Cheap Apartments for Rent in the South Austin Neighborhood of Austin, TX from $700 (52 Rentals)

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

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

Moving to Austin, TX? We are Here to Help. Our Local Expert Breaks Down the Commute reality, Renting Around the City, the Job Scene, and Shares Recommendations for 5 Great Austin Neighborhoods You Should Explore First.

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Urban Oaks
1 to 3 Bedroom Apartments

Urban Oaks

6725 Circle S RdAustin, TX 78745
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711 Eberhart Ln
1 Bedroom Apartments

711 Eberhart Ln

711 Eberhart LnAustin, TX 78745
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Southland Apartments
Studio to 2 Bedroom Apartments

Southland Apartments

2201 W William Cannon DrAustin, TX 78745
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The Dexter
1 to 2 Bedroom Apartments

The Dexter

744 W William Cannon Dr WAustin, TX 78745
Corporate Housing
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XThe Haven
1 to 2 Bedroom Apartments

XThe Haven

6812 S Congress AveAustin, TX 78745
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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SoCo Apartments
1 to 3 Bedroom Apartments

SoCo Apartments

6300 S Congress AveAustin, TX 78745
Corporate Housing
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Cheshire Gardens
Studio to 2 Bedroom Apartments

Cheshire Gardens

2121 W William Cannon DrAustin, TX 78745
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The Prescott
Studio to 3 Bedroom Apartments

The Prescott

8200 S Congress AveAustin, TX 78745
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SoCo Park Apartments
1 to 3 Bedroom Apartments

SoCo Park Apartments

7201 S Congress AveAustin, TX 78745
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Southpark Ranch
1 to 3 Bedroom Apartments

Southpark Ranch

9401 S 1st StAustin, TX 78748
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 Cannon South priced from $803. Willow Brook Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $807. Here are the most affordable South Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Cannon SouthEfficiency 3rd Flr-393sf - Kit Cabinets/ SS app...Studio,1BA$803
Willow Brook ApartmentsA1 - One Bedroom1BR,1BA$807
Centennial Place ApartmentsEff1BR,1BA$815
Bridge at South Point1/1f1BR,1BA$819
Urban Oaks35-A51BR,1BA$849
Canvas1 Bedroom 1 Bath Plan A31BR,1BA$870
Bridge at Turtle CreekE2Studio,1BA$875
The Atlantic Grand OaksThe Rio, 1 Bed | 1 Bath | 744 Sq. Ft.1BR,1BA$882
Terra ApartmentsA1BR,1BA$887
The Dexter1x11BR,1BA$964

Best Value Apartments for Rent in South Austin, TX

As of January 07, 2026 the best value apartment in the South Austin area is the $1.21 price per square foot The Fredericksburg, 3 Bed | 2 Bath | 1174 Sq. Ft. Model at The Atlantic Grand Oaks in the in the South Austin neighborhood starting from $1,420. The second greatest value South Austin apartment is the 2BR/2BA Model at Trails at the Park starting at $1,299 with a $1.30 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.
The Atlantic Grand OaksThe Fredericksburg, 3 Bed | 2 Bath | 1174 Sq. Ft.3BR,2BA$1.21
Trails at the Park2BR/2BA2BR,2BA$1.30
Avana SoCoB-Sophisticated2BR,2BA$1.44
The Canopy at South CongressRemodeled 2x22BR,2BA$1.13
V at SoCo2X1 REEP Reno2BR,2BA$1.36
Ethos ApartmentsA21BR,1BA$1.32
Cortland Bluff SpringsSoCo1BR,1BA$1.51
Willow Brook ApartmentsA2 - One Bedroom1BR,1BA$1.43
Urban Oaks35-A11BR,1BA$1.42
Terra ApartmentsA1BR,1BA$1.51

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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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
South Austin, Austin, TX

Ranked #96

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

Pet Friendliness Lifestyle Score

3.0
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 $964.

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

The cheapest apartment in South Austin is Willow Brook Apartments which is listed at $807, while the average apartment in South Austin costs $1,893.

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 282 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 $385 which is $1,508 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.

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 Insiders 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.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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!