Cheap Apartments for Rent in Downtown Austin
-
Exceptional Value1 BED$1,150+2 BEDS$1,025+3 BEDS$950+4 BEDS$489+ -
Good Value
-
Exceptional Value|STUDIO$1,489+1 BED$864+2 BEDS$624+3 BEDS$1,129+
Grayson
714 W 22nd St, Austin, TX 78705 -
Exceptional Value|STUDIO$1,519+1 BED$1,014+2 BEDS$624+3 BEDS$1,089+
Nueces
2300 Nueces St, Austin, TX 78705 -
Exceptional ValueSTUDIO$649+1 BED$649+2 BEDS$799+San Gabriel Square Apartments
2212 San Gabriel St, Austin, TX 78705 -
Rent SpecialTotal Monthly Price Total Monthly Price NewSTUDIO$702Base Rent$702Required Monthly FeesNoneTotal Monthly Price$702
The Rebekah Senior Apartments
1320 Art Dilly Dr, Austin, TX 78702 -
-
Good ValueSTUDIO$1,390+1 BED$1,799+2 BEDS$750+3 BEDS$950+21 Pearl
911 W 21st St, Austin, TX 78705 -
Total Monthly Price Total Monthly Price New5 BEDS$900Base Rent$750 - $1,050Required Monthly FeesNoneTotal Monthly Price$900Capitol Living (Furnished Rooms)
1108 Nueces St, Austin, TX 78701 -
STUDIO$76321st Street Cooperative
707 W 21st St, Austin, TX 78705 -
2 BEDS$1,375+3 BEDS$825+4 BEDS$1,175+
Inspire on 22nd
2200 Nueces St, Austin, TX 78705 -
STUDIO, 1 BATH$950
West Campus 1 Bed 1 Bath
911 W 22nd St, Austin, TX 78705 -
-
Good Value2 BEDS$989+3 BEDS$989+4 BEDS$989+5 BEDS$1,519+Villas on Rio
2111 Rio Grande St, Austin, TX 78705 -
STUDIO, 1 BATH$9951906 San Gabriel St Unit 9
1906 San Gabriel St, Austin, TX 78705 -
STUDIO, 1 BATH$9951906 San Gabriel St Unit 17
1906 San Gabriel St, Austin, TX 78705 -
1 BED, 1 BATH$1,000
2207 Leon St Unit 304
2207 Leon St, Austin, TX 78705 -
1 BED, 1 BATH$1,000
2207 Leon St Unit 306
2207 Leon St, Austin, TX 78705 -
1 BED, 1 BATH$1,0002207 Leon St Unit 107
2207 Leon St, Austin, TX 78705 -
Total Monthly Price Total Monthly Price NewSTUDIO, 1 BATH$1,025Base Rent$1,025 - $1,200Required Monthly FeesNoneTotal Monthly Price$1,025 - $1,200702 W 22nd St
702 W 22nd St, Austin, TX 78705 -
STUDIO$1,050+1 BED$1,250+2 BEDS$1,650+3 BEDS$2,100+1400 Rio Grande Apartments
1400 Rio Grande St, Austin, TX 78701 -
1 BED, 1 BATH$1,0952207 Leon St Unit 203
2207 Leon St, Austin, TX 78705 -
1 Month Free1 BED$1,100+2 BEDS$1,900+
The Ladybird Senior Apartments - 55+
1320 Art Dilly Dr, Austin, TX 78702 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$1,100Base Rent$1,100Required Monthly FeesNoneTotal Monthly Price$1,1002207 Leon St Unit 204
2207 Leon St, Austin, TX 78705 -
1 BED, 1 BATH$1,1002210 Pearl St Unit 203
2210 Pearl St, Austin, TX 78705 -
1 BED, 1 BATH$1,100
1010 W 23rd St Unit 5
1010 W 23rd St, Austin, TX 78705 -
1 BED, 1 BATH$1,100
2210 Pearl St Unit 205
2210 Pearl St, Austin, TX 78705 -
1 BED, 1 BATH$1,100
2207 Leon St Unit 108
2207 Leon St, Austin, TX 78705 -
1 BED, 1 BATH$1,1002 month lease cute 1-1 blocks from campus and 1 block from UT shuttle
1010 W 23rd St, Austin, TX 78705 -
1 BED, 1 BATH$1,100WASHER / DRYER, WOOD FLOORS OPEN LIVING LAYOUT !! Unit 103
2207 Leon St, Austin, TX 78705 -
1 BED, 1 BATH$1,1252207 Leon St Unit 303
2207 Leon St, Austin, TX 78705 -
1 BED$1,125+2 BEDS$1,495+Fabulous landmark Downtown Austin property! Great downtown neighborhood!
601 W 11th St, Austin, TX 78701 -
Call for RentPenthouse
1801 Rio Grande St, Austin, TX 78701 -
2 Months FreeSTUDIO$1,132+1 BED$1,650+2 BEDS$2,279+
Berkshire Riverview
1300 E Riverside Dr, Austin, TX 78741 -
Exceptional Value1 BED$1,910+2 BEDS$1,353+3 BEDS$1,545+4 BEDS$1,150+
Signature 1909
1909 Rio Grande St, Austin, TX 78705 -
Rent Special -
Good Value -
1 BED, 1 BATH$1,150West Campus 2x1 @ Keystone Condominiums Unit H
912 W 22nd 1/2 St, Austin, TX 78705 -
Exceptional Value|STUDIO$1,171+1 BED$1,574+2 BEDS$2,386+
Residences at Saltillo
1211 E 5th St, Austin, TX 78702 -
Good Value|STUDIO$1,969+1 BED$2,219+2 BEDS$1,369+3 BEDS$1,209+
Skyloft Austin
507 W 23rd St, Austin, TX 78705 -
Total Monthly Price Total Monthly Price NewSTUDIO$1,850+2 BEDS$1,760+4 BEDS$1,325+10 BEDS$1,190+Base Rent$1,190 - $2,270Utilities & EssentialsVariesTotal Monthly Price$1,190 - $2,270Union on 24th
701 W 24th St, Austin, TX 78705 -
1 BED$1,200+2 BEDS$1,400+Rio House Apartments
606 W 17th St, Austin, TX 78701
Austin at a Glance
Cheap Apartments in Downtown Austin Neighborhood in Austin, TX
When looking for cheap apartments in Downtown Austin, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Downtown Austin.
Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.
Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 401 cheap apartments available in Downtown Austin, Apartment Finder is the place to find your next rental.
Top Budget-Friendly Neighborhoods in Austin
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Georgian Acres 565 Sq Ft $786/mo
- Heritage Hills 585 Sq Ft $826/mo
- Walnut Crossing 589 Sq Ft $937/mo
- North Lamar 664 Sq Ft $963/mo
- Coronado Hills 665 Sq Ft $971/mo
- Parker Lane 645 Sq Ft $977/mo
- South Manchaca 586 Sq Ft $994/mo
- Gracy Woods 647 Sq Ft $1,002/mo
- Franklin Park 673 Sq Ft $1,006/mo
- Northwest Hills 646 Sq Ft $1,025/mo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Select Bedrooms
Specialty Housing
Choose by Amenities
Submitting Request
Thank You
About Our Deals
Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.