
Cheap Homes for Rent in Midtown Austin Neighborhood of Austin, TX from $600 (179 Rentals)
Search the lowest-cost Homes available for rent right now in the Midtown Austin area of Austin.


Room in Shared 4 bed/2 bath home

Room in Condo on E Hill Dr

3506 Speedway St

4518 Speedway

5701 Woodrow Ave

609 Bissonet Ln

9803 Chukar Cir

935 La Posada Dr

3703 Harmon Ave
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.

935 La Posada Dr

7300 Twin Crest Dr

2815 Rio Grande St

806 W 32nd St

2301 Ohlen Rd

305 W 35th St

2301 Ohlen Rd

2803 Hemphill Park

Room in Apartment on West Loop

2802 Nueces St
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.

4406 Avenue C

3404 Grooms St

4701 Red River St

304 E 33rd St

3506 Speedway

1200 E 52nd St

3503 Harmon Ave

3503 Harmon Ave

4010 Speedway

3000 Guadalupe St
Beyond "Keep Austin Weird": Your Insider's Ultimate Guide to Renting and Living in Austin, Texas
Moving to Austin, TX? We are Here to Help. Our Local Expert Breaks Down the Commute reality, Renting Around the City, the Job Scene, and Shares Recommendations for 5 Great Austin Neighborhoods You Should Explore First.

2801 Hemphill Park

701 Nelray Blvd

2704 San Pedro St

7801 Shoal Creek Blvd

621 W 37th St

7920 Rockwood Ln

6910 Hart Ln

4501 Speedway

2808 Whitis Ave

7685 Northcross Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

2011 West Loop

2106 Cullen Ave

3316 Guadalupe St

8210 Sam Rayburn Dr

401 W 38th St

3316 Guadalupe St, Unit 206

4409 W Guadalupe St

3206 King St

8888 Tallwood Dr

612 W 51st St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Midtown Austin, Austin, TX Local Guide

How much does it cost to rent a home in Midtown Austin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midtown Austin 2 Bedroom Homes for Rent | $1,856 | $895 | $4,000 |
| Midtown Austin 3 Bedroom Homes for Rent | $3,009 | $1,400 | $8,500 |
| Midtown Austin 4 Bedroom Homes for Rent | $3,922 | $650 | $10,000+ |
| Midtown Austin 5 Bedroom Homes for Rent | $5,210 | $1,998 | $10,000+ |
| Midtown Austin 6 Bedroom Homes for Rent | $6,510 | $750 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 179 rentals with your search options within a 2 mile radius of the Midtown Austin Neighborhood of Austin, TX.
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Midtown Austin, Austin, TX Local Guide
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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 The Palms on Lamar priced from $649. Westdale Parke has the second lowest priced unit, which is a 1 Bed apartment currently listed from $682. Here are the most affordable Midtown Austin apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Palms on Lamar | 0X1 | Studio,1BA | $649 |
| Westdale Parke | Plan A2 | 1BR,1BA | $682 |
| Centro Studio Homes | Centro Studio Home - 2nd Floor | Studio,1BA | $699 |
| Avalon Palm Apartments | EX1 | Studio,1BA | $700 |
| Westdale Pointe | A1 | 1BR,1BA | $708 |
| The Courtmoor on Cameron | A1 | 1BR,1BA | $725 |
| Waterford Studios | S2 - Starting at $739! | Studio,1BA | $739 |
| Villas del Sol | 400 Upgrade 1st Floor | Studio,1BA | $750 |
| Summit at Hyde Park | 1x1B - Classic | 1BR,1BA | $752 |
| Alara North Burnet | Studio | Studio,1BA | $783 |
Best Value Apartments for Rent in Midtown Austin, TX
As of February 24, 2026 the best value apartment in the Midtown Austin area is the $0.95 price per square foot B4 Loft Model at Villas on Guadalupe in the in the Central East Austin neighborhood starting from $1,080. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas on Guadalupe | B4 Loft | 3BR,2BA | $0.95 |
| Towne Oaks II | B1 | 2BR,2BA | $1.17 |
| Hidden Gardens | 2x1 | 2BR,1BA | $1.03 |
| Brentwood Townhomes | 2-Bed, 1-Bath | 2BR,1BA | $1.34 |
| Magnolia Flats | 2x1 | 2BR,1BA | $1.10 |
| City View at Mueller | B2 | 2BR,1BA | $1.14 |
| Chateau Avalon of Austin | The Chateau | 2BR,1BA | $1.23 |
| Acacia Cliffs | A1 | 1BR,1BA | $1.07 |
| Sunday Village | One- Bedroom 6A | 1BR,1BA | $1.22 |
| Fashionaire | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.28 |
Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers
The Austin job market is booming, but where should you live? Discover the most affordable and charming neighborhoods that put you minutes from Dell Seton, IBM, and Dell.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleLocal Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Austin, TX metro area for affordable living. Find your perfect Austin Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick 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.
Pet Friendly LifestyleMidtown Austin, Austin, TX
Ranked #13
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 672 Apartments for Rent in Midtown Austin, TX with pricing that ranges from $700 to $18,995. There are also 493 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Austin ranging from $650 to $18,000.
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 $18,000 with an average monthly rent of $4,232.
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 $5,039, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $8,500. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $875.
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

The 10 Best Affordable Neighborhoods in Austin, TX
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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.

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.

Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers
Written by: Raul Mercado
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.