
Cheap Homes for Rent in The Drag Neighborhood of Austin, TX from $400 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the The Drag area of Austin.


2813 Rio Grande St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

2714 Nueces St

2529 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.
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 | $2,110 | $1,995 | $2,295 |
The Drag 3 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in The Drag, TX
As of September 16, 2025 the best value apartment in the The Drag area is the $0.83 price per square foot D1 - Trinity Model at Union on San Antonio in the in the Central East Austin neighborhood starting from $1,050. The second greatest value The Drag apartment is the B11 Model at Venue on Guadalupe starting at $1,303 with a $1.08 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. |
---|---|---|---|
Union on San Antonio | D1 - Trinity | 4BR,4BA | $0.83 |
Venue on Guadalupe | B11 | 2BR,2BA | $1.08 |
zGrandMarc Austin | 2X2 | 2BR,2BA | $1.38 |
Yugo Austin Waterloo | 3 Bed, 3 Bath | 3BR,3BA | $1.59 |
Inspire on 22nd | B1 ANSI | 2BR,2BA | $2.04 |
Villas on Guadalupe | A1 Alt | 1BR,1BA | $2.58 |
Nueces | 1 bedroom 1 bathroom-A4 | 1BR,1BA | $3.27 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleThe Drag, Austin, TX
Ranked #138
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about The Drag
What type of rentals are currently available in The Drag?
There are currently 34 Apartments for Rent in The Drag, TX with pricing that ranges from $474 to $2,269. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Drag ranging from $495 to $2,295.
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 $495 to $2,295 with an average monthly rent of $1,502.
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 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.

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.

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.