Welcome to Austin, where the weather’s warmer, the music’s louder, and authentic Texas BBQ runs the restaurant scene. Capitol of “The Lone Star State,” Austin is home to high-energy live music, five-star cuisine, and diverse crowds seeking fresh energy and southern charm. With its world-class museums and sprawling green spaces, this city might make you believe everything truly is better in Texas. Enticing as it sounds, we know it’s no secret that big city living can come with an even bigger price tag. The breathtaking infrastructure, rich social life, and ever-present entertainment often come with a cost: your housing price.
While finding an apartment close to all the excitement can be expensive, it is possible to work, play, and rent at a reasonable price. We’ve compiled a list to help you experience Austin's best without breaking the bank.
The Most Affordable Neighborhoods in Austin:
This is your guide to paying less and living more in Austin.
North University
- Average 1BR rent in North University: $1,165
- Average 1BR rent in Austin: $1,438
- Perfect for: Students, Young Professionals, Night Owls
The first and cheapest neighborhood on our list is North University, an urban dream. Just north of UT-Austin, this location exudes a hip, college-town energy and enchanting atmosphere perfect for students and professionals alike. With a short downtown commute, North University offers the best of city living without the price tag.
Take a stroll through the city center to discover this neighborhood’s electricity. Hot spots and vibrant hangouts line the streets – pop into a local eatery to sample some classic cooking, or kick back and enjoy the nearest live music set. Take in Austin’s greenery while you explore collections of historic homes and end the day with a custom cocktail on a bustling patio lounge.
When you’re ready to continue the adventure outside the neighborhood, North University’s proximity to Interstate 35 and the MoPac Expressway makes for an easy and affordable commute to the heart of Austin. Enjoy a budget-conscious lifestyle whether you choose to stay in or go out.
Windsor hills
- Average 1BR rent in Windsor Hills: $1,188
- Average 1BR rent in Austin: $1,438
- Perfect for: Singles, Families, Quiet Commuters
Windsor Hills offers a peaceful escape into the suburbs for those looking for something a little quieter and more residential. Twenty minutes from downtown Austin, this neighborhood provides a welcome respite from the bustle of city life and the benefit of cheaper rent. The quiet streets, green backyards, and suburban vibes are perfect for families looking for open space at an affordable price.
While this town does not boast fine dining or pristine shopping centers, its local retailers and outdoor spaces create a unique, community-centered atmosphere. Enjoy a quiet Saturday morning at a cozy cafe or window shop downtown. Check out the Gustavo L. Garcia District Park, where you can try your hand at the climbing wall or take your time on an afternoon hike.
Take a quick drive down I-35 to explore the city or hop on the local bus line to run weekend errands. Windsor Hills has all the convenience you need at the cheap price you want.
Garrison Park
- Average 1BR rent in Garrison Park: $1,124
- Average 1BR rent in Austin: $1,438
- Perfect for: Students, Professionals, Nature Lovers
Though its population barely scratches fifteen thousand, Garrison Park feels like an urban metro. This fashionable, spacious neighborhood perfectly balances big-city energy and suburban bliss.
Discover the town’s multitude of niche boutiques and global restaurants: from curry to Cajun, Garrison Park offers a variety of delicacies. Grab an artisan-style latte and walk through the shaded, tree-lined streets. Later, plan a hike at Garrison District Park and finish the evening grilling out on the lawn.
The neighborhood has convenient access to both MoPac and I-35, providing an easy commute out to work or into the city for weekend trips.
North Lamar
- Average 1BR rent in North Lamar: $1,251
- Average 1BR rent in Austin: $1,438
- Perfect for: Families, Suburban Dreamers
North Lamar is a quaint suburban neighborhood perfect for families searching for open space at a cheap monthly rate. Nestled in the trees just fifteen minutes from downtown Austin, this neighborhood is a hidden gem filled with lively bars, community parks, and most importantly, affordable rentals.
This town holds bragging rights as the most “walkable” neighborhood in Austin – food and entertainment opportunities sit right outside the front door. Stretch your legs on the way to a wide selection of cultural cuisine. Enjoy Vietnamese, Chinese, or Korean plates, all within walking distance. Read up on Austin history at Bullock Museum or practice your swing at Golfsmith driving range. When you’re ready to settle in for the evening, finish the day with a sunset view at Mount Bonnell.
Despite its off-the-grid vibes, North Lamar borders I-35 and intersects with major bus routes that travel through the city.
Brentwood
- Average 1BR rent in Brentwood: $1,436
- Average 1BR rent in Austin: $1,438
- Perfect for: Families, Professionals, Art Enthusiasts
Quiet, cozy, and convenient are just three words that begin to describe Brentwood. Five miles from downtown Austin, this neighborhood offers unbeatable proximity to the city paired with a highly desirable suburban energy. Between top-ranked schools, stylish bungalows, and close-knit local businesses, this town is perfect for families and professionals seeking opportunity at a more relaxed pace.
Brentwood’s wealth of sidewalks and bike lanes provides an enjoyable way to explore the neighborhood. Hop over to Brentwood Park, where you’ll find well-kept sports facilities, hiking trails, and colorful playgrounds for the kids. Indulge your inner theater critic with a play at the McCallum Arts Center, then head down the street for dinner at various top restaurants.
Going out for the night? Catch a ride downtown on I-35 or on Austin’s Metro Rail to explore city nightlife, then wind down for the evening with a drink and live music just minutes from your apartment.
Make the Most of Your Move with Apartments.com
Whether you’re moving to a new city on a short-term lease or hoping to set down roots, Apartments.com has the tools to help you find an apartment with ease. Navigate housing across neighborhoods with our customized search engine. And once you find the perfect location? Narrow the search within a price range that works for you.
No matter the budget, the options are endless with Apartments.com. Ready to get started? Pay less, live more, and rent on.
*Apartment rent data provided by CoStar Group’s March 2024 reports
