Cheap Apartments for Rent in the Riverside Neighborhood of Austin, TX from $500 (126 Rentals)

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

property at 1901 Crossing Pl

$635

Total Monthly Price

Total Monthly Price

Base Rent
$635
Total Monthly Price
$635

4 Bedroom, 4 Bath Condo for Rent

Available Now

1901 Crossing Pl

AustinTX78741

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Round Rock, Buda, Cedar Park, and more — Austin's surrounding metros offer incredible value for renters. Our local expert compares the best surrounding cities so you can find more space, lower rent, and a great quality of life just minutes from the city.

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Residences at Rubi
Rent Specials
$761 - $1,744
Total Monthly Price

Total Monthly Price

Base Rent
$761 - $1,744
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Varies
Studio to 2 Bedroom Apartments Available Now

Residences at Rubi

1418 Frontier Valley DrAustin, TX 78741
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Mesh Apartments
Rent Specials
$829 - $1,529
Total Monthly Price

Total Monthly Price

Base Rent
$829 - $1,529
Total Monthly Price
$829 - $1,529
Studio to 3 Bedroom Apartments Available Now

Mesh Apartments

2101 Elmont DrAustin, TX 78741
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Waterloo Flats
Rent Specials
$840 - $1,696
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$840 - $1,696
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Studio to 3 Bedroom Apartments Available Now

Waterloo Flats

1300 Pleasant Valley Rd SAustin, TX 78741
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Lyv Austin
Rent Specials
$849 - $1,575
Total Monthly Price

Total Monthly Price

Base Rent
$849 - $1,575
Total Monthly Price
$849 - $1,575
1 to 2 Bedroom Apartments Available Now

Lyv Austin

2207 Wickersham LnAustin, TX 78741
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Trio
Rent Specials
$889 - $2,629
Total Monthly Price

Total Monthly Price

Base Rent
$889 - $2,629
Total Monthly Price
$889 - $2,629
1 to 2 Bedroom Apartments Available Now

Trio

2317 S Pleasant Valley RdAustin, TX 78741
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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.

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Crosstown
Rent Specials
$993 - $1,818
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$993 - $1,818
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Studio to 2 Bedroom Apartments Available Now

Crosstown

6507 E Riverside DrAustin, TX 78741
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Oltera in SoEast
Rent Specials
$1,029 - $1,922
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Base Rent
$1,029 - $1,922
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Studio to 3 Bedroom Apartments Available Now

Oltera in SoEast

4404 E Oltorf StAustin, TX 78741
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Urban East
Rent Specials
$1,062 - $2,123
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$1,062 - $2,123
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Studio to 3 Bedroom Apartments Available Now

Urban East

6400 E Riverside DrAustin, TX 78741
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Beyond "Keep Austin Weird": Your Insider's Ultimate Guide to Renting and Living in Austin, Texas

Moving to Austin, TX? We are Here to Help. Our Local Expert Breaks Down the Commute reality, Renting Around the City, the Job Scene, and Shares Recommendations for 5 Great Austin Neighborhoods You Should Explore First.

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Azul Lakeshore
Rent Specials
$1,112 - $2,634
Total Monthly Price

Total Monthly Price

Base Rent
$1,112 - $2,634
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Sep 16

Azul Lakeshore

1201 Lady Bird LnAustin, TX 78741
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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.

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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 Studio unit found at Emerson Apartments at Town Lake priced from $599. Array has the second lowest priced unit, which is a 1 Bed apartment currently listed from $606. Here are the most affordable Riverside apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Emerson Apartments at Town LakeStudioERStudio,1BA$599
ArrayThe 7001BR,1BA$606
Cascade ApartmentsThe 4841BR,1BA$622
Parker HeightsChoose Your Special! Affordable Studio Living i...Studio,1BA$635
Chevy Chase Downs1BR/1BA1BR,1BA$649
Vi CollinaA11BR,1BA$674
The Brook Apartments1 Bedroom 1/1A1BR,1BA$675
Patten East1x1C1BR,1BA$676
Hillside CreekA11BR,1BA$687
Point South and BridgehollowEfficiencyStudio,1BA$694

Best Value Apartments for Rent in Riverside, TX

As of August 20, 2026 the best value apartment in the Riverside area is the $1.09 price per square foot The 1427 Model at Array in the in the South River City neighborhood starting from $1,557. The second greatest value Riverside apartment is the D1 Model at Paradise Oaks Apartments starting at $1,446 with a $1.08 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$1.09
Paradise Oaks ApartmentsD14BR,2BA$1.08
Villages at East RiversideTwo Bedroom2BR,2BA$1.18
Forest Creek Apartments2 Bedroom B22BR,2BA$1.14
South ShoreThe Retreat: 2/2 (912) at South Shore2BR,2BA$1.19
Vi CollinaB22BR,2BA$1.22
Acclaim at South Congress1 Bedroom 1 Bath1BR,1BA$1.13
Polaris on the Park1 Bedroom1BR,1BA$1.25
Verde ApartmentsA2 - Premium1BR,1BA$1.24
Chevy Chase Downs1BR/1BA1BR,1BA$1.24

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.

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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.

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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

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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.

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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.

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Pet Friendly Lifestyle
Riverside, Austin, TX

Ranked #27

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $694.

What is the price of a cheap apartment in Riverside?

The cheapest apartment in Riverside is Array which is listed at $606, while the average apartment in Riverside costs $1,389.

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 137 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 $264 which is $1,125 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.

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