
Cheap Apartments for Rent in Alvord, TX from $400 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Alvord.


Alvord Apartments

Legacy Trails of Decatur - 55 Plus Apartments

The Cluster Apartments

Holly Tree

Pecan Grove Apartments

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Zodiac Apartments

Prairie Hollow Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Bonnie Green Apartments

The Village at Rayzor Ranch

Crestwood Apartments

Estate Villas at Krum Apartments

Discovery Park

Reata West Apartments

Crestview Place Apartments

The Venn
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.

The Laredo

Reatta Ranch Apartments

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The Beverley at Denton

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Birchway Sanger

Westwind Manor

Avondale Farms Seniors

307 E Cates St

309 E Nelson St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Grove at Brushy Creek

104 Harbor Dr

Reserve at Decatur

210 E Cates St

Classic Oaks Apartments

32hundred Windsor

134 Private Rd 3228

2266 W Oak St
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.
Alvord, TX Local Guide

How much does it cost to rent an apartment in Alvord?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alvord Studio Apartments | $1,068 | $795 | $1,244 |
| Alvord 1 Bedroom Apartments | $1,621 | $532 | $2,591 |
| Alvord 2 Bedroom Apartments | $2,150 | $589 | $2,999 |
| Alvord 3 Bedroom Apartments | $2,507 | $479 | $3,349 |
| Alvord 4 Bedroom Apartments | $3,010 | $2,319 | $3,375 |
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Alvord, TX Local Guide
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Cheapest Available Alvord Apartments for Rent and Nearby
 The cheapest available apartment rental in Alvord, TX is a 1 Bed unit found at Legacy Trails of Decatur - 55 Plus Apartments in the Wise County neighborhood priced from $532. Holly Tree in the Eaglechase neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Alvord apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Legacy Trails of Decatur - 55 Plus Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $532 |
| Holly Tree | 1bd (Jr. Room) | 1BR,1BA | $795 |
| The Cluster Apartments | Junior 1 Bedroom | 1BR,1BA | $795 |
| Pecan Grove Apartments | Studio | Studio,1BA | $795 |
| Zodiac Apartments | Studio | Studio,1BA | $800 |
| Prairie Hollow Apartments | Loft | 1BR,1BA | $860 |
| Bonnie Green Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Crestwood Apartments | Loft | 1BR,1BA | $1,020 |
| Estate Villas at Krum Apartments | Mesa | 1BR,1BA | $1,135 |
| Reata West Apartments | A1 | 1BR,1BA | $1,170 |
Best Value Apartments for Rent in Alvord, TX and Nearby
As of July 22, 2026 the best value apartment in the Alvord area is the $1.50 price per square foot 4482 Model at The Residences at Rayzor Ranch in the in the University Park neighborhood starting from $2,799. The second greatest value Alvord apartment is the TH2 w/ a den Model at The Palo Townhomes starting at $2,318 with a $1.52 price per square foot in the Lakes Of Lost Creek neighborhood. Here is today’s list of the best values for Alvord apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Residences at Rayzor Ranch | 4482 | 4BR,3.5BA | $1.50 |
| The Palo Townhomes | TH2 w/ a den | 3BR,2.5BA | $1.52 |
| Tricon Rancho Canyon | Plan 2 | 3BR,2BA | $1.49 |
| Westwind Manor | 2 Bed / 2 Bath | 2BR,2BA | $1.00 |
| Chisholm Trail Decatur | C1 | 3BR,2BA | $1.53 |
| The Laredo | B2 | 2BR,2BA | $1.43 |
| Crestwood Apartments | 2 Bedroom | 2BR,1BA | $1.49 |
| 32hundred Windsor | 1 Bed, 1 Bath | 1BR,1BA | $1.45 |
| Legacy Trails of Decatur - 55 Plus Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $0.71 |
| Bonnie Green Apartments | 1 Bedroom | 1BR,1BA | $1.43 |
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 ArticleReal 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.
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.
Best Local Schools in Alvord, TX
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Alvord, TX Rentals by Map
See the most popular apartments and homes in Alvord, TX
Frequently Asked Questions about Cheap Alvord Apartments
What is the Cheapest Studio apartment in Alvord?
Currently the most affordable Cheap Studio Apartment in Alvord is at Pecan Grove Apartments listed at $795.
How much is rent for a Cheap One Bedroom Alvord Apartment?
The lowest price for a Cheap One Bedroom Alvord Apartment is $532 at Legacy Trails of Decatur - 55 Plus Apartments.
What is the lowest price for a Cheap Two Bedroom Alvord Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Alvord is starting from $631 at Legacy Trails of Decatur - 55 Plus Apartments.
What is the most affordable Alvord Three Bedroom Apartment?
The best deal on a cheap Alvord Three Bedroom Apartment rental is at Estate Villas at Krum Apartments and starts from $1,290.
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

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.

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.