Cheap Apartments for Rent in Allen, TX from $500 (161 Rentals)

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Search the lowest-cost Apartments available for rent right now in Allen.

property at 1619 Collin Dr

$649

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$649
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$649

6 Bedroom, 3 Bath Home for Rent

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1619 Collin Dr

AllenTX75002
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Benton Pointe
Rent Specials
$1,066 - $1,973
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$1,066 - $1,973
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1 to 3 Bedroom Apartments Available Now

Benton Pointe

205 Benton DrAllen, 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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Alta Magnolia
Rent Specials
$1,284 - $3,559
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$1,284 - $3,559
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Studio to 3 Bedroom Apartments Available Now

Alta Magnolia

1245 Blue Tractor LaneAllen, TX 75013
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Alta at The Farm
Rent Specials
$1,285 - $3,165
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$1,285 - $3,165
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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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Settler's Gate
Rent Specials
$1,300 - $2,102
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$1,300 - $2,102
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1 to 3 Bedroom Apartments Available Now

Settler's Gate

1420 W McDermott DrAllen, 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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Theo Allen Gateway
Rent Specials
$1,434 - $4,145
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$1,434 - $4,145
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$1,434 - $4,145
Studio to 3 Bedroom Apartments Available Now

Theo Allen Gateway

2014 Southside BlvdAllen, TX 75013
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Alleia Watters Creek
Rent Specials
$1,542 - $3,267
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$1,542 - $3,267
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$1,542 - $3,267
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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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.

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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 Thornbury at Chase Oaks in the Twin Creeks neighborhood priced from $999. Parkside at Craig Ranch Apartments in the Twin Creeks neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here is today’s list of the most affordable Allen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Thornbury at Chase OaksA3-IR1BR,1BA$999
Parkside at Craig Ranch ApartmentsCanyonStudio,1BA$1,000
Ranch At RidgeviewBungalow1BR,1BA$1,020
The Gio ApartmentsA21BR,1BA$1,022
Magnolia RanchA11BR,1BA$1,029
Soho ParkwayAloe1BR,1BA$1,031
Saxon WoodsA11BR,1BA$1,033
Opal Legacy CentralS1 ESSENTIAL LIVINGStudio,1BA$1,038
Mission Eagle PointeA21BR,1BA$1,045
The Gables of McKinney1A1BR,1BA$1,055

Best Value Apartments for Rent in Allen, TX

As of May 02, 2026 the best value apartment in the Allen area is the $1.40 price per square foot 3 Bed 2 Bath 1382 SqFt (1290 Net) Model at El Lago in the in the McKinney Greens neighborhood starting from $1,811. The second greatest value Allen apartment is the B1 Model at 1701 at Eldorado starting at $1,476 with a $1.35 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 ListingModel NameBed/BathPrice Per Sq.Ft.
El Lago3 Bed 2 Bath 1382 SqFt (1290 Net)3BR,2BA$1.40
1701 at EldoradoB12BR,2BA$1.35
MAA Times SquareMidtown1BR,1BA$1.45
The Atlantic McKinney RanchA1A1BR,1BA$1.39
Aspire Mckinney RanchA1A1BR,1BA$1.46
Plaza At Chase OaksThe Avalon1BR,1BA$1.45
Cross CreekOne Bed / One Bath1BR,1BA$1.44
Mission Eagle PointeA11BR,1BA$1.48
Hunters GlenA11BR,1BA$1.54
Benton PointeAshcroft1BR,1BA$1.55

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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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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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 $1,037.

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

The lowest price for a Cheap One Bedroom Allen Apartment is $999 at Thornbury at Chase Oaks.

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 $1,240 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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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.

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