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

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 307 E 31st St

$800 - $1,400

2 Bedroom Rentals

Available Now

307 E 31st St

AustinTX78705

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.

Read Article

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.

Read Article

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.

Read Article
property at 1010 W 26th St

$1,150 - $3,795

Studio To 6 Bedroom Rentals

Available Aug 10

1010 W 26th St

AustinTX78705
property at 2712 Whitis Ave

$1,200 - $2,100

1 To 3 Bedroom Rentals

Available Aug 4

2712 Whitis Ave

AustinTX78705

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.

Read Article
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
property at 3115 Helms St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

2 Bedroom, 2 Bath Condo for Rent

Available Aug 13

3115 Helms St, Unit 108, Unit 108

3115 Helms St
AustinTX78705

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.

Read Article
Showing Results 1-50, Page 1 of 4

UT, Austin, TX Local Guide

Cheapest Available UT Apartments for Rent

 

The cheapest available apartment rental in the UT area of Austin, TX is a Studio 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 UT apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
San Gabriel Square ApartmentsSmall EfficencyStudio,1BA$649
Miller Square & Spanish TrailsE1 - Designer - Miller SquareStudio,1BA$799
La CasitaREMODELED 2x12BR,1BA$799
Marian Condos2x22BR,2BA$800
Pinnacle 31EfficiencyStudio,1BA$875
Fountain Terrace ApartmentsA1 Upgraded1BR,1BA$895
Montage ApartmentsModel 11BR,1BA$900
Swisher Apartments1BR/1.0BA1BR,1BA$975
Villas on RioB2A-SHARED2BR,2BA$989
The Carrells Apartments1 Bed, 1 bath1BR,1BA$995

Best Value Apartments for Rent in UT, TX

As of May 18, 2026 the best value apartment in the UT area is the $0.73 price per square foot 5 Bed, 4 Bath Model at Yugo Austin Corner in the in the Central East Austin neighborhood starting from $1,255. The second greatest value UT apartment is the 4 Bed, 4 Bath Deluxe Model at Yugo Austin Rio starting at $1,449 with a $0.91 price per square foot in the Central East Austin neighborhood. Here is today’s list of the best values for UT apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Yugo Austin Corner5 Bed, 4 Bath5BR,4BA$0.73
Yugo Austin Rio4 Bed, 4 Bath Deluxe4BR,4BA$0.91
Point NorthD34BR,4BA$0.61
Yugo Austin Nueces4 Bed, 2 Bath Classic4BR,2BA$0.94
Union on San AntonioD1 - Trinity4BR,4BA$1.19
Venue on GuadalupeB22BR,2BA$1.17
Sparq on RioSalado2BR,2BA$1.37
Texan 262x2 Loft2BR,2BA$1.30
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.

Read Article
Decorative image

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.

Read Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Ut, Austin, TX

Ranked #44

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

This website compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Texas including UT, Austin, and the greater Austin area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap UT Apartments

What is a cheap apartment in UT?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in UT is under $995.

What is the price of a cheap apartment in UT?

The cheapest apartment in UT is Fountain Terrace Apartments which is listed at $895, while the average apartment in UT costs $18,995.

What types of apartments are the cheapest in UT?

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 180 regular apartments in UT 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 UT?

Cheap apartments in UT have an average cost of $1,008 which is $17,987 cheaper than the average rent for all rentals in UT.

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

decorative image for The 10 Best Affordable Neighborhoods in Austin, TX article

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 Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin article

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

Written by: Raul Mercado

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.

decorative image for Beyond "Keep Austin Weird": Your Insiders Ultimate Guide to Renting and Living in Austin, Texas article

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

Written by: Raul Mercado

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.

decorative image for Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers article

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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

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.