
Cheap Apartments for Rent in Allen, TX from $500 (145 Rentals)
Search the lowest-cost Apartments available for rent right now in Allen.


Mission Eagle Pointe

Twin Creeks Crossing

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Benton Pointe

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THE REFLECTION AT MONTGOMERY RIDGE

DeLayne at Twin Creeks

Emerson at Ford Park

eaves Twin Creeks

Trails at Creekside

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.

The Montgomery at Watters Creek

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Axis at Watters Creek

Dove Hollow

Magnolia on the Green

Lofts at Watters Creek Apartments

Knox Allen Station

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Settler's Gate

The Jove Apartment Homes

301 Greenville

1415 Field Dr
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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Watterscape Urban Residential

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Alta Magnolia

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The Link at Twin Creeks

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Alta at The Farm

1415 Field Dr

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Theo Allen Gateway

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Larkspur at Twin Creeks

Hartwood

729 Junction Dr, Unit C313

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Alleia Watters Creek
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.

Springwood at Allen

729 Junction Dr, Unit A224

729 Junction Dr, Unit A446

729 Junction Dr, Unit A141

925 Honeysuckle Ln

The Gates of Allen Station

Chaparral Townhomes

526 Post Oak Ln

516 Cedar Elm Ln

Discovery Village @ Twin Creeks Senior Living
The 4-Step Checklist for Moving to Dallas: A Local Expert's Guide to Utilities, Licenses, and Housing
Your ultimate DFW Moving Guide: From finding the perfect Dallas neighborhood (Downtown, Oak Lawn, Casa View) to setting up utilities.

McKinney Village

9108 Elissa Ct

3453 Old Manse Ct

1011 Windymeadow Ln

3384 P Ave

1011 Windymeadow Ln

Parkside at Craig Ranch Apartments

Magnolia Ranch

Thornbury at Chase Oaks

7200 Chase Oaks Blvd
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.
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 | $1,326 | $935 | $2,212 |
| Cheap Allen 1 Bedroom Apartments | $1,471 | $985 | $3,674 |
| Cheap Allen 2 Bedroom Apartments | $1,970 | $1,025 | $6,486 |
| Cheap Allen 3 Bedroom Apartments | $2,707 | $1,555 | $6,150 |
| Cheap Allen 4 Bedroom Apartments | $3,312 | $2,593 | $7,953 |
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 McKinney Village in the McKinney Greens neighborhood priced from $125. Magnolia Ranch in the McKinney Greens neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $954. Here is today’s list of the most affordable Allen apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McKinney Village | The Foxx | 1BR,1BA | $125 |
| Magnolia Ranch | A1 | 1BR,1BA | $954 |
| Mission Eagle Pointe | A1 | 1BR,1BA | $985 |
| Thornbury at Chase Oaks | A3-IR | 1BR,1BA | $999 |
| Parkside at Craig Ranch Apartments | Canyon | Studio,1BA | $1,003 |
| Ranch At Ridgeview | Bungalow | 1BR,1BA | $1,018 |
| Saxon Woods | A1 | 1BR,1BA | $1,033 |
| Twin Creeks Crossing | A1 | 1BR,1BA | $1,050 |
| Orion McKinney Apartments | Zenith w/ Carport Included | Studio,1BA | $1,056 |
| The Gio Apartments | A1 | 1BR,1BA | $1,058 |
Best Value Apartments for Rent in Allen, TX
As of April 18, 2026 the best value apartment in the Allen area is the $1.27 price per square foot Two Bed / Two Bath Model at Cross Creek in the in the Twin Creeks neighborhood starting from $1,272. The second greatest value Allen apartment is the 2-2 Model at Greenbriar Apartments starting at $1,460 with a $1.52 price per square foot in the Cross Creek 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. |
|---|---|---|---|
| Cross Creek | Two Bed / Two Bath | 2BR,2BA | $1.27 |
| Greenbriar Apartments | 2-2 | 2BR,2BA | $1.52 |
| Saxon Woods | A4 | 1BR,1BA | $1.57 |
| The Atlantic McKinney Ranch | A1A | 1BR,1BA | $1.36 |
| El Lago | 1 Bed 1 Bath 920 SqFt (840 Net) | 1BR,1BA | $1.48 |
| The Carson at Twin Creeks | A2 | 1BR,1BA | $1.57 |
| Plaza At Chase Oaks | The Avalon | 1BR,1BA | $1.45 |
| Soho Parkway | Amyris | 1BR,1BA | $1.52 |
| Hunters Glen | A1 | 1BR,1BA | $1.54 |
| Benton Pointe | Ashcroft | 1BR,1BA | $1.55 |
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.
Read ArticleDon'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 $1,003.
How much is rent for a Cheap One Bedroom Allen Apartment?
The lowest price for a Cheap One Bedroom Allen Apartment is $125 at McKinney Village.
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 $1,122 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 $1,555.
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

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.

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.