Cheap Apartments for Rent in the South Central Austin Neighborhood of Austin, TX from $400 (170 Rentals)

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

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South Central Austin, Austin, TX Local Guide

Cheapest Available South Central Austin Apartments for Rent

 

The cheapest available apartment rental in the South Central Austin area of Austin, TX is a 1 Bed unit found at Grace Woods priced from $716. Forest Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable South Central Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Grace WoodsA31BR,1BA$716
Forest Creek Apartments1 Bedroom A21BR,1BA$750
Parker Lane ApartmentsTwo Bedroom2BR,2BA$770
Hillside CreekA11BR,1BA$779
Arya ApartmentsStudioStudio,1BA$800
ChandelierA11BR,1BA$832
Tramor at Victory PlaceE2Studio,1BA$845
Broadway CondominiumsBroadway 1 bedroom1BR,1BA$850
Cascade ApartmentsA21BR,1BA$866
The Brook ApartmentsAdditional Plan 2/1E2BR,1BA$875

Best Value Apartments for Rent in South Central Austin, TX

As of June 24, 2025 the best value apartment in the South Central Austin area is the $1.33 price per square foot B3 Model at Hillside Creek in the in the South River City neighborhood starting from $1,389. The second greatest value South Central Austin apartment is the Two Bedroom Model at Parker Lane Apartments starting at $770 with a $0.75 price per square foot in the South River City neighborhood. Here is today’s list of the best values for South Central Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hillside CreekB32BR,2BA$1.33
Parker Lane ApartmentsTwo Bedroom2BR,2BA$0.75
The Social ApartmentsThe Mixer2BR,1BA$1.24
The Brook Apartments2 Bedroom 2/2G2BR,2BA$1.42
Aria GrandB12BR,2BA$1.38
Pathways at Goodrich PlaceA1BR,1BA$1.45
Polaris on the Park - Renovated Apartments1 Bedroom1BR,1BA$1.39
Forest Creek Apartments1 Bedroom A11BR,1BA$1.19
The Cliffs1 Bed 1 Bath1BR,1BA$1.50
Arya ApartmentsStudioStudio ,1BA$1.43

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Pet Friendly Lifestyle
South Central Austin, Austin, TX

Ranked #10

Among neighborhoods in Austin, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
South Central Austin, Austin, TX

School data provided by Great Schools

Lifestyle Ratings

This website is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States including South Central Austin, Austin, and the greater Austin area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap South Central Austin Apartments

What is a cheap apartment in South Central Austin?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Central Austin is under $875.

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

The cheapest apartment in South Central Austin is Grace Woods which is listed at $716, while the average apartment in South Central Austin costs $3,593.

What types of apartments are the cheapest in South Central 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 72 regular apartments in South Central 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 Central Austin?

Cheap apartments in South Central Austin have an average cost of $223 which is $3,370 cheaper than the average rent for all rentals in South Central Austin.

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.

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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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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.

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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.

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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.