Cheap Apartments for Rent in the Lamplight Village Neighborhood of Austin, TX from $600 (116 Rentals)

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

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The Morgan
Rent Specials
$812 - $1,866
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$812 - $1,866
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1 to 2 Bedroom Apartments Available Now

The Morgan

1801 Wells Branch PkyAustin, TX 78728
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  • 3D Tour

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Milo
Rent Specials
$875 - $5,201
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$875 - $5,201
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Studio to 2 Bedroom Apartments Available Now

Milo

3220 Duval RdAustin, TX 78759
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Twenty15
Rent Specials
$897 - $1,477
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$897 - $1,477
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1 to 2 Bedroom Apartments Available Now

Twenty15

2015 Cedar Bend DrAustin, TX 78758
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  • Customer Reviewed
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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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Radius at The Domain
Rent Specials
$930 - $1,830
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$930 - $1,830
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1 to 3 Bedroom Apartments Available Now

Radius at The Domain

11900 Hobby Horse CtAustin, TX 78758
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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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Twelve100
$1,009 - $1,986
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Total Monthly Price

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$1,009 - $1,986
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$1,009 - $1,986
1 to 3 Bedroom Apartments Available Now

Twelve100

12100 Metric BlvdAustin, TX 78758
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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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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.

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Lamplight Village, Austin, TX Local Guide

Cheapest Available Lamplight Village Apartments for Rent

 

The cheapest available apartment rental in the Lamplight Village area of Austin, TX is a 1 Bed unit found at San Paloma Apartments priced from $799. The Morgan has the second lowest priced unit, which is a 1 Bed apartment currently listed from $812. Here are the most affordable Lamplight Village apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
San Paloma ApartmentsA The Bellini1BR,1BA$799
The MorganA1PR1BR,1BA$812
The VineyardS1cStudio,1BA$846
Heritage Estates at Wells BranchA3-60%HTC1BR,1BA$849
Lodge At Merrilltown Apartments1X1 60% AMI1BR,1BA$849
Park at Wells BranchA21BR,1BA$855
Preserve at Wells Branch11-a1r1BR,1BA$856
MiloA11BR,1BA$875
Ten OaksA11BR,1BA$878
The OrionA21BR,1BA$900

Best Value Apartments for Rent in Lamplight Village, TX

As of July 16, 2026 the best value apartment in the Lamplight Village area is the $1.35 price per square foot C1 Model at Milan in the in the Lamplight Village neighborhood starting from $1,685. The second greatest value Lamplight Village apartment is the B3 B4 Model at The Wayman starting at $1,490 with a $1.40 price per square foot in the Milwood neighborhood. Here is today’s list of the best values for Lamplight Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MilanC13BR,2BA$1.35
The WaymanB3 B42BR,2BA$1.40
Park at Summers Grove29-225b2BR,2BA$1.33
Renaissance at North BendPrimrose2BR,2BA$1.35
Villas Tech RidgeA41BR,1BA$1.28
Lodge At Merrilltown Apartments1X1 60% AMI1BR,1BA$1.05
The Olivine1B1B1BR,1BA$1.34
Ten OaksA21BR,1BA$1.29
The OrionA2U1BR,1BA$1.38
San Paloma ApartmentsA The Bellini1BR,1BA$1.39

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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Lamplight Village, Austin, TX

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Lamplight Village, Austin, and the greater Austin area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, apartment communities for the kids, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Lamplight Village Apartments

What is a cheap apartment in Lamplight Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lamplight Village is under $900.

What is the price of a cheap apartment in Lamplight Village?

The cheapest apartment in Lamplight Village is San Paloma Apartments which is listed at $799, while the average apartment in Lamplight Village costs $1,830.

What types of apartments are the cheapest in Lamplight Village?

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 86 regular apartments in Lamplight Village 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 Lamplight Village?

Cheap apartments in Lamplight Village have an average cost of $219 which is $1,611 cheaper than the average rent for all rentals in Lamplight Village.

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.

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