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Cheap Apartments for Rent in Austin, TX - 1,409 Rentals available

Apartments Under $800

  • (3)
    1601 Royal Crest Drive, Austin, TX 78741
    $722 - $1,147
    • Studio-4 Beds
    • 1-2.5 Baths
    Centaurus Investments
    Available Today! Last updated 19 Jan 2021
    (512) 991-0472
  • 7117 Wood Hollow Dr., Austin, TX 78731
    $726 - $961
    • 1-2 Beds
    • 1-2 Baths
    Westdale Asset Management
    Available Today! Last updated 19 Jan 2021
    (844) 378-5111
  • 1200 Mearns Meadow Blvd., Austin, TX 78758
    See current rent specials
    $745 - $1,107
    • Studio-2 Beds
    • 1-2 Baths
    RAM Partners, LLC
    Available Today! Last updated 18 Jan 2021
    (833) 396-4160
  • 1071 Clayton Lane, Austin, TX 78723
    See current rent specials
    $749 - $1,149
    • 1-2 Beds
    • 1-2 Baths
    Firmus Management
    Available Today! Last updated 19 Jan 2021
    (512) 453-4968
  • (9)
    3543 Greystone Dr, Austin, TX 78731
    $766 - $1,238
    • 1-2 Beds
    • 1-2 Baths
    Westdale Asset Management
    Available Today! Last updated 19 Jan 2021
    (844) 313-5027
  • 9219 Anderson Mill Road, Austin, TX 78729
    $777 - $1,327
    • 1-2 Beds
    • 1-2 Baths
    Gold Standard Asset Management
    Available Today! Last updated 18 Jan 2021
    (512) 250-0819
  • 2504/2506 Manor Rd, Austin, TX 78722
    $779 - $804
    • Studio
    Roscoe Properties
    Available Today! Last updated 19 Jan 2021
    (512) 320-9955
  • 2604 Manor Rd, Austin, TX 78722
    $779 - $1,299
    • Studio-2 Beds
    • 1 Bath
    Roscoe Properties
    Available Today! Last updated 18 Jan 2021
    (737) 265-4779
  • 9500 Dessau Rd., Austin, TX 78754
    $783 - $2,100
    • 1-2 Beds
    • 1-2 Baths
    Pinnacle
    Last updated 18 Jan 2021
    (844) 552-6015
  • 12342 Hunters Chase Dr., Austin, TX 78729
    $784 - $1,122
    • 1-2 Beds
    • 1-2 Baths
    Westdale Asset Management
    Last updated 19 Jan 2021
    (844) 219-8992
  • 7630 Wood Hollow Dr., Austin, TX 78731
    $796 - $1,446
    • 1-2 Beds
    • 1-2 Baths
    Westdale Asset Management
    Last updated 19 Jan 2021
    (844) 262-9125
  • 2700 Manor Road, Austin, TX 78722
    $799
    • Studio
    • 1 Bath
    Roscoe Properties
    Last updated 19 Jan 2021
    (512) 320-9955
  • 10401 N Lamar Blvd, Austin, TX 78753
    $799 - $949
    • 1-2 Beds
    • 1-2 Baths
    Apartment Management Professionals
    Last updated 19 Jan 2021
    (512) 834-8968
  • 701 W. Longspur Blvd., Austin, TX 78753
    $799 - $1,322
    • Studio-2 Beds
    • 1-2 Baths
    Westdale Asset Management
    Last updated 19 Jan 2021
    (844) 378-5150
  • 8912 North Lamar Blvd, Austin, TX 78753
    $799 - $1,340
    • Studio-2 Beds
    • 1 Bath
    Roscoe Properties
    Last updated 19 Jan 2021
    (844) 378-6878

Apartments Under $900

  • (5)
    1801 Wells Branch, Austin, TX 78728
    See current rent specials
    $800 - $1,365
    • 1-2 Beds
    • 1-2 Baths
    LPC RentCafe CRM
    Last updated 19 Jan 2021
    (833) 763-7287
  • 12330 Metric Blvd., Austin, TX 78758
    $800 - $1,884
    • Studio-2 Beds
    • 1-2.5 Baths
    Envolve Communities LLC
    Last updated 19 Jan 2021
    (512) 837-8723
  • 6600 Ed Bluestein, Austin, TX 78723
    See current rent specials
    $808 - $2,578
    • 1-2 Beds
    • 1-2 Baths
    Mid-America Apartment Communities, Inc.
    Last updated 19 Jan 2021
    (833) 302-6592
  • 1735 Rutland Drive, Austin, TX 78758
    See current rent specials
    $810 - $1,101
    • Studio-2 Beds
    • 1-2 Baths
    RAM Partners, LLC
    Last updated 18 Jan 2021
    (844) 895-1216
  • (2)
    7610 Cameron Rd, Austin, TX 78752
    $810 - $1,740
    • 1-2 Beds
    • 1-2 Baths
    CLEAR Property Management
    Last updated 18 Jan 2021
    (833) 209-4066
  • 2703, 2705, 2709 Manor Road, Austin, TX 78722
    $819 - $919
    • Studio-1 Bed
    • 1 Bath
    Roscoe Properties
    Last updated 19 Jan 2021
    (512) 320-9955
  • (5)
    6808 S IH-35 SVRD, Austin, TX 78745
    $820 - $1,120
    • Studio
    • 1 Baths
    Apartment Management Professionals
    Last updated 19 Jan 2021
    (512) 448-0777
  • 1804 W. Rundberg Lane, Austin, TX 78758
    See current rent specials
    $821 - $893
    • 1-2 Beds
    • 1-2 Baths
    RAM Partners, LLC
    Last updated 18 Jan 2021
    (844) 688-3629
  • 2000 Cedar Bend Dr., Austin, TX 78758
    $821 - $1,307
    • 1-2 Beds
    • 1-2 Baths
    Westdale Asset Management
    Last updated 19 Jan 2021
    (844) 329-4943
  • (10)
    12001 Dessau Road, Austin, TX 78754
    $821 - $3,666
    • 1-3 Beds
    • 1-2.5 Baths
    Valiant Residential
    Last updated 19 Jan 2021
    (512) 491-9400

Austin’s average rent reached $1,378 in December

Austin’s average rent reached $1,378 in December after a 4.2% decrease since last year. A major U.S. business hub and a renter-majority city (55%), Austin is a diverse and vibrant place to live in. Still, its apartment rents remain below the national average of $1,462.[View Full Report]

Austin apartment rent report

Austin’s average rent reached $1,378 in December

Austin’s average rent reached $1,378 in December after a 4.2% decrease since last year. A major U.S. business hub and a renter-majority city (55%), Austin is a diverse and vibrant place to live in. Still, its apartment rents remain below the national average of $1,462.

The average rent for an apartment in Austin decreased compared to Cedar Park ($1,312), where prices saw no change since last year, and Round Rock where they went up by 1% ($1,210).

Austin apartment rent report

What it costs to rent in the largest renter hubs in the Austin area

The city with the largest renter share is San Marcos (72%), with an average rent of $1,440 after an annual decrease of 0.4%. Second is Austin with 55%, followed by Round Rock with 39% renter households. Cedar Park has the fourth largest share of renters (32%), while in Kyle, where 29% of homes are renter households, the average rent is $1,176, seeing no change in the past year.

The priciest and cheapest cities for renters in the Austin area

Despite the dip in rates, San Marcos is the priciest city for renters in the Austin area, with apartments renting for $1,440 per month. Leander’s $1,400 rate is the second most expensive, while apartments in Georgetown ($1,377) come in third.

For renters in search of budget-friendly apartments, Kyle rentals are the cheapest in the Austin area, with an average price of $1,176, followed by Round Rock rentals, going for $1,210 per month. Pflugerville apartments are the third least pricey on the list, with a $1,234 monthly average as of December.

Austin apartment rent report

Methodology

RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States. 

The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

What is the price of a cheap apartment in Austin, TX?

The price range of a cheap apartment is between $726 and $6,388. Find cheap apartments in Austin, TX.

How many cheap rentals are available in Austin, TX on RENTCafé?

There are 1362 cheap rentals available on RENTCafé. Prices and availability in Austin, TX were last updated on 18 Jan 2021.

What is the average size of a cheap apartment in Austin, TX?

The average Austin, TX cheap apartment size is 851 sq. ft.

What are the advantages of renting a cheap apartment in Austin, TX?

Cheap apartments in Austin, TX are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Austin, TX?

A cheap apartment in Austin, TX offers little storage space and fewer amenities compared to other apartments. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Austin, TX.

Renting a Cheap Apartment in Austin

There are so many reasons to rent an Austin TX apartment.  The cultural hub of the South Central U.S. and the Texas capital, Austin’s famous South by Southwest music, film and TV festival, which happens each year in March, has put this already-happening Texas city even more prominently on the map. In fact, Austin now calls itself “The Live Music Capital of the World.” Known for its attractiveness to the young and hip, Austin is a city where something is always happening, whether it is a great new band playing, a rodeo or a football game. You can’t help but be infected by the youthful energy here (the majority of the population is between ages 25 and 44), and Texas’ warm weather is another plus. Austin is booming with new companies and entrepreneurial opportunities, and the BBQ restaurants and worldwide ethnic fare offerings make Austin hard to beat.  Now get ready to find a new apartment in Austin, TX with RENTCafe

Austin, TX Demographics

  • Total Population935,755
  • Female 474,247
    Male 461,508
  • Median Age33

Average Rent in Austin, TX

  • Austin, TX Average Rental Price, October 2020 $1,385 /mo

Austin, TX Apartment Rent Ranges

  • $701-$1,00018%
  • $1,001-$1,50056%
  • $1,501-$2,00018%
  • > $2,0008%

Austin, TX Rent Trends

Average Rent Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Oct / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Oct / 2020
Austin, TX $1,308 $1,299 $1,338 $1,368 $1,370 $1,427 $1,442 $1,442 $1,445 $1,410 $1,385
National $1,377 $1,380 $1,417 $1,426 $1,430 $1,466 $1,466 $1,473 $1,474 $1,461 $1,464
/

Austin, TX Households

  • Total Number of Households370,043
  • Family 192,369
    Non-family 177,674
  • Children 100,870
    No Children 269,173
  • Average People Per Household2.47
  • Median Household Income$67,462
  • Median Housing Costs Per Month$1,340

Austin, TX Education Statistics

  • No High School5%
  • Some High School23%
  • Some College20%
  • Associate Degree5%
  • Bachelor Degree30%
  • Graduate Degree17%

Looking for a cheap apartment for rent in Austin, TX? With RENTCafé, finding an affordable apartment in Austin, TX has never been easier. We feature 1,409 low-priced rentals directly from property managers, with rents lower than the Austin, TX average. What is a cheap rent in Austin, TX? The average apartment rent in Austin is $1,385 per month so any rental south of $1,108 would be considered cheap here. On RENTCafé, Austin, TX rents go as low as $726/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!