Cheap Apartments for Rent in the South Austin Neighborhood of Austin, TX from $700 (103 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Austin 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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Lenox SoCo
Rent Specials
$1,129 - $1,964
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$1,129 - $1,964
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1 to 2 Bedroom Apartments Available Now

Lenox SoCo

135 Foremost DrAustin, TX 78745
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Wilder
Rent Specials
$1,144 - $2,644
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$1,144 - $2,644
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Studio to 2 Bedroom Apartments Available Now

Wilder

8350 Bluff Springs RdAustin, TX 78744
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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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Avana SoCo
Rent Specials
$1,164 - $11,382
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$1,164 - $11,382
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1 to 3 Bedroom Apartments Available Now

Avana SoCo

401 Little Texas LnAustin, TX 78745
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Perch
Rent Specials
$1,310 - $2,431
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$1,310 - $2,431
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Perch

7731 Menchaca RdAustin, TX 78745
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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South Austin, Austin, TX Local Guide

Cheapest Available South Austin Apartments for Rent

 

The cheapest available apartment rental in the South Austin area of Austin, TX is a Studio unit found at Bridge at Turtle Creek priced from $790. Bridge at South Point has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable South Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Bridge at Turtle CreekE1Studio,1BA$790
Bridge at South Point0/1fStudio,1BA$799
Ethos ApartmentsA11BR,1BA$876
Terra ApartmentsA1BR,1BA$891
The MartingaleS1.8Studio,1BA$892
Spring Villas- Income RestrictedA21BR,1BA$899
Canvas Apartments1 Bedroom 1 Bath Plan A1 Renovated1BR,1BA$900
The Dexter1x11BR,1BA$950
Southpark Ranch1 Bed 1 Bath A21BR,1BA$999
Retreat at North BluffA31BR,1BA$999

Best Value Apartments for Rent in South Austin, TX

As of May 31, 2026 the best value apartment in the South Austin area is the $1.51 price per square foot C1 Model at Bluff Springs Townhomes in the in the South Austin neighborhood starting from $1,499. The second greatest value South Austin apartment is the Lyndon Model at Bexley 3FIVE starting at $1,184 with a $1.46 price per square foot in the South Austin neighborhood. Here is today’s list of the best values for South Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bluff Springs TownhomesC12BR,2BA$1.51
Bexley 3FIVELyndon1BR,1BA$1.46
Trails at the Park1BR/1BA1BR,1BA$1.50
Cortland Bluff SpringsSoCo1BR,1BA$1.54
The Atlantic Grand OaksThe Rio1BR,1BA$1.47
Spring Villas- Income RestrictedA11BR,1BA$1.26
SoCo Park ApartmentsA1BR,1BA$1.43
Southpark Ranch1 Bed 1 Bath A11BR,1BA$1.54
Ethos ApartmentsA11BR,1BA$1.40
Terra ApartmentsA1BR,1BA$1.52

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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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
South Austin, Austin, TX

Ranked #87

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities, and rental properties across Texas, including Austin. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, places that make kids happy, raising pets, transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap South Austin Apartments

What is a cheap apartment in South Austin?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Austin is under $999.

What is the price of a cheap apartment in South Austin?

The cheapest apartment in South Austin is Bridge at South Point which is listed at $869, while the average apartment in South Austin costs $1,895.

What types of apartments are the cheapest in South Austin?

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 402 regular apartments in South Austin 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 South Austin?

Cheap apartments in South Austin have an average cost of $335 which is $1,560 cheaper than the average rent for all rentals in South Austin.

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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