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Cheap Apartments for Rent in Austin, TX - 1,448 Rentals available

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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 Population916,906
  • Female 463,869
    Male 453,037
  • Median Age32.7

Average Rent in Austin, TX

  • Austin, TX Average Rental Price, December 2019 $1,436 /mo

Austin, TX Apartment Rent Ranges

  • $701-$1,00016%
  • $1,001-$1,50053%
  • $1,501-$2,00021%
  • > $2,00011%

Austin, TX Rent Trends

Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Dec / 2019
Austin, TX $1,303 $1,283 $1,306 $1,308 $1,299 $1,338 $1,368 $1,370 $1,427 $1,442 $1,436
National $1,354 $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,473 $1,474

Average rent is projected to grow by 5% in 2019 compared to 2018.

Please note that projected rent growth is calculated at city level.

Check out the average rent prices in Austin by neighborhood.

Austin, TX Households

  • Total Number of Households361,257
  • Family 187,940
    Non-family 173,317
  • Children 99,014
    No Children 262,243
  • Average People Per Household2.48
  • Median Household Income$63,717
  • Median Housing Costs Per Month$1,267

Austin, TX Education Statistics

  • No High School6%
  • Some High School23%
  • Some College21%
  • Associate Degree5%
  • Bachelor Degree29%
  • Graduate Degree16%

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 1,451 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 $1,436 per month so any rental south of $1,149 would be considered cheap here. On RENTCafé, Austin, TX rents go as low as $722/mo.

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