Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Austin area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Under $500 in Austin, TX

1 - 7 of 7 Results
10
$490
PER
ROOM
Ballpark North
4600 Elmont Dr Austin, TX
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
East End
7
$454
4619 N Interstate Hwy
Austin, TX
1 BR | Ask for Availability
Contact
14
$429
4619 N Interstate Hwy
Austin, TX
Studio | Ask for Availability
Contact
19
$ Ask - 2,025
3500 Westlake
3500 North Capital Of Texas Highway Austin, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
11
$ Ask - 2,340
Davies Ranch
12113 Dessau Road Austin, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
14
$446 - 487
4911 Menchaca Rd
Austin, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
5
$ Ask - 1,499
#74C Austin
Austin, TX
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
1 - 7 of 7 Results
  1. Home
  2. Austin
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Austin, TX on Rentable.co?

There are 7 apartments under $500 in Austin currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Austin?

Rentable.co has 10 studio apartments under $500 available for rent in Austin.

How many one-bedroom apartments under $500 are available in Austin?

Rentable.co has 133 one-bedroom apartments under $500 available for rent in Austin.

How many two-bedroom apartments under $500 are available in Austin?

Rentable.co has 124 two-bedroom apartments under $500 available for rent in Austin.

Can I afford a apartment under $500 in Austin, TX?

To comfortably afford a apartment under $500 in Austin based on average rent prices, a household would need an annual income of $18,000.

Which neighborhoods have the most apartments under $500 for rent in Austin, TX?

  1. Market District
  2. North University
  3. Triangle State
  4. East End
  5. The Drag

Apartments Under $500 in Austin, TX: May Rental Information

Welcome to the "Apartments Under $500 in Austin, TX" report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for affordable apartments in Austin.
Our experts analyze the inventory trends for apartments under $500 — overall market rent distribution, availability by bedroom count, and month-over-month comparisons — in Austin and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for affordable apartments under $500 in Austin. Whether you are a student, young professional, or anyone looking for a budget-friendly option, this report is here to help you find the best rental deals in Austin, TX.
0 97 195 292 390 <$1,000 $1,060 $1,180 $1,300 $1,420 $1,540 $1,660 $1,780 $1,900 $2,020 $2,140 $2,260 $2,380 >$2,500

Available Apartments Under $500: Austin vs. Surrounding Areas

Austin, TX
Round Rock, TX
San Marcos, TX
49
3
3
The chart above shows the number of available apartments under $500 in Austin, TX and its surrounding cities as of May 2024. In Austin, there are a total of 65 apartments available in this price range. The chart also includes the number of available apartments in the surrounding cities, such as San Marcos, Niederwald, Bastrop, Kyle, Taylor, Lago Vista, The Hills, Lakeway, Pflugerville, Leander, Lockhart, Buda, Georgetown, West Lake Hills, Cedar Park, Wimberley, Round Rock, Del Valle, Elgin, Hutto, Manor, Dripping Springs, Manchaca, Spicewood, Bee Cave, and Liberty Hill. This information provides prospective renters with an overview of the rental market for affordable apartments in the Austin metro area.

Apartments Under $500 Now vs. Last Month: Austin and Surrounding Areas

City Apartments Under $500 in May M/M % Change
Austin, TX 50 +0.96%
Round Rock, TX 3 +0.97%
San Marcos, TX 3 +1.0%
Georgetown, TX 2 +1.07%
Cedar Park, TX 2 +1.07%
Buda, TX 2 +1.17%
Hutto, TX 2 +0.89%
Leander, TX 1 +1.33%
Spicewood, TX 1 +1.0%

Looking for Apartments Under $500 in Austin?

Available apartments under $500 719
Top amenities Dishwasher, Refrigerator, Garbage Disposal, Range / Oven, Microwave
Pet friendly 29
1 Bedroom 27
2 Bedroom 20
3 Bedroom 10
Square footage 511 - 1,858

Where are Austin Apartments Under $500?

Top Neighborhoods Market district, North university, Triangle state, East end, The drag
Market District 3
North University 3
Triangle State 2
East End 1
The Drag 1
Browse Austin Apartments
Austin Apartments by Neighborhood
Austin Apartments by Bedrooms
Austin Apartments by Affordability
Austin Apartments with Amenities
Austin Apartments by Type
Colleges Near Austin
Austin Apartments by Zip Code