Most Affordable Neighborhoods in Austin, TX
Some of the cheapest neighborhoods in Austin are Tanglewild Estates, Georgian Acres, and Mesa Park. These neighborhoods offer some of the lowest rent prices in Austin, making them ideal for renters on a budget. As of June 13, 2025, the average rent in Austin is $1,435, which is 4.7% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Tanglewild Estates
Average Rent
$916/Month
TransitScore® Rating
36/100
Units Available
13 Rentals
If you’re looking for a great, affordable neighborhood in Austin, Tanglewild Estates might be the perfect place! It has an average rent price of $916, while the city’s average stands at $1,435. Tanglewild Estates is near University of Texas at Austin, Howard Station, and The Art Institute of Austin.
Georgian Acres
Average Rent
$964/Month
Year-Over-Year Rent Change
5.8%
TransitScore® Rating
49/100
Units Available
340 Rentals
Georgian Acres is a top choice for budget-conscious renters for a variety of reasons. The average rent in Georgian Acres is $964 while the city average is $1,435. This is a -5.8% difference from last year. Residents enjoy convenient access to Austin C.C., Rio Grande Campus, Austin C.C., Northridge Campus, and Highland Station. The neighborhood is considered somewhat walkable with a WalkScore® of 57.
Mesa Park
Average Rent
$968/Month
Units Available
17 Rentals
When you’re looking for a great Austin neighborhood on a budget, check out Mesa Park. The average rent is $968, compared to the city average of $1,435. Mesa Park is convenient to Lakeline Station, Austin C.C., Cypress Creek, and Kramer Station.
Heritage Hills
Average Rent
$1,008/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
44/100
Units Available
422 Rentals
Heritage Hills is an affordable neighborhood in Austin with an average rent price of $1,008. Compare this to the city average of $1,435. In the past year, rent prices have decreased by 2.1%. Heritage Hills provides easy access to Elisabet Ney Museum, Crestview Station, and Austin C.C., Eastview Campus. It’s a car-dependent neighborhood with a WalkScore® of 48.
North Lamar
Average Rent
$1,019/Month
Year-Over-Year Rent Change
9.8%
TransitScore® Rating
42/100
Units Available
46 Rentals
If you’re looking for a great, affordable neighborhood in Austin, North Lamar might be the perfect place! It has an average rent price of $1,019, while the city’s average stands at $1,435. In the last year, prices have decreased by 9.8%. North Lamar is near Crestview Station, Austin-Bergstrom International, and Walnut Creek Park.
Westgate
Average Rent
$1,032/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
48/100
Units Available
23 Rentals
Westgate is a top choice for budget-conscious renters for a variety of reasons. The average rent in Westgate is $1,032 while the city average is $1,435. This is a -0.8% difference from last year. Residents enjoy convenient access to Goat Cave Nature Preserve, Plaza Saltillo Station, and Umlauf Sculpture Garden and Museum. The neighborhood is considered somewhat walkable with a WalkScore® of 68.
Deer Park
Average Rent
$1,040/Month
TransitScore® Rating
40/100
Units Available
10 Rentals
When you’re looking for a great Austin neighborhood on a budget, check out Deer Park. The average rent is $1,040, compared to the city average of $1,435. Deer Park is convenient to Confetti Station, Goat Cave Nature Preserve, and Cherry Creek Plaza. The community is somewhat walkable with a WalkScore® of 68.
Wooten Park
Average Rent
$1,045/Month
Units Available
30 Rentals
Wooten Park is an affordable neighborhood in Austin with an average rent price of $1,045. Compare this to the city average of $1,435. Wooten Park provides easy access to Austin C.C., Northridge Campus, Austin-Bergstrom International, and The Stephen F. Austin Planetarium.
Quail Creek
Average Rent
$1,050/Month
TransitScore® Rating
43/100
Units Available
292 Rentals
If you’re looking for a great, affordable neighborhood in Austin, Quail Creek might be the perfect place! It has an average rent price of $1,050, while the city’s average stands at $1,435. Quail Creek is near North Park Shopping Center, Crestview Station, and Howard Station.
Coronado Hills
Average Rent
$1,079/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
45/100
Units Available
79 Rentals
Coronado Hills is a top choice for budget-conscious renters for a variety of reasons. The average rent in Coronado Hills is $1,079 while the city average is $1,435. This is a 0.6% difference from last year. Residents enjoy convenient access to Austin C.C., Eastview Campus, Kramer Station, and University of Texas at Austin. The neighborhood is considered somewhat walkable with a WalkScore® of 58.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.