
Cheap Apartments for Rent in the Market District Austin, TX from $763 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in the Market District area of Austin.


1607 Palma Plaza

Room in Condo on Lavaca St

1400 Rio Grande Apartments

Total Monthly Price
Timbercreek Apartments

Waterston Apartments

6th Street West Apartments Austin

West Campus Flats

Rio House Apartments

SoCo on the Lake
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.

Townhollow Apartments

Diplomat Apartments

Lantana Apartments

The Shoal

Placemakr Downtown Austin

1010 Willow St

Total Monthly Price
Railyard

The Clark

Total Monthly Price
5th Street Commons

The Halifax
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.

1501 W 9th St

Total Monthly Price
422 at the Lake

Total Monthly Price
Pressler Apartments

SkyHouse Austin

Alexan Waterloo

Park Terrace Apartments

Total Monthly Price
The Waller

Sienna at the Thompson

Regency North Apartments

Penthouse
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.

1111 W 10th St

24 Flats

Winflo

Eden Roc

1800 Lavaca St

The Willows

1908 San Antonio St

Enfield Place

Barton Springs Apartments

2110 Rio Grande St
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.

Enfield House

Lorrain

Park Place

Camden Rainey Street

1800 Lavaca St, Unit A-703

XThe Chateau

Elle West Ave

1910 Robbins Pl

1212 Guadalupe St

1010 Willow St, Unit B
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.
Market District, Austin, TX Local Guide

How much does it cost to rent an apartment in Market District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Market District Studio Apartments | $1,820 | $995 | $2,875 |
| Market District 1 Bedroom Apartments | $2,751 | $1,095 | $9,194 |
| Market District 2 Bedroom Apartments | $3,802 | $989 | $10,000+ |
| Market District 3 Bedroom Apartments | $6,731 | $939 | $10,000+ |
| Market District 4 Bedroom Apartments | $1,487 | $915 | $2,106 |
Browse Apartments in this Neighborhood
There are currently 62 rentals with your search options within a 1 mile radius of the Market District Neighborhood of Austin, TX.
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Market District, Austin, TX Local Guide
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Cheapest Available Market District Apartments for Rent
 The cheapest available apartment rental in the Market District area of Austin, TX is a 3 Beds unit found at Villas on Rio priced from $939. 1400 Rio Grande Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Market District apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villas on Rio | C3-SHARED | 3BR,3BA | $939 |
| 1400 Rio Grande Apartments | efficiency | Studio,1BA | $1,050 |
| Timbercreek Apartments | E1 Affordable | Studio,1BA | $1,052 |
| 6th Street West Apartments Austin | One Bedroom | 1BR,1BA | $1,095 |
| West Campus Flats | Studio | Studio,1BA | $1,150 |
| Rio House Apartments | 1 Bedroom | 1BR,1BA | $1,200 |
| Lantana Apartments | 1S | 1BR,1BA | $1,250 |
| Diplomat Apartments | 1BR/1BA Full Unit | 1BR,1BA | $1,250 |
| The Willows | wilA2 | 1BR,1BA | $1,299 |
| Regency North Apartments | 2 Bedroom/1 Bath - Small (984 sq. ft.) | 2BR,1BA | $1,495 |
Best Value Apartments for Rent in Market District, TX
As of August 23, 2026 the best value apartment in the Market District area is the $1.20 price per square foot D2-A - Magnolia Model at Union on San Antonio in the in the Central East Austin neighborhood starting from $1,511. The second greatest value Market District apartment is the #442 Model at Nueces Flats starting at $2,450 with a $1.97 price per square foot in the Central East Austin neighborhood. Here is today’s list of the best values for Market District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Union on San Antonio | D2-A - Magnolia | 4BR,4BA | $1.20 |
| Nueces Flats | #442 | 2BR,2BA | $1.97 |
| Villas on Rio | D1 | 4BR,4BA | $1.26 |
| 24 Flats | 24fB1 | 2BR,1BA | $1.61 |
| Regency North Apartments | 2 Bedroom/1 Bath - Small (984 sq. ft.) | 2BR,1BA | $1.52 |
| The Beverly at Medical Center | A3 | 1BR,1BA | $2.13 |
| Diplomat Apartments | 1BR/1BA Full Unit | 1BR,1BA | $2.08 |
| Rio House Apartments | 2 Bedroom - Classic Model | 2BR,1BA | $2.25 |
| The Willows | wilA2 | 1BR,1BA | $2.27 |
| Lantana Apartments | 1S | 1BR,1BA | $2.28 |
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.
Read ArticleDon'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.
Read ArticleLocal 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
Read ArticleReal 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.
Read ArticleQuick 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.
Lifestyle Ratings
This website is proud to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Austin. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and proximity to parks, family-friendliness, raising pets, transit options, 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 Market District Apartments
What is a cheap apartment in Market District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Market District is under $1,495.
What is the price of a cheap apartment in Market District?
The cheapest apartment in Market District is 6th Street West Apartments Austin which is listed at $1,095, while the average apartment in Market District costs $2,634.
What types of apartments are the cheapest in Market District?
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 69 regular apartments in Market District 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 Market District?
Cheap apartments in Market District have an average cost of $835 which is $1,799 cheaper than the average rent for all rentals in Market District.
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

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.

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.

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.

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

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.

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.

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.

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.