Cheap Apartments for Rent in the Highland Park West Neighborhood of Austin, TX from $600 (116 Rentals)

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

property at 311 E 31st St

$750 - $1,200

1 To 2 Bedroom Rentals

Available Now

311 E 31st St

AustinTX78705
property at 4105 Speedway

$799

Studio To 1 Bedroom Rentals

Available Now

4105 Speedway

AustinTX78751
property at 4204 Speedway

$795 - $825

Studio Rentals

Available Now

4204 Speedway

AustinTX78751

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

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property at 202 E 32nd St

$765 - $1,100

Studio Rentals

Available Now

202 E 32nd St

AustinTX78705

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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property at 4209 Avenue B

$1,100 - $1,225

Studio To 1 Bedroom Rentals

Available Feb 6

4209 Avenue B

AustinTX78751
property at 2818 Nueces St

$1,200 - $1,250

1 Bedroom Rentals

Available Aug 1

2818 Nueces St

AustinTX78705

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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Showing Results 1-50, Page 1 of 3

Highland Park West, Austin, TX Local Guide

Cheapest Available Highland Park West Apartments for Rent

 

The cheapest available apartment rental in the Highland Park West area of Austin, TX is a 1 Bed unit found at Summit at Hyde Park priced from $724. The Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $783. Here are the most affordable Highland Park West apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Summit at Hyde Park1x1A - Classic1BR,1BA$724
The Ridge ApartmentsAspen1BR,1BA$783
Marian Condos2x22BR,2BA$800
Pinnacle 31EfficiencyStudio,1BA$875
Grove at Northwest Hills11b - 1x1 - 566 sqft at GroveNW1BR,1BA$886
Montage ApartmentsModel 11BR,1BA$900
305 FlatsCap CityStudio,1BA$900
Le Med ApartmentsA-2 Texan1BR,1BA$989
The ChelseaThe Hepburn - Classic1BR,1BA$995

Best Value Apartments for Rent in Highland Park West, TX

As of January 14, 2026 the best value apartment in the Highland Park West area is the $0.98 price per square foot C2 Model at Villas on Guadalupe in the in the Central East Austin neighborhood starting from $1,145. The second greatest value Highland Park West apartment is the 2-Bed, 1-Bath Model at Brentwood Townhomes starting at $1,325 with a $1.34 price per square foot in the East Austin neighborhood. Here is today’s list of the best values for Highland Park West apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villas on GuadalupeC23BR,3BA$0.98
Brentwood Townhomes2-Bed, 1-Bath2BR,1BA$1.34
Stone Hill Apartments2-Bedroom2BR,2BA$1.55
MAA Park MesaTraditional 1x1 846-875 SF1BR,1BA$1.77
Kensington CourtelpA11BR,1BA$1.43
Cedar 31Cosmos1BR,1BA$1.62
Nova HouseA11BR,1BA$1.60
Grove at Northwest Hills11a - 1x1 - 558 sqft at GroveNW1BR,1BA$1.59
Summit at Hyde Park1x1B - Premium1BR,1BA$1.78
The Ridge ApartmentsAspen1BR,1BA$1.74

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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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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Pet Friendly Lifestyle
Highland Park West, Austin, TX

Ranked #73

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Texas, including Austin. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, family-friendly amenities, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Highland Park West Apartments

What is a cheap apartment in Highland Park West?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Highland Park West is under $995.

What is the price of a cheap apartment in Highland Park West?

The cheapest apartment in Highland Park West is Summit at Hyde Park which is listed at $774, while the average apartment in Highland Park West costs $18,995.

What types of apartments are the cheapest in Highland Park West?

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 31 regular apartments in Highland Park West 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 Highland Park West?

Cheap apartments in Highland Park West have an average cost of $601 which is $18,394 cheaper than the average rent for all rentals in Highland Park West.

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 Insiders Ultimate Guide to Renting and Living in Austin, Texas

Written by: Raul Mercado

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.

Articles, How-To's, and Tips

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

Written by: Bob Mallory

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!