 Bed 1 Bath @ Villas at Mueller...1BR,1BA$699
Lowell at Mueller2X1A - Income Restricted2BR,1BA$793
Ashford Costa Brava1X1A1BR,1BA$798
The Studio at ThinkEastStudio/One BathStudio,1BA$799
MAA East AustinBluebonnett1BR,1BA$833
Fort Branch at Trumans Landing2 Bed, 2 Bath (60% Income Restricted)2BR,2BA$849
Reserve at Springdale49-A71BR,1BA$891
Aldrich 51E2-60%Studio,1BA$900
Los Portales de Lena GuerreroThe Oak1BR,1BA$950
Manor FlatsOne Bedroom1BR,1BA$995

Best Value Apartments for Rent in East MLK, TX

As of April 16, 2026 the best value apartment in the East MLK area is the $0.92 price per square foot 3x2 Model at Rollins Martin Apartments in the in the East Austin neighborhood starting from $1,058. The second greatest value East MLK apartment is the 3 Bed, 2 Bath Model at Fort Branch at Trumans Landing starting at $1,215 with a $1.12 price per square foot in the East Austin neighborhood. Here is today’s list of the best values for East MLK apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rollins Martin Apartments3x23BR,2BA$0.92
Fort Branch at Trumans Landing3 Bed, 2 Bath3BR,2BA$1.12
M StationB22BR,2BA$1.20
Reserve at Springdale49-B72BR,2BA$1.52
Los Portales de Lena GuerreroThe Austin2BR,2BA$1.54
The Jordan at MuellerOne Bedrooms1BR,1BA$1.45
Norman Commons1 bed/1 bath1BR,1BA$1.48
Villas at Mueller1x1 Renovated1BR,1BA$1.30
Ashford Costa Brava1X1A1BR,1BA$1.25
Lowell at Mueller1x1A - Income Restricted1BR,1BA$1.49

Frequently Asked Questions about Cheap East MLK Apartments

What is a cheap apartment in East MLK?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East MLK is under $995.

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

The cheapest apartment in East MLK is Villas at Mueller which is listed at $699, while the average apartment in East MLK costs $2,134.

What types of apartments are the cheapest in East MLK?

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 64 regular apartments in East MLK 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 MLK?

Cheap apartments in East MLK have an average cost of $775 which is $1,359 cheaper than the average rent for all rentals in East MLK.

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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