Cheap Apartments for Rent in the University of Texas Austin Neighborhood of Austin, TX from $400 (176 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 307 E 31st St

$800 - $1,400

2 Bedroom Rentals

Available Now

307 E 31st St

AustinTX78705

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621 W 31st St
$1,050 - $1,100Studio Apartments Contact Us For Availability

621 W 31st St

621 W 31st StAustin, TX 78705
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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 1010 W 26th St

$1,150 - $3,795

Studio To 6 Bedroom Rentals

Available Aug 10

1010 W 26th St

AustinTX78705

The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX

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property at 2712 Whitis Ave

$1,200 - $2,100

1 To 3 Bedroom Rentals

Available Aug 4

2712 Whitis Ave

AustinTX78705
property at 2210 Pearl St

$1,100 - $1,425

1 To 2 Bedroom Rentals

Available Jul 29

2210 Pearl St

AustinTX78705
property at 1910 Robbins Pl

$1,299

Total Monthly Price

Total Monthly Price

Base Rent
$1,299
Total Monthly Price
$1,299

2 Bedroom, 1 Bath Condo for Rent

Available Now

1910 Robbins Pl

AustinTX78705

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.

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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 1 Bed unit found at San Gabriel Square Apartments priced from $649. Miller Square & Spanish Trails has the second lowest priced unit, which is a Studio 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 Efficency1BR,1BA$649
Miller Square & Spanish TrailsE1 - Designer - Miller SquareStudio,1BA$799
La CasitaREMODELED 2x12BR,1BA$799
Marian Condos2x22BR,2BA$800
Azulina Gardens1/11BR,1BA$824
Pinnacle 31EfficiencyStudio,1BA$875
305 FlatsStudio - CentralStudio,1BA$895
Fountain Terrace ApartmentsS1 UpgradedStudio,1BA$895
Montage ApartmentsModel 11BR,1BA$900
Nova HouseA11BR,1BA$975

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

As of April 30, 2026 the best value apartment in the University of Texas Austin area is the $0.90 price per square foot 4 Bed, 4 Bath Plus Model at Yugo Austin Rio in the in the Central East Austin neighborhood starting from $1,309. The second greatest value University of Texas Austin apartment is the 4 Bed, 3 Bath Classic Model at Yugo Austin Nueces starting at $1,289 with a $0.97 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 Rio4 Bed, 4 Bath Plus4BR,4BA$0.90
Yugo Austin Nueces4 Bed, 3 Bath Classic4BR,3BA$0.97
Yugo Austin Corner3 Bed, 2 Bath Deluxe3BR,2BA$0.92
Venue on GuadalupeB32BR,2BA$1.23
24 Longview4x24BR,2BA$0.49
Stone Hill Apartments2-Bedroom2BR,2BA$1.49
Texan 262x2 Loft2BR,2BA$1.30
Point NorthB12BR,2BA$1.18
La Casita2BR/1.0BA2BR,1BA$1.25
The Parker at Hyde Park1 Bed 1 Bath1BR,1BA$1.51

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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

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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 Of Texas Austin, Austin, TX

Ranked #50

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 $975.

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

The cheapest apartment in University of Texas Austin is San Gabriel Square Apartments which is listed at $649, 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 233 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 $1,044 which is $17,951 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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