Cheap Apartments for Rent in the Midtown Austin Neighborhood of Austin, TX from $400 (346 Rentals)

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

property at 4709 Harmon Ave

4709 Harmon Ave

AustinTX78751
property at 311 E 31st St

311 E 31st St

AustinTX78705
property at 4105 Speedway

4105 Speedway

AustinTX78751
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Midtown Austin, Austin, TX Local Guide

Cheapest Available Midtown Austin Apartments for Rent

 

The cheapest available apartment rental in the Midtown Austin area of Austin, TX is a Studio unit found at June West Apartments priced from $627. Hidden Gardens has the second lowest priced unit, which is a Studio apartment currently listed from $672. Here are the most affordable Midtown Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
June West ApartmentsStudioStudio,1BA$627
Hidden GardensStudioStudio,1BA$672
Westdale CreekA11BR,1BA$687
VEER ApartmentsCurve- SH50Studio,1BA$725
8907 Parkfield Dr1 Beds, 1 Baths1BR,1BA$745
Centro Studio HomesCentro Studio Home - 2nd FloorStudio,1BA$749
Lowell at Mueller1x1A-Affordable1BR,1BA$750
Avalon Palm ApartmentsEX1Studio,1BA$750
Brook Meadow VillageA21BR,1BA$750
Westdale PointeA21BR,1BA$768

Best Value Apartments for Rent in Midtown Austin, TX

As of November 13, 2025 the best value apartment in the Midtown Austin area is the $1.17 price per square foot B1 Model at Towne Oaks II in the in the Northwest Austin neighborhood starting from $1,200. The second greatest value Midtown Austin apartment is the 2x2B Model at Lowell at Mueller starting at $1,371 with a $1.35 price per square foot in the East Austin neighborhood. Here is today’s list of the best values for Midtown Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Towne Oaks IIB12BR,2BA$1.17
Lowell at Mueller2x2B2BR,2BA$1.35
Brentwood Townhomes2-Bed, 1-Bath2BR,1BA$1.23
The Timbers2 Beds, 2 baths2BR,2BA$1.36
CrestHaus Apartments, LLC2BR/1.5BA2BR,1.5BA$1.27
8907 Parkfield Dr1 Beds, 1 Baths1BR,1BA$0.93
Chateau Avalon of AustinThe Chateau2BR,1BA$1.32
Acacia CliffsA11BR,1BA$1.04
Sunday VillageOne- Bedroom 6A1BR,1BA$1.22
Magnolia FlatsStudioStudio ,1BA$1.36

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Pet Friendly Lifestyle
Midtown Austin, Austin, TX

Ranked #13

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Midtown Austin, Austin, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Texas and customized analysis for Northeastern Austin. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, family-friendly amenities, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Midtown Austin Apartments

What is a cheap apartment in Midtown Austin?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown Austin is under $768.

What is the price of a cheap apartment in Midtown Austin?

The cheapest apartment in Midtown Austin is Westdale Creek which is listed at $651, while the average apartment in Midtown Austin costs $18,995.

What types of apartments are the cheapest in Midtown Austin?

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 613 regular apartments in Midtown Austin 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 Midtown Austin?

Cheap apartments in Midtown Austin have an average cost of $554 which is $18,441 cheaper than the average rent for all rentals in Midtown Austin.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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! 

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

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.