Cheap Apartments for Rent in the East MLK Neighborhood of Austin, TX from $500 (60 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
property at 5005 Manor Rd

$1,050 - $1,250

2 Bedroom Rentals

Available Now

5005 Manor Rd

AustinTX78723

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

Read Article

Beyond "Keep Austin Weird": Your Insider's Ultimate Guide to Renting and Living in Austin, Texas

Moving to Austin, TX? We are Here to Help. Our Local Expert Breaks Down the Commute reality, Renting Around the City, the Job Scene, and Shares Recommendations for 5 Great Austin Neighborhoods You Should Explore First.

Read Article
close
View Me
1202 E 51st St
1 Bedroom Apartments

1202 E 51st St

1202 E 51st StAustin, TX 78723
  • Utilities Included
close
View Me
Z - Nellie
Studio to 2 Bedroom Apartments

Z - Nellie

3300 Manor RdAustin, TX 78723
close
View Me
Reserve at Springdale
1 to 3 Bedroom Apartments

Reserve at Springdale

5605 Springdale RdAustin, TX 78723
  • Utilities Included
close
View Me
XVelo Flats
1 to 2 Bedroom Apartments

XVelo Flats

2606 Wheless LnAustin, TX 78723
  • Utilities Included
property at 1200 E 52nd St

$999 - $1,550

1 To 2 Bedroom Rentals

Available Now

1200 E 52nd St

AustinTX78723

The Art of the Rental Viewing: What to look for during a property tour

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.

Read Article
close
View Me
1200 E 52nd St
1 to 2 Bedroom Apartments

1200 E 52nd St

1200 E 52nd StAustin, TX 78723
close
View Me
Atlas Eastside
Studio to 3 Bedroom Apartments

Atlas Eastside

4617 Tannehill LnAustin, TX 78721
  • Utilities Included
property at 1309 E 52nd St

$1,300

2 Bedroom, 1 Bath Condo for Rent

Available Now

1309 E 52nd St

AustinTX78723

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
Showing Results 1-50, Page 1 of 2

Cheapest Available East MLK Apartments for Rent

 

The cheapest available apartment rental in the East MLK area of Austin, TX is a Studio unit found at MAA East Austin priced from $723. Heritage Pointe Senior 55+” has the second lowest priced unit, which is a 2 Beds apartment currently listed from $730. Here are the most affordable East MLK apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
MAA East AustinButtercupStudio,1BA$723
Heritage Pointe Senior 55+”2x2 30%2BR,2BA$730
Lowell at Mueller2X1A - Income Restricted2BR,1BA$848
Reserve at Springdale49-A91BR,1BA$855
Aldrich 51E2-60%Studio,1BA$900
Los Portales de Lena GuerreroThe ElmStudio,1BA$900
Fort Branch at Trumans Landing2 Bed, 2 Bath (60% Income Restricted)2BR,2BA$925
Villas at MuellerOne Bedroom One Bath1BR,1BA$950
Manor FlatsOne Bedroom1BR,1BA$995
Ashford Costa Brava2X1.5A2BR,1BA$1,088

Best Value Apartments for Rent in East MLK, TX

As of January 05, 2026 the best value apartment in the East MLK area is the $1.28 price per square foot 49-C2 Model at Reserve at Springdale in the in the East Austin neighborhood starting from $1,449. The second greatest value East MLK apartment is the 3 Bed, 2 Bath (60% Income Restricted) Model at Fort Branch at Trumans Landing starting at $1,169 with a $1.07 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.
Reserve at Springdale49-C23BR,2BA$1.28
Fort Branch at Trumans Landing3 Bed, 2 Bath (60% Income Restricted)3BR,2BA$1.07
The Jordan at MuellerTwo Bedrooms2BR,2BA$1.25
Ashford Costa Brava2X2A2BR,1BA$1.21
M StationB22BR,2BA$1.20
Manor FlatsTwo Bedroom2BR,1BA$1.56
Lowell at Mueller1X1B - Income Restricted1BR,1BA$1.22
Villas at MuellerOne Bedroom One Bath1BR,1BA$1.45
Aldrich 51E2-60%Studio ,1BA$1.68
MAA East AustinButtercupStudio ,1BA$1.45

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 $1,088.

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

The cheapest apartment in East MLK is Seabrook Square which is listed at $753, while the average apartment in East MLK costs $2,329.

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 120 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 $878 which is $1,451 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.

Helpful Local Expert Guides

decorative image for The 10 Best Affordable Neighborhoods in Austin, TX article

The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin article

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

Written by: Raul Mercado

For many people the College years are some of the best years of your life. And you can certainly make the most of those years by finding the perfect place around your campus to call home.

decorative image for Beyond "Keep Austin Weird": Your Insiders Ultimate Guide to Renting and Living in Austin, Texas article

Beyond "Keep Austin Weird": Your Insiders Ultimate Guide to Renting and Living in Austin, Texas

Written by: Raul Mercado

Hi, I’m Raul, the ApartmentHomeLiving.com Local Guide for Austin. I’ve called the area home long enough to know all the shortcuts and best places to check out and am happy to share them with you today.

decorative image for Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers article

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

Written by: Raul Mercado

Hello! I’m Raul, your ApartmentHomeLiving.com local expert for Austin, Texas. I’ve spent years exploring Austin’s neighborhoods throughout my time living in this great city in different apartments and homes.

Articles, How-To's, and Tips

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!