Cheap Apartments for Rent in the Texas Capital Neighborhood of Austin, TX from $1,000 (1 Rental)

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

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.

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Estates at East RiversideThree Bedroom3BR,3BA$1.33
Villages at East RiversideTwo Bedroom2BR,2BA$1.52
AMLI North ParkA41BR,1BA$3.25
Rivette TowerO5Studio ,1BA$2.94
The Beverly AustinA11BR,1BA$2.60
MAA South LamarTraditional 1x1 601-637 SF1BR,1BA$2.57
1215 Guadalupe St, Unit S-ANSI-35031215 Guadalupe StStudio ,1BA$4.00
Mission James Place ApartmentsA11BR,1BA$2.32
Fifteen15 S Lamar ApartmentsS1Studio ,1BA$3.28
City View at MuellerS1Studio ,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

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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