Cheap Homes for Rent in Allen, TX from $500 (91 Rentals)

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

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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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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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.

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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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 Avalon at Chase Oaks in the Plano neighborhood priced from $935. Thornbury at Chase Oaks in the Plano neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $980. Here is today’s list of the most affordable Allen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Avalon at Chase OaksA1-IR1BR,1BA$935
Thornbury at Chase OaksA3-IR1BR,1BA$980
The Gio ApartmentsA31BR,1BA$980
McKinney PointeA1A1BR,1BA$995
Watterscape Urban ResidentialE11BR,1BA$999
Springs At MckinneyStudio Grand OverlookStudio,1BA$1,005
Ranch At RidgeviewBungalow1BR,1BA$1,017
The Gables of McKinney1A1BR,1BA$1,018
Sheridan Park at Spring Creek1X1A1BR,1BA$1,024
Cross CreekOne Bed / One Bath1BR,1BA$1,050

Best Value Apartments for Rent in Allen, TX

As of July 02, 2026 the best value apartment in the Allen area is the $1.42 price per square foot London with Study Model at Bexley Lake Forest in the in the Twin Creeks neighborhood starting from $2,099. The second greatest value Allen apartment is the C1 Model at The Adley Craig Ranch Apartments starting at $2,177 with a $1.48 price per square foot in the Village Park 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.
Bexley Lake ForestLondon with Study2BR,2BA$1.42
The Adley Craig Ranch ApartmentsC13BR,2BA$1.48
The Atlantic McKinney RanchC2A3BR,2BA$1.24
Sheridan Park at Spring Creek3X2A3BR,2BA$1.51
The IndependenceC13BR,2BA$1.46
MAA Times SquareBrooklyn1BR,1BA$1.25
Tuscany VillasThe Verona2BR,2BA$1.31
Hunters GlenA21BR,1BA$1.56
Plaza At Chase OaksThe Avalon1BR,1BA$1.42
Cross CreekOne Bed / One Bath1BR,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.

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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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Real 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.

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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.

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Best Local Schools in
Allen, TX

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Allen

What type of rentals are currently available in Allen?

There are currently 157 Apartments for Rent in Allen, TX with pricing that ranges from $850 to $18,898. There are also 414 Single Family Homes for rent, Condos, and Townhome rentals currently available in Allen ranging from $585 to $8,000.

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 $8,000 with an average monthly rent of $3,027.

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 $1,465 to $8,313, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $5,700. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $2,622.

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

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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.

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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.

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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.

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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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.