Cheap Apartments for Rent in the Riverside Neighborhood of Austin, TX from $500 (74 Rentals)

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

property at 1602 Parker Ln

1602 Parker Ln

AustinTX78741
Showing Results 1-50, Page 1 of 2

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 Mesh Apartments priced from $699. Grace Woods has the second lowest priced unit, which is a 1 Bed apartment currently listed from $716. Here are the most affordable Riverside apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Mesh ApartmentsE1-Mesh IIIStudio,1BA$699
Grace WoodsA31BR,1BA$716
CoppertreeCamden1BR,1BA$729
Hillside CreekA31BR,1BA$731
Emerson ApartmentsSTUDIOStudio,1BA$748
The Patten West11ALStudio,1BA$749
Forest Creek Apartments1 Bedroom A21BR,1BA$750
Array1A1BR,1BA$755
The SpokeA11BR,1BA$759
Parker Lane ApartmentsTwo Bedroom2BR,2BA$770

Best Value Apartments for Rent in Riverside, TX

As of June 29, 2025 the best value apartment in the Riverside area is the $1.31 price per square foot Three Bedroom Model at Estates at East Riverside in the in the Oltorf-East Riverside neighborhood starting from $1,498. The second greatest value Riverside apartment is the Three Bedroom Model at Frontier East Apartments starting at $1,350 with a $1.22 price per square foot in the 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.
Estates at East RiversideThree Bedroom3BR,3BA$1.31
Frontier East ApartmentsThree Bedroom3BR,2BA$1.22
Hillside CreekB32BR,2BA$1.33
Parker Lane ApartmentsTwo Bedroom2BR,2BA$0.75
Jewel Apartment HomesB22BR,2BA$1.34
Aria GrandB12BR,2BA$1.38
BelaraB12BR,2BA$1.31
Easton Hills1 Bedroom 1 Bath1BR,1BA$1.28
South ShoreThe Oasis: 1/1 at Avesta South Shore1BR,1BA$1.26
Forest Creek Apartments1 Bedroom A11BR,1BA$1.19

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Riverside, Austin, TX

Ranked #25

Among neighborhoods in Austin, TX 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.

Getting Around the Riverside Neighborhood in Austin, TX

Walk Score®

93 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

94 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $770.

What is the price of a cheap apartment in Riverside?

The cheapest apartment in Riverside is Grace Woods which is listed at $716, while the average apartment in Riverside costs $2,129.

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 276 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 $425 which is $1,704 cheaper than the average rent for all rentals in Riverside.

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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