Cheap Apartments for Rent in the Southeast Austin Neighborhood of Austin, TX from $430 (482 Rentals)

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

Keep Austin Affordable: A Renter's Guide to the Best Suburbs Around the City

Round Rock, Buda, Cedar Park, and more — Austin's surrounding metros offer incredible value for renters. Our local expert compares the best surrounding cities so you can find more space, lower rent, and a great quality of life just minutes from the city.

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Windwood Apartments
$749 - $1,199

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
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Lyv Austin
Rent Specials
$759 - $1,640

Total Monthly Price

Base Rent$759 - $1,640
Total Monthly Price$759 - $1,640
1 to 2 Bedroom Apartments Available Now

Lyv Austin

2207 Wickersham LnAustin, TX 78741
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Tambaleo Apartments
Rent Specials
$824 - $1,699

Total Monthly Price

Base Rent$824 - $1,699
Total Monthly Price$824 - $1,699
Studio to 2 Bedroom Apartments Available Sep 30

Tambaleo Apartments

2207 5th St SAustin, TX 78704
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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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Mesh Apartments
Rent Specials
$829 - $1,989

Total Monthly Price

Base Rent$829 - $1,989
Total Monthly Price$829 - $1,989
Studio to 3 Bedroom Apartments Available Now

Mesh Apartments

2101 Elmont DrAustin, TX 78741
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Waterloo Flats
Rent Specials
$840 - $1,696

Total Monthly Price

Base Rent$840 - $1,696
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Waterloo Flats

1300 Pleasant Valley Rd SAustin, TX 78741
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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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Trio
Rent Specials
$860 - $2,627

Total Monthly Price

Base Rent$860 - $2,627
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Trio

2317 S Pleasant Valley RdAustin, TX 78741
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Residences at Rubi
Rent Specials
$860 - $1,744

Total Monthly Price

Base Rent$860 - $1,744
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Residences at Rubi

1418 Frontier Valley DrAustin, TX 78741
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Bridge at Turtle Creek
Rent Specials
$865 - $2,050

Total Monthly Price

Base Rent$865 - $2,050
Total Monthly Price$865 - $2,050
Studio to 2 Bedroom Apartments Available Now

Bridge at Turtle Creek

6020 S 1st StAustin, TX 78745
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Farmhouse Apartments
Rent Specials
$884 - $2,471

Total Monthly Price

Base Rent$884 - $2,471
Total Monthly Price$884 - $2,471
Studio to 3 Bedroom Apartments Available Now

Farmhouse Apartments

10801 S Interstate 35Austin, TX 78747
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 Studio unit found at Emerson Apartments at Town Lake priced from $599. Parker Heights has the second lowest priced unit, which is a Studio apartment currently listed from $635. Here are the most affordable Southeast Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Emerson Apartments at Town LakeStudioERStudio,1BA$599
Parker HeightsChoose Your Special! Affordable Studio Living i...Studio,1BA$635
Chevy Chase Downs1BR/1BA1BR,1BA$649
Lamar Square Apartments1 Bed, 1 bath1BR,1BA$659
Enclave on Ross1 Bed - Alt1BR,1BA$672
Point South and BridgehollowEfficiencyStudio,1BA$694
Coppertree Apartment HomesCoventry1BR,1BA$699
Cascade ApartmentsThe 396Studio,1BA$725
Mission James Place ApartmentsS1Studio,1BA$749
Windwood Apartments1 Bedroom1BR,1BA$749

Best Value Apartments for Rent in Southeast Austin, TX

As of September 06, 2026 the best value apartment in the Southeast Austin area is the $1.11 price per square foot Four Bedroom Model at River Valley in the in the Southeast Austin neighborhood starting from $1,645. The second greatest value Southeast Austin apartment is the Four Bedroom Model at Villages at East Riverside starting at $1,404 with a $0.97 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.
River ValleyFour Bedroom4BR,2.5BA$1.11
Villages at East RiversideFour Bedroom4BR,4BA$0.97
Paradise Oaks ApartmentsD14BR,2BA$1.16
Ethos ApartmentsB22BR,2BA$1.08
Ballpark North3x3 UG3BR,3BA$0.70
Douglas Landing Apartment Homes2 Bedroom- 60%2BR,2BA$1.09
South ShoreThe Villa: 2/2 (948) at South Shore2BR,2BA$1.16
Tuscany ParkPiedmonte2BR,1BA$1.10
Acclaim at South Congress1 Bedroom 1 Bath1BR,1BA$1.13
Forest Creek Apartments1 Bedroom A11BR,1BA$1.12

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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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.

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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

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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
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 $749.

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

The cheapest apartment in Southeast Austin is Chevy Chase Downs which is listed at $649, while the average apartment in Southeast Austin costs $1,550.

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 1,029 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 $363 which is $1,187 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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Where to Stay in Austin: The Best Neighborhoods for Short-Term Rentals

Written by: Raul Mercado

I’m Raul, your ApartmentHomeLiving.com local expert for Austin. After living in Austin for more than 10 years, I’ve seen firsthand how the short term rental scene has changed in the live music capital of the world.

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Keep Austin Affordable: A Renter's Guide to the Best Suburbs Around the City

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

Written by: Raul Mercado

I’m Raul, your ApartmentHomeLiving.com local expert for Austin. I spend most of my time helping people understand what it actually costs to live in the music capital of Texas and where the best places to settle are.

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Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers

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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.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.