# Affordable High Rise Apartments Austin | Under $2,000 > Austin high rises starting under $2,000: The Quincy from $1,369, Solaris House $1,415, Skyhouse $1,625, The Waller $1,745, plus concessions that lower net rent. URL: https://austinhighriseapartments.com/affordable-high-rise-apartments/ Affordable High Rise # Austin High Rises with Starting Rents Under $2,000 Last updated: October 20, 2026 Starting rents under $2,000 and the concessions that bring net rent lower. Free Austin high rise locating from a team that covers 23 towers and nothing else. 3–5 matched buildings with floor-level pricing and live concessions. $1,369–$1,999 starting rent per month · locating fee: $0 Get My High Rise Matches [#match →](#match) See qualified buildings [#buildings →](#buildings) - Starting rents under $2,000 by building - Net effective rent math on live concessions - Studio vs. 1BR trade-offs - Budget Calculator and Move-In Cost Estimator ![Bright high rise studio in Austin with sage accents and a skyline view](/images/misc/bright-high-rise-studio-apartment-in-austin-with-s.webp) 9 qualified towers tracked for this search Licensed Texas Brokerage · TREC #562021 $0 Fee to Renters 2-Hour Response · 23 Towers Tracked ![Calculator and concession rider on a kitchen island](/images/misc/calculator-and-lease-concession-rider-on-a-kitchen.webp) ## Nine Austin high rises start under $2,000 High rise living in Austin [/ →](/) isn’t only for $5,000-a-month budgets. Nine of the 23 towers we cover start under $2,000: | Tower | District | Starting rent | Concession | | --- | --- | --- | --- | | The Quincy | Rainey Street | $1,369 | 1.5 months free | | Solaris House | North Austin | $1,415 | 3 months free | | Skyhouse Austin | Rainey Street | $1,625 | None advertised | | The Waller | Rainey Street | $1,745 | 2 months free | | Alexan Waterloo | East Downtown | $1,804 | 2.5 months free | | 700 River | Rainey Street | $1,823 | 2 months free | | Northshore | West Downtown | $1,824 | 2.5 months free | | The Bowen | North Austin | $1,875 | 1–1.5 months free | | The Bowie | West Downtown | $1,999 | 1 month free | Starting rents are often studios (0BR) or lower floors. But four of these towers are on Rainey Street, steps from the Butler Trail, and two are in West Downtown near the Second Street District. You get the address and the amenities at a price close to the metro Class A asking rent of $1,741 (Q2 2026, Matthews). ## Net effective rent is the number that matters Concessions change the math more than most renters realize. With 6–10 weeks free typical across Austin right now, the sticker price can be misleading. **Worked example:** A 1BR lists at $2,100 with 2 months free on a 12-month lease. - Total rent over the lease: $2,100 × 10 paid months = $21,000 - Net effective rent: $21,000 ÷ 12 = **$1,750 a month** That’s how a “luxury 1BR over $2,000” becomes a 1BR under $2,000. We show the net effective rent for every unit we send, and our guide to net effective rent [/guide/net-effective-rent-explained/ →](/guide/net-effective-rent-explained/) explains upfront vs. prorated concessions. > **Plan for renewal** > > Concessions rarely renew. Budget for year two near the gross rent, and ask what the building’s renewal rent increases have looked like. We flag towers with a history of big jumps. ## Your all-in monthly cost Rent is the biggest line, not the only one. Budget for: - **Parking:** reserved spaces commonly $175–$250 a month downtown - **Utilities and internet:** many towers bundle a utility package - **Fees:** admin fee, amenity fee, valet trash and pet rent if applicable - **Renter’s insurance:** required at most towers - **Move-in cash:** first month, prorated rent, deposit (or a deposit alternative [/deposit-alternative-apartments/ →](/deposit-alternative-apartments/) ), application and admin fees A useful rule: aim for rent around 30% of gross income. Most towers also require income of 2.5×–3× monthly rent to qualify, and lower rent makes that bar easier to clear. ## Studio, convertible or 1BR? A higher-floor studio often costs less than a lower-floor 1BR and gets a better view. A convertible studio adds a sleeping nook. Roommate floor plans (2BR/2BA) split a bigger unit two ways. We price each option side by side. Read studio vs. 1-bedroom in an Austin high rise [/guide/studio-vs-one-bedroom-high-rise/ →](/guide/studio-vs-one-bedroom-high-rise/) . Qualified Buildings ## Which Austin high rises fit this search? Nine towers with starting rents under $2,000, lowest first. Starting rents are often studios or lower floors, and concessions lower the net rent further. ![The Quincy, 32-story residential tower at 91 Red River St, Austin](/images/misc/the-quincy-32-story-apartment-tower-on-red-river-s.webp) Rainey Street & Lady Bird Lake [/districts/rainey-street-lady-bird-lake/ →](/districts/rainey-street-lady-bird-lake/) ### The Quincy 91 Red River St · Kairoi Residential Floors: **32** Built: **2020** Layouts: **0–3BR** Rent: **$1,369–$7,279** Verified Lease Special 1.5 months free on qualifying leases The lowest starting rent of all 23 towers we cover at $1,369, usually a studio. Close to the Butler Trail at the lake end of Red River Street. Ask About The Quincy [/contact/ →](/contact/) ![Solaris House, 13-story residential tower at 2800 Solaris St, Austin](/images/misc/solaris-house-new-13-story-residential-building-in.webp) North Austin & Beyond Downtown [/districts/north-austin-beyond-downtown/ →](/districts/north-austin-beyond-downtown/) ### Solaris House 2800 Solaris St · Weidner Floors: **13** Built: **2024** Layouts: **0–2BR** Rent: **$1,415–$4,550** Verified Lease Special 3 months free on qualifying leases The newest of the three and the deepest concession in our inventory at 3 months free. Starts at $1,415. Ask About Solaris House [/contact/ →](/contact/) ![Skyhouse Austin, 23-story residential tower at 51 Rainey St, Austin](/images/misc/skyhouse-austin-23-story-residential-tower-at-the-.webp) Rainey Street & Lady Bird Lake [/districts/rainey-street-lady-bird-lake/ →](/districts/rainey-street-lady-bird-lake/) ### Skyhouse Austin 51 Rainey St · Simpson Property Group Floors: **23** Built: **2013** Layouts: **0–3BR** Rent: **$1,625–$4,145** No advertised concession at last check. Ask us what's live. The original Rainey high rise. Lower rent ceiling than its neighbors, and right at the lake end of the street. No advertised concession at last check. Ask About Skyhouse Austin [/contact/ →](/contact/) ![The Waller, 32-story residential tower at 1104 Sabine St, Austin](/images/misc/the-waller-32-story-residential-high-rise-on-sabin.webp) Rainey Street & Lady Bird Lake [/districts/rainey-street-lady-bird-lake/ →](/districts/rainey-street-lady-bird-lake/) ### The Waller 1104 Sabine St · Greystar Floors: **32** Built: **2022** Layouts: **0–3BR** Rent: **$1,745–$7,425** Verified Lease Special 2 months free on qualifying leases Sits along Waller Creek at the north end of the district, a step back from the bar strip. Starting rents under $2,000 make it a common pick for value-minded renters. Ask About The Waller [/contact/ →](/contact/) ![Alexan Waterloo, 30-story residential tower at 700 E 11th St, Austin](/images/misc/alexan-waterloo-30-story-apartment-tower-on-east-1.webp) East Downtown & Brazos [/districts/east-downtown-brazos/ →](/districts/east-downtown-brazos/) ### Alexan Waterloo 700 E 11th St · Kairoi Residential Floors: **30** Built: **2021** Layouts: **1–3BR** Rent: **$1,804–$14,593** Largest layout: **4,064 sq ft** Verified Lease Special 2.5 months free on qualifying leases The largest layout in our inventory at 4,064 sq ft, yet starting rents begin at $1,804. Sits on East 11th near the arts corridor. Ask About Alexan Waterloo [/contact/ →](/contact/) ![700 River, 42-story residential tower at 700 River St, Austin](/images/misc/700-river-42-story-glass-apartment-tower-near-rain.webp) Rainey Street & Lady Bird Lake [/districts/rainey-street-lady-bird-lake/ →](/districts/rainey-street-lady-bird-lake/) ### 700 River 700 River St · Greystar Floors: **42** Built: **2023** Layouts: **0–3BR** Rent: **$1,823–$19,620** Largest layout: **3,194 sq ft** Verified Lease Special 2 months free on qualifying leases Wide price range for a newer tower, starting at $1,823 and running to $19,620. Layouts reach 3,194 sq ft, which puts it on our downsizer shortlist. Ask About 700 River [/contact/ →](/contact/) ![Northshore, 38-story residential tower at 110 San Antonio St, Austin](/images/misc/northshore-38-story-residential-tower-on-san-anton.webp) West Downtown & Seaholm [/districts/west-downtown-seaholm/ →](/districts/west-downtown-seaholm/) ### Northshore 110 San Antonio St · Greystar Floors: **38** Built: **2016 / renov. 2022** Layouts: **0–3BR** Rent: **$1,824–$10,485** Verified Lease Special 2.5 months free on qualifying leases A renovated penthouse on 38 tops $10,000, while a standard 1BR on 8 starts under $2,000. Close to the lake and the Pfluger Bridge. Ask About Northshore [/contact/ →](/contact/) ![The Bowen, 19-story residential tower at 3000 Gracie Kiltz Lane, Austin](/images/misc/the-bowen-19-story-residential-tower-in-a-north-au.webp) North Austin & Beyond Downtown [/districts/north-austin-beyond-downtown/ →](/districts/north-austin-beyond-downtown/) ### The Bowen 3000 Gracie Kiltz Lane · Greystar Floors: **19** Built: **2021** Layouts: **0–3BR** Rent: **$1,875–$13,275** Verified Lease Special 1–1.5 months free on qualifying leases A 19-floor North Austin tower with a wide price range and studios through 3 bedrooms. A good fit for northern commuters. Ask About The Bowen [/contact/ →](/contact/) ![The Bowie, 36-story residential tower at 311 Bowie St, Austin](/images/misc/the-bowie-36-story-apartment-tower-on-bowie-street.webp) West Downtown & Seaholm [/districts/west-downtown-seaholm/ →](/districts/west-downtown-seaholm/) ### The Bowie 311 Bowie St · RPM Living Floors: **36** Built: **2015** Layouts: **0–3BR** Rent: **$1,999–$10,217** Verified Lease Special 1 month free on qualifying leases Steps from the Whole Foods flagship and 2nd Street. Starts just under $2,000, with top units above $10,000. Ask About The Bowie [/contact/ →](/contact/) Rents and concessions from our building profiles, Q4 2026. Concessions shift monthly. See all 23 buildings [/buildings/ →](/buildings/) . Before We Recommend a Tower ## What do we evaluate before a building makes your list? Portals publish photos and a starting price. These are the things we check in person and from our building profiles. ### Net effective rent Gross rent minus free months, spread across the lease. The number to compare, not the sticker price. ### Upfront vs. prorated concession Upfront free rent waives early months. Prorated spreads the discount. Same total, different cash flow. ### Renewal rent Concessions rarely renew. We flag the likely renewal rent so year two isn't a shock. ### All-in monthly cost Parking, utility package, valet trash, amenity and admin fees, and renter's insurance requirements. ### Studio vs. 1BR A higher-floor studio or a lower-floor 1BR? We price both so you can choose view or space. ### Fee waivers Look-and-lease specials, waived application fees and reduced deposits that cut move-in cash. On Tour ## What we look at in person Step by Step ## How does affordable high rise locating work? One contact from first message to move-in. Screening happens after matching, not before. 1. Step 01 ### Set a real budget Rent at about 30% of gross income, plus parking and utilities. Our Budget Calculator helps. 2. Step 02 ### Get net-rent matches 3–5 towers ranked by net effective rent, not sticker rent. 3. Step 03 ### Tour value units Starting-rent units are often lower floors or studios. We show you what you're getting. 4. Step 04 ### Apply where you qualify Lower rent means a lower income bar at 2.5×–3×. We confirm before you apply. 5. Step 05 ### Lock the concession Free months and fee waivers confirmed in the concession rider. **How we are compensated:** Our locating service is free to renters. When you lease at a participating community and list us as your locator, the community pays Spirit Real Estate Group a referral fee. Your rent and lease terms are the same as if you walked in yourself. How locators get paid [/guide/how-free-apartment-locators-get-paid/ →](/guide/how-free-apartment-locators-get-paid/) ## Want the short list for affordable high rise? It costs you $0 and there's no obligation to tour or apply. We reply within 2 business hours. Get My High Rise Matches [#match →](#match) Call (512) 555-0190 [tel:+15125550190 →](tel:+15125550190) Placement Stories ## Renter Scenarios We Handle Every Month Three common situations and how a building specialist changes the outcome. > “I had 10 days to sign before starting in Austin. They sent four buildings that fit my commute, steered me off a unit over a loading dock, and I signed at Paseo with 2.5 months free.” Marcus S. Tech relocator · Rainey Street Illustrative renter scenario > “After 24 years in Westlake we wanted space and a reserved spot. They found a 3-bedroom at Hanover Brazos with tandem parking that we never saw online.” Elena & David H. Downsizers · East Downtown Illustrative renter scenario > “They knew which building would accept my company's relocation guarantee before I applied. That saved me two application fees.” Jordan L. Corporate relocator · Seaholm Illustrative renter scenario Honest Answers ## Affordable High Rise: Frequently Asked Questions Are there high rise apartments in Austin under $2,000? + Yes. Nine of the 23 towers we cover have starting rents under $2,000: The Quincy ($1,369), Solaris House ($1,415), Skyhouse Austin ($1,625), The Waller ($1,745), Alexan Waterloo ($1,804), 700 River ($1,823), Northshore ($1,824), The Bowen ($1,875) and The Bowie ($1,999). Starting rents are usually studios or lower-floor units, and availability at the bottom of each range moves quickly. Concessions of 1 to 3 months free bring the net effective rent lower still, sometimes putting a 1BR under $2,000 net. What is net effective rent? + Net effective rent is the total rent you pay over the lease minus the value of free months, divided by the number of months. For example, a $2,100 unit with 2 months free on a 12-month lease costs $21,000 over the lease, which nets out to $1,750 a month. It's the fairest way to compare a building with a big concession against one with a lower sticker price and no concession. Read net effective rent explained [/guide/net-effective-rent-explained/ →](/guide/net-effective-rent-explained/) . What's the cheapest high rise in downtown Austin? + The Quincy on Red River Street starts at $1,369, usually for a studio, with 1.5 months free. Skyhouse Austin starts at $1,625 and The Waller at $1,745. How much income do I need for a $2,000 apartment? + At 2.5×–3× monthly rent, about $5,000–$6,000 a month in gross income. At the 30% guideline, about $80,000 a year. Is a studio worth it to get into a high rise? + For many renters, yes. A higher-floor studio can beat a lower-floor 1BR on views and price. See studio vs. 1-bedroom [/guide/studio-vs-one-bedroom-high-rise/ →](/guide/studio-vs-one-bedroom-high-rise/) . Will my rent go up at renewal? + Often, because concessions rarely renew. Plan for renewal near the gross rent, not the net effective rent. What fees should I budget for? + Application ($50–$100), admin, amenity and valet trash fees, parking ($175–$250 downtown) and a utility package. Our Move-In Cost Estimator adds them up. Which affordable tower has the best concession? + Solaris House currently offers 3 months free. Alexan Waterloo and Northshore are at 2.5 months. Do you only help luxury renters? + No. Every renter gets the same service at $0 cost, whether the budget is $1,400 or $14,000. Read Before You Tour ## Affordable High Rise guides All guides [/guide/ →](/guide/) Decision guide ### Net Effective Rent: How Concessions Bring Luxury 1BRs Under $2,000 Gross vs. net effective rent worked out, upfront vs. prorated concessions, and the renewal-rent shock to plan for. [Net Effective Rent: How Concessions Bring Luxury 1BRs Under $2,000 →](/guide/net-effective-rent-explained/) Decision guide ### Studio vs. 1BR in an Austin High Rise: Space and Price Trade-offs Price gap, layout differences, which towers offer studios, and whether a higher-floor studio beats a lower-floor 1BR. [Studio vs. 1BR in an Austin High Rise: Space and Price Trade-offs →](/guide/studio-vs-one-bedroom-high-rise/) Districts for this search Rainey Street & Lady Bird Lake [/districts/rainey-street-lady-bird-lake/ →](/districts/rainey-street-lady-bird-lake/) West Downtown & Seaholm [/districts/west-downtown-seaholm/ →](/districts/west-downtown-seaholm/) North Austin & Beyond Downtown [/districts/north-austin-beyond-downtown/ →](/districts/north-austin-beyond-downtown/) East Downtown & Brazos [/districts/east-downtown-brazos/ →](/districts/east-downtown-brazos/) Related Searches ## Renters looking at this also compare Flexible Approval ### Flexible Credit & Approval High Rise Apartments Pre-application matching against each building's screening profile. $1,369–$45,000/mo Explore [Flexible Credit & Approval High Rise Apartments →](/flexible-credit-approval-apartments/) Deposit Alternatives ### Deposit Alternative Apartments (Jetty, Obligo, TheGuarantors, Rhino) Which towers accept which deposit program, and which pairings approve fastest. $1,369–$45,000/mo Explore [Deposit Alternative Apartments (Jetty, Obligo, TheGuarantors, Rhino) →](/deposit-alternative-apartments/) New Construction ### New Construction High Rise Apartments (2024–2026) 2024–2026 towers, pre-leasing access and the widest lease-up concessions. $1,415–$45,000/mo Explore [New Construction High Rise Apartments (2024–2026) →](/new-construction-high-rise-apartments/) Free Tools ## Run your numbers before you tour ### Austin High Rise Budget Calculator See the rent you can comfortably afford at 30% of gross income, the deposit to expect, and your all-in monthly total. Use calculator → [Austin High Rise Budget Calculator →](/tools/high-rise-budget-calculator/) ![](/images/misc/night-view-of-the-downtown-austin-skyline-reflecte.webp) ## Ready to see your affordable high rise matches? Tell us your building preferences. We'll match you to 3–5 Austin high rises within 24 hours. Get My High Rise Matches [/contact/ →](/contact/) Text (512) 555-0190 [sms:+15125550190 →](sms:+15125550190) Prefer to talk now? Direct line: (512) 555-0190 [tel:+15125550190 →](tel:+15125550190) · Response within 2 business hours · $0 to renters