Cheap Homes for Rent in Midtown Austin Neighborhood of Austin, TX from $700 (171 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 4406 Avenue C

4406 Avenue C

AustinTX78751

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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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 The Abali Apartments priced from $596. The Palms on Lamar has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here are the most affordable Midtown Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
The Abali ApartmentsA1Studio,1BA$596
The Palms on Lamar0X1Studio,1BA$600
Avistar At Wood HollowElmStudio,1BA$700
Magnolia FlatsStudioStudio,1BA$733
Centro Studio HomesCentro Studio Home - 2nd FloorStudio,1BA$749
The AxelA11BR,1BA$775
VEER ApartmentsSwerve - AF60Studio,1BA$790
8907 Parkfield Dr1 Beds, 1 Baths1BR,1BA$795
Acacia CliffsA11BR,1BA$796
Alara North BurnetStudioStudio,1BA$799

Best Value Apartments for Rent in Midtown Austin, TX

As of July 31, 2025 the best value apartment in the Midtown Austin area is the $1.31 price per square foot C1 Model at June West Apartments in the in the Northwest Austin neighborhood starting from $1,481. The second greatest value Midtown Austin apartment is the 2BR/1.0BA Model at Hidden Gardens starting at $1,225 with a $1.23 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.
June West ApartmentsC13BR,2BA$1.31
Hidden Gardens2BR/1.0BA2BR,1BA$1.23
Avalon Palm Apartments2x22BR,2BA$1.33
Chevy ChaseB12BR,1BA$1.23
North 40Building C - 2 Bed 1 Bath2BR,1BA$1.29
8907 Parkfield Dr1 Beds, 1 Baths1BR,1BA$0.99
Towne Oaks IIA1BR,1BA$1.33
Acacia CliffsA11BR,1BA$1.06
Arbors at Creekside ApartmentsOne- Bedroom 6A1BR,1BA$1.22
Fashionaire1 Bedroom 1 Bathroom1BR,1BA$1.36

Quick Rent Budget Calculator

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Frequently Asked Questions about Midtown Austin

What type of rentals are currently available in Midtown Austin?

There are currently 663 Apartments for Rent in Midtown Austin, TX with pricing that ranges from $596 to $14,000. There are also 527 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Austin ranging from $700 to $35,000.

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 $700 to $35,000 with an average monthly rent of $3,932.

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 $760 to $35,000. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $1,114.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.