Cheap Apartments for Rent in the North University Neighborhood of Austin, TX from $500 (56 Rentals)

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

property at 311 E 31st St

311 E 31st St

AustinTX78705

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property at 630 Maiden Ln

630 Maiden Ln

AustinTX78705

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property at 3115 Helms St

3115 Helms St

AustinTX78705
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VIP Apartments
1 Bedroom Apartments

VIP Apartments

101 E 33rd StAustin, TX 78705
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Pepper Tree II
Studio to 1 Bedroom Apartments

Pepper Tree II

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

The Jacksonian

3812 SpeedwayAustin, TX 78751
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Studio 34
Studio Apartments

Studio 34

302 E 34th StAustin, TX 78705

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301 W 29th St
1 Bedroom Apartments

301 W 29th St

301 W 29th StAustin, TX 78705
Student Housing
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The 34 @ Helms
1 Bedroom Apartments

The 34 @ Helms

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

Longhorn Lofts

403 W 38thAustin, TX 78705
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Greenwood Square
Studio Apartments

Greenwood Square

3101 Tom Green StAustin, TX 78705
  • Utilities Included
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Castle Arms Apartments
Studio to 2 Bedroom Apartments

Castle Arms Apartments

3121 Speedway StAustin, TX 78705
Student Housing
  • Utilities Included
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Chimney Sweep
Studio to 1 Bedroom Apartments

Chimney Sweep

105 W 38 1/2 StAustin, TX 78751

Austin's Best Affordable Neighborhoods

Learn about Austin and the best places to live with original content written by our Austin, TX Local Expert Raul Mercado

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 City View at Mueller priced from $850. Mauna Kai Austin has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here are the most affordable North University apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
City View at MuellerS1Studio,1BA$850
Mauna Kai AustinModel A/BStudio,1BA$975
Nova HouseA11BR,1BA$995
Fountain Terrace ApartmentsS1 UpgradedStudio,1BA$995
Greenwood SquareStudio-Studio,1BA$999
Oasis at the SpeedwayEasy Tiger1BR,1BA$1,025
621 W 31st StStudioStudio,1BA$1,050
Chimney SweepStudio- GoldStudio,1BA$1,099
Speedway 38Austin Java1BR,1BA$1,125
Chevy ChaseB12BR,1BA$1,199

Best Value Apartments for Rent in North University, TX

As of June 18, 2025 the best value apartment in the North University area is the $1.04 price per square foot D1 Model at Point North Student Living in the in the East Austin neighborhood starting from $1,389. The second greatest value North University apartment is the B1 Model at Venue on Guadalupe starting at $1,210 with a $1.20 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 North Student LivingD14BR,4BA$1.04
Venue on GuadalupeB12BR,2BA$1.20
Stone Hill Apartments2-Bedroom2BR,2BA$1.77
Chevy ChaseB12BR,1BA$1.41
Villas on GuadalupeA2 Loft2BR,1BA$1.68
Nova HouseB12BR,1BA$2.13
Cedar 31Cosmos1BR,1BA$1.92
Speedway 38Lucy's1BR,1BA$2.21
Oasis at the SpeedwayEasy Tiger1BR,1BA$2.05
City View at MuellerS1Studio ,1BA$2.07

Getting Around the North University Neighborhood in Austin, TX

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

93 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

66 / 100

Good Transit

Many nearby public transportation options

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 $1,199.

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

The cheapest apartment in North University is City View at Mueller which is listed at $915, while the average apartment in North University costs $14,000.

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

How do the prices of cheap apartments compare to the average apartment in North University?

Cheap apartments in North University have an average cost of $580 which is $13,420 cheaper than the average rent for all rentals in North University.

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

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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.