Cheap Homes for Rent in Eddy, TX from $700 (12 Rentals)

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

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.

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.

Eddy, TX Local Guide

Cheapest Available Eddy Apartments for Rent and Nearby

 

The cheapest available apartment rental in Eddy, TX is a 1 Bed unit found at Heritage Village Apartments in the Windmill Farms neighborhood priced from $639. Rambler Heights in the Parkdale neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Eddy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heritage Village Apartments1-1 (704)1BR,1BA$639
Rambler Heights1 Bedroom1BR,1BA$750
WildwoodWalnut1BR,1BA$809
THE BLUFFS1/11BR,1BA$895
Midtown ApartmentsA11BR,1BA$900

Best Value Apartments for Rent in Eddy, TX and Nearby

As of June 05, 2026 the best value apartment in the Eddy area is the $1.29 price per square foot C1 Wrangler Model at The Residence at CTM in the in the Alta Vista neighborhood starting from $1,646. The second greatest value Eddy apartment is the 2 Bed Townhome Model at Woodway Park Condominiums starting at $1,200 with a $1.00 price per square foot in the Parkdale neighborhood. Here is today’s list of the best values for Eddy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Residence at CTMC1 Wrangler3BR,2BA$1.29
Woodway Park Condominiums2 Bed Townhome2BR,1.5BA$1.00
Park Place ApartmentsTwo Bedroom2BR,2BA$1.04
MeadowParkTownhome2BR,2.5BA$1.14
The Colony ApartmentsUnit E2BR,2BA$1.31
The RetreatB12BR,1.5BA$1.17
THE BLUFFS1/11BR,1BA$1.12
Summit Ridge1 Bed/1 Bath1BR,1BA$1.17
Heritage Village Apartments2x1 (689)2BR,1BA$1.07
Rambler Heights1 Bedroom1BR,1BA$1.10

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

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Frequently Asked Questions about Eddy

What type of rentals are currently available in Eddy?

There are currently 44 Apartments for Rent in Eddy, TX with pricing that ranges from $639 to $2,312. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eddy ranging from $750 to $2,750.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Eddy ranges from $750 to $2,750 with an average monthly rent of $1,640.

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

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.