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 - 5 of 5 Results
20
3D Tour
$310
PER
ROOM
Charming Austin home on a quiet street near parks
Deal
7900 Bramble Bush Dr Austin, TX
1 BR | Oct. 19, 2026
Contact
Heat Included
House
In Unit Laundry
34
$ Ask - 895
Highpoint North Apartments
8400 Beech Dr Austin, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Wooten
20
$500
Avon @ 22nd
911 W 22nd St Austin, TX
1 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Dishwasher
The Drag
7
$429
4619 N Interstate Hwy
Austin, TX
Studio | Ask for Availability
Contact
5
$454
4619 N Interstate Hwy
Austin, TX
1 BR | Ask for Availability
Contact
1 - 5 of 5 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 5 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 67 studio apartments under $500 available for rent in Austin.

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

Rentable.co has 649 one-bedroom apartments under $500 available for rent in Austin.

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

Rentable.co has 498 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. Downtown Austin
  3. Triangle State
  4. Johnston Terrace
  5. Highland South

Apartments Under $500 in Austin, TX: October 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 October 2026 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.
0 130 260 390 520 <$800 $840 $920 $1,000 $1,080 $1,160 $1,240 $1,320 $1,400 $1,480 $1,560 $1,640 $1,720 $1,800 $1,880 $1,960 $2,040 $2,120 >$2,200

Available Apartments Under $500: Austin vs. Surrounding Areas

Austin, TX
Round Rock, TX
Pflugerville, TX
San Marcos, TX
64
8
4
4
The chart above shows the number of available apartments under $500 in Austin, TX and its surrounding cities as of October 2026. In Austin, there are a total of 88 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 October M/M % Change
Austin, TX 64 +0.91%
Round Rock, TX 9 +1.06%
Pflugerville, TX 5 +0.89%
San Marcos, TX 4 +0.9%
Georgetown, TX 3 +0.6%
Leander, TX 3 +0.6%
Liberty Hill, TX 2 +0.8%
Kyle, TX 2 +1.04%
Buda, TX 1 +1.0%
Cedar Park, TX 1 +1.14%

Looking for Apartments Under $500 in Austin?

Available apartments under $500 2,083
Top amenities Fitness Center, Air Conditioning, Refrigerator, Pool, High Speed Internet
Deals 98
Pet friendly 21
Utilities included 4
Furnished 21
1 Bedroom 69
2 Bedroom 75
3 Bedroom 20
Square footage 502 - 1,812

Where are Austin Apartments Under $500?

Top Neighborhoods Market district, Downtown austin, Triangle state, Johnston terrace, Highland south
Market District 4
Downtown Austin 2
Triangle State 2
Johnston Terrace 2
Highland South 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