Cheap Apartments for Rent in Round Rock, TX from $500 (135 Rentals)

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Search the lowest-cost Apartments available for rent right now in Round Rock.

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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The Creek
Rent Specials
$894 - $1,935
Total Monthly Price

Total Monthly Price

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$894 - $1,935
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1 to 2 Bedroom Apartments Available Now

The Creek

1525 Palm Valley BlvdRound Rock, TX 78664
Outdoors
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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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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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Lone Oak
Rent Specials
$1,036 - $2,205
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Total Monthly Price

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$1,036 - $2,205
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1 to 3 Bedroom Apartments Available Now

Lone Oak

1201 Hidden Valley DrRound Rock, TX 78665
Pet Friendly
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401 Teravista
Rent Specials
$1,087 - $3,583
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$1,087 - $3,583
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1 to 3 Bedroom Apartments Available Now

401 Teravista

401 Teravista PkyRound Rock, TX 78665
Corporate Housing
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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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Azola Avery Centre
Rent Specials
$1,186 - $2,389
Total Monthly Price

Total Monthly Price

Base Rent
$1,186 - $2,389
Total Monthly Price
$1,186 - $2,389
Studio to 3 Bedroom Apartments Available Now

Azola Avery Centre

3801 N A W Grimes BlvdRound Rock, TX 78665
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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.

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Round Rock, TX Local Guide

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Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Round Rock, TX

Pricing Updated: 05/20/2026

Current apartment rentals in the Round Rock, TX area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Round Rock Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Pemberton Heights$1,450$48958
Downtown Round Rock$1,699$81598

Cheapest Available Round Rock Apartments for Rent

 

The cheapest available apartment rental in Round Rock, TX is a 1 Bed unit found at Waters at Willow Run in the Northwest Austin neighborhood priced from $540. Sunchase in the Chandler Road Retail neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Round Rock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waters at Willow RunA1 - One Bedroom One Bath1BR,1BA$540
SunchaseA11BR,1BA$795
Bellwood1x11BR,1BA$848
Apple Creek Apartments1x1-4601BR,1BA$850
Derby ParkA11BR,1BA$860
District at La FronteraA21BR,1BA$866
The Nine on ShorelineA1-Income restricted call for details1BR,1BA$869
SummersetStudioStudio,1BA$875
Cedar Station Apartments1 Bedroom, 1 Bath1BR,1BA$875
MAA Wells BranchLarkin1BR,1BA$893

Best Value Apartments for Rent in Round Rock, TX

As of May 20, 2026 the best value apartment in the Round Rock area is the $1.08 price per square foot 1029 Forest Bluff Trail Model at 1029 Forest Bluff Trail, Unit Full House in the in the The Commons At Rowe Lane neighborhood starting from $2,195. The second greatest value Round Rock apartment is the 3x2 A Model at Shadow Ridge starting at $1,707 with a $1.28 price per square foot in the Chandler Road Retail neighborhood. Here is today’s list of the best values for Round Rock apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1029 Forest Bluff Trail, Unit Full House1029 Forest Bluff Trail4BR,2BA$1.08
Shadow Ridge3x2 A3BR,2BA$1.28
The Nine on ShorelineC13BR,2BA$1.27
Waters at Willow RunC1 - Three Bedroom Two Bath3BR,2BA$1.20
Townhomes at Double CreekThe Birch3BR,2BA$1.22
MAA Wells BranchRosenbaum2BR,1BA$1.20
City North at Sunrise RanchWillow1BR,1BA$1.26
Bellwood1x11BR,1BA$1.10
Westchester Woods ApartmentsA21BR,1BA$1.17
Cedar Station Apartments1 Bedroom, 1 Bath1BR,1BA$1.27

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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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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Round Rock Overview

Located just a hop and skip down I-35 to the Live Music Capital of Austin, Texas, Round Rock apartments truly offer the 'best of both worlds' experience to residents. Close to shopping, schools and plenty of dining options while still maintaining that rural Texas feel, this is one boot-stompin' hot spot well worth your consideration.

Why live in Round Rock, TX?

Close to the Austin job market yet boasting a distinct flair all its own, this Lone Star State hotspot is a fantastic place to call home. Readily abundant schools, as well as close proximity to the University of Texas, make Round Rock apartments an easy choice for the education-minded, and local sporting teams such as the Ice Bats make cheering on the home team a breeze. Shopping and nightlife are a stone's throw away, and plenty of that Texas hill country nature can be found with ease as well.

Best Local Schools in
Round Rock, TX

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Round Rock, TX Rentals by Map

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Frequently Asked Questions about Cheap Round Rock Apartments

What is a cheap apartment in Round Rock?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Round Rock is under $893.

What is the price of a cheap apartment in Round Rock?

The cheapest apartment in Round Rock is Waters at Willow Run which is listed at $540, while the average apartment in Round Rock costs $1,574.

What types of apartments are the cheapest in Round Rock?

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 68 regular apartments in Round Rock 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 Round Rock?

Cheap apartments in Round Rock have an average cost of $710 which is $864 cheaper than the average rent for all rentals in Round Rock.

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

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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.

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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.

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

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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.

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Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers

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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.

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

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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.

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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.

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

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

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Maximizing Your Refund: Essential Tax Tips for Renters

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