Cheap Homes for Rent in East MLK Neighborhood of Austin, TX from $500 (33 Rentals)

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

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property at 5005 Manor Rd

5005 Manor Rd

AustinTX78723

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Showing Results 1-33, Page 1 of 1

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 $499. Z - Nellie has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable East MLK apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Heritage Pointe1 Bedroom1BR,1BA$499
Z - NellieEffStudio,1BA$749
Lowell at Mueller1x1A-Affordable1BR,1BA$750
Ashford Costa Brava1X1A1BR,1BA$798
Fort Branch at Trumans Landing2 Bed, 2 Bath (60% Income Restricted)2BR,2BA$832
Los Portales de Lena GuerreroThe ElmStudio,1BA$900
MAA East AustinButtercupStudio,1BA$948
Reserve at Springdale49-A71BR,1BA$950
Villas at MuellerOne Bedroom One Bath1BR,1BA$950
Manor FlatsOne Bedroom1BR,1BA$995

Best Value Apartments for Rent in East MLK, TX

As of November 16, 2025 the best value apartment in the East MLK area is the $1.05 price per square foot 2 Bed, 2 Bath Model at Fort Branch at Trumans Landing in the in the East Austin neighborhood starting from $919. The second greatest value East MLK apartment is the Two Bedroom Model at Manor Flats starting at $1,250 with a $1.56 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.
Fort Branch at Trumans Landing2 Bed, 2 Bath2BR,2BA$1.05
Manor FlatsTwo Bedroom2BR,1BA$1.56
Citizen House MLKA021BR,1BA$1.77
The Jordan at MuellerOne Bedrooms1BR,1BA$1.45
Heritage Pointe1 Bedroom1BR,1BA$0.67
M StationA11BR,1BA$1.49
Lowell at Mueller1x1B1BR,1BA$1.37
Reserve at Springdale49-A41BR,1BA$1.75
Villas at MuellerOne Bedroom One Bath1BR,1BA$1.45
Ashford Costa Brava1X1A1BR,1BA$1.25

Frequently Asked Questions about East MLK

What type of rentals are currently available in East MLK?

There are currently 102 Apartments for Rent in East MLK, TX with pricing that ranges from $499 to $5,940. There are also 189 Single Family Homes for rent, Condos, and Townhome rentals currently available in East MLK ranging from $580 to $6,500.

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 $580 to $6,500 with an average monthly rent of $2,161.

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 $1,087 to $5,152, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,399 to $6,500. Four Bedroom Single-Family rentals are also available starting from $580 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.

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The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

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

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.