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Cheap Apartments for Rent in Austin, TX - 778 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, May 2019$1,364/mo

Austin, TX Apartment Rent Ranges

  • $701-$1,00022%
  • $1,001-$1,50051%
  • $1,501-$2,00017%
  • > $2,0009%

Austin, TX Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 May / 2019
Austin, TX $1,268 $1,294 $1,303 $1,282 $1,305 $1,303 $1,294 $1,297 $1,364
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396

Average rent is projected to grow by 2% in 2018 compared to 2017.

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

Average rent values on this page are aggregated from data from the following zip codes: 7870178702787037870478705787127871778719787217872278723787247872578726787277872878729787307873178732787337873478735787367873778738787397874178742787447874578746787477874878749787507875178752787537875478756787577875878759

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 787 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 $1,364 per month so any rental south of $1,091 would be considered cheap here. On RENTCafé, Austin, TX rents go as low as $750/mo.

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