Cheap Apartments for Rent in the University of Texas Austin Neighborhood of Austin, TX from $600 (157 Rentals)

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

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2413 Leon St, Unit #201
$800
Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800
1 Bedroom Apartment Available Now

2413 Leon St, Unit #201

2413 Leon StAustin, TX 78705
Affordability
property at 307 E 31st St

$800 - $900

2 Bedroom Rentals

Available Now

307 E 31st St

AustinTX78705

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property at 2801 Rio Grande

$1,450

Total Monthly Price

Total Monthly Price

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

2 Bedroom, 2 Bath Condo for Rent

Available Now

2801 Rio Grande, Unit 304

2801 Rio Grande
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 1 Bed unit found at San Gabriel Place 303 priced from $600. La Casita has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable University of Texas Austin apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
San Gabriel Place 3031BR/1.0BA1BR,1BA$600
La Casita1BR/1.0BA1BR,1BA$699
San Gabriel Square Apartments2BR/1BA2BR,1BA$799
Pinnacle 31EfficiencyStudio,1BA$875
305 FlatsStudio - ClassicStudio,1BA$895
North 40North 40 - 2 Bed 1 Bath2BR,1BA$899
621 W 31st StStudioStudio,1BA$950
Swisher Apartments1BR/1.0BA1BR,1BA$975
The Carrells Apartments1 Bed, 1 bath1BR,1BA$995

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

As of August 17, 2026 the best value apartment in the University of Texas Austin area is the $0.53 price per square foot San Pedro Model at Sparq on Rio in the in the Central East Austin neighborhood starting from $829. The second greatest value University of Texas Austin apartment is the Boulder B Model at Signature 1909 starting at $1,100 with a $0.82 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.
Sparq on RioSan Pedro3BR,3BA$0.53
Signature 1909Boulder B4BR,4BA$0.82
Marian Condos2x22BR,2BA$1.10
Karnes2 Bedroom 2 Bathroom Double occupancy-B12BR,2BA$0.72
21 Pearl3 Bed x 2 Bath3BR,2BA$0.97
Texan 262x2 Loft2BR,2BA$1.36
Point NorthB3 | ONE FEMALE SPACE LEFT2BR,2BA$1.23
North 40North 40 - 2 Bed 1 Bath2BR,1BA$1.06
La Casita2BR/1.0BA2BR,1BA$1.12
Shanti Apartments2BR/1.0BA2BR,1BA$1.33

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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 #60

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

Pet Friendliness Lifestyle Score

3.5
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 $995.

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

The cheapest apartment in University of Texas Austin is San Gabriel Place 303 which is listed at $600, while the average apartment in University of Texas Austin costs $1,553.

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 153 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 $898 which is $655 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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