
Cheap Homes for Rent in East MLK Neighborhood of Austin, TX from $700 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the East MLK area of Austin.


Private bedroom in 5 bed/2.5 bath Home

Private bedroom in 5 bed/2.5 bath Home

4212 Margarita St

6106 Wheless Cove

2506 Manor Cir

5002 Lott Ave

3101 Govalle Ave

4801 Springdale Rd, Unit 1308

5505 Harold Ct

2900 Lovell Dr

1115 Brookswood Ave

2805 Crest Avenue, Unit B

4507 E Martin Luther King Jr Blvd

1148 1/2 Gunter St

1314 E 51st St

4507 E Martin Luther King Jr Blvd
East MLK, Austin, TX Local Guide

How much does it cost to rent a home in East MLK?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
East MLK 2 Bedroom Homes for Rent | $2,438 | $1,200 | $3,500 |
East MLK 3 Bedroom Homes for Rent | $3,289 | $1,450 | $6,000 |
East MLK 4 Bedroom Homes for Rent | $3,572 | $730 | $6,700 |
East MLK 5 Bedroom Homes for Rent | $2,369 | $780 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the East MLK Neighborhood of Austin, TX.
Explore Austin
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 Heritage Pointe priced from $750. Ashford Costa Brava has the second lowest priced unit, which is a 1 Bed apartment currently listed from $848. Here are the most affordable East MLK apartments for rent in Austin, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Heritage Pointe | 1x1 40% | 1BR,1BA | $750 |
Ashford Costa Brava | 1X1A | 1BR,1BA | $848 |
Los Portales de Lena Guerrero | The Elm | Studio,1BA | $900 |
The Lowell at Mueller | B1AFF | 2BR,1BA | $905 |
Villas at Mueller | A1 | 1BR,1BA | $950 |
Best Value Apartments for Rent in East MLK, TX
As of July 12, 2025 the best value apartment in the East MLK area is the $1.04 price per square foot Two Bedroom / Two bath Model at The Studio at ThinkEast in the in the East Austin neighborhood starting from $1,200. The second greatest value East MLK apartment is the Two Bedrooms Model at The Jordan at Mueller starting at $1,325 with a $1.25 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Studio at ThinkEast | Two Bedroom / Two bath | 2BR,2BA | $1.04 |
The Jordan at Mueller | Two Bedrooms | 2BR,2BA | $1.25 |
MAA East Austin | Magnolia | 2BR,2BA | $1.28 |
Fort Branch at Trumans Landing | 2 Bed, 2 Bath (60% Income Restricted) | 2BR,2BA | $1.45 |
Heritage Pointe | 1x1 80% | 1BR,1BA | $1.44 |
M Station | A1 | 1BR,1BA | $1.49 |
XVelo Flats | One Bedroom | 1BR,1BA | $1.35 |
Ashford Costa Brava | 1X1B | 1BR,1BA | $1.36 |
Villas at Mueller | A1 | 1BR,1BA | $1.45 |
The Lowell at Mueller | A1 | 1BR,1BA | $1.47 |
Frequently Asked Questions about East MLK
What type of rentals are currently available in East MLK?
There are currently 105 Apartments for Rent in East MLK, TX with pricing that ranges from $624 to $6,346. There are also 168 Single Family Homes for rent, Condos, and Townhome rentals currently available in East MLK ranging from $730 to $6,700.
What is the current price range for Rental Homes in East MLK?
Today's rental pricing for Homes for Rent, Condos and Townhomes in East MLK ranges from $730 to $6,700 with an average monthly rent of $2,626.
How much are larger Three and Four Bedroom Rentals in East MLK?
For those who are looking for larger living arrangements, Three Bedroom Apartments in East MLK range from $1,284 to $5,208, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $6,000. Four Bedroom Single-Family rentals are also available starting from $730 and Four Bedroom Apartments start at $2,395.
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
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.

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