Cheap Apartments for Rent in the University of Texas Austin Neighborhood of Austin, TX from $400 (100 Rentals)

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

property at 1008 W 25th St

1008 W 25th St

AustinTX78705
property at 400 W 34th St

400 W 34th St

AustinTX78705

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property at 2408 Leon St

2408 Leon St

AustinTX78705

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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 $700. La Casita has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. 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$700
La Casita1BR/1.0BA1BR,1BA$750
Pinnacle 31EfficiencyStudio,1BA$875
305 FlatsCap CityStudio,1BA$900
Greenwood SquareStudio-Studio,1BA$979
Villas on RioD5TH-SHARED4BR,4BA$979
Nova HouseA11BR,1BA$995
Fountain Terrace ApartmentsA2 Classic1BR,1BA$995
THE EASTWOODNorth Classic2BR,2BA$1,000
Lone Star Lofts1BR/1.0BA1BR,1BA$1,000

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

As of October 09, 2025 the best value apartment in the University of Texas Austin area is the $0.45 price per square foot D5TH-SHARED Model at Villas on Rio in the in the Central East Austin neighborhood starting from $979. The second greatest value University of Texas Austin apartment is the D1 - Trinity Model at Union on San Antonio starting at $1,050 with a $0.83 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.
Villas on RioD5TH-SHARED4BR,4BA$0.45
Union on San AntonioD1 - Trinity4BR,4BA$0.83
Sterling3 bedroom 3 bathroom-C13BR,3BA$0.97
GrandMarc Austin2X22BR,2BA$1.38
24 Longview4x24BR,2BA$0.49
Stone Hill Apartments2-Bedroom2BR,2BA$1.55
Sparq on RioSan Antonio2BR,2BA$1.55
Point North Student LivingB12BR,2BA$1.18
Casa Del Rio ApartmentsB12BR,1BA$1.38
La CasitaREMODELED 2x12BR,1BA$1.15

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Pet Friendly Lifestyle
University Of Texas Austin, Austin, TX

Ranked #54

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 $1,000.

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 $750, while the average apartment in University of Texas Austin costs $18,900.

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 113 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 $882 which is $18,018 cheaper than the average rent for all rentals in University of Texas Austin.

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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The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

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

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.