Cheap Apartments for Rent in the Hancock Neighborhood of Austin, TX from $700 (42 Rentals)

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

property at 3405 Helms St

3405 Helms St

AustinTX78705
property at 311 E 31st St

311 E 31st St

AustinTX78705

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.

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Red River Place
Studio to 1 Bedroom Apartments

Red River Place

924 Dean Keeton StAustin, TX 78712
  • Utilities Included
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The Avalon Apartments
Studio to 2 Bedroom Apartments

The Avalon Apartments

1100 E 32nd StAustin, TX 78722
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302 E 34th St
Studio Apartments

302 E 34th St

302 E 34th StAustin, TX 78705

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.

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3405 Helms St
1 Bedroom Apartments

3405 Helms St

3405 Helms StAustin, TX 78705
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Greenwood Square
Studio Apartments

Greenwood Square

3101 Tom Green StAustin, TX 78705
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Hyde Park
Studio to 4 Bedroom Apartments

Hyde Park

918-920 E 40th StAustin, TX 78751
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304 E 34th St
Studio to 2 Bedroom Apartments

304 E 34th St

304 E 34th StAustin, TX 78705
  • Utilities Included
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3703 Harmon Ave
1 Bedroom Apartments

3703 Harmon Ave

3703 Harmon AveAustin, TX 78705

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.

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3212 Red River St
1 to 2 Bedroom Apartments

3212 Red River St

3212 Red River StAustin, TX 78705
  • Utilities Included
property at 304 E 33rd St

304 E 33rd St

AustinTX78705
property at 306 E 30th St

306 E 30th St

AustinTX78705
property at 2706 Cole St

2706 Cole St

AustinTX78705
property at 2800 Cole St

2800 Cole St

AustinTX78705
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Tower View Apartments
2 Bedroom Apartments

Tower View Apartments

926 Dean Keeton StAustin, TX 78712
  • Utilities Included

Austin's Best Affordable Neighborhoods

Learn about Austin and the best places to live with original content written by our Austin, TX Local Expert Raul Mercado

property at 910 Duncan Ln

910 Duncan Ln

AustinTX78705
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River Oaks
1 to 2 Bedroom Apartments

River Oaks

3001 Medical Arts StAustin, TX 78705

Cheapest Available Hancock Apartments for Rent

 

The cheapest available apartment rental in the Hancock area of Austin, TX is a Studio unit found at Mauna Kai Austin priced from $975. Nova House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Hancock apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Mauna Kai AustinModel A/BStudio,1BA$975
Nova HouseA11BR,1BA$995
Greenwood SquareStudio-Studio,1BA$999
Casa Del Rio ApartmentsA11BR,1BA$1,199
North 40Building B - 2 Bed 1 Bath2BR,1BA$1,250
La Casita2BR/1.0BA2BR,1BA$1,250
River OaksPRE LEASE NOW 2025 A11BR,1BA$1,300
THE EASTWOODNorth Reno2BR,2BA$1,855
Aura Thirty2A21BR,1BA$2,128
Sabina2C-AMFI 1352BR,2BA$2,479

Best Value Apartments for Rent in Hancock, TX

As of July 09, 2025 the best value apartment in the Hancock area is the $2.15 price per square foot North Classic Model at THE EASTWOOD in the in the East Austin neighborhood starting from $3,950. The second greatest value Hancock apartment is the D1 Model at Point North Student Living starting at $1,389 with a $1.04 price per square foot in the East Austin neighborhood. Here is today’s list of the best values for Hancock apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
THE EASTWOODNorth Classic5BR,2BA$2.15
Point North Student LivingD14BR,4BA$1.04
Marq Uptown2C2BR,2BA$2.50
Sabina2C-AMFI 1352BR,2BA$2.19
River OaksPRELEASE NOW 2025 B1B2BR,2BA$1.83
North 40Building C - 2 Bed 1 Bath2BR,1BA$1.53
Casa Del Rio ApartmentsB12BR,1BA$1.89
La Casita2BR/1.0BA2BR,1BA$1.59
Nova HouseB12BR,1BA$2.13
Greenwood SquareStudio-Studio ,1BA$2.50

Getting Around the Hancock Neighborhood in Austin, TX

Walk Score®

78 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

91 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

66 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Hancock Apartments

What is a cheap apartment in Hancock?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hancock is under $2,479.

What is the price of a cheap apartment in Hancock?

The cheapest apartment in Hancock is Nova House which is listed at $995, while the average apartment in Hancock costs $14,000.

What types of apartments are the cheapest in Hancock?

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 9 regular apartments in Hancock that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.