Cheap Homes for Rent in Midtown Austin Neighborhood of Austin, TX from $600 (230 Rentals)

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

property at 4406 Avenue C

4406 Avenue C

AustinTX78751
property at 4010 Speedway

4010 Speedway

AustinTX78751
property at 4010 Speedway

4010 Speedway

AustinTX78751
property at 2301 Ohlen Rd

2301 Ohlen Rd

AustinTX78757
property at 3503 Harmon Ave

3503 Harmon Ave

AustinTX78705
property at 3506 Speedway

3506 Speedway

AustinTX78705
property at 2704 San Pedro St

2704 San Pedro St

AustinTX78705
Showing Results 1-50, Page 1 of 5

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 Magnolia Flats priced from $600. June West Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $627. Here are the most affordable Midtown Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Magnolia FlatsStudioStudio,1BA$600
June West ApartmentsStudioStudio,1BA$627
Westdale CreekA11BR,1BA$651
Hidden GardensStudioStudio,1BA$672
Ironhorse Flats1BR/1BA - Reading1BR,1BA$700
VEER ApartmentsCurve- SH50Studio,1BA$725
8907 Parkfield Dr1 Beds, 1 Baths1BR,1BA$745
Centro Studio HomesCentro Studio Home - 2nd FloorStudio,1BA$749
Avalon Palm ApartmentsEX1Studio,1BA$750
Brook Meadow VillageA21BR,1BA$750

Best Value Apartments for Rent in Midtown Austin, TX

As of November 17, 2025 the best value apartment in the Midtown Austin area is the $1.33 price per square foot B4 Model at Chevy Chase Apartments in the in the Northwest Austin neighborhood starting from $1,409. The second greatest value Midtown Austin apartment is the B1 Model at Towne Oaks II starting at $1,200 with a $1.17 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.
Chevy Chase ApartmentsB42BR,2BA$1.33
Towne Oaks IIB12BR,2BA$1.17
Brentwood Townhomes2-Bed, 1-Bath2BR,1BA$1.23
The Timbers2 Beds, 2 baths2BR,2BA$1.36
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
Villas on GuadalupeA1 Loft2BR,1BA$1.28
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

Frequently Asked Questions about Midtown Austin

What type of rentals are currently available in Midtown Austin?

There are currently 688 Apartments for Rent in Midtown Austin, TX with pricing that ranges from $600 to $18,995. There are also 594 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Austin ranging from $650 to $13,000.

What is the current price range for Rental Homes in Midtown Austin?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Midtown Austin ranges from $650 to $13,000 with an average monthly rent of $4,584.

How much are larger Three and Four Bedroom Rentals in Midtown Austin?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Midtown Austin range from $845 to $4,829, while Three Bedroom Homes, Condos, and Townhomes for rent range from $710 to $9,000. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $875.

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.

decorative image for The 10 Best Affordable Neighborhoods in Austin, TX article

The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

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.