Cheap Homes for Rent in Riverside Neighborhood of Austin, TX from $500 (50 Rentals)

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

property at 6212 Marigold Ter

$878

Total Monthly Price

Total Monthly Price

Base Rent
$878
Total Monthly Price
$878

2 Bedroom, 1 Bath Home for Rent

Available Now

6212 Marigold Ter

AustinTX78741
property at 2124 Burton Dr

$780 - $1,650

Studio To 2 Bedroom Rentals

Available Now

2124 Burton Dr

AustinTX78741
property at 1514 Parker Ln

$1,000 - $1,250

1 Bedroom Rentals

Available Now

1514 Parker Ln

AustinTX78741

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.

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property at 2500 Burleson Rd

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

1 Bedroom, 1 Bath Condo for Rent

Available Now

2500 Burleson Rd, Unit 210

2500 Burleson Rd
AustinTX78741
property at 1304 Summit St

$1,195 - $2,499

2 Bedroom Rentals

Available Now

1304 Summit St

AustinTX78741

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.

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property at 1840 Burton Dr

$800 - $1,200

1 Bedroom Rentals

Available Now

1840 Burton Dr

AustinTX78741
property at 1840 Burton Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

1840 Burton Dr, Unit 174

1840 Burton 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.

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property at 1304 Summit St

$1,430

Total Monthly Price

Total Monthly Price

Base Rent
$1,430
Total Monthly Price
$1,430

2 Bedroom, 1 Bath Condo for Rent

Available Now

1304 Summit St, Unit #206

1304 Summit St
AustinTX78741

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.

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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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Showing Results 1-50, 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 Chevy Chase Downs priced from $649. Coppertree Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $649. Here are the most affordable Riverside apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Chevy Chase Downs1BR/1BA1BR,1BA$649
Coppertree Apartment HomesCoventry1BR,1BA$649
ArrayThe 7001BR,1BA$650
Whisper HollowStudioStudio,1BA$655
The Brook Apartments1 Bedroom 1/1A1BR,1BA$675
Emerson ApartmentsSTUDIOStudio,1BA$681
Point South and BridgehollowEfficiencyStudio,1BA$694
Patten East1x1B1BR,1BA$695
Mesh ApartmentsE1-Mesh IIIStudio,1BA$699
Parker HeightsAffordable Studio Living in Riverside — Startin...Studio,1BA$700

Best Value Apartments for Rent in Riverside, TX

As of May 30, 2026 the best value apartment in the Riverside area is the $1.17 price per square foot D1 Model at Paradise Oaks Apartments in the in the Oltorf-East Riverside neighborhood starting from $1,560. 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.
Paradise Oaks ApartmentsD14BR,2BA$1.17
Acclaim at South Congress3 Bedroom 2 Bath3BR,2BA$1.05
Villages at East RiversideThree Bedroom3BR,3BA$1.08
Frontier East ApartmentsThree Bedroom3BR,2BA$1.18
Aria GrandC13BR,2BA$1.19
Ballpark North3x3 UG3BR,3BA$0.69
ArrayThe 9322BR,1BA$1.20
Forest Creek Apartments2 Bedroom B12BR,2BA$1.17
Polaris on the Park - Renovated Apartments. Best prices in South Austin.1 Bedroom1BR,1BA$1.25
South ShoreThe Oasis: 1/1 at Avesta South Shore1BR,1BA$1.14

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 #29

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 166 Apartments for Rent in Riverside, TX with pricing that ranges from $575 to $7,319. There are also 188 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverside ranging from $595 to $10,000.

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 $10,000 with an average monthly rent of $3,187.

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 $7,319, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $10,000. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $575.

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

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Written by: Raul Mercado

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

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

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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.

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Beyond "Keep Austin Weird": Your Insiders Ultimate Guide to Renting and Living in Austin, Texas

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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.

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

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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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.