Cheap Apartments for Rent in the Northwest Austin Neighborhood of Austin, TX from $400 (419 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

The 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 Article

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 9

Northwest Austin, Austin, TX Local Guide

Cheapest Available Northwest Austin Apartments for Rent

 

The cheapest available apartment rental in the Northwest Austin area of Austin, TX is a Studio unit found at Magnolia Flats priced from $600. The Palms on Lamar has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here are the most affordable Northwest Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Magnolia FlatsStudioStudio,1BA$600
The Palms on Lamar0X1Studio,1BA$600
Hedge ApartmentsSage - AF60Studio,1BA$625
Alara North BurnetStudioStudio,1BA$644
Red OaksSStudio,1BA$649
Copperline at Village OaksS6Studio,1BA$660
Avistar At Wood HollowElmStudio,1BA$700
8907 Parkfield Dr1 Beds, 1 Baths1BR,1BA$745
Centro Studio HomesCentro Studio Home - 2nd FloorStudio,1BA$749
The FielderA1AFF1BR,1BA$749

Best Value Apartments for Rent in Northwest Austin, TX

As of August 19, 2025 the best value apartment in the Northwest Austin area is the $1.19 price per square foot B4 Model at Chevy Chase in the in the Northwest Austin neighborhood starting from $1,500. The second greatest value Northwest Austin apartment is the 2B2B Model at The Olivine starting at $1,225 with a $1.13 price per square foot in the Milwood neighborhood. Here is today’s list of the best values for Northwest Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chevy ChaseB42BR,2BA$1.19
The Olivine2B2B2BR,2BA$1.13
Hidden Gardens2BR/1.0BA2BR,1BA$1.23
MAA Canyon Pointe21A2BR,1BA$1.27
The MeadowsDriskle2BR,2BA$1.22
8907 Parkfield Dr1 Beds, 1 Baths1BR,1BA$0.93
Pecan Creek ApartmentsTwo Bedroom2BR,1BA$1.25
Acacia CliffsA11BR,1BA$1.05
Arbors at Creekside ApartmentsOne- Bedroom 6A1BR,1BA$1.22
Hunters ChaseB1BR,1BA$1.23

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
Northwest Austin, Austin, TX

Ranked #3

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
Northwest Austin, Austin, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in metropolitan areas across the United States including Northwest Austin, Austin, and the greater Austin area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, family-friendly amenities, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Northwest Austin Apartments

What is a cheap apartment in Northwest Austin?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Northwest Austin is under $749.

What is the price of a cheap apartment in Northwest Austin?

The cheapest apartment in Northwest Austin is Magnolia Flats which is listed at $650, while the average apartment in Northwest Austin costs $4,300.

What types of apartments are the cheapest in Northwest Austin?

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 545 regular apartments in Northwest Austin 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 Northwest Austin?

Cheap apartments in Northwest Austin have an average cost of $304 which is $3,996 cheaper than the average rent for all rentals in Northwest Austin.

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 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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.