Cheap Apartments for Rent in the Red River District Austin, TX from $700 (43 Rentals)

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

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Penthouse
1 to 3 Bedroom Apartments

Penthouse

1801 Rio Grande StAustin, TX 78701
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21 Rio Apartments
1 to 3 Bedroom Apartments

21 Rio Apartments

2101 Rio GrandeAustin, TX 78705
Student Housing
  • Utilities Included
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The Willows
Studio to 2 Bedroom Apartments

The Willows

600 S 1st StAustin, TX 78704
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South Congress Square
2 Bedroom Apartments

South Congress Square

500 S Congress AveAustin, TX 78704
  • Utilities Included

Red River District, Austin, TX Local Guide

Cheapest Available Red River District Apartments for Rent

 

The cheapest available apartment rental in the Red River District area of Austin, TX is a 1 Bed unit found at Regency - Fabulous landmark Downtown Austin property priced from $995. 1400 Rio Grande Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Red River District apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Regency - Fabulous landmark Downtown Austin property1 Bedroom/1 Bath (696 sq. ft.)1BR,1BA$995
1400 Rio Grande ApartmentsefficiencyStudio,1BA$1,050
Talavera LoftsE1-50%Studio,1BA$1,098
The WillowsPRELEASE NOW FOR SPRING 2026 wilA31BR,1BA$1,199
Rio House Apartments1 Bedroom1BR,1BA$1,200
The ArnoldE1 - AFFORDABLEStudio,1BA$1,230
Lantana Apartments2 bedroom 2 bath2BR,2BA$1,350
East Village ApartmentsSm 1-11BR,1BA$1,400
Sentral East AustinTwo Bedroom - Affordable 16302BR,1BA$1,512

Best Value Apartments for Rent in Red River District, TX

As of August 08, 2025 the best value apartment in the Red River District area is the $2.02 price per square foot 4/2 Model at Pathways at Chalmers Courts East in the in the Town Lake neighborhood starting from $2,841. The second greatest value Red River District apartment is the C7D Model at AMLI Eastside starting at $3,252 with a $2.37 price per square foot in the Town Lake neighborhood. Here is today’s list of the best values for Red River District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pathways at Chalmers Courts East4/24BR,2BA$2.02
AMLI EastsideC7D2BR,2BA$2.37
Nueces Flats#3422BR,2BA$1.97
Villas on Sixth Apartment HomesThe Pecos2BR,2BA$1.91
Lantana ApartmentsTwo-Bedroom Two-Bathroom2BR,2BA$2.06
SoCo on the Lake1E1BR,1BA$2.09
Signature 1909Frisco C2BR,2BA$1.69
Rio House Apartments2 Bedroom2BR,1BA$1.87
Regency - Fabulous landmark Downtown Austin property1 Bedroom/1 Bath (696 sq. ft.)1BR,1BA$1.43
The WillowsPRELEASE NOW FOR SPRING 2026 wilA1Studio ,1BA$2.34

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Pet Friendly Lifestyle
Red River District, Austin, TX

Ranked #52

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Red River District, Austin, and the greater Austin area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Red River District Apartments

What is a cheap apartment in Red River District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Red River District is under $1,512.

What is the price of a cheap apartment in Red River District?

The cheapest apartment in Red River District is Regency - Fabulous landmark Downtown Austin property which is listed at $995, while the average apartment in Red River District costs $7,678.

What types of apartments are the cheapest in Red River District?

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 14 regular apartments in Red River District 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 Red River District?

Cheap apartments in Red River District have an average cost of $830 which is $6,848 cheaper than the average rent for all rentals in Red River District.

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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