Cheap Apartments for Rent in Allen, TX from $500 (207 Rentals)

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Alta at The Farm
Rent Specials
$1,105 - $3,125
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$1,105 - $3,125
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Studio to 3 Bedroom Apartments Available Now

Alta at The Farm

1287 Blue Tractor LnAllen, TX 75013
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Theo Allen Gateway
Rent Specials
$1,199 - $3,940
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Base Rent
$1,199 - $3,940
Total Monthly Price
$1,199 - $3,940
Studio to 3 Bedroom Apartments Available Now

Theo Allen Gateway

2014 Southside BlvdAllen, TX 75013
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Benton Pointe
Rent Specials
$1,211 - $2,052
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Total Monthly Price

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$1,211 - $2,052
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1 to 3 Bedroom Apartments Available Now

Benton Pointe

205 Benton DrAllen, TX 75013
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Alta Magnolia
Rent Specials
$1,229 - $3,439
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$1,229 - $3,439
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Studio to 3 Bedroom Apartments Available Now

Alta Magnolia

1245 Blue Tractor LaneAllen, TX 75013
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Settler's Gate
Rent Specials
$1,340 - $2,115
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$1,340 - $2,115
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1 to 3 Bedroom Apartments Available Now

Settler's Gate

1420 W McDermott DrAllen, TX 75013
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Dove Hollow
$1,409 - $1,667
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Total Monthly Price

Base Rent
$1,409 - $1,667
Total Monthly Price
$1,409 - $1,667
1 to 2 Bedroom Apartments Contact Us For Availability

Dove Hollow

540 E Bethany DrAllen, TX 75002
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Alleia Watters Creek
Rent Specials
$1,462 - $3,007
Total Monthly Price

Total Monthly Price

Base Rent
$1,462 - $3,007
Total Monthly Price
$1,462 - $3,007
1 to 3 Bedroom Apartments Available Now

Alleia Watters Creek

1165 Montgomery BlvdAllen, TX 75013
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Chaparral Townhomes
2 to 4 Bedroom Apartments

Chaparral Townhomes

351 Chaparral RdAllen, TX 75002
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Allen, TX Local Guide

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Cheapest Available Allen Apartments for Rent

 

The cheapest available apartment rental in Allen, TX is a 1 Bed unit found at Magnolia Ranch in the McKinney Greens neighborhood priced from $919. Sheridan Park at Spring Creek in the Royal Oaks neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $962. Here is today’s list of the most affordable Allen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Magnolia RanchA1 Essential1BR,1BA$919
Sheridan Park at Spring Creek1X1A1BR,1BA$962
McKinney PointeA1A1BR,1BA$978
Thornbury at Chase OaksA3-IR1BR,1BA$990
Watterscape Urban ResidentialE11BR,1BA$999
Springs At MckinneyStudio Grand OverlookStudio,1BA$1,005
Saxon WoodsA11BR,1BA$1,024
The Gables of McKinney1A1BR,1BA$1,032
The Gio ApartmentsA31BR,1BA$1,034
McKinney SquareA21BR,1BA$1,043

Best Value Apartments for Rent in Allen, TX

As of June 27, 2026 the best value apartment in the Allen area is the $1.27 price per square foot C2A Model at The Atlantic McKinney Ranch in the in the Twin Creeks neighborhood starting from $1,748. The second greatest value Allen apartment is the Three Bed / Two Bath Model at Cross Creek starting at $1,782 with a $1.40 price per square foot in the Twin Creeks neighborhood. Here is today’s list of the best values for Allen apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Atlantic McKinney RanchC2A3BR,2BA$1.27
Cross CreekThree Bed / Two Bath3BR,2BA$1.40
McKinney PointeB2D2BR,2BA$1.57
1701 at EldoradoB12BR,2BA$1.26
The IndependenceC13BR,2BA$1.46
MAA Times SquareBrooklyn1BR,1BA$1.26
Soho ParkwayAlta Misa with Office1BR,1BA$1.58
Plaza At Chase OaksThe Avalon1BR,1BA$1.42
El Lago1 Bed 1 Bth 857sf (757 Net)1BR,1BA$1.57
Hunters GlenA11BR,1BA$1.54

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX

Learn about the best Dallas neighborhoods for student renters by our Dallas, TX Local Expert Tiffany Clark

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Allen Overview

Located in the northern suburb of Dallas is the affluent community of Allen, with a population of 94,179, according to the 2014 census. With its meticulous landscape and scenery, you will love the sights and sounds as well as living in one of our lovely apartments in Allen.

Why live in Allen, TX?

" Allen is a distinctive town, with more than 61 miles of paved hiking and biking trails. There are plenty of outdoor as well as indoor activities to keep people from being bored. In fact, Allen has received multiple awards from different landscaping enmities. It is a family-friendly region and the people who live here are professionals who have values and standards in regard to building a strong community. You will love the lush greenery and atmosphere of this beauty spot, when you live in one or our wonderful Allen apartments. "

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Allen, TX Rentals by Map

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Frequently Asked Questions about Cheap Allen Apartments

What is the Cheapest Studio apartment in Allen?

Currently the most affordable Cheap Studio Apartment in Allen is at Springs At Mckinney listed at $1,005.

How much is rent for a Cheap One Bedroom Allen Apartment?

The lowest price for a Cheap One Bedroom Allen Apartment is $919 at Magnolia Ranch.

What is the lowest price for a Cheap Two Bedroom Allen Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Allen is starting from $1,025 at Thornbury at Chase Oaks.

What is the most affordable Allen Three Bedroom Apartment?

The best deal on a cheap Allen Three Bedroom Apartment rental is at Lakes of Eldorado and starts from $1,465.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The 10 Best Affordable Neighborhoods in Dallas, TX

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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