Cheap Homes for Rent in The Drag Neighborhood of Austin, TX from $900 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the The Drag area of Austin.

property at 2714 Nueces St

2714 Nueces St

AustinTX78705

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 501 W 26th St

501 W 26th St

AustinTX78705

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

The Drag, Austin, TX Local Guide

Cheapest Available The Drag Apartments for Rent

 

The cheapest available apartment rental in the The Drag area of Austin, TX is a Studio unit found at City View at Mueller priced from $900. Bridge at Windsor Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,404. Here are the most affordable The Drag apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
City View at MuellerS1Studio,1BA$900
Bridge at Windsor ParkA3 Accessible 80%1BR,1BA$1,404
Fifteen15 S Lamar ApartmentsS5Studio,1BA$1,410

Best Value Apartments for Rent in The Drag, TX

As of June 02, 2025 the best value apartment in the The Drag area is the $0.81 price per square foot 6 Bed, 6 Bath Plus Model at Yugo Austin Waterloo in the in the Central East Austin neighborhood starting from $1,369. The second greatest value The Drag apartment is the B1 Model at Venue on Guadalupe starting at $1,210 with a $1.20 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Yugo Austin Waterloo6 Bed, 6 Bath Plus6BR,6BA$0.81
Venue on GuadalupeB12BR,2BA$1.20
Villas on GuadalupeA2 Loft2BR,1BA$1.68
MAA West AustinTraditional 1x1 657-743 SF1BR,1BA$2.10
Bridge at Windsor ParkA3 Accessible 80%1BR,1BA$1.98
Fivetwo at HighlandA1A1BR,1BA$2.60
AMLI North ParkE1Studio ,1BA$3.20
MAA South LamarTraditional 1x1 505 SF1BR,1BA$2.98
Fifteen15 S Lamar ApartmentsS1Studio ,1BA$3.13
City View at MuellerS1Studio ,1BA$2.20

Quick Rent Budget Calculator

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Frequently Asked Questions about The Drag

What type of rentals are currently available in The Drag?

There are currently 43 Apartments for Rent in The Drag, TX with pricing that ranges from $574 to $6,346. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Drag ranging from $910 to $3,300.

What is the current price range for Rental Homes in The Drag?

Today's rental pricing for Homes for Rent, Condos and Townhomes in The Drag ranges from $910 to $3,300 with an average monthly rent of $2,115.

How much are larger Three and Four Bedroom Rentals in The Drag?

For those who are looking for larger living arrangements, Three Bedroom Apartments in The Drag range from $845 to $5,145, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,250. Four Bedroom Single-Family rentals are also available starting from $3,300 and Four Bedroom Apartments start at $1,082.

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

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.