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.

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.

Best Value Apartments for Rent in Texas Capital, TX

As of October 02, 2025 the best value apartment in the Texas Capital area is the $2.18 price per square foot B3 Model at The Beverly at Medical Center in the in the Town Lake neighborhood starting from $2,825. The second greatest value Texas Capital apartment is the 1215 Guadalupe St Model at 1215 Guadalupe St, Unit S-6003 starting at $3,299 with a $5.35 price per square foot in the Central East Austin 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.
The Beverly at Medical CenterB32BR,2.5BA$2.18
1215 Guadalupe St, Unit S-60031215 Guadalupe StStudio ,1BA$5.35
610 Brazos St, Unit S-1507610 Brazos StStudio ,1BA$5.46
The WallerT-05Studio ,1BA$4.82

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 the Cheapest Studio apartment in Texas Capital?

Currently the most affordable Cheap Studio Apartment in Texas Capital is at The Waller listed at $1,725.

How much is rent for a Cheap One Bedroom Texas Capital Apartment?

The lowest price for a Cheap One Bedroom Texas Capital Apartment is $1,752 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 $2,599 at The Beverly at Medical Center.

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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The 10 Best Affordable Neighborhoods in Austin, TX

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I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.