If you’re searching for a new place to live in Austin, rent prices are probably one of the most important factors in your decision. Apartment rental prices in Austin neighborhoods have continued to increase over the years. Luckily, even in 2025, there are some Austin neighborhoods that do offer budget friendly, affordable rental rates. The list of the cheapest neighborhoods in Austin for renters is sorted by lowest median rental rates compared to the Austin average.

Population 5,859
-39%
Median Rent $818 / month
39% less expensive than Austin
Population 9,414
-25%
Median Rent $1,008 / month
25% less expensive than Austin
Population 8,366
-23%
Median Rent $1,037 / month
23% less expensive than Austin
Population 9,299
-20%
Median Rent $1,072 / month
20% less expensive than Austin
Population 5,030
-19%
Median Rent $1,093 / month
19% less expensive than Austin
Population 3,025
-18%
Median Rent $1,102 / month
18% less expensive than Austin
Population 9,032
-17%
Median Rent $1,122 / month
17% less expensive than Austin
Population 9,056
-16%
Median Rent $1,124 / month
16% less expensive than Austin
Population 7,129
-16%
Median Rent $1,128 / month
16% less expensive than Austin
Population 7,350
-14%
Median Rent $1,160 / month
14% less expensive than Austin
Is This the Right Place for You? Local Insights Report
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Local Insights Report