The Best Deals on Rent: 5 Low-Cost Apartments in Austin

Austin has grown to become an important technology hub, and as such it is like a magnet to highly educated and high-income young adults. Needless to say, this trend has helped boost apartment demand and—more importantly—rents. According to Yardi Matrix, the average rent in Austin is currently $1,262, but high-end penthouses often command north of ten grand per month… While these are all flawless pieces of real estate, you don’t have to make any compromises even if you’re on a more modest budget. In fact, we have already found five low-cost apartments in Austin worth checking out, all of them well under the city’s average rent!

Solaris — Riverside — rents starting at $640 — Check availability

Would you be willing to accept compromises if we were to show you some truly cheap apartments? Before you answer: you shouldn’t lower your expectations. Just minutes from downtown, Solaris offers fully furnished units and a multitude of common-space amenities. Fireplace, dog park, city views—you name it, it’s got it.

Avesta Solano — Georgian Acres — rents starting at $683 — Check availability

If you prefer North Austin instead, this property is similar to the previous one in terms of both convenience and price. Avesta Solano offers fully updated one- and two-bedroom apartment homes with spacious floor plans; the units come with washer/dryer connections, dishwashers, private patios, individual climate control and numerous other mod cons. The outdoor space has a tranquil pool with plenty of deck space for relaxation, as well as picnic areas and playground for the kids.

Avesta Agave Falls — Coronado Hills — rents starting at $703 — Check availability

Remaining in the northern region, this Coronado Hills community is clearly for those who like their rooms to be roomy. You can choose from exceptionally large one- and two-bedroom floor plans—up to 822 and 1296 square feet, respectively. Avesta Agave Falls is also pet-friendly, and even the pet rent is a very reasonable $10 per month per dog/cat.

Mira Vista Apartments — Windsor Hills — rents starting at $755 — Check availability

The newly renovated apartments at this Windsor Hills community are equipped with everything from individual AC and heating to energy-efficient kitchen appliances and large walk-in closets. The community’s stellar location at Middle Fiskville Road in the Windsor Hills neighborhood of Austin benefits from proximity to several shopping centers, schools and a major transit stop.

Walnut Creek Crossing — River Oaks — rents starting at $770 — Check availability

This is definitely one for the physically active! Not because you’d have to run to get back to civilization (the area has all the groceries, shopping centers and restaurants you’ll ever need), but because hike and bike trails are a stone’s throw away from Walnut Creek Crossing. There are also plenty of amenities available on-site that promote a healthy lifestyle such as a fitness center and a swimming pool—as well as picnic areas and hot tubs for the cheat days 😉

This was just a narrow selection, but make sure to take a look at RentCafe for the full experience as we have low-cost rentals all over Austin, catering for all tastes and budgets.