
Cheap Apartments for Rent in Allen, TX from $500 (94 Rentals)
Search the lowest-cost Apartments available for rent right now in Allen.


The Jove Apartment Homes

Total Monthly Price
Mission Eagle Pointe

Total Monthly Price
Twin Creeks Crossing

Emerson at Ford Park

Total Monthly Price
Benton Pointe

Total Monthly Price
The Carson at Twin Creeks

DeLayne at Twin Creeks

Total Monthly Price
THE REFLECTION AT MONTGOMERY RIDGE

Total Monthly Price
Axis at Watters Creek
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.

The Montgomery at Watters Creek

Dove Hollow

Knox Allen Station

Total Monthly Price
Inkwell Watters Creek

Total Monthly Price
eaves Twin Creeks

Lofts at Watters Creek Apartments

Total Monthly Price
The Link at Twin Creeks

Magnolia on the Green

Trails at Creekside

Total Monthly Price
Watterscape Urban Residential
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.

Total Monthly Price
Alta at The Farm

Total Monthly Price
Alta Magnolia

Lakes of Eldorado

Total Monthly Price
Parkside at Craig Ranch Apartments

Total Monthly Price
The Gio Apartments

Soho Parkway

7200 Chase Oaks Blvd

Orion McKinney Apartments

Ranch At Ridgeview

Total Monthly Price
Thornbury at Chase Oaks
An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years
From the Bishop Arts District to Uptown, get the real story on Dallas living from a 35-year local. Explore neighborhoods, must-try food spots, and life in the Big D.

Total Monthly Price
Avalon at Chase Oaks

1701 at Eldorado

Total Monthly Price
Steeplechase Apartments

Magnolia Ranch

Total Monthly Price
Parmore Plano

McKinney Village

Grand Texan

Total Monthly Price
Jada Legacy Central

Total Monthly Price
Hunters Glen

The Atlantic McKinney Ranch
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Total Monthly Price
Bellevue at Spring Creek

Total Monthly Price
El Lago

Total Monthly Price
The Gables of McKinney

Total Monthly Price
The Jade at Frisco

Total Monthly Price
McKinney Pointe

McKinney Square Apartments

Sorrel Fairview

Total Monthly Price
Greenbriar Apartments

Villas at Chase Oaks

The Waylon Apartments & Townhomes
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Allen, TX Local Guide

How much does it cost to rent an apartment in Allen?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Allen Studio Apartments | $1,278 | $938 | $2,212 |
| Cheap Allen 1 Bedroom Apartments | $1,491 | $899 | $3,806 |
| Cheap Allen 2 Bedroom Apartments | $1,990 | $1,025 | $4,935 |
| Cheap Allen 3 Bedroom Apartments | $2,722 | $1,359 | $9,805 |
| Cheap Allen 4 Bedroom Apartments | $4,489 | $2,595 | $8,275 |
Browse Top Apartments in Allen
See all Apartments in AllenExplore Allen
Allen, TX Local Guide

- Allen Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Allen Apartments for Rent
 The cheapest available apartment rental in Allen, TX is a 1 Bed unit found at Lakes of Eldorado in the McKinney Greens neighborhood priced from $899. Parkside at Craig Ranch Apartments in the Twin Creeks neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $956. Here is today’s list of the most affordable Allen apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakes of Eldorado | Vista | 1BR,1BA | $899 |
| Parkside at Craig Ranch Apartments | Canyon | Studio,1BA | $956 |
| The Gio Apartments | A3 | 1BR,1BA | $968 |
| Soho Parkway | Aloe | 1BR,1BA | $977 |
| 301 Greenville | B1 | 2BR,2BA | $999 |
| Plaza At Chase Oaks | The Hampton | 2BR,2BA | $999 |
| Orion McKinney Apartments | Zenith w/ Carport Included | Studio,1BA | $999 |
| Ranch At Ridgeview | Bungalow | 1BR,1BA | $1,001 |
| Saxon Woods | A1 | 1BR,1BA | $1,001 |
| 1701 at Eldorado | A1 | 1BR,1BA | $1,015 |
Best Value Apartments for Rent in Allen, TX
As of March 05, 2026 the best value apartment in the Allen area is the $1.50 price per square foot C2 Model at Aspire Mckinney Ranch in the in the Village Park neighborhood starting from $1,979. The second greatest value Allen apartment is the D1 Model at The Independence starting at $1,882 with a $1.44 price per square foot in the McKinney Greens neighborhood. Here is today’s list of the best values for Allen apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aspire Mckinney Ranch | C2 | 3BR,2BA | $1.50 |
| The Independence | D1 | 4BR,2BA | $1.44 |
| Estancia At Ridgeview Ranch | 2 Bed 2 Bath 1130 SqFt (1130 Net) | 2BR,2BA | $1.51 |
| Country Lane Seniors McKinney | B | 2BR,1BA | $1.49 |
| 301 Greenville | B1 Premium | 2BR,2BA | $1.28 |
| The Atlantic McKinney Ranch | A1A | 1BR,1BA | $1.24 |
| Plaza At Chase Oaks | The Avalon | 1BR,1BA | $1.29 |
| Soho Parkway | Amyris | 1BR,1BA | $1.31 |
| Mission Eagle Pointe | A1 | 1BR,1BA | $1.46 |
| Steeplechase Apartments | A1 | 1BR,1BA | $1.52 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleTop 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
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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. "
Best Local Schools in Allen, TX
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Allen, TX Rentals by Map
See the most popular apartments and homes in Allen, TX
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 Parkside at Craig Ranch Apartments listed at $956.
How much is rent for a Cheap One Bedroom Allen Apartment?
The lowest price for a Cheap One Bedroom Allen Apartment is $899 at Lakes of Eldorado.
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 $999 at 301 Greenville.
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 $1,359.
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.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Dallas, TX
Written by: Tiffany Clark
Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX
Written by: Tiffany Clark
According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.

The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers
Written by: Tiffany Clark
Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.

An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years
Written by: Tiffany Clark
My ancestors on both sides were some of the earliest Texas settlers, and I have that big Texas pride that we Texans are famous for. While I've lived in other places, Texas always has been and always will be home.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.