Cheap Apartments for Rent in the Southeast Austin Neighborhood of Austin, TX from $400 (466 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southeast 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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Windwood Apartments
$749 - $1,199
Total Monthly Price

Total Monthly Price

Base Rent
$749 - $1,199
Total Monthly Price
$749 - $1,199
1 to 2 Bedroom Apartments Available Now

Windwood Apartments

3810 Valley View RdAustin, TX 78704
Affordability
  • Verified
  • Utilities Included
  • 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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Lyv Austin
Rent Specials
$799 - $1,520
Total Monthly Price

Total Monthly Price

Base Rent
$799 - $1,520
Total Monthly Price
$799 - $1,520
1 to 2 Bedroom Apartments Available Now

Lyv Austin

2207 Wickersham LnAustin, TX 78741
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Foxwood
Rent Specials
$830 - $1,385
Total Monthly Price

Total Monthly Price

Base Rent
$830 - $1,385
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Foxwood

6503 Bluff Springs RdAustin, TX 78744
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Waterloo Flats
Rent Specials
$864 - $1,713
Total Monthly Price

Total Monthly Price

Base Rent
$864 - $1,713
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Jun 16

Waterloo Flats

1300 Pleasant Valley Rd SAustin, TX 78741
Affordability
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  • Customer Reviewed
  • 3D Tour

The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX

Moving to Austin? Get an insider’s guide to managing costs in the Music Capitol. Discover which affordable ATX neighborhoods fit your budget and lifestyle.

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Southeast Austin, Austin, TX Local Guide

Cheapest Available Southeast Austin Apartments for Rent

 

The cheapest available apartment rental in the Southeast Austin area of Austin, TX is a 1 Bed unit found at Array priced from $624. Chevy Chase Downs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $649. Here are the most affordable Southeast Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
ArrayThe 7001BR,1BA$624
Chevy Chase Downs1BR/1BA1BR,1BA$649
Eastern Oaks2A2BR,2BA$650
Cascade ApartmentsThe 396Studio,1BA$662
Patten East1x1B1BR,1BA$663
EKOS City Heights1x11BR,1BA$674
The Brook Apartments1 Bedroom 1/1A1BR,1BA$675
Point South and BridgehollowEfficiencyStudio,1BA$694
Coppertree Apartment HomesCoventry1BR,1BA$699
Parker HeightsAffordable Studio Living in Riverside — Startin...Studio,1BA$700

Best Value Apartments for Rent in Southeast Austin, TX

As of June 07, 2026 the best value apartment in the Southeast Austin area is the $1.19 price per square foot The 1427 Model at Array in the in the South River City neighborhood starting from $1,693. The second greatest value Southeast Austin apartment is the D1 Model at Paradise Oaks Apartments starting at $1,560 with a $1.17 price per square foot in the Oltorf-East Riverside neighborhood. Here is today’s list of the best values for Southeast Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ArrayThe 14273BR,2BA$1.19
Paradise Oaks ApartmentsD14BR,2BA$1.17
Acclaim at South Congress3 Bedroom 2 Bath3BR,2BA$1.05
Kingfisher CreekThree Bedroom Flat3BR,2BA$1.17
Villages at East RiversideTwo Bedroom2BR,2BA$1.12
Ballpark North3x3 UG3BR,3BA$0.69
Forest Creek Apartments2 Bedroom B12BR,2BA$1.17
River ValleyOne Bedroom1BR,1BA$1.10
Eastern Oaks2A2BR,2BA$0.84
Santiago Estates1 x 11BR,1BA$1.19

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
Southeast Austin, Austin, TX

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Southeast Austin, Austin, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Southern Austin, TX. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, kid and pet-friendly communities, availability of 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 Southeast Austin Apartments

What is a cheap apartment in Southeast Austin?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southeast Austin is under $700.

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

The cheapest apartment in Southeast Austin is Array which is listed at $624, while the average apartment in Southeast Austin costs $8,128.

What types of apartments are the cheapest in Southeast 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 1,222 regular apartments in Southeast 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 Southeast Austin?

Cheap apartments in Southeast Austin have an average cost of $388 which is $7,740 cheaper than the average rent for all rentals in Southeast 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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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.