Cheap Homes for Rent in Gateway Neighborhood of Austin, TX from $700 (39 Rentals)

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

property at 2600 Penny Ln

2600 Penny Ln

AustinTX78757

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.

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 1748 Ohlen Rd

1748 Ohlen Rd

AustinTX78757
property at 4208 Duval Rd

4208 Duval Rd

AustinTX78759

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 1 Bed unit found at The Barstow Lincoln Oaks priced from $758. The Axel has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable Gateway apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
The Barstow Lincoln OaksA1AFF1BR,1BA$758
The AxelA11BR,1BA$775
Alara North BurnetStudioStudio,1BA$799
Brook Meadow VillageA11BR,1BA$799
MiloA11BR,1BA$805
8907 Parkfield Dr1 Beds, 1 Baths1BR,1BA$820
Villas del Sol400 Upgrade 1st FloorStudio,1BA$825
CIELO1/11BR,1BA$849
Village OaksValley1BR,1BA$860
Trails of Walnut Creek1 Bedroom 1 Bathroom A-21BR,1BA$875

Best Value Apartments for Rent in Gateway, TX

As of July 30, 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 Bonnell Model at Madison at the Arboretum starting at $1,700 with a $1.49 price per square foot in the Milwood 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
Madison at the ArboretumBonnell2BR,2BA$1.49
Evolve @ ArboretumE Townhome2BR,2BA$1.47
Avalon Palm Apartments2x22BR,2BA$1.33
Tramor at the HillsGuadalupe2BR,2BA$1.54
Brook Meadow VillageB12BR,1BA$1.53
8907 Parkfield Dr1 Beds, 1 Baths1BR,1BA$1.03
Capital HillsA11BR,1BA$1.35
Cielo at Azulyk1x11BR,1BA$1.54
Trails of Walnut Creek1 Bedroom 1 Bathroom A-21BR,1BA$1.52

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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Frequently Asked Questions about Gateway

What type of rentals are currently available in Gateway?

There are currently 172 Apartments for Rent in Gateway, TX with pricing that ranges from $715 to $11,671. There are also 155 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gateway ranging from $700 to $5,495.

What is the current price range for Rental Homes in Gateway?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Gateway ranges from $700 to $5,495 with an average monthly rent of $2,229.

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.