Cheap Apartments for Rent in the University Hills Neighborhood of Austin, TX from $600 (123 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Villas de Sendero
Rent Specials
$862 - $3,016
Total Monthly Price

Total Monthly Price

Base Rent
$862 - $3,016

Total Monthly Price
$862 - $3,016
Studio to 3 Bedroom Apartments Available Now

Villas de Sendero

7020 Grand Canyon DrAustin, TX 78752
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property at 7111 E Hwy 290

$850 - $1,095

1 To 2 Bedroom Rentals

Available Apr 16

7111 E Hwy 290

AustinTX78723

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.

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.

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Overture Mueller
$1,166 - $3,603
Total Monthly Price

Total Monthly Price

Base Rent
$1,166 - $3,603

Total Monthly Price
$1,166 - $3,603
1 to 2 Bedroom Apartments Available Now

Overture Mueller

4818 Berkman DrAustin, TX 78723
Senior Living
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Windsor Commons
$1,216 - $3,228
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$1,216 - $3,228

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Studio to 2 Bedroom Apartments Available Now

Windsor Commons

5900 Westminster DrAustin, TX 78723
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The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX

Moving to Austin? Get an insider’s guide to managing costs in the Music Capitol. Discover which affordable ATX neighborhoods fit your budget and lifestyle.

Beyond "Keep Austin Weird": Your Insider's Ultimate Guide to Renting and Living in Austin, Texas

Moving to Austin, TX? We are Here to Help. Our Local Expert Breaks Down the Commute reality, Renting Around the City, the Job Scene, and Shares Recommendations for 5 Great Austin Neighborhoods You Should Explore First.

University Hills, Austin, TX Local Guide

Cheapest Available University Hills Apartments for Rent

 

The cheapest available apartment rental in the University Hills area of Austin, TX is a 1 Bed unit found at Wildwood Apartments priced from $699. Villas at Mueller has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable University Hills apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Wildwood ApartmentsA11BR,1BA$699
Villas at MuellerCentral Austin 1 Bed 1 Bath @ Villas at Mueller...1BR,1BA$699
Vue at the Camerons0x1Studio,1BA$699
Heights at the Cameron0x1Studio,1BA$699
Centro Studio HomesCentro Studio Home - 1st FloorStudio,1BA$729
Park Place at Loyola Apartments1A1BR,1BA$776
Sage Hill Apartment HomesStudioStudio,1BA$777
The Courtmoor on CameronA11BR,1BA$781
Ashford Costa Brava1X1A1BR,1BA$798
Mueller Flats ApartmentsTerminal1BR,1BA$799

Best Value Apartments for Rent in University Hills, TX

As of April 11, 2026 the best value apartment in the University Hills area is the $0.99 price per square foot 3A Model at Park Place at Loyola Apartments in the in the University Hills neighborhood starting from $1,097. The second greatest value University Hills apartment is the B1 Model at Flats at Wellington starting at $849 with a $0.90 price per square foot in the East Austin neighborhood. Here is today’s list of the best values for University Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park Place at Loyola Apartments3A3BR,2BA$0.99
Flats at WellingtonB12BR,1BA$0.90
The Jordan at MuellerOne Bedrooms1BR,1BA$1.45
Wildwood ApartmentsB12BR,1BA$1.39
Eryngo Hills1 Bedroom1BR,1BA$1.27
City View at MuellerA21BR,1BA$1.27
The Terrace at Walnut CreekA11BR,1BA$1.43
Villas at Mueller1x1 Renovated1BR,1BA$1.30
Ashford Costa Brava1X1A1BR,1BA$1.25
Ashford Costa Esmeralda1X1-B1BR,1BA$1.43

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers

The Austin job market is booming, but where should you live? Discover the most affordable and charming neighborhoods that put you minutes from Dell Seton, IBM, and Dell.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Local Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Austin, TX metro area for affordable living. Find your perfect Austin Student apartment, condo, or rental home today at ApartmentHomeliving.com

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
University Hills, Austin, TX

Ranked #74

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Austin. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap University Hills Apartments

What is a cheap apartment in University Hills?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Hills is under $799.

What is the price of a cheap apartment in University Hills?

The cheapest apartment in University Hills is Wildwood Apartments which is listed at $699, while the average apartment in University Hills costs $6,464.

What types of apartments are the cheapest in University Hills?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 101 regular apartments in University Hills that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in University Hills?

Cheap apartments in University Hills have an average cost of $826 which is $5,638 cheaper than the average rent for all rentals in University Hills.

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.

Helpful Local Expert Guides

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Written by: Raul Mercado

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

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For many people the College years are some of the best years of your life. And you can certainly make the most of those years by finding the perfect place around your campus to call home.

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Hi, I’m Raul, the ApartmentHomeLiving.com Local Guide for Austin. I’ve called the area home long enough to know all the shortcuts and best places to check out and am happy to share them with you today.

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Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers

Written by: Raul Mercado

Hello! I’m Raul, your ApartmentHomeLiving.com local expert for Austin, Texas. I’ve spent years exploring Austin’s neighborhoods throughout my time living in this great city in different apartments and homes.

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.