Cheap Apartments for Rent in the Far North Austin Neighborhood of Austin, TX from $400 (604 Rentals)

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

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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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The Morgan
Rent Specials
$874 - $1,866
Total Monthly Price

Total Monthly Price

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$874 - $1,866
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

The Morgan

1801 Wells Branch PkyAustin, TX 78728
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Far North Austin, Austin, TX Local Guide

Cheapest Available Far North Austin Apartments for Rent

 

The cheapest available apartment rental in the Far North Austin area of Austin, TX is a 1 Bed unit found at Waters at Willow Run priced from $540. Polo Club has the second lowest priced unit, which is a 1 Bed apartment currently listed from $632. Here are the most affordable Far North Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Waters at Willow RunA1 - One Bedroom One Bath1BR,1BA$540
Polo ClubA11BR,1BA$632
Live Oak Apartments1 Bedroom1BR,1BA$669
Georgetown Park1x1S1BR,1BA$695
Allegre PointA1-HOME-30%1BR,1BA$696
Churchill Crossing ApartmentsA21BR,1BA$701
Madison Dell Ranch ApartmentsA1 - Studio 491 Sq. Ft.1BR,1BA$728
Hunters ChaseA1BR,1BA$740
Apple Creek Apartments1x1-4601BR,1BA$750
Wind River Crossingxwra11BR,1BA$750

Best Value Apartments for Rent in Far North Austin, TX

As of April 15, 2026 the best value apartment in the Far North Austin area is the $0.96 price per square foot Oakbrook Model at The Summit Brownstones in the in the Georgetown Village neighborhood starting from $2,820. The second greatest value Far North Austin apartment is the 1029 Forest Bluff Trail Model at 1029 Forest Bluff Trail, Unit Full House starting at $2,195 with a $1.08 price per square foot in the The Commons At Rowe Lane neighborhood. Here is today’s list of the best values for Far North Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Summit BrownstonesOakbrook3BR,3.5BA$0.96
1029 Forest Bluff Trail, Unit Full House1029 Forest Bluff Trail4BR,2BA$1.08
Cypress Creek Lakeline BlvdMesquite3BR,2BA$1.10
Falls Round RockB12BR,2BA$1.16
303 Algerita Dr, Unit C303 Algerita Dr2BR,1BA$1.11
Cambridge Villas Apartments1 Bedroom1BR,1BA$1.13
Live Oak Apartments1 Bedroom1BR,1BA$0.93
Mariposa Cedar Park 55+ Apartment HomesThe Oak1BR,1BA$1.13
Lakeline VillasThe Travis (A1A)1BR,1BA$1.14
Waters at Willow RunA1 - One Bedroom One Bath1BR,1BA$0.77

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

The Austin job market is booming, but where should you live? Discover the most affordable and charming neighborhoods that put you minutes from Dell Seton, IBM, and Dell.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Texas including Far North Austin, Austin, and the greater Austin area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Far North Austin Apartments

What is a cheap apartment in Far North Austin?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Far North Austin is under $750.

What is the price of a cheap apartment in Far North Austin?

The cheapest apartment in Far North Austin is Waters at Willow Run which is listed at $540, while the average apartment in Far North Austin costs $10,210.

What types of apartments are the cheapest in Far North Austin?

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 809 regular apartments in Far North Austin 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 Far North Austin?

Cheap apartments in Far North Austin have an average cost of $286 which is $9,924 cheaper than the average rent for all rentals in Far North Austin.

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

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

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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.

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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.

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

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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

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.