Cheap Apartments for Rent in Alvarado, TX from $500 (26 Rentals)

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

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The Residence at Alsbury
1 to 2 Bedroom Apartments

The Residence at Alsbury

749 Ridgehill DrBurleson, TX 76028
Senior Living
  • Utilities Included

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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Parkside Apartments
1 to 2 Bedroom Apartments

Parkside Apartments

106 Magnolia StMansfield, TX 76063
  • Utilities Included
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Kings Landing
2 Bedroom Apartments

Kings Landing

1300 E Dallas StMansfield, TX 76063
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The Audrey
1 to 2 Bedroom Apartments

The Audrey

3361 Harmon RdMansfield, TX 76063

Alvarado, TX Local Guide

Cheapest Available Alvarado Apartments for Rent

 

The cheapest available apartment rental in Alvarado, TX is a 1 Bed unit found at Cypress Creek at Joshua Station Apartment Homes priced from $909. Crestbrook Apartments in the Wakefield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $990. Here is today’s list of the most affordable Alvarado apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cypress Creek at Joshua Station Apartment HomesOne Bedroom - Blanco (Income-Restricted)1BR,1BA$909
Crestbrook ApartmentsEfficiencyStudio,1BA$990
The AlpsPine (A1)1BR,1BA$995
Live OakA21BR,1BA$999
Kingswood EstatesA11BR,1BA$1,000
Alsbury Villas1Bedroom1Bathroom1BR,1BA$1,018
The Park at Heritage HillsA21BR,1BA$1,084
The Residence at AlsburyTC 60% 1 Bedroom1BR,1BA$1,085
Town VillasTraditional 1 Bedroom1BR,1BA$1,100
Shannon Creek ApartmentsA21BR,1BA$1,109

Best Value Apartments for Rent in Alvarado, TX

As of June 20, 2025 the best value apartment in the Alvarado area is the $1.36 price per square foot Camden Model at Hidden Village in the in the Downtown Cleburne neighborhood starting from $2,088. The second greatest value Alvarado apartment is the C1 Model at Colonial starting at $1,848 with a $1.48 price per square foot . Here is today’s list of the best values for Alvarado apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hidden VillageCamden3BR,2BA$1.36
ColonialC13BR,2BA$1.48
The WaverlyThe Renfro2BR,2BA$1.42
Alsbury Villas2Bedroom1.5Bathroom2BR,1.5BA$1.42
Fountains of BurlesonB12BR,2BA$1.46
The Summit At Walnut CreekA21BR,1BA$1.61
Kings LandingThe Renovated Waterford2BR,1BA$1.61
Encore AlsburyThe Wilson1BR,1BA$1.58
Live OakA31BR,1BA$1.70
Kingswood EstatesA11BR,1BA$1.56

Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Alvarado, TX

Ranked #256

Among cities in Texas for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Alvarado, TX Rentals by Map

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Getting Around Alvarado, TX

Walk Score®

15 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Alvarado Apartments

What is the Cheapest Studio apartment in Alvarado?

Currently the most affordable Cheap Studio Apartment in Alvarado is at Crestbrook Apartments listed at $990.

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

The lowest price for a Cheap One Bedroom Alvarado Apartment is $909 at Cypress Creek at Joshua Station Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Alvarado Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Alvarado is starting from $1,150 at Kingswood Estates.

What is the most affordable Alvarado Three Bedroom Apartment?

The best deal on a cheap Alvarado Three Bedroom Apartment rental is at Alsbury Villas and starts from $1,381.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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