Cheapest Neighborhoods in Austin

All 23 neighborhoods in Austin ranked by cost of living index. Updated 2026.

Cheapest Rent
$1,350/mo
City Avg Rent
$1,800/mo
Neighborhoods
23

Cheapest Neighborhoods in Austin — Full Rankings

# Neighborhood 1BR Rent Index vs Avg
1 Pflugerville $1,350/mo 0.75x -25%
2 Cedar Park $1,404/mo 0.78x -22%
3 Govalle $1,404/mo 0.78x -22%
4 Round Rock $1,440/mo 0.80x -20%
5 Windsor Park $1,476/mo 0.82x -18%
6 St. Elmo $1,530/mo 0.85x -15%
7 Riverside $1,584/mo 0.88x -12%
8 North Loop $1,710/mo 0.95x -5%
9 Crestview $1,710/mo 0.95x -5%
10 Allandale $1,764/mo 0.98x -2%
11 Mueller $1,836/mo 1.02x +2%
12 East Austin $1,890/mo 1.05x +5%
13 Hyde Park $1,944/mo 1.08x +8%
14 Holly $1,944/mo 1.08x +8%
15 South Lamar $1,980/mo 1.10x +10%
16 Travis Heights $2,016/mo 1.12x +12%
17 Bouldin Creek $2,070/mo 1.15x +15%
18 South Congress (SoCo) $2,124/mo 1.18x +18%
19 Barton Hills $2,124/mo 1.18x +18%
20 Zilker $2,196/mo 1.22x +22%
21 Downtown $2,250/mo 1.25x +25%
22 Clarksville $2,250/mo 1.25x +25%
23 West Lake Hills $2,340/mo 1.30x +30%

Rent estimates based on city average of $1,800/mo adjusted by neighborhood cost index. Index 1.00 = city average.

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Frequently Asked Questions

What is the cheapest neighborhood in Austin?

The cheapest neighborhood in Austin is Pflugerville, with an estimated 1-bedroom rent of $1,350/month — 25% below the city average.

What is the average rent in Austin?

The average 1-bedroom rent in Austin is approximately $1,800/month. Rents range from $1,350/mo (Pflugerville) to $2,340/mo (West Lake Hills).

How many neighborhoods does Austin have?

Our database covers 23 neighborhoods in Austin, each with detailed cost-of-living and salary data.

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