
Cheap Homes for Rent in The Drag Neighborhood of Austin, TX from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the The Drag area of Austin.


2802 Nueces St

2813 Rio Grande St
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.

2714 Nueces St

2529 Rio Grande St

501 W 26th St
When Life Happens: Your Options for Ending a Rental Lease Early
Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.
The Drag, Austin, TX Local Guide

How much does it cost to rent a home in The Drag?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
The Drag 2 Bedroom Homes for Rent | $1,870 | $1,600 | $2,450 |
The Drag 3 Bedroom Homes for Rent | $2,275 | $1,850 | $2,700 |
The Drag 4 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the The Drag Neighborhood of Austin, TX.
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The Drag, Austin, TX Local Guide
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Cheapest Available The Drag Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Union on San Antonio | S1 - Ryder | Studio,1BA | $1,905 |
Inspire on 22nd | A1 ANSI | 1BR,1BA | $2,050 |
Best Value Apartments for Rent in The Drag, TX
As of July 31, 2025 the best value apartment in the The Drag area is the $0.73 price per square foot 6 Bed, 6 Bath Plus Model at Yugo Austin Waterloo in the in the Central East Austin neighborhood starting from $1,229. The second greatest value The Drag apartment is the 2X2 Model at GrandMarc Austin starting at $1,389 with a $1.38 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 Waterloo | 6 Bed, 6 Bath Plus | 6BR,6BA | $0.73 |
GrandMarc Austin | 2X2 | 2BR,2BA | $1.38 |
2810 Nueces St, Unit 104 | 2810 Nueces St | 1BR,1BA | $2.08 |
Inspire on 22nd | A1 ANSI | 1BR,1BA | $3.73 |
Union on San Antonio | S1 - Ryder | Studio ,1BA | $6.61 |
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Frequently Asked Questions about The Drag
What type of rentals are currently available in The Drag?
There are currently 35 Apartments for Rent in The Drag, TX with pricing that ranges from $845 to $2,240. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Drag ranging from $910 to $2,700.
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 $2,700 with an average monthly rent of $1,828.
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 $1,445, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $2,700. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $994.
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.

The 10 Best Affordable Neighborhoods in Austin, TX
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.