Cheap Apartments for Rent in the Gateway Neighborhood of Austin, TX from $600 (97 Rentals)

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

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property at 2602 Penny Ln

2602 Penny Ln

AustinTX78757

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Gateway, Austin, TX Local Guide

Cheapest Available Gateway Apartments for Rent

 

The cheapest available apartment rental in the Gateway area of Austin, TX is a Studio unit found at Alara North Burnet priced from $644. 8907 Parkfield Dr has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Gateway apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Alara North BurnetStudioStudio,1BA$644
8907 Parkfield Dr1 Beds, 1 Baths1BR,1BA$745
Brook Meadow VillageS11BR,1BA$750
The Barstow Lincoln OaksA1AFF1BR,1BA$758
The AxelA11BR,1BA$775
Trails of Walnut Creek1 Bedroom 1 Bathroom A-31BR,1BA$799
Ascent At NorthgateE1Studio,1BA$800
MiloA11BR,1BA$813
Wind River Crossingxwra11BR,1BA$817
Bridge at Terracinaa1/af1BR,1BA$819

Best Value Apartments for Rent in Gateway, TX

As of September 04, 2025 the best value apartment in the Gateway area is the $1.50 price per square foot 1913 Hearthstone Dr Model at 1913 Hearthstone Dr, Unit C in the in the Northwest Austin neighborhood starting from $1,795. The second greatest value Gateway apartment is the 2x2 Model at Avalon Palm Apartments starting at $1,300 with a $1.33 price per square foot in the Northwest Austin neighborhood. Here is today’s list of the best values for Gateway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1913 Hearthstone Dr, Unit C1913 Hearthstone Dr1BR,1BA$1.50
Avalon Palm Apartments2x22BR,2BA$1.33
Radius at The DomainB42BR,2BA$1.50
Bridge at Bent Tree28-2/1br2BR,1BA$1.47
8907 Parkfield Dr1 Beds, 1 Baths1BR,1BA$0.93
Bridge at Terracinaa21BR,1BA$1.40
Capital HillsA11BR,1BA$1.35
MAA Balcones WoodsBeaumont1BR,1BA$1.47
Trails of Walnut Creek1 Bedroom 1 Bathroom A-21BR,1BA$1.39
Canyon CreekBull Creek1BR,1BA$1.50

Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Gateway, Austin, TX

Ranked #25

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Gateway, Austin, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Austin. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, family-friendliness, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Gateway Apartments

What is a cheap apartment in Gateway?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Gateway is under $819.

What is the price of a cheap apartment in Gateway?

The cheapest apartment in Gateway is 8907 Parkfield Dr which is listed at $745, while the average apartment in Gateway costs $2,324.

What types of apartments are the cheapest in Gateway?

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 247 regular apartments in Gateway 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 Gateway?

Cheap apartments in Gateway have an average cost of $244 which is $2,080 cheaper than the average rent for all rentals in Gateway.

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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