
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.

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.
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 | $2,046 | $1,450 | $2,546 |
| Texas Capital 1 Bedroom Apartments | $2,879 | $2,409 | $5,838 |
| Texas Capital 2 Bedroom Apartments | $4,666 | $2,595 | $10,000+ |
| Texas Capital 3 Bedroom Apartments | $36,676 | $10,000 | $10,000+ |
Explore Austin
Best Value Apartments for Rent in Texas Capital, TX
As of May 24, 2026 the best value apartment in the Texas Capital area is the $11.28 price per square foot 1215 Guadalupe St Model at 1215 Guadalupe St in the in the Central East Austin neighborhood starting from $36,676. The second greatest value Texas Capital apartment is the A4 Model at The Beverly at Medical Center starting at $1,970 with a $2.26 price per square foot in the Town Lake 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. |
|---|---|---|---|
| 1215 Guadalupe St | 1215 Guadalupe St | 3BR,3BA | $11.28 |
| The Beverly at Medical Center | A4 | 1BR,1BA | $2.26 |
| 610 Brazos St | 610 Brazos St | Studio ,1BA | $5.46 |
| The Waller | T-05 | Studio ,1BA | $5.51 |
Frequently Asked Questions about Cheap Texas Capital Apartments
What is the Cheapest Studio apartment in Texas Capital?
Currently the most affordable Cheap Studio Apartment in Texas Capital is at The Waller listed at $2,026.
How much is rent for a Cheap One Bedroom Texas Capital Apartment?
The lowest price for a Cheap One Bedroom Texas Capital Apartment is $1,754 at The Beverly at Medical Center.
What is the lowest price for a Cheap Two Bedroom Texas Capital Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Texas Capital is starting from $2,404 at The Beverly at Medical Center.
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

The 10 Best Affordable Neighborhoods in Austin, TX
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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.

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.

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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.