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The Cheapest area to live in Austin, Texas

Austin is said to be one of the best cities to live in while in Texas. It has been ranked as one of the cities with the best-paying jobs.

Living in Austin gives you a plethora of outdoor activities, concerts, funky bars, food trucks, and several other activities.

With all these activities and the growth of the city, it means the cost of housing keeps rising. This then makes you think and plan how to get cheap housing while being at the center of the attractions and amenities.

In today鈥檚 blog, we will be looking at the budget-friendly areas in and around Austin. Whether you are looking for a one-bedroom, three-bedroom, or studio, there are cheaper neighborhoods in Austin where you will find what suits your needs.  

Here are the cheapest areas to live in Austin, Texas.

1. Windsor Park

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This neighborhood in Northeast Austin is located conveniently on your way to the old Mueller Airport. The homes here are mid-century ranch houses.

Windsor Park has undergone major upgrades making it the perfect balance between New Austin and Old Austin.

There are several amenities at Windsor Park like Windsor Village and Capital Plaza, an H-E-B supermarket and cafe, restaurants, and green spaces like Bartholomew District Park.

It is now one of the most attractive areas to live in Austin. Several people and families that live here are in the tech industry.

The main attraction here is affordable rental properties and quick commutes.

Young professionals, in particular, are drawn to the area for its, but Windsor Hills is also one of the best neighborhoods in Austin for families looking for a quiet place to buy a home at a low price. What Windsor Hills lacks in the 鈥渨eirdness鈥� that Austin is famous for, it makes up for it with clean streets, friendly residents, and a lively community spirit.

Practical Information:

Perfect for: Young Professionals, singles

Home Price: $124,975 median purchase price

Monthly Rent: $1,114 median

2. North University/North Campus

North University is located close to The University of Texas campus. It is a popular neighborhood with students and faculty.

You should not however be concerned about not moving to this neighborhood since you may not be into academia. The neighborhood is at the center of North Austin and South Austin.

Living here means being able to enjoy quick access to the bus or walk to your location since it is pedestrian-friendly as well as designated bike lanes.

Downtown North University has several restaurants, coffee shops, bars, and bookstores.

Practical Information:

Perfect for: Young Professionals, Singles, Families

Median Price Per Square Foot: $364.66

Home Price: starts at USD 251,250 median purchase price; $980 median monthly rent.

Amenities: JP鈥檚 Java鈥檚 patio, Spider house Cafe, Trudy鈥檚 Restaurant famed for its Mexican martinis, homey Crown, and Anchor Pub.

3. Garrison Park

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Garrison Park is in Travis County, Austin. When you live here, you will get your fair share of the urban-suburban feeling. The homes here are perfect for small families as well as singles.

Most of the residents here are renters and are conveniently located close to restaurants, coffee shops, and parks.

If you have school-age going kids, then Garrison Park is the best location. It is near public schools in the popular Austin Independent School District, as well as charter schools like Wayside Eden Park Academy.

This neighborhood is perfect for you and your family if you prefer safe streets, a spacious yard, and a tight-knit ethnically diverse community.

Your neighbors will be a mix of friendly seniors, young families, and singles too.

Practical Information:

Amenities: Lots of casual dining, as well as coffee shops, bakeries, ice cream, and taco stands. Shopping options include strip malls, Sunflower organic supermarket, and thrift stores.

Home Price: $189,400 median purchase price; $1,232 median monthly rent

Crime Rate: Safer than 46% of Texas cities

Perfect for: Singles, Young Families, retirees

4. Cherrywood

The Cherrywood area in Austin is made up of a diverse mix of pier and beam bungalows and ranch-style houses. These homes have built-in limestone exteriors and two-story stucco duplexes. 

If you are looking for a home or to rent a house dating back to early and mid-century architecture, then this is for you.

Worry not of what you are looking for is modern; there are several new and modern constructions coming up in the area.   

Moving to Cherrywood will mean choosing a mini neighborhood to live in. some of these are French Place, Delwood, and University Park. 

Nature lovers will love it here since the streets are shaded with beautiful tree lining.

The area has several coffee shops and eateries on the main streets bordering the neighborhood.

Practical Information:

Home Price: $295,020 median purchase price; $1,147 median monthly rent

Amenities: restaurants, nightclubs, caf茅s

Perfect for: Singles, Students, University staff

5. Liberty Hill

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Liberty Hill is part of the Greater Austin metropolitan area. It offers the country living vibe and is perfect if you are looking for a rural community.

That is not all, it has one of the best views of the surrounding hills, brilliant schools, and community events. You will love it here if you are looking for a relaxing and peaceful home for your family.

Also, if you are an outdoor enthusiast, you will enjoy the local camping sites like Rio Bonito Cabin and RV Park, and Tejas Camp. These are perfect for a weekend getaway.

There are several affordable local restaurants like Hobo Junction and Dahlia Cafe.

Practical Information:

Median Home Value $179,400

The median rent is $876

Perfect for: Families, Retirees

6. Hancock

Like North University, Hancock is another popular neighborhood for students and staff from the University of Texas. This neighborhood is small and family-friendly.

Families with school-going kids will be happy here as the schools here are top-rated. Hancock is filled with quiet residential houses and a knit community.

You and your family will get to enjoy several green spaces like the Hancock Recreational Center and Eastwoods Neighborhood Park.

Explore the bike-friendly streets under mature trees.

Practical Information:

Median Home Price: $192,000

Amenities: including a large shopping plaza with a fitness center and 24-hour supermarket, theaters, museums, parks with tennis and basketball courts, a swimming pool, hiking trails, and many restaurants, shops, and nightlife options.

6. South Manchaca

This next neighborhood is located close to the busy Austin neighborhoods like South Congress and South Lamar.

South Manchaca is an attractive area for young professionals and young families that are looking for affordable homes with amenities appropriate for children.

When you move to this neighborhood, you will have easy access to restaurants, indie shops, and bars that are multi-cultural.

The majority of people living here are in their mid-twenties to mid-forties. Living here, you will have easy access to Highway 71 to the north. There are several shopping centers, chain stores, and restaurants too.

Practical Information:

Buy: $499K – $1.25M

Rent: $1.25K – $4.49K

7. East Congress

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East Congress has a lower profile than South Congress. The houses here are more affordable and are loved by young families and singles.

The community here is incredibly diverse and they support local businesses and live sustainably. Additionally, the food scene is extensive and you’re bound to discover some of the city’s best street art!

East Congress, has beautiful parks where you can spend the afternoon with your family at the Battle Bend Park and Williamson Creek Greenbelt.

These spots offer pleasant surroundings to enjoy the warm Texas weather with friends and family.

Practical Information:

Buy: $359K – $850K

Rent: $1.9K – $6K