Cheap Homes for Rent in Riverside Neighborhood of Austin, TX from $500 (37 Rentals)

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

property at 2314 Parker Ln

2314 Parker Ln

AustinTX78741
property at 2124 Burton Dr

2124 Burton Dr

AustinTX78741
property at 1304 Summit St

1304 Summit St

AustinTX78741
property at 1202 Newning Ave

1202 Newning Ave

AustinTX78704
Showing Results 1-37, Page 1 of 1

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 Verde Apartments priced from $650. Hillside Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Riverside apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Verde ApartmentsA21BR,1BA$650
Hillside PlaceA11BR,1BA$650
Vi CollinaA11BR,1BA$674
Chevy Chase Downs1BR/1BA1BR,1BA$699
Forest Creek Apartments1 Bedroom A21BR,1BA$699
The Social ApartmentsThe Chiller1BR,1BA$718
Mesh ApartmentsE1-Mesh IIIStudio,1BA$719
Hillside CreekA11BR,1BA$729
Patten East1x1B1BR,1BA$729
The SpokeA11BR,1BA$759

Best Value Apartments for Rent in Riverside, TX

As of November 15, 2025 the best value apartment in the Riverside area is the $1.10 price per square foot 2708 Saint Edwards Cir Model at 2708 Saint Edwards Cir, Unit A in the in the Riverside neighborhood starting from $1,695. The second greatest value Riverside apartment is the 3 Bedroom 2 Bath Model at Acclaim at South Congress starting at $1,299 with a $1.05 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.
2708 Saint Edwards Cir, Unit A2708 Saint Edwards Cir2BR,1BA$1.10
Acclaim at South Congress3 Bedroom 2 Bath3BR,2BA$1.05
Frontier East ApartmentsThree Bedroom3BR,2BA$1.22
BelaraB22BR,2BA$1.15
Avonmora Apartments3 Bed, 2 Bath (80% Income Restricted)3BR,2BA$0.99
The Metropolis ApartmentsB22BR,2BA$1.21
South ShoreThe Villa: 2/2 (948) at South Shore2BR,2BA$1.05
Hillside CreekB12BR,2BA$1.22
Ovation Apartments2 Bed, 2 Bath2BR,2BA$1.14
The Social ApartmentsThe Chiller1BR,1BA$1.14

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Pet Friendly Lifestyle
Riverside, Austin, TX

Ranked #28

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

Frequently Asked Questions about Riverside

What type of rentals are currently available in Riverside?

There are currently 177 Apartments for Rent in Riverside, TX with pricing that ranges from $575 to $15,032. There are also 197 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverside ranging from $595 to $15,000.

What is the current price range for Rental Homes in Riverside?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverside ranges from $595 to $15,000 with an average monthly rent of $4,104.

How much are larger Three and Four Bedroom Rentals in Riverside?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Riverside range from $685 to $7,014, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $13,000. Four Bedroom Single-Family rentals are also available starting from $635 and Four Bedroom Apartments start at $575.

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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The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.