Apartments Under $1,000 in Austin, TX: May Rental Information
Welcome to the May 2024 Austin Apartment 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 the Austin rental landscape.
Our experts analyze the inventory trends for apartments under $1,000 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Austin and surrounding areas. This summary also provides an insight into available features and amenities, as well as location options for apartments under $1,000 in Austin.
Renters seeking affordability will find a range of options in Austin. As of May 2024, there are several apartments under $1,000 available for rent in the area. This report highlights the current rental landscape and provides valuable information for those looking to find a budget-friendly apartment in the vibrant city of Austin. Whether you're a student, young professional, or someone looking for an economical living situation, this report will help you navigate the rental market and make an informed decision.
This month, the typical cost to rent a one-bedroom apartment in Austin stands at $1,450, with the majority falling between $1,000 and $2,470. Out of the 23,971 one-bedroom apartments currently on the market in Austin, 1,231 are priced below $1,000, accounting for 5% of the total available one-bedroom units in Austin.
Available Apartments Under $1,000: Austin vs. Surrounding Areas