Cheap Apartments in Austin, TX: August Rental Information
Welcome to the August 2026 Austin Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 2026 key findings and figures for the Austin rental landscape.
Our experts analyze the inventory trends for cheap apartments in Austin — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Austin and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for cheap apartments in Austin.
Prospective renters can use this report as a helpful resource to understand the current rental market in Austin and make informed decisions about their apartment search. Whether you're seeking a studio apartment or a larger unit, Rentable's Austin Apartment Report will provide you with essential information to find the perfect affordable apartment in the city.
This month, the typical cost to rent a one-bedroom apartment in Austin stands at $1,300, with the majority falling between $750 and $2,140. Out of the 45,367 one-bedroom apartments currently on the market in Austin, 20 are priced below $400, accounting for 0% of the total available one-bedroom units in Austin.
Available Cheap Apartments: Austin vs. Surrounding Areas