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cheap apartments
Last updated January 17 2020 at 5:37 PM

376 Cheap Apartments for rent in Austin, TX

Verified
Last updated January 17 at 04:22pm
20 Units Available
Colonial Grand at Double Creek
11001 S 1st St, Austin, TX
1 Bedroom
$978
711 sqft
2 Bedrooms
$1,078
1053 sqft
3 Bedrooms
$1,708
1308 sqft
Located minutes from I-35 and the 45 Tollway. Amenities include a resort-style pool, training center, and poolside gourmet grilling area. Apartments feature eat-in kitchens, a patio or balcony, and granite-style countertops.
Verified
Last updated January 17 at 04:21pm
22 Units Available
The Terrace At Walnut Creek
8712 Old Manor Road, Austin, TX
1 Bedroom
$992
662 sqft
2 Bedrooms
$1,050
919 sqft
3 Bedrooms
$1,189
1182 sqft
Spacious open floor plans with private patios, well-equipped kitchens, raised ceilings, walk-in closets, and bonus storage. Just off the Manor Expressway near Jordan Elementary and Hope Lutheran Schools.
Verified
Last updated January 17 at 04:21pm
19 Units Available
Bexley 3Five
8003 S Interstate 35, Austin, TX
1 Bedroom
$1,019
760 sqft
2 Bedrooms
$1,334
1126 sqft
3 Bedrooms
Ask
Close to downtown, South Austin, Greenbelt Park and South Park Meadows. Units include washer/dryer hookup, granite counters and hardwood floors. Luxury community offers pool, trash valet, dog park and BBQ grills.
Verified
Last updated January 17 at 04:21pm
14 Units Available
Nine on Shoreline
3501 Shoreline Dr, Austin, TX
1 Bedroom
$878
741 sqft
2 Bedrooms
$1,266
1015 sqft
3 Bedrooms
$1,453
1332 sqft
Located in the Round Rock Independent School District. Close to MoPac Expressway, I-35, Mills Pond Recreation Area, IBM, National Instruments, and shopping at The Domain, La Frontera, and Round Rock Outlets. Gated community with a resort-style pool and walk-in closets with built-in shelving.
Verified
Last updated January 17 at 04:21pm
North Austin
13 Units Available
The Ivy
8912 N Lamar Blvd, Austin, TX
Studio
$829
479 sqft
1 Bedroom
$889
571 sqft
2 Bedrooms
$1,309
816 sqft
Located just off of Highway 183 and the downtown Austin area. Apartments include ceiling fans, premium countertops, subway tile backsplashes, open floor plans and spacious, walk-in closets.
Verified
Last updated January 17 at 04:21pm
4 Units Available
Bridge At South Point
6808 S Interstate 35, Austin, TX
Studio
$875
629 sqft
Austin, TX Apartments Bridge at South Point in Austin, Texas, offers studio, one, and two bedroom apartments for rent designed to cater to your need for style and convenience.
Verified
Last updated January 17 at 04:21pm
26 Units Available
Highlands Hill Country
3014 W William Cannon Dr, Austin, TX
1 Bedroom
$1,127
767 sqft
2 Bedrooms
$1,148
1060 sqft
3 Bedrooms
$1,476
1242 sqft
This charming, pet-friendly community is minutes from the area's freeways, schools and parks. On-site amenities include a hot tub, bark park and pool. Gated community. Homes offer 9-foot ceilings, walk-in closets, and balconies.
Verified
Last updated January 17 at 04:21pm
21 Units Available
San Marin
3625 Duval Rd, Austin, TX
1 Bedroom
$971
808 sqft
2 Bedrooms
$1,236
1066 sqft
3 Bedrooms
Ask
A modern community tucked into a wooded area near Northwest Austin. On-site amenities include a resort-like pool and bark park. Apartments offer walk-in closets, hardwood floors and 9-foot ceilings. Pet-friendly.
Verified
Last updated January 17 at 04:21pm
18 Units Available
The Estate on Quarry Lake
4600 Seton Center Pkwy, Austin, TX
1 Bedroom
$1,080
787 sqft
2 Bedrooms
$1,565
1177 sqft
Peaceful community with lakeside running and walking trail, 24-hour gym and pool. Units feature in-home laundry, private patio/balcony, walk-in closets and hardwood floors. Pet-friendly with a dog park on premises.
Verified
Last updated January 17 at 04:21pm
35 Units Available
Abelia Flats
8225 FM 620, Austin, TX
Studio
$1,115
515 sqft
1 Bedroom
$1,005
678 sqft
2 Bedrooms
$1,110
931 sqft
Perfect convenience with shopping and Concordia University within walking distance. One- to three-bedroom apartments are pet friendly and have in-unit laundry, walk-in closets and patio/balcony. Pool and hot tub, plus playground for kids.
Verified
Last updated January 17 at 04:21pm
26 Units Available
Nolina Flats
8021 FM 620, Austin, TX
1 Bedroom
$1,015
815 sqft
2 Bedrooms
$1,370
1074 sqft
3 Bedrooms
$1,505
1362 sqft
Close to Concordia University and Four Points Center. Renovated apartments have fireplace, in-unit laundry and more. Amenities include clubhouse, pool, hot tub and parking garage. Pet friendly.
Verified
Last updated January 17 at 04:21pm
17 Units Available
Balcones Club
9218 Balcones Club Dr, Austin, TX
1 Bedroom
$945
746 sqft
2 Bedrooms
$1,230
1038 sqft
Spacious one- and two-bedroom apartments just minutes from Highway 183, near the Arboretum and adjacent to Balcones Country Club. Renovated with modern kitchens, French Doors, ceiling fans, vaulted ceilings, W/D hookups. Enjoy pool, fitness center.
Verified
Last updated January 17 at 04:21pm
Parmer Center
8 Units Available
Bridge at Center Ridge
701 Center Ridge Dr, Austin, TX
1 Bedroom
$915
664 sqft
2 Bedrooms
$1,285
1045 sqft
The Bridge at Center Ridge is located at 701 Center Ridge Drive, Austin, TX and is managed by Apartment Management Professionals, a reputable property management company with verified listings on RENTCafe.
Verified
Last updated January 17 at 04:21pm
28 Units Available
Sycamore Springs
9801 W Parmer Ln, Austin, TX
1 Bedroom
$992
758 sqft
2 Bedrooms
$1,294
1072 sqft
3 Bedrooms
$1,523
1362 sqft
Contemporary homes with stainless steel appliances and walk-in closets. Plenty of community offerings, including a basketball court and grilling station. Shop at Lakeline Mall or tour Austin Aquarium (both are nearby).
Verified
Last updated January 17 at 04:21pm
11 Units Available
Juniper Springs
3500 Greystone Dr, Austin, TX
1 Bedroom
$1,091
737 sqft
2 Bedrooms
$1,309
1065 sqft
3 Bedrooms
$2,075
1343 sqft
Luxurious community has concierge services, personalized shopping services, and pool. Units have unique layouts and open floor plans. Located within minutes of Mopac 1 and Highway 183.
Verified
Last updated January 17 at 03:55pm
North University
1 Unit Available
Cedar 31
3008 Cedar Street, Austin, TX
1 Bedroom
$1,140
650 sqft
Progress made over last decade placed the world at our fingertips, yet some services, like property management, still feel archaic.
Verified
Last updated January 17 at 03:55pm
Dawson
1 Unit Available
The Element Studios
2526 Durwood St, Austin, TX
Studio
$995
420 sqft
Just minutes from I-96, Michigan State University, Lansing Mall and the Saginaw Shopping Center. Air conditioning, full appliances, washer and dryer hookups, and separate dining areas.
Verified
Last updated January 17 at 03:55pm
1 Unit Available
Hidden Timber Apartments
13359 Pond Springs Rd, Austin, TX
2 Bedrooms
$975
746 sqft
Charming, smaller community of spacious apartments. Each offers a balcony or patio, updated amenities, and green space. On-site amenities include walking trails and a pool. Near area schools and parks.
Verified
Last updated January 17 at 05:07pm
Riverside
38 Units Available
Waterloo Flats
1300 S Pleasant Valley Rd, Austin, TX
Studio
$823
388 sqft
1 Bedroom
$1,099
586 sqft
2 Bedrooms
$1,399
927 sqft
Beautiful apartment community with courtyards, fitness center, Google Fiber and laundry facilities. Apartments have large closets, new windows, patio/balcony and storage areas. Walk to Lady Bird Lake Hike & Bike Trail.
Verified
Last updated January 17 at 05:07pm
49 Units Available
Tintara at Canyon Creek
7655 Ranch Road 620 N, Austin, TX
1 Bedroom
$985
762 sqft
2 Bedrooms
$1,085
1038 sqft
3 Bedrooms
$1,415
1290 sqft
A recently renovated community with granite countertops, hardwood floors and updated appliances. Beautifully groomed grounds, on-site pool, gym and a dog park. Near area schools and parks.
Verified
Last updated January 17 at 05:07pm
Milwood
27 Units Available
Villages at Turtle Rock
12800 Turtle Rock Rd, Austin, TX
1 Bedroom
$1,029
724 sqft
2 Bedrooms
$1,518
1043 sqft
3 Bedrooms
$1,551
1381 sqft
Located close to Robinson Park and just to the west of the 183. Luxurious apartments include a dishwasher, a patio or balcony, and a modern kitchen with stainless steel appliances. Pool and concierge available.
Verified
Last updated January 17 at 02:29pm
58 Units Available
IMT Southpark
715 W Slaughter Ln, Austin, TX
1 Bedroom
$1,090
730 sqft
2 Bedrooms
$1,440
1079 sqft
3 Bedrooms
Ask
Close to Southpark Meadows shopping center. Each apartment features wood-inspired floors, walk-in closets, an in-home washer and dryer, and a private patio or balcony. Leisure amenities include multiple swimming pools and 24-hour fitness centers.
Verified
Last updated January 17 at 02:03pm
17 Units Available
Stonecreek Ranch
333 E Slaughter Ln, Austin, TX
1 Bedroom
$1,049
712 sqft
2 Bedrooms
$1,219
1013 sqft
3 Bedrooms
$1,509
1248 sqft
Steps away from Walmart Supercenter, Sam's Club and JCPenney. Residents enjoy 24-hour maintenance, clubhouse and parking. Units feature energy-efficient wood blinds, 9-foot ceilings, garden tubs and washer-dryer connections.
Verified
Last updated January 17 at 01:32pm
East Oak Hill
37 Units Available
River Stone Ranch
5701 S Mo Pac Expy, Austin, TX
1 Bedroom
$1,025
768 sqft
2 Bedrooms
$1,305
1163 sqft
Downtown Austin is only minutes away from this property. Units feature breakfast bars, fireplaces and their own patio or balcony. Residents also enjoy a volleyball court, clubhouse, swimming pool and on-site laundry.

January 2020 Austin Rent Report

Welcome to the January 2020 Austin Rent Report. Austin rents increased over the past month. In this report, we'll evaluate trends in the Austin rental market, including comparisons to cities throughout the state and nation.

View full Rent Report

January 2020 Austin Rent Report

Welcome to the January 2020 Austin Rent Report. Austin rents increased over the past month. In this report, we'll evaluate trends in the Austin rental market, including comparisons to cities throughout the state and nation.

Austin rent trends were flat over the past month

Austin rents have remained flat over the past month, however, they have increased moderately by 3.1% year-over-year. Currently, median rents in Austin stand at $1,192 for a one-bedroom apartment and $1,471 for a two-bedroom. Austin's year-over-year rent growth leads the state average of 1.5%, as well as the national average of 1.4%.

    Rents rising across cities in Texas

    Throughout the past year, rent increases have been occurring not just in the city of Austin, but across the entire state. Of the largest 10 cities that we have data for in Texas, all of them have seen prices rise. The state as a whole logged rent growth of 1.5% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

    • Looking throughout the state, Plano is the most expensive of all Texas' major cities, with a median two-bedroom rent of $1,472; of the 10 largest Texas cities that we have data for, all have seen rents rise year-over-year, with Austin experiencing the fastest growth (+3.1%).
    • Plano, Dallas, and Arlington have all experienced year-over-year growth above the state average (2.5%, 2.2%, and 2.2%, respectively).

    Similar cities nationwide show more affordable rents compared to Austin

    As rents have increased moderately in Austin, a few similar cities nationwide have also seen rents grow modestly. Compared to most other large cities across the country, Austin is less affordable for renters.

    • Austin's median two-bedroom rent of $1,471 is above the national average of $1,192. Nationwide, rents have grown by 1.4% over the past year compared to the 3.1% increase in Austin.
    • While Austin's rents rose moderately over the past year, many cities nationwide also saw increases, including Phoenix (+3.8%), Seattle (+1.8%), and DC (+1.6%).
    • Renters will generally find more expensive prices in Austin than most similar cities. For example, Detroit has a median 2BR rent of $898, where Austin is more than one-and-a-half times that price.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    City
    Median 1BR price
    Median 2BR price
    M/M price change
    Y/Y price change
    Austin
    $1,190
    $1,470
    0.1%
    3.1%
    Round Rock
    $1,290
    $1,590
    0.1%
    3.8%
    Cedar Park
    $1,360
    $1,680
    0.1%
    3%
    Georgetown
    $1,170
    $1,440
    -0.5%
    0.8%
    Pflugerville
    $1,320
    $1,630
    1.3%
    3.5%
    San Marcos
    $960
    $1,190
    0.1%
    1.1%
    See More

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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