Cheap Apartments for Rent in The Drag
-
1 BED, 1 BATH$600 -
1 BED, 1 BATH$600North Campus 1x1 @ University Quarters Unit B206
2803 Hemphill Park, Austin, TX 78705 -
1 BED, 1 BATH$600
North Campus 1x1 @ University Quarters
2803 Hemphill Park, Austin, TX 78705 -
Price Drop. $455 Off1 BED$995+2 BEDS$695+3 BEDS$649+
1883 at Montgomery House Student Living
2700 Nueces St, Austin, TX 78705 -
Price Drop. $455 Off|1 BED$995+2 BEDS$695+3 BEDS$649+
1883 at Cameron House Student Living
2707 Rio Grande St, Austin, TX 78705 -
STUDIO$1,799+2 BEDS$690+3 BEDS$979+4 BEDS$979+Villas on Rio
2111 Rio Grande St, Austin, TX 78705 -
Good Value|STUDIO$1,579+1 BED$1,119+2 BEDS$694+3 BEDS$1,299+
Nueces
2300 Nueces St, Austin, TX 78705 -
1 BED, 1 BATH$6992815 Rio Grande St Unit 108
2815 Rio Grande St, Austin, TX 78705 -
1 BED, 1 BATH$7002714 Nueces St Unit 106
2714 Nueces St, Austin, TX 78705 -
-
1 BED, 1 BATH$7502711 Hemphill Park Unit A
2711 Hemphill Park, Austin, TX 78705 -
Price Drop. $219 OffSTUDIO$1,665+1 BED$1,720+2 BEDS$755+3 BEDS$845+
Villas on Guadalupe
2810 Hemphill Park, Austin, TX 78705 -
1 BED, 1 BATH$799The Jocey - Building 2 Unit C107
2808 Whitis Ave, Austin, TX 78705 -
1 BED, 1 BATH$8002813 Rio Grande St Unit 3
2813 Rio Grande St, Austin, TX 78705 -
2 BEDS$1,375+3 BEDS$825+4 BEDS$1,175+Inspire on 22nd
2200 Nueces St, Austin, TX 78705 -
1 BED, 1 BATH$8992721 Hemphill Park Unit D
2721 Hemphill Park, Austin, TX 78705 -
1 BED, 1 BATH$899North Campus 1x1 @ University Quarters Unit A102
2801 Hemphill Park, Austin, TX 78705 -
1 BED, 1 BATH$9002803 Hemphill Park Unit B309
2803 Hemphill Park, Austin, TX 78705 -
1 BED, 1 BATH$9002803 Hemphill Park Unit B104
2803 Hemphill Park, Austin, TX 78705 -
1 BED, 1 BATH$900North Campus 1x1 @ The Jocey
2808 Whitis Ave, Austin, TX 78705 -
1 BED, 1 BATH$9952818 Nueces St Unit 311
2818 Nueces St, Austin, TX 78705 -
1 BED, 1 BATH$9992801 Hemphill Park Unit A103
2801 Hemphill Park, Austin, TX 78705 -
1 BED, 1 BATH$999
2801 Hemphill Park Unit A301
2801 Hemphill Park, Austin, TX 78705 -
1 BED, 1 BATH$999North Campus 1x1 @ University Quarters
2801 Hemphill Park, Austin, TX 78705 -
STUDIO$1,810+2 BEDS$1,725+4 BEDS$1,000+Union on San Antonio
2011 San Antonio St, Austin, TX 78705 -
1 BED, 1 BATH$1,0002801 Hemphill Park Unit A201
2801 Hemphill Park, Austin, TX 78705 -
STUDIO, 1 BATH$1,0002529 Rio Grande St Unit 96
2529 Rio Grande St, Austin, TX 78705 -
2 BEDS$1,369+4 BEDS$1,209+5 BEDS$1,269+6 BEDS$1,089+Yugo Austin Rio
620 W 24th St, Austin, TX 78705 -
1 BED, 1 BATH$1,0952815 Rio Grande St Unit 114
2815 Rio Grande St, Austin, TX 78705 -
1 BED, 1 BATH$1,0952815 Rio Grande St Unit 109
2815 Rio Grande St, Austin, TX 78705 -
1 BED, 1 BATH$1,100
2110 Rio Grande St Unit 107
2110 Rio Grande St, Austin, TX 78705 -
1 BED, 1 BATH$1,100
2801 Hemphill Park Unit A101
2801 Hemphill Park, Austin, TX 78705 -
1 BED, 1 BATH$1,100North Campus 1x1 @ University Quarters Unit B207
2803 Hemphill Park, Austin, TX 78705 -
Call for RentPenthouse
1801 Rio Grande St, Austin, TX 78701 -
1 BED$1,840+2 BEDS$1,350+3 BEDS$1,510+4 BEDS$1,150+
Signature 1909
1909 Rio Grande St, Austin, TX 78705 -
1 BED, 1 BATH$1,1502803 Hemphill Park Unit B109
2803 Hemphill Park, Austin, TX 78705 -
4 BEDS$1,229+5 BEDS$1,159+Yugo Austin Nueces
2502 Nueces St, Austin, TX 78705 -
1 BED, 1 BATH$1,1652815 Rio Grande St Unit 104
2815 Rio Grande St, Austin, TX 78705 -
1 BED, 1 BATH$1,1752815 Rio Grande St Unit 101
2815 Rio Grande St, Austin, TX 78705 -
1 BED, 1 BATH$1,185
2815 Rio Grande St Unit 112
2815 Rio Grande St, Austin, TX 78705 -
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 -
1 BED, 1 BATH$1,1952808 Whitis Ave Unit C303
2808 Whitis Ave, Austin, TX 78705
Austin at a Glance
Cheap Apartments in The Drag Neighborhood in Austin, TX
When looking for cheap apartments in The Drag, 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 The Drag.
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 134 cheap apartments available in The Drag, 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
- Walnut Crossing 609 Sq Ft $902/mo
- Mesa Park 598 Sq Ft $935/mo
- Quail Creek 618 Sq Ft $948/mo
- Georgian Acres 564 Sq Ft $958/mo
- North Lamar 670 Sq Ft $967/mo
- Griffis on la Frontera 695 Sq Ft $973/mo
- Tanglewild Estates 641 Sq Ft $984/mo
- Village Oaks 689 Sq Ft $990/mo
- Heritage Hills 603 Sq Ft $992/mo
- Gracy Woods 626 Sq Ft $994/mo
Getting Around Austin
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.