Cheap Homes for Rent in Austin, TX from $300 (694 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 1100 Winnie Dr

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

1 Bedroom, 1 Bath Home for Rent

Available Now

1100 Winnie Dr

AustinTX78748

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 2906 Sweeney Ln

$694

1 Bedroom, 1 Bath Rentals

Available Now

D

2906 Sweeney Ln
AustinTX78723
property at 3506 Speedway

$700 - $2,800

1 To 4 Bedroom Rentals

Available Now

3506 Speedway

AustinTX78705

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

Total Monthly Price

Base Rent
$790

Total Monthly Price
$790

3 Bedroom, 2 Bath Home for Rent

Available Aug 1

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 7425 Marble Ridge Dr

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

4 Bedroom, 2 Bath Home for Rent

Available Now

7425 Marble Ridge Dr, Unit Room 1

7425 Marble Ridge Dr
AustinTX78747
property at 2906 Sweeney Ln

$800

2 Bedroom, 1 Bath Rentals

Available Now

C

2906 Sweeney Ln
AustinTX78723
property at 512 Whistlers Walk

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

512 Whistlers Walk

Cedar ParkTX78613

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: 07/25/2026

Current apartment rentals in the Austin, TX area range in price from $500 to $36,676 with an overall median price of $4,247. The three Austin neighborhoods with the lowest median rent pricing are Garrison Park at $700, St. Edwards at $675, and The University of Texas at Austin at $699. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Austin Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Garrison Park$1,385$700181
St. Edwards$1,438$675252
The University of Texas at Austin$1,449$69917
Galindo$1,450$74946
Southgate Apartments$1,495$85027
Copperfield$1,534$633663
Riverside$1,557$575632
Parker Lane$1,575$694277
Parmer$1,599$799144
North University$1,637$83051

Cheapest Available Austin Apartments for Rent

 

The cheapest available apartment rental in Austin, TX is a 1 Bed unit found at Ekos City Heights in the Southeast Austin neighborhood priced from $435. The Palms on Lamar in the Northwest Austin neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here is today’s list of the most affordable Austin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ekos City Heights1 Bedroom1BR,1BA$435
The Palms on Lamar0X1Studio,1BA$500
Ventura NorthMOVE IN SPECIAL (Immediate)1BR,1BA$500
Manor Town Apartments2A-60%2BR,1BA$507
Retreat at North BluffA21BR,1BA$553
ArrayThe 7001BR,1BA$574
The Abali ApartmentsB11BR,1BA$625
Tuscany ParkToscana1BR,1BA$629
Alma ApartmentsCARIÑO - AF60Studio,1BA$633
Parker HeightsChoose Your Special! Affordable Studio Living i...Studio,1BA$635

Best Value Apartments for Rent in Austin, TX

As of July 25, 2026 the best value apartment in the Austin area is the $0.85 price per square foot 4 Bed, 3 Bath Plus Model at Yugo Austin Nueces in the in the Central East Austin neighborhood starting from $1,359. The second greatest value Austin apartment is the Nueces Model at Sparq on Rio starting at $799 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.
Yugo Austin Nueces4 Bed, 3 Bath Plus4BR,3BA$0.85
Sparq on RioNueces3BR,3BA$0.53
Yugo Austin Rio4 Bed, 4 Bath Plus4BR,4BA$0.90
Point NorthD34BR,4BA$0.61
Signature 1909Boulder B4BR,4BA$0.82
Rollins Martin Apartments3x23BR,2BA$0.81
24 Longview4x24BR,2BA$0.67
Ballpark North3x3 UG3BR,3BA$0.70
8909 Parkfield Drive1BR/1.0BA1BR,1BA$0.88
Ventura NorthBeautiful 2x1 minutes from the Domain!2BR,1BA$0.94

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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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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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 2868 Apartments for Rent in Austin, TX with pricing that ranges from $500 to $36,676. There are also 4347 Single Family Homes for rent, Condos, and Townhome rentals currently available in Austin ranging from $310 to $100,000.

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 $310 to $100,000 with an average monthly rent of $6,098.

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 $25,000. Four Bedroom Single-Family rentals are also available starting from $685 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.

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

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.