Hard call, Austin used to be one of the cheapest places to live in the nation, and U.T. is right in the center of town, and we are the capitol as well. Then the computer age hit and we got screwed like Silicon Valley, rents tripled in only a few years!
College Station is cheap from what I hear, you may want ask Sethan as he has some experience there, and knows the real estate pretty well of the area.