Cheap Apartments for Rent in the Midtown Austin Neighborhood of Austin, TX from $400 (357 Rentals) Page 3 of 8

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

property at 8405 Bent Tree Rd

$1,095 - $1,295

1 To 2 Bedroom Rentals

Available Jan 9, 2026

8405 Bent Tree Rd

AustinTX78759
property at 1105 Clayton Ln

$1,099 - $1,249

1 To 2 Bedroom Rentals

Available Jan 1, 2026

1105 Clayton Ln

AustinTX78723
property at 4010 Speedway

$1,100 - $1,650

1 To 2 Bedroom Rentals

Available Now

4010 Speedway

AustinTX78751
property at 1101 Clayton Ln

$1,149 - $1,349

1 To 2 Bedroom Rentals

Available Now

1101 Clayton Ln

AustinTX78723
property at 202 E 32nd St

$765 - $1,150

Studio Rentals

Available Now

202 E 32nd St

AustinTX78705
property at 4209 Avenue B

$1,150 - $1,225

Studio To 1 Bedroom Rentals

Available Jul 24, 2026

4209 Avenue B

AustinTX78751
property at 2818 Nueces St

$1,200 - $1,250

1 Bedroom Rentals

Available Aug 1, 2026

2818 Nueces St

AustinTX78705
Showing Results 101-150, Page 3 of 8

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 $750.

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

The cheapest apartment in Midtown Austin is The Abali Apartments which is listed at $625, 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 616 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 $527 which is $18,468 cheaper than the average rent for all rentals in Midtown Austin.

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

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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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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin

Written by: Raul Mercado

For many people the College years are some of the best years of your life. And you can certainly make the most of those years by finding the perfect place around your campus to call home.

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Beyond "Keep Austin Weird": Your Insiders Ultimate Guide to Renting and Living in Austin, Texas

Written by: Raul Mercado

Hi, I’m Raul, the ApartmentHomeLiving.com Local Guide for Austin. I’ve called the area home long enough to know all the shortcuts and best places to check out and am happy to share them with you today.

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Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers

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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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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!