Cheap Homes for Rent in Allen, TX from $500 (61 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 2

Allen, TX Local Guide

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. Venue Craig Ranch in the Village Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $940. Here is today’s list of the most affordable Allen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakes of EldoradoVista1BR,1BA$899
Venue Craig RanchA11BR,1BA$940
Steeplechase ApartmentsA11BR,1BA$941
Parkside at Craig Ranch ApartmentsCascadeStudio,1BA$956
Ranch At RidgeviewBungalow1BR,1BA$959
Soho ParkwayAmyris1BR,1BA$966
The Gio ApartmentsA31BR,1BA$984
Saxon WoodsA11BR,1BA$989
1701 at EldoradoA11BR,1BA$994
Plaza At Chase OaksThe Hampton2BR,2BA$999

Best Value Apartments for Rent in Allen, TX

As of February 17, 2026 the best value apartment in the Allen area is the $1.35 price per square foot Ridgeview Villas - Comal Model at Ridgeview Villas in the in the Twin Creeks neighborhood starting from $2,995. The second greatest value Allen apartment is the C2A Model at The Atlantic McKinney Ranch starting at $1,706 with a $1.24 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.
Ridgeview VillasRidgeview Villas - Comal3BR,2.5BA$1.35
The Atlantic McKinney RanchC2A3BR,2BA$1.24
Aspire Mckinney RanchC23BR,2BA$1.50
Venue Craig RanchB12BR,2BA$1.56
Country Lane Seniors McKinneyB2BR,1BA$1.49
MAA Times SquareMidtown1BR,1BA$1.44
Soho ParkwayAlta Misa with Office1BR,1BA$1.36
Plaza At Chase OaksThe Avalon1BR,1BA$1.29
301 GreenvilleA1 Premium1BR,1BA$1.56
Steeplechase ApartmentsA11BR,1BA$1.37

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 Article
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

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

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Decorative image of map

See the most popular apartments and homes in Allen, TX

View Map
Allen, TX Apartments Map
View Map
Allen, TX Rental Homes Map

Frequently Asked Questions about Allen

What type of rentals are currently available in Allen?

There are currently 150 Apartments for Rent in Allen, TX with pricing that ranges from $938 to $13,015. There are also 480 Single Family Homes for rent, Condos, and Townhome rentals currently available in Allen ranging from $585 to $8,100.

What is the current price range for Rental Homes in Allen?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Allen ranges from $585 to $8,100 with an average monthly rent of $2,634.

How much are larger Three and Four Bedroom Rentals in Allen?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Allen range from $1,677 to $9,825, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,745 to $5,500. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $2,454.

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

decorative image for The 10 Best Affordable Neighborhoods in Dallas, TX article

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.

decorative image for Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX article

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.

decorative image for The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers article

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.

decorative image for An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years article

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.