Cheap Apartments for Rent in the Riverside Neighborhood of Austin, TX from $500 (148 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
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 Riverside area of Austin.

close
View Me
Lyv Austin
Rent Specials
$679 - $1,520
Total Monthly Price

Total Monthly Price

Base Rent
$679 - $1,520
Total Monthly Price
$679 - $1,520
1 to 2 Bedroom Apartments Available Now

Lyv Austin

2207 Wickersham LnAustin, TX 78741
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Mesh Apartments
Rent Specials
$699 - $1,889
Total Monthly Price

Total Monthly Price

Base Rent
$699 - $1,889
Total Monthly Price
$699 - $1,889
Studio to 3 Bedroom Apartments Available Now

Mesh Apartments

2101 Elmont DrAustin, TX 78741
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article

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.

Read Article
close
View Me
Waterloo Flats
Rent Specials
$864 - $1,713
Total Monthly Price

Total Monthly Price

Base Rent
$864 - $1,713
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Waterloo Flats

1300 Pleasant Valley Rd SAustin, TX 78741
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 2001 Faro Dr

$899

Total Monthly Price

Total Monthly Price

Base Rent
$899
Total Monthly Price
$899

3 Bedroom, 2.5 Bath Condo for Rent

Available Jul 15

2001 Faro Dr, Unit 31D

2001 Faro Dr
AustinTX78741

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
property at 1514 Parker Ln

$1,000 - $1,250

1 Bedroom Rentals

Available Now

1514 Parker Ln

AustinTX78741
close
View Me
Oltera in SoEast
Rent Specials
$1,005 - $1,946
Total Monthly Price

Total Monthly Price

Base Rent
$1,005 - $1,946
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Oltera in SoEast

4404 E Oltorf StAustin, TX 78741
Work From Home
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Crosstown
Rent Specials
$1,048 - $1,898
Total Monthly Price

Total Monthly Price

Base Rent
$1,048 - $1,898
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Crosstown

6507 E Riverside DrAustin, TX 78741
Affordability
  • Verified
  • Customer Reviewed
  • Low Income

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
close
View Me
Urban East
Rent Specials
$1,089 - $2,226
Total Monthly Price

Total Monthly Price

Base Rent
$1,089 - $2,226
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Urban East

6400 E Riverside DrAustin, TX 78741
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Azul Lakeshore
Rent Specials
$1,137 - $2,649
Total Monthly Price

Total Monthly Price

Base Rent
$1,137 - $2,649
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Azul Lakeshore

1201 Lady Bird LnAustin, TX 78741
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-50, Page 1 of 3

Riverside, Austin, TX Local Guide

Cheapest Available Riverside Apartments for Rent

 

The cheapest available apartment rental in the Riverside area of Austin, TX is a 1 Bed unit found at Patten East priced from $613. Array has the second lowest priced unit, which is a 1 Bed apartment currently listed from $640. Here are the most affordable Riverside apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Patten East1x1B1BR,1BA$613
ArrayThe 7001BR,1BA$640
The Brook Apartments1 Bedroom 1/1A1BR,1BA$675
Cascade ApartmentsThe 396Studio,1BA$684
Point South and BridgehollowEfficiencyStudio,1BA$694
Mesh ApartmentsE1-Mesh IIIStudio,1BA$699
Coppertree Apartment HomesCoventry1BR,1BA$699
Parker HeightsAffordable Studio Living in Riverside — Startin...Studio,1BA$700
Verde ApartmentsA2 - Premium1BR,1BA$749
Emerson Apartments at Town LakeStudioERStudio,1BA$750

Best Value Apartments for Rent in Riverside, TX

As of July 03, 2026 the best value apartment in the Riverside area is the $1.19 price per square foot The 1427 Model at Array in the in the South River City neighborhood starting from $1,702. The second greatest value Riverside apartment is the C1R Model at The Aspect starting at $1,644 with a $1.19 price per square foot in the Oltorf-East Riverside neighborhood. Here is today’s list of the best values for Riverside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ArrayThe 14273BR,2BA$1.19
The AspectC1R3BR,2BA$1.19
Villages at East RiversideThree Bedroom3BR,3BA$1.24
Paradise Oaks ApartmentsC13BR,2BA$1.14
Lyv AustinB42BR,2BA$1.26
Ballpark North3x3 UG3BR,3BA$0.69
Forest Creek Apartments2 Bedroom B12BR,2BA$1.17
South ShoreThe Retreat: 2/2 (912) at South Shore2BR,2BA$1.21
Verde ApartmentsB1 - Premium2BR,1BA$1.17
Hillside PlaceA11BR,1BA$1.25

Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers

The Austin job market is booming, but where should you live? Discover the most affordable and charming neighborhoods that put you minutes from Dell Seton, IBM, and Dell.

Read Article
Decorative image

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Local Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Austin, TX metro area for affordable living. Find your perfect Austin Student apartment, condo, or rental home today at ApartmentHomeliving.com

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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
Riverside, Austin, TX

Ranked #30

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
Riverside, Austin, TX

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Austin. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Riverside Apartments

What is a cheap apartment in Riverside?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverside is under $750.

What is the price of a cheap apartment in Riverside?

The cheapest apartment in Riverside is Patten East which is listed at $613, while the average apartment in Riverside costs $1,625.

What types of apartments are the cheapest in Riverside?

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 154 regular apartments in Riverside 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 Riverside?

Cheap apartments in Riverside have an average cost of $304 which is $1,321 cheaper than the average rent for all rentals in Riverside.

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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.