Cheap Apartments for Rent in the North University Neighborhood of Austin, TX from $600 (81 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 307 E 31st St

$800 - $1,400

2 Bedroom Rentals

Available Now

307 E 31st St

AustinTX78705

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

property at 3115 Helms St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 2 Bath Condo for Rent

Available Aug 13

3115 Helms St, Unit 108, Unit 108

3115 Helms St
AustinTX78705
property at 706 W 34th St

$1,450 - $1,625

1 To 2 Bedroom Rentals

Available Aug 7

706 W 34th St

AustinTX78705

Cash 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.

close
View Me
VIP Apartments
1 to 3 Bedroom Apartments

VIP Apartments

101 E 33rd StAustin, TX 78705
close
View Me
Elmwood Apartments
Studio to 1 Bedroom Apartments

Elmwood Apartments

500 Elmwood PlAustin, TX 78705
close
View Me
Pepper Tree II
Studio to 2 Bedroom Apartments

Pepper Tree II

408 37th St WAustin, TX 78705
close
View Me
The Jacksonian
Studio to 1 Bedroom Apartments

The Jacksonian

3812 SpeedwayAustin, TX 78751
close
View Me
Greenwood Square
Studio to 2 Bedroom Apartments

Greenwood Square

3101 Tom Green StAustin, TX 78705
  • Utilities Included
close
View Me
The Jocey
1 Bedroom Apartments

The Jocey

301 W 29th StAustin, TX 78705
Student Housing
property at 3206 King St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Condo for Rent

Available Now

3206 King St, Unit 204, Unit 204

3206 King St
AustinTX78705

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.

close
View Me
Studio 34
Studio Apartments

Studio 34

302 E 34th StAustin, TX 78705
close
View Me
The 34 @ Helms
1 Bedroom Apartments

The 34 @ Helms

3405 Helms StAustin, TX 78705
  • Utilities Included
close
View Me
Longhorn Lofts
Studio Apartments

Longhorn Lofts

403 W 38thAustin, TX 78705
close
View Me
Casa 39
1 Bedroom Apartments

Casa 39

301 W 39th StAustin, TX 78751
Student Housing
close
View Me
Sunwest 404 & 502
Studio to 1 Bedroom Apartments

Sunwest 404 & 502

404-502 W 35th StAustin, TX 78705
close
View Me
Castle Arms Apartments
Studio to 2 Bedroom Apartments

Castle Arms Apartments

3121 Speedway StAustin, TX 78705
Student Housing
  • Utilities Included

The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX

Moving to Austin? Get an insider’s guide to managing costs in the Music Capitol. Discover which affordable ATX neighborhoods fit your budget and lifestyle.

Cheapest Available North University Apartments for Rent

 

The cheapest available apartment rental in the North University area of Austin, TX is a Studio unit found at Pinnacle 31 priced from $875. Fountain Terrace Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable North University apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Pinnacle 31EfficiencyStudio,1BA$875
Fountain Terrace ApartmentsS1 Upgraded1BR,1BA$895
305 FlatsStudio - ClassicStudio,1BA$895
621 W 31st StStudioStudio,1BA$950
The Carrells Apartments1 Bed, 1 bath1BR,1BA$995
Speedway 38Lucy's1BR,1BA$999
Oasis at the SpeedwayEasy Tiger1BR,1BA$1,025
Cedar 31Cosmos1BR,1BA$1,050
Monticello Apartments Hyde ParkModel 1Studio,1BA$1,095
MelroyModel 11BR,1BA$1,095

Best Value Apartments for Rent in North University, TX

As of May 21, 2026 the best value apartment in the North University area is the $0.61 price per square foot D3 Model at Point North in the in the East Austin neighborhood starting from $849. The second greatest value North University apartment is the B2 Model at Venue on Guadalupe starting at $1,225 with a $1.17 price per square foot in the Central East Austin neighborhood. Here is today’s list of the best values for North University apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Point NorthD34BR,4BA$0.61
Venue on GuadalupeB22BR,2BA$1.17
1883 at Montgomery House Student LivingB12BR,2BA$1.44
Villas on GuadalupeA2 Loft2BR,1BA$1.66
The Parker at Hyde Park1 Bed 1 Bath1BR,1BA$1.51
The Carrells Apartments1 Bed, 1 bath1BR,1BA$1.53
Cedar 31Cosmos1BR,1BA$1.62
Speedway 38Lucy's1BR,1BA$1.92
Oasis at the SpeedwayEasy Tiger1BR,1BA$2.05
Fountain Terrace ApartmentsA1 Upgraded1BR,1BA$2.24

Frequently Asked Questions about Cheap North University Apartments

What is a cheap apartment in North University?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North University is under $1,095.

What is the price of a cheap apartment in North University?

The cheapest apartment in North University is Fountain Terrace Apartments which is listed at $895, while the average apartment in North University costs $1,788.

What types of apartments are the cheapest in North University?

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 32 regular apartments in North University that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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

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.

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

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.

decorative image for Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers article

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.