Cheap Homes for Rent in Austin, TX from $345 (663 Rentals)

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

Keep Austin Affordable: A Renter's Guide to the Best Suburbs Around the City

Round Rock, Buda, Cedar Park, and more — Austin's surrounding metros offer incredible value for renters. Our local expert compares the best surrounding cities so you can find more space, lower rent, and a great quality of life just minutes from the city.

property at 6237 Adair Dr
$625

Total Monthly Price

Base Rent$625

Total Monthly Price$625
1 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

6237 Adair Dr

AustinTX78754
property at 1901 Crossing Pl
$635

Total Monthly Price

Base Rent$635

Total Monthly Price$635
1 Bedroom, 1 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

1901 Crossing Pl

AustinTX78741
  • Smoke Free
property at 5701 Gerard Dr
$649

Total Monthly Price

Base Rent$649

Total Monthly Price$649
5 Bedroom, 3 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

5701 Gerard Dr, Unit 2

5701 Gerard Dr
AustinTX78744

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 302 Carmen Ct
$700
1 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

302 Carmen Ct

AustinTX78752
property at 1100 Winnie Dr
$725

Total Monthly Price

Base Rent$725

Total Monthly Price$725
1 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

1100 Winnie Dr

AustinTX78748

The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX

Moving to Austin? Get an insider’s guide to managing costs in the Music Capitol. Discover which affordable ATX neighborhoods fit your budget and lifestyle.

property at 392 Eagle Brook Ln
$790

Total Monthly Price

Base Rent$790

Total Monthly Price$790
3 Bedroom, 2 Bath Home for Rent
Available Now
Furnished
property at 7425 Marble Ridge Dr
$800

Total Monthly Price

Base Rent$800

Total Monthly Price$800
4 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

7425 Marble Ridge Dr, Unit Room 1

7425 Marble Ridge Dr
AustinTX78747

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

Moving to Austin, TX? We are Here to Help. Our Local Expert Breaks Down the Commute reality, Renting Around the City, the Job Scene, and Shares Recommendations for 5 Great Austin Neighborhoods You Should Explore First.

property at 512 Whistlers Walk
$800

Total Monthly Price

Base Rent$800

Total Monthly Price$800
1 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

512 Whistlers Walk

Cedar ParkTX78613
property at 3427 Willowrun Dr
$800

Total Monthly Price

Base Rent$800

Total Monthly Price$800
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

3427 Willowrun Dr, Unit D

3427 Willowrun Dr
AustinTX78704
property at 502 W 35th St
$800 - $1,150
Studio To 1 Bedroom Rentals
Available Now
Affordability

502 W 35th St

AustinTX78705

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.

Austin, TX Local Guide

Cheapest Neighborhoods for Apartments in Austin, TX

Pricing Updated: 09/07/2026

Current apartment rentals in the Austin, TX area range in price from $540 to $36,676 with an overall median price of $1,571. The three Austin neighborhoods with the lowest median rent pricing are Heritage Hills Windsor Hills at $739, Heritage Hills at $746, and Georgian Acres at $836. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Austin Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Heritage Hills Windsor Hills$739$562311
Heritage Hills$746$562356
Georgian Acres$836$562366
North Lamar$899$562547
Coronado Hills$999$616159
The University of Texas at Austin$999$69914
Windsor Hills$1,050$562654
St Johns Coronado Hills$1,083$616261
Parker Lane$1,084$649262
North Park$1,095$84512

Cheapest Available Austin Apartments for Rent

 

The cheapest available apartment rental in Austin, TX is a 1 Bed unit found at Ventura North in the Northwest Austin neighborhood priced from $500. Manor Town Apartments in the Shadow Glen neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $507. Here is today’s list of the most affordable Austin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ventura NorthMOVE IN SPECIAL (Immediate)1BR,1BA$500
Manor Town Apartments1A-60%1BR,1BA$507
The Palms on Lamar0X1Studio,1BA$550
Alma ApartmentsCORAZON - AF60Studio,1BA$562
Hedge ApartmentsSage - AF60Studio,1BA$584
Longspur CrossingAStudio,1BA$599
Emerson Apartments at Town LakeStudioERStudio,1BA$599
StarburstA1 | 1 Bed | 1 Bath1BR,1BA$611
Villas de SenderoLoftStudio,1BA$616
Mueller Flats ApartmentsTerminal1BR,1BA$619

Best Value Apartments for Rent in Austin, TX

As of September 08, 2026 the best value apartment in the Austin area is the $0.98 price per square foot 4BR/2.5BA Model at 103 COUNTY ROAD 180 #76 in the in the Twin Creeks neighborhood starting from $2,825. The second greatest value Austin apartment is the San Pedro Model at Sparq on Rio starting at $829 with a $0.53 price per square foot in the Central East Austin neighborhood. Here is today’s list of the best values for Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
103 COUNTY ROAD 180 #764BR/2.5BA4BR,2.5BA$0.98
Sparq on RioSan Pedro3BR,3BA$0.53
Villages at East RiversideFour Bedroom4BR,4BA$0.90
Yugo Austin Corner3 Bed, 2 Bath Deluxe3BR,2BA$0.94
Rollins Martin Apartments3x23BR,2BA$0.81
24 Longview4x24BR,2BA$0.68
Karnes2 Bedroom 2 Bathroom Double occupancy-B12BR,2BA$0.72
Ballpark North3x3 UG3BR,3BA$0.70
Acacia CliffsA11BR,1BA$0.98
Manor Town Apartments1A-60%1BR,1BA$0.96

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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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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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

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Austin, TX Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Raul4+ years in Austin

March 17, 2026

Perfect for families and Texas residents looking for safe neighborhoods with a strong culture and community feel.

Steve4+ years in Austin

April 3, 2025

Alright, so Austin, man. Steve here, early 30s, and let me tell you, this place is alive. If you're into killer food – and I mean, everything from legit BBQ to some seriously inventive fusion spots – and a nightlife scene that just doesn't quit, you'll fit right in.

Mary1+ years in Austin

April 3, 2025

I like the northside of town best. But Downtown is fun. Lots of outdoor stuff to do

Kevin4+ years in Austin

March 25, 2025

Happy, vibrant, busy, lots of traffic, great restaurants. Liberal.

Frequently Asked Questions about Austin

What type of rentals are currently available in Austin?

There are currently 2936 Apartments for Rent in Austin, TX with pricing that ranges from $562 to $36,676. There are also 4334 Single Family Homes for rent, Condos, and Townhome rentals currently available in Austin ranging from $345 to $31,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Austin ranges from $345 to $31,000 with an average monthly rent of $2,581.

How much are larger Three and Four Bedroom Rentals in Austin?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Austin range from $695 to $36,676, while Three Bedroom Homes, Condos, and Townhomes for rent range from $790 to $19,500. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $575.

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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Where to Stay in Austin: The Best Neighborhoods for Short-Term Rentals

Written by: Raul Mercado

I’m Raul, your ApartmentHomeLiving.com local expert for Austin. After living in Austin for more than 10 years, I’ve seen firsthand how the short term rental scene has changed in the live music capital of the world.

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Keep Austin Affordable: A Renter's Guide to the Best Suburbs Around the City

Written by: Raul Mercado

I’m Raul, your ApartmentHomeLiving.com local expert for Austin.

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The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX

Written by: Raul Mercado

I’m Raul, your ApartmentHomeLiving.com local expert for Austin. I spend most of my time helping people understand what it actually costs to live in the music capital of Texas and where the best places to settle are.

decorative image for Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers article

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.