Cheap Homes for Rent in South Austin Neighborhood of Austin, TX from $1,000 (39 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 1 Bed unit found at Canvas priced from $870. Centennial Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $890. Here are the most affordable South Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Canvas1 Bedroom 1 Bathroom - Renovated1BR,1BA$870
Centennial Place ApartmentsEff1BR,1BA$890
Terra ApartmentsA1BR,1BA$891
Bridge at Turtle CreekE1Studio,1BA$900
Bridge at Monarch Bluffs50-A1b8Studio,1BA$919
Bluff Springs TownhomesC12BR,2BA$999
SOFIE-PFC-801BR,1BA$999
Cannon SouthOne Bedroom 629/1st or 2nd Floor- Deluxe1BR,1BA$1,059
The Dexter1x11BR,1BA$1,079
Spring Villas- Income RestrictedA21BR,1BA$1,099

Best Value Apartments for Rent in South Austin, TX

As of June 25, 2025 the best value apartment in the South Austin area is the $1.56 price per square foot The Travis, 4 Bed | 2 Bath | 1417 Sq. Ft. Model at The Atlantic Grand Oaks in the in the South Austin neighborhood starting from $2,210. The second greatest value South Austin apartment is the LaBelle Platinum Model at Griffis SoCo Austin starting at $1,480 with a $1.32 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 Travis, 4 Bed | 2 Bath | 1417 Sq. Ft.4BR,2BA$1.56
Griffis SoCo AustinLaBelle Platinum2BR,2BA$1.32
Bexley 3FIVECongress with Attached Garage2BR,2BA$1.42
Ethos ApartmentsB32BR,2BA$1.20
Bluff Springs TownhomesCP2BR,2BA$1.31
Canvas2 Bedroom 2 Bathroom - Renovated2BR,2BA$1.56
SoCo ApartmentsB22BR,2BA$1.56
Trails at the Park1BR/1BA1BR,1BA$1.59
Spring Villas- Income RestrictedA11BR,1BA$1.54
Terra ApartmentsA1BR,1BA$1.52

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about South Austin

What type of rentals are currently available in South Austin?

There are currently 73 Apartments for Rent in South Austin, TX with pricing that ranges from $664 to $12,832. There are also 131 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Austin ranging from $1,000 to $6,000.

What is the current price range for Rental Homes in South Austin?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Austin ranges from $1,000 to $6,000 with an average monthly rent of $2,061.

How much are larger Three and Four Bedroom Rentals in South Austin?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Austin range from $1,399 to $12,832, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,950.

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.

decorative image for The 10 Best Affordable Neighborhoods in Austin, TX article

The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

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

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.