Cheap Apartments for Rent in the Market District Austin, TX from $600 (52 Rentals)

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

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.

property at 808 Winflo Dr

808 Winflo Dr

AustinTX78703

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.

property at 908 W 21st St

908 W 21st St

AustinTX78705

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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West Campus Flats
Studio Apartments

West Campus Flats

2102-2106 San Gabriel StAustin, TX 78705
  • Utilities Included
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Penthouse
1 to 3 Bedroom Apartments

Penthouse

1801 Rio Grande StAustin, TX 78701
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Eden Roc
1 to 2 Bedroom Apartments

Eden Roc

1204 Elm StAustin, TX 78703
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808 Winflo Dr
Studio Apartments

808 Winflo Dr

808 Winflo DrAustin, TX 78703
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The Willows
Studio to 2 Bedroom Apartments

The Willows

600 S 1st StAustin, TX 78704

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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601 W 11th St
1 to 2 Bedroom Apartments

601 W 11th St

601 W 11th StAustin, TX 78701
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Enfield Place
1 to 2 Bedroom Apartments

Enfield Place

1610 Enfield RdAustin, TX 78703
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Enfield House
1 to 2 Bedroom Apartments

Enfield House

1708 Enfield RdAustin, TX 78703
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Lorrain
1 to 3 Bedroom Apartments

Lorrain

1401 Enfield RdAustin, TX 78703
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Park Place
1 to 2 Bedroom Apartments

Park Place

1301 W 9th StAustin, TX 78703
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24 Flats
Studio to 2 Bedroom Apartments

24 Flats

1515 Palma PlzAustin, TX 78703

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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Elle West Ave
Studio to 3 Bedroom Apartments

Elle West Ave

300 West AveAustin, TX 78701
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The Halifax
1 to 2 Bedroom Apartments

The Halifax

807 W Lynn StAustin, TX 78703
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XThe Chateau
Studio to 1 Bedroom Apartments

XThe Chateau

1211 W 8th StAustin, TX 78703
  • Utilities Included

Market District, Austin, TX Local Guide

Cheapest Available Market District Apartments for Rent

 

The cheapest available apartment rental in the Market District area of Austin, TX is a 2 Beds unit found at Villas on Rio priced from $690. West Campus Flats has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Market District apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Villas on RioB2A-SHARED2BR,2BA$690
West Campus FlatsMini StudioStudio,1BA$995
1400 Rio Grande ApartmentsefficiencyStudio,1BA$1,050
6th Street West Apartments AustinOne Bedroom1BR,1BA$1,195
Waterston ApartmentsUnit 1Studio,1BA$1,195
Rio House Apartments1 Bedroom1BR,1BA$1,200
Townhollow Apartmentse2-510 (Designer)Studio,1BA$1,225
Diplomat Apartments1BR/1BA Full Unit1BR,1BA$1,250
Lantana Apartments2 bedroom 2 bath2BR,2BA$1,350
Placemakr Downtown AustinS3Studio,1BA$1,369

Best Value Apartments for Rent in Market District, TX

As of September 21, 2025 the best value apartment in the Market District area is the $0.83 price per square foot D1 - Trinity Model at Union on San Antonio in the in the Central East Austin neighborhood starting from $1,050. The second greatest value Market District apartment is the #342 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Union on San AntonioD1 - Trinity4BR,4BA$0.83
Nueces Flats#3422BR,2BA$1.97
Lantana ApartmentsTwo-Bedroom Two-Bathroom2BR,2BA$2.06
Windsor South LamarA101BR,1BA$2.37
Villas on RioB2A-SHARED2BR,2BA$0.82
SoCo on the Lake1E1BR,1BA$2.19
Rio House Apartments2 Bedroom2BR,1BA$1.87
South Congress SquareA11BR,1BA$2.26
Signature 1909Frisco A2BR,2BA$2.15
Diplomat Apartments1BR/1BA Full Unit1BR,1BA$2.08

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
Market District, Austin, TX

Ranked #38

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Getting Around the Market District Neighborhood in Austin, TX

Walk Score®

99 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

91 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

67 / 100

Good Transit

Many nearby public transportation options

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 $1,369.

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 $1,195, while the average apartment in Market District costs $12,703.

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 20 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 $584 which is $12,119 cheaper than the average rent for all rentals in Market District.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.