Cheap Apartments for Rent in the Texas Capital Neighborhood of Austin, TX from $575 (30 Rentals)

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

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Waterloo Flats
Rent Specials
$840 - $1,696
Total Monthly Price

Total Monthly Price

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$840 - $1,696

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Waterloo Flats

1300 Pleasant Valley Rd SAustin, TX 78741
Affordability
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Keep Austin Affordable: A Renter's Guide to the Best Suburbs Around the City

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Starlight
Rent Specials
$1,106 - $4,149
Total Monthly Price

Total Monthly Price

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$1,106 - $4,149

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Studio to 2 Bedroom Apartments Available Now

Starlight

2901 Manor RdAustin, TX 78722
Luxury
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Platform
Rent Specials
$1,218 - $7,872
Total Monthly Price

Total Monthly Price

Base Rent
$1,218 - $7,872

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Studio to 2 Bedroom Apartments Available Now

Platform

2823 E Martin Luther King Jr BlvdAustin, TX 78702
Student Housing
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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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Lakeshore Pearl
Rent Specials
$1,340 - $3,402
Total Monthly Price

Total Monthly Price

Base Rent
$1,340 - $3,402

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Studio to 3 Bedroom Apartments Available Now

Lakeshore Pearl

2223 Waterloo City LnAustin, TX 78741
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The Bouldin
Rent Specials
$1,480 - $4,505
Total Monthly Price

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$1,480 - $4,505

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1 to 2 Bedroom Apartments Available Now

The Bouldin

1401 S LamarAustin, TX 78704
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Corazon
Rent Specials
$1,500 - $2,878
Total Monthly Price

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Base Rent
$1,500 - $2,878

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Studio to 2 Bedroom Apartments Available Now

Corazon

1000 E 5th StAustin, TX 78702
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Railyard
Rent Specials
$1,632 - $3,632
Total Monthly Price

Total Monthly Price

Base Rent
$1,632 - $3,632

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Studio to 3 Bedroom Apartments Available Now

Railyard

201-301 E 4th St EAustin, TX 78701
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Penthouse
1 to 3 Bedroom Apartments

Penthouse

1801 Rio Grande StAustin, TX 78701
property at 1800 Lavaca St

$1,275 - $1,850

1 To 2 Bedroom Rentals

Available Now

1800 Lavaca St

AustinTX78701
property at 1800 Lavaca St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

1800 Lavaca St, Unit A-703

1800 Lavaca St
AustinTX78701

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Cheapest Available Texas Capital Apartments for Rent

 

The cheapest available apartment rental in the Texas Capital area of Austin, TX is a Studio unit found at 305 Flats priced from $895. Aldrich 51 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Texas Capital apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
305 FlatsStudio - ClassicStudio,1BA$895
Aldrich 51A1-60%1BR,1BA$999
The Parker at Hyde Park1 Bed 1 Bath1BR,1BA$1,095
The ArnoldE1 - AffordableStudio,1BA$1,099
The Ladybird Senior Apartments - 55+A1.h-60%1BR,1BA$1,100
Bridge at the Blockyard0C - AMI 50% - INCOME RESTRICTIONS APPLYStudio,1BA$1,171
Residences at SaltilloE1 - SMARTStudio,1BA$1,176
PlatformE0*Studio,1BA$1,218
Diplomat Apartments1BR/1BA Full Unit1BR,1BA$1,250
Waterloo FlatsB12BR,1BA$1,314

Best Value Apartments for Rent in Texas Capital, TX

As of August 24, 2026 the best value apartment in the Texas Capital area is the $1.01 price per square foot 3 bedroom 3 bathroom-C1 Model at Sterling in the in the Central East Austin neighborhood starting from $1,259. The second greatest value Texas Capital apartment is the B1.d-80% Model at The Ladybird Senior Apartments - 55+ starting at $1,900 with a $1.67 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sterling3 bedroom 3 bathroom-C13BR,3BA$1.01
The Ladybird Senior Apartments - 55+B1.d-80%2BR,2BA$1.67
Karnes2 Bedroom 2 Bathroom Double occupancy-B12BR,2BA$0.72
Waterloo FlatsB12BR,1BA$1.59
The Beverly at Medical CenterA31BR,1BA$2.13
Grayson1 bedroom 1 bathroom Double occupancy-A71BR,1BA$1.14
Villas on GuadalupeA2 Loft2BR,1BA$1.68
The Parker at Hyde Park1 Bed 1 Bath1BR,1BA$1.51
Aldrich 51A1-60%1BR,1BA$1.40
Diplomat Apartments1BR/1BA Full Unit1BR,1BA$2.08

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 305 Flats listed at $895.

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

The lowest price for a Cheap One Bedroom Texas Capital Apartment is $999 at Aldrich 51.

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 $1,314 at Waterloo Flats.

What is the most affordable Texas Capital Three Bedroom Apartment?

The best deal on a cheap Texas Capital Three Bedroom Apartment rental is at Railyard and starts from $2,732.

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.

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