Cheap Apartments for Rent in the University of Texas Austin Neighborhood of Austin, TX from $600 (189 Rentals)

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

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property at 307 E 31st St

$800 - $1,200

2 Bedroom Rentals

Available Aug 1

307 E 31st St

AustinTX78705
property at 1010 W 26th St

$1,150 - $3,795

Studio To 6 Bedroom Rentals

Available Aug 10

1010 W 26th St

AustinTX78705

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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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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property at 706 W 22nd St

$1,450 - $1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $1,900
Total Monthly Price
$1,450 - $1,900

2 Bedroom, 2 Bath Condo for Rent

Available Aug 7

706 W 22nd St

AustinTX78705
property at 302 E 30th St

$1,450 - $1,650

1 To 2 Bedroom Rentals

Available Aug 12

302 E 30th St

AustinTX78705

Where to Stay in Austin: The Best Neighborhoods for Short-Term Rentals

Austin's short-term rental scene has something for everyone. Get a local insider's take on the five best neighborhoods to stay in, whether you're chasing nightlife, live music, or a quiet home base to explore the city.

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Showing Results 1-50, Page 1 of 4

University of Texas Austin, Austin, TX Local Guide

Cheapest Available University of Texas Austin Apartments for Rent

 

The cheapest available apartment rental in the University of Texas Austin area of Austin, TX is a Studio unit found at San Gabriel Square Apartments priced from $649. La Casita has the second lowest priced unit, which is a 2 Beds apartment currently listed from $799. Here are the most affordable University of Texas Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
San Gabriel Square ApartmentsSmall EfficencyStudio,1BA$649
La CasitaREMODELED 2x12BR,1BA$799
Pinnacle 31EfficiencyStudio,1BA$875
305 FlatsStudio - ClassicStudio,1BA$895
621 W 31st StStudioStudio,1BA$950
Villas on RioB2A-SHARED2BR,2BA$989
The Carrells Apartments1 Bed, 1 bath1BR,1BA$995
Miller Square & Spanish TrailsA2 - Spanish Trails1BR,1BA$1,014
Oasis at the SpeedwayEasy Tiger1BR,1BA$1,025
1400 Rio Grande ApartmentsefficiencyStudio,1BA$1,050

Best Value Apartments for Rent in University of Texas Austin, TX

As of June 29, 2026 the best value apartment in the University of Texas Austin 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 University of Texas Austin apartment is the Nueces Model at Sparq on Rio starting at $809 with a $0.54 price per square foot in the Central East Austin neighborhood. Here is today’s list of the best values for University of Texas Austin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Yugo Austin Nueces4 Bed, 3 Bath Plus4BR,3BA$0.85
Sparq on RioNueces3BR,3BA$0.54
Yugo Austin Rio4 Bed, 4 Bath Plus4BR,4BA$0.90
Point NorthD34BR,4BA$0.61
Signature 1909Boulder B4BR,4BA$0.82
Union on San AntonioD1 - Trinity4BR,4BA$1.19
Union on 24thD2 - The Elton4BR,4BA$1.35
24 Longview4x24BR,2BA$0.69
Villas on RioB2A-SHARED2BR,2BA$1.18
La Casita2BR/1.0BA2BR,1BA$1.25

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

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 Of Texas Austin, Austin, TX

Ranked #41

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap University of Texas Austin Apartments

What is a cheap apartment in University of Texas Austin?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University of Texas Austin is under $1,050.

What is the price of a cheap apartment in University of Texas Austin?

The cheapest apartment in University of Texas Austin is La Casita which is listed at $899, while the average apartment in University of Texas Austin costs $18,995.

What types of apartments are the cheapest in University of Texas Austin?

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 194 regular apartments in University of Texas Austin 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 of Texas Austin?

Cheap apartments in University of Texas Austin have an average cost of $1,065 which is $17,930 cheaper than the average rent for all rentals in University of Texas Austin.

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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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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