
Cheap Apartments for Rent in the The Drag Neighborhood of Austin, TX from $600 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Drag area of Austin.


2307 Rio Grande St

501 W 26th St, Unit 114

The Sinclair

2813 Rio Grande St
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Coventry Place Apartments

2529 Rio Grande St

2714 Nueces St

501 W 26th

2802 Nueces St
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2311 Nueces
The Drag, Austin, TX Local Guide

How much does it cost to rent an apartment in The Drag?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Drag Studio Apartments | $1,841 | $1,788 | $1,980 |
| The Drag 1 Bedroom Apartments | $1,513 | $995 | $2,028 |
| The Drag 2 Bedroom Apartments | $1,226 | $624 | $1,885 |
| The Drag 3 Bedroom Apartments | $1,082 | $830 | $1,319 |
| The Drag 4 Bedroom Apartments | $1,470 | $880 | $4,400 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the The Drag Neighborhood of Austin, TX.
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Cheapest Available The Drag Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Carrells Apartments | 1 Bed, 1 bath | 1BR,1BA | $995 |
| Grandmarc Austin | Studio A | Studio,1BA | $1,561 |
Best Value Apartments for Rent in The Drag, TX
As of June 11, 2026 the best value apartment in the The Drag area is the $0.85 price per square foot 4 Bed, 3 Bath Plus Model at Yugo Austin Nueces in the in the Central East Austin neighborhood starting from $1,359. The second greatest value The Drag apartment is the D1 - Trinity Model at Union on San Antonio starting at $1,505 with a $1.19 price per square foot in the Central East Austin neighborhood. Here is today’s list of the best values for The Drag apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Yugo Austin Nueces | 4 Bed, 3 Bath Plus | 4BR,3BA | $0.85 |
| Union on San Antonio | D1 - Trinity | 4BR,4BA | $1.19 |
| Venue on Guadalupe | B3A | 2BR,2BA | $1.18 |
| Inspire on 22nd | C8 | 3BR,3BA | $1.43 |
| 1883 at Cameron House Student Living | B1 | 2BR,2BA | $1.44 |
| The Sinclair | B1 | 2BR,2BA | $2.21 |
| Villas on Guadalupe | A2 Loft | 2BR,1BA | $1.66 |
| The Carrells Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.53 |
| Grandmarc Austin | Studio A | Studio ,1BA | $3.50 |
Frequently Asked Questions about Cheap The Drag Apartments
What is a cheap apartment in The Drag?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in The Drag is under $1,561.
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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