Cheap Apartments for Rent in the SoCo Neighborhood of Austin, TX from $400 (67 Rentals)

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

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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The District at SoCo
Rent Specials
$1,244 - $2,298
Total Monthly Price

Total Monthly Price

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$1,244 - $2,298
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1 to 2 Bedroom Apartments Available Now

The District at SoCo

501 E Oltorf StAustin, TX 78704
Student Housing
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  • 3D Tour

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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The Bouldin
Rent Specials
$1,480 - $4,910
Total Monthly Price

Total Monthly Price

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$1,480 - $4,910
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1 to 2 Bedroom Apartments Available Now

The Bouldin

1401 S LamarAustin, TX 78704
Affordability
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property at 2400 Forest Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

2400 Forest Ave

AustinTX78704

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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422 at the Lake
Rent Specials
$1,728 - $2,200
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$1,728 - $2,200
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Studio to 2 Bedroom Apartments Available Now

422 at the Lake

422 W Riverside DrAustin, TX 78704
Affordability
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Travis Park Apartments
1 to 3 Bedroom Apartments

Travis Park Apartments

1110 E Oltorf StAustin, TX 78704
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Alma Soco
Studio to 1 Bedroom Apartments

Alma Soco

126 W Alpine RdAustin, TX 78704
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SOCO 121
1 to 2 Bedroom Apartments

SOCO 121

121 Woodward StAustin, TX 78704
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Karmin 513
Studio to 3 Bedroom Apartments

Karmin 513

513 S Park DrAustin, TX 78704
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Alpine Apartments
Studio to 1 Bedroom Apartments

Alpine Apartments

116 W Alpine RdAustin, TX 78704

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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Tambaleo 2311
1 Bedroom Apartments

Tambaleo 2311

2311 S 5th StAustin, TX 78704
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Tambaleo 2208
Studio to 1 Bedroom Apartments

Tambaleo 2208

2208 S 5th StAustin, TX 78704
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Establishment
1 to 2 Bedroom Apartments

Establishment

3501 S 1st StAustin, TX 78704
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The Willows
Studio to 2 Bedroom Apartments

The Willows

600 S 1st StAustin, TX 78704

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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SoCo, Austin, TX Local Guide

Cheapest Available SoCo Apartments for Rent

 

The cheapest available apartment rental in the SoCo area of Austin, TX is a Studio unit found at Cascade Apartments priced from $843. Karmin 513 has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable SoCo apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Cascade ApartmentsThe 396Studio,1BA$843
Karmin 5130 Beds, 1 BathsStudio,1BA$875
Tambaleo ApartmentsE1 - 2207Studio,1BA$899
Forest Creek Apartments2 Bedroom B12BR,2BA$900
Silver Creek Apartments1x1A1BR,1BA$935
Element StudiosStudioStudio,1BA$950
Oaks ApartmentsA-EfficiencyStudio,1BA$999
Tambaleo 2311A3 - 23111BR,1BA$999
Stoney Ridge Apartments1x1A1BR,1BA$1,075

Best Value Apartments for Rent in SoCo, TX

As of July 12, 2026 the best value apartment in the SoCo area is the $1.14 price per square foot 2 Bedroom B2 Model at Forest Creek Apartments in the in the Riverside neighborhood starting from $1,140. The second greatest value SoCo apartment is the B1-825 (Designer) Model at St. Edwards Place Apartments starting at $1,295 with a $1.57 price per square foot in the Spyglass neighborhood. Here is today’s list of the best values for SoCo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Forest Creek Apartments2 Bedroom B22BR,2BA$1.14
St. Edwards Place ApartmentsB1-825 (Designer)2BR,1BA$1.57
Silver Creek Apartments1x1C1BR,1BA$1.63
Tambaleo 2311A3 - 23111BR,1BA$1.48
Bouldin Creek ApartmentsbouA21BR,1BA$1.89
Oak Creek Village1BD / 1BA1BR,1BA$1.95
Oaks ApartmentsB-1/11BR,1BA$2.10
Stoney Ridge Apartments1x1A1BR,1BA$2.15
Karmin 5130 Beds, 1 BathsStudio ,1BA$1.94
Cascade ApartmentsThe 396Studio ,1BA$2.13

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
Soco, Austin, TX

Ranked #107

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Soco, Austin, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Texas, including Austin. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best outdoor access, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap SoCo Apartments

What is a cheap apartment in SoCo?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in SoCo is under $1,075.

What is the price of a cheap apartment in SoCo?

The cheapest apartment in SoCo is Cascade Apartments which is listed at $898, while the average apartment in SoCo costs $3,844.

What types of apartments are the cheapest in SoCo?

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 21 regular apartments in SoCo 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 SoCo?

Cheap apartments in SoCo have an average cost of $353 which is $3,491 cheaper than the average rent for all rentals in SoCo.

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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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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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.

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Beyond "Keep Austin Weird": Your Insider's 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.

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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.

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

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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.

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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.

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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.

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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.