Cheap Apartments for Rent in the Texas Capital Neighborhood of Austin, TX from $1,000 (1 Rental)
Search the lowest-cost Apartments available for rent right now in the Texas Capital area of Austin.
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Texas Capital, Austin, TX Local Guide

How much does it cost to rent an apartment in Texas Capital?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Texas Capital Studio Apartments | $1,840 | $949 | $2,467 |
Texas Capital 1 Bedroom Apartments | $2,103 | $915 | $3,424 |
Texas Capital 2 Bedroom Apartments | $2,747 | $1,149 | $6,346 |
Texas Capital 3 Bedroom Apartments | $3,845 | $1,530 | $10,000+ |
Texas Capital 4 Bedroom Apartments | $1,740 | $1,640 | $1,864 |
Explore Austin
Best Value Apartments for Rent in Texas Capital, TX
As of June 19, 2025 the best value apartment in the Texas Capital area is the $1.33 price per square foot Three Bedroom Model at Estates at East Riverside in the in the Oltorf-East Riverside neighborhood starting from $1,523. The second greatest value Texas Capital apartment is the Two Bedroom Model at Villages at East Riverside starting at $1,527 with a $1.52 price per square foot in the Oltorf-East Riverside neighborhood. Here is today’s list of the best values for Texas Capital apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Estates at East Riverside | Three Bedroom | 3BR,3BA | $1.33 |
Villages at East Riverside | Two Bedroom | 2BR,2BA | $1.52 |
AMLI North Park | A4 | 1BR,1BA | $3.25 |
Rivette Tower | O5 | Studio ,1BA | $2.94 |
The Beverly Austin | A1 | 1BR,1BA | $2.60 |
MAA South Lamar | Traditional 1x1 601-637 SF | 1BR,1BA | $2.57 |
1215 Guadalupe St, Unit S-ANSI-3503 | 1215 Guadalupe St | Studio ,1BA | $4.00 |
Mission James Place Apartments | A1 | 1BR,1BA | $2.32 |
Fifteen15 S Lamar Apartments | S1 | Studio ,1BA | $3.28 |
City View at Mueller | S1 | Studio ,1BA | $2.07 |
Getting Around the Texas Capital Neighborhood in Austin, TX
Walk Score®
93 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
91 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
71 / 100
Excellent Transit
Transit is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Texas Capital Apartments
What is a cheap apartment in Texas Capital?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Texas Capital is under $1,945.
What is the price of a cheap apartment in Texas Capital?
The cheapest apartment in Texas Capital is City View at Mueller which is listed at $915, while the average apartment in Texas Capital costs $4,100.
What types of apartments are the cheapest in Texas Capital?
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 regular apartments in Texas Capital 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 Texas Capital?
Cheap apartments in Texas Capital have an average cost of $156 which is $3,944 cheaper than the average rent for all rentals in Texas Capital.
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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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.