Cheap Apartments for Rent in the Far North Austin Neighborhood of Austin, TX from $500 (653 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Far North Austin 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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The Morgan
Rent Specials
$812 - $1,866
Total Monthly Price

Total Monthly Price

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$812 - $1,866
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1 to 2 Bedroom Apartments Available Now

The Morgan

1801 Wells Branch PkyAustin, TX 78728
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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.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Milo
Rent Specials
$859 - $5,296
Total Monthly Price

Total Monthly Price

Base Rent
$859 - $5,296
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Studio to 2 Bedroom Apartments Available Now

Milo

3220 Duval RdAustin, TX 78759
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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.

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Twenty15
Rent Specials
$897 - $1,477
Total Monthly Price

Total Monthly Price

Base Rent
$897 - $1,477
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Twenty15

2015 Cedar Bend DrAustin, TX 78758
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 Keystone priced from $591. Copperline at Village Oaks has the second lowest priced unit, which is a Studio apartment currently listed from $683. Here are the most affordable Far North Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Keystone1A1BR,1BA$591
Copperline at Village OaksS4Studio,1BA$683
Wind River Crossingxwra11BR,1BA$700
Abelia FlatsASPENStudio,1BA$732
The Flats on San FelipeA21BR,1BA$740
District at La FronteraA21BR,1BA$749
Chesapeake ApartmentsBeautiful One Bedroom, One Bathroom Apartment i...1BR,1BA$749
Capital HillsE1Studio,1BA$757
Hunters ChaseA1BR,1BA$775
SunchaseA11BR,1BA$795

Best Value Apartments for Rent in Far North Austin, TX

As of July 15, 2026 the best value apartment in the Far North Austin area is the $1.03 price per square foot Oakbrook Model at The Summit Brownstones in the in the Georgetown Village neighborhood starting from $3,027. 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 Round Rock 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$1.03
1029 Forest Bluff Trail, Unit Full House1029 Forest Bluff Trail4BR,2BA$1.08
Parkwood TerraceB22BR,1.5BA$1.18
Residences of Stillwater2x22BR,2BA$1.16
303 Algerita Dr, Unit C303 Algerita Dr2BR,1BA$1.11
Lodge At Merrilltown Apartments1X1 60% AMI1BR,1BA$1.06
The Heights on Parmer1/11BR,1BA$1.17
Westchester Woods ApartmentsA21BR,1BA$1.17
Cambridge Villas Apartments1 Bedroom1BR,1BA$1.13
Mariposa Cedar Park 55+ Apartment HomesThe Oak1BR,1BA$1.14

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Far North Austin, Austin, TX

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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 $795.

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

The cheapest apartment in Far North Austin is Keystone which is listed at $591, while the average apartment in Far North Austin costs $2,980.

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 511 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 $281 which is $2,699 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

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.

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

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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

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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.