Cheap Homes for Rent in Midtown Austin Neighborhood of Austin, TX from $400 (143 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 4405 Avenue A

4405 Avenue A

AustinTX78751
property at 2704 San Pedro St

2704 San Pedro St

AustinTX78705
property at 4406 Avenue C

4406 Avenue C

AustinTX78751
property at 7920 Rockwood Ln

7920 Rockwood Ln

AustinTX78757
property at 8888 Tallwood Dr

8888 Tallwood Dr

AustinTX78759
property at 1200 E 52nd St

1200 E 52nd St

AustinTX78723
Showing Results 1-50, Page 1 of 3

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 The Vibe Apartments priced from $650. Alara North Burnet has the second lowest priced unit, which is a Studio apartment currently listed from $656. Here are the most affordable Midtown Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
The Vibe ApartmentsA21BR,1BA$650
Alara North BurnetStudioStudio,1BA$656
Avistar At Wood HollowElmStudio,1BA$700
Chevy ChaseA11BR,1BA$723
Westdale CreekA21BR,1BA$741
8907 Parkfield Dr1 Beds, 1 Baths1BR,1BA$745
WoodstoneA1-R1BR,1BA$747
Brook Meadow VillageS11BR,1BA$750
The AxelA11BR,1BA$775
Acacia CliffsA11BR,1BA$782

Best Value Apartments for Rent in Midtown Austin, TX

As of September 17, 2025 the best value apartment in the Midtown Austin area is the $1.08 price per square foot B11 Model at Venue on Guadalupe in the in the Central East Austin neighborhood starting from $1,303. The second greatest value Midtown Austin apartment is the B1 Model at Towne Oaks II starting at $1,300 with a $1.27 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.
Venue on GuadalupeB112BR,2BA$1.08
Towne Oaks IIB12BR,2BA$1.27
Hidden Gardens2x12BR,1BA$1.23
Avalon Palm Apartments2x22BR,2BA$1.33
Magnolia Flats2x12BR,1BA$1.10
Chevy ChaseB12BR,1BA$1.22
8907 Parkfield Dr1 Beds, 1 Baths1BR,1BA$0.93
Chateau Avalon of AustinThe Chateau2BR,1BA$1.32
Acacia CliffsA11BR,1BA$1.04
Sunday VillegeOne- Bedroom 6A1BR,1BA$1.22

Quick 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.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

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 674 Apartments for Rent in Midtown Austin, TX with pricing that ranges from $695 to $9,400. There are also 552 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midtown Austin ranging from $495 to $17,500.

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 $495 to $17,500 with an average monthly rent of $4,191.

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 $4,480, while Three Bedroom Homes, Condos, and Townhomes for rent range from $680 to $6,000. Four Bedroom Single-Family rentals are also available starting from $560 and Four Bedroom Apartments start at $2,150.

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 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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.