
Cheap Apartments for Rent in Allen, TX from $500 (168 Rentals)
Search the lowest-cost Apartments available for rent right now in Allen.


1424 Bliss Ave

Trails at Creekside

Mission Eagle Pointe

Twin Creeks Crossing

301 Greenville

Total Monthly Price
Benton Pointe

DeLayne at Twin Creeks

eaves Twin Creeks

The Carson at Twin Creeks
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.

Total Monthly Price
Watterscape Urban Residential

Emerson at Ford Park

Total Monthly Price
Alta at The Farm

Magnolia on the Green

The Jove Apartment Homes

Total Monthly Price
Alta Magnolia

Knox Allen Station

Lofts at Watters Creek Apartments

Total Monthly Price
Theo Allen Gateway

Total Monthly Price
Dove Hollow
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

1415 Field Dr

Total Monthly Price
THE REFLECTION AT MONTGOMERY RIDGE

Total Monthly Price
Settler's Gate

Inkwell Watters Creek

Total Monthly Price
Axis at Watters Creek

1415 Field Dr

Total Monthly Price
The Link at Twin Creeks

Hartwood

Total Monthly Price
Larkspur at Twin Creeks
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.

729 Junction Dr, Unit C313

Total Monthly Price
Alleia Watters Creek

Springwood at Allen

729 Junction Dr, Unit A224

729 Junction Dr, Unit C101

729 Junction Dr, Unit A446

729 Junction Dr, Unit A141

1614 Collin Dr

925 Honeysuckle Ln

The Gates of Allen Station
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.

Chaparral Townhomes

1308 Crestwood Ct

Discovery Village @ Twin Creeks Senior Living

909 Rolling Ridge Dr

901 Wandering Way Dr

528 Post Oak Ln

546 Cumberland Dr

728 Leading Ln Dr

302 Young Dr

535 Windsor Dr
Beyond Big D: The Ultimate Renter's Guide to 5 Key Cities in the DFW Area
Your complete guide to renting in the DFW suburbs. Learn about 5 cities near Dallas—from the affordability of Duncanville to the upscale living of Southlake—to choose where to call home.
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 | $1,316 | $1,015 | $2,363 |
| Cheap Allen 1 Bedroom Apartments | $1,463 | $908 | $4,477 |
| Cheap Allen 2 Bedroom Apartments | $1,944 | $1,099 | $6,486 |
| Cheap Allen 3 Bedroom Apartments | $2,604 | $1,465 | $4,593 |
| Cheap Allen 4 Bedroom Apartments | $3,857 | $2,581 | $10,000+ |
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 Cross Creek in the Twin Creeks neighborhood priced from $999. Ranch At Ridgeview in the Twin Creeks neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,002. Here is today’s list of the most affordable Allen apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cross Creek | One Bed / One Bath | 1BR,1BA | $999 |
| Ranch At Ridgeview | Bungalow | 1BR,1BA | $1,002 |
| Opal Legacy Central | S1 ESSENTIAL LIVING | Studio,1BA | $1,015 |
| Saxon Woods | A1 | 1BR,1BA | $1,033 |
| Trails at Creekside | A1 | 1BR,1BA | $1,033 |
| Thornbury at Chase Oaks | A3-IR | 1BR,1BA | $1,036 |
| Avalon at Chase Oaks | A2-IR | 1BR,1BA | $1,037 |
| Steeplechase Apartments | A1 | 1BR,1BA | $1,039 |
| Mission Eagle Pointe | A2 | 1BR,1BA | $1,040 |
| Magnolia Ranch | A1 | 1BR,1BA | $1,044 |
Best Value Apartments for Rent in Allen, TX
As of May 16, 2026 the best value apartment in the Allen area is the $1.43 price per square foot B1A Model at Aspire Mckinney Ranch in the in the Village Park neighborhood starting from $1,710. The second greatest value Allen apartment is the 2 Bed 2 Bth 1196sf (1125 Net ) Model at El Lago starting at $1,726 with a $1.53 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 | B1A | 2BR,2BA | $1.43 |
| El Lago | 2 Bed 2 Bth 1196sf (1125 Net ) | 2BR,2BA | $1.53 |
| MAA Times Square | Midtown | 1BR,1BA | $1.45 |
| Parmore Plano | B1 | 2BR,2BA | $1.39 |
| The Atlantic McKinney Ranch | A1A | 1BR,1BA | $1.30 |
| Plaza At Chase Oaks | The Avalon | 1BR,1BA | $1.42 |
| Cross Creek | One Bed / One Bath | 1BR,1BA | $1.31 |
| Mission Eagle Pointe | A1 | 1BR,1BA | $1.48 |
| Steeplechase Apartments | A1 | 1BR,1BA | $1.52 |
| Ranch At Ridgeview | Bungalow | 1BR,1BA | $1.53 |
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 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 ArticleReal 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.
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 Opal Legacy Central listed at $1,015.
How much is rent for a Cheap One Bedroom Allen Apartment?
The lowest price for a Cheap One Bedroom Allen Apartment is $999 at Cross Creek.
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 $1,191 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.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.