Cheap Apartments for Rent in the Midtown Austin Neighborhood of Austin, TX from $400 (322 Rentals)

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

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property at 400 W 34th St

400 W 34th St

AustinTX78705

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property at 7929 Gault St

7929 Gault St

AustinTX78757

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Austin's Best Affordable Neighborhoods

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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 1 Bed unit found at Westdale Parke priced from $706. Westdale Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $716. Here are the most affordable Midtown Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Westdale ParkePlan A11BR,1BA$706
Westdale CreekA21BR,1BA$716
Westdale PointeA11BR,1BA$716
Magnolia FlatsStudioStudio,1BA$733
Centro Studio HomesCentro Studio Home - 2nd FloorStudio,1BA$749
The AxelA11BR,1BA$775
VEER ApartmentsSwerve - AF60Studio,1BA$790
Hyde Park PlaceStudioStudio,1BA$795
Ascent at Quail CreekStudioStudio,1BA$799
Ascent at Walnut Creek1X1 A1BR,1BA$799

Best Value Apartments for Rent in Midtown Austin, TX

As of June 23, 2025 the best value apartment in the Midtown Austin area is the $1.41 price per square foot I Model at Towne Oaks in the in the Northwest Austin neighborhood starting from $1,750. The second greatest value Midtown Austin apartment is the 1729 Wooten Park Dr Model at 1729 Wooten Park Dr, Unit 102 starting at $1,399 with a $1.26 price per square foot in the Northwest 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 OaksI2BR,2.5BA$1.41
1729 Wooten Park Dr, Unit 1021729 Wooten Park Dr1BR,1.5BA$1.26
Venue on GuadalupeB12BR,2BA$1.20
Park At CrestviewPC-B22BR,1BA$1.38
Avalon Palm Apartments2x22BR,2BA$1.33
Peaks at Northwest HillsB12BR,2BA$1.42
8907 Parkfield Dr1 Beds, 1 Baths1BR,1BA$1.11
Towne Oaks IIA1BR,1BA$1.43
Acacia CliffsA11BR,1BA$1.10
Fashionaire1 Bedroom 1 Bathroom1BR,1BA$1.36

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Midtown Austin, Austin, TX

Ranked #13

Among neighborhoods in Austin, TX 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 $799.

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

The cheapest apartment in Midtown Austin is Westdale Parke which is listed at $706, while the average apartment in Midtown Austin costs $14,000.

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 211 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 $751 which is $13,249 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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.