Cheap Apartments for Rent near Elmo, TX from $520 (48 Rentals)

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

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Rylan at Gateway
Rent Specials
$999 - $2,009

Total Monthly Price

Base Rent$999 - $2,009
Total Monthly Price$999 - $2,009
Studio to 2 Bedroom Apartments Available Now

Rylan at Gateway

1205 N Gateway BlvdForney, TX 75126
Affordability
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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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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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Corban Discovery
Rent Specials
$1,225 - $2,685

Total Monthly Price

Base Rent$1,225 - $2,685
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Corban Discovery

2350 Discovery BlvdRockwall, TX 75032
Student Housing
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Harbor Hill
Rent Specials
$1,280 - $3,011

Total Monthly Price

Base Rent$1,280 - $3,011
Total Monthly Price$1,280 - $3,011
Studio to 3 Bedroom Apartments Available Now

Harbor Hill

2400 Summer Lee DrRockwall, TX 75032
Corporate Housing
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Aspen at Gateway
$1,284 - $2,492

Total Monthly Price

Base Rent$1,284 - $2,492
Total Monthly Price$1,284 - $2,492
1 to 3 Bedroom Apartments Available Now

Aspen at Gateway

1300 Gateway BlvdForney, TX 75126
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Luxia Rockwall Downes
Rent Specials
$1,301 - $3,716

Total Monthly Price

Base Rent$1,301 - $3,716
Total Monthly Price$1,301 - $3,716
1 to 3 Bedroom Apartments Available Now

Luxia Rockwall Downes

2300 Discovery BlvdRockwall, TX 75032
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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.

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Mission Rockwall
Rent Specials
$1,347 - $2,122

Total Monthly Price

Base Rent$1,347 - $2,122
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Mission Rockwall

923 Yellow Jacket LnRockwall, TX 75087
Luxury
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Silver Spring Forney
1 to 2 Bedroom Apartments

Silver Spring Forney

1000 Reeder LnForney, TX 75126
Senior Living
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Marquis Rockwall
Studio to 2 Bedroom Apartments

Marquis Rockwall

1470 S John King BlvdRockwall, TX 75032
Senior Living

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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Adelaide
1 to 4 Bedroom Apartments

Adelaide

1300 S Adelaide StTerrell, TX 75160
  • Utilities Included
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Meadowview Townhomes
1 to 3 Bedroom Apartments

Meadowview Townhomes

151 Meadowview CtTerrell, TX 75160
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The Park
1 to 2 Bedroom Apartments

The Park

112 Greenhill LnFate, TX 75132

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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Showing Results 1-48, Page 1 of 1

Elmo, TX Local Guide

Cheapest Available Elmo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elmo, TX is a 1 Bed unit found at The Oaks Apartments in the Kaufman County neighborhood priced from $925. Marquis Rockwall in the Riding Club neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $993. Here is today’s list of the most affordable Elmo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Oaks ApartmentsOne Bedroom1BR,1BA$925
Marquis Rockwall0AStudio,1BA$993
Rylan at GatewayE2Studio,1BA$999
Florence at the HarborShorelineStudio,1BA$1,030
Magnolia Grove Apartments0x1 578 sq ft Studio1BR,1BA$1,030
Bridgewood RanchA1B1BR,1BA$1,040
Gateway Cedars ApartmentsA11BR,1BA$1,055
Gateway PinesEStudio,1BA$1,064
Eastbank ApartmentsA11BR,1BA$1,070
The Emerson at Forney MarketplaceA41BR,1BA$1,125

Best Value Apartments for Rent in Elmo, TX and Nearby

As of September 13, 2026 the best value apartment in the Elmo area is the $1.02 price per square foot Broadway Model at The Residences at Hudson Hollow in the in the Travis Ranch neighborhood starting from $2,195. The second greatest value Elmo apartment is the JOY Model at Summerwell Wildcat Ranch starting at $2,281 with a $1.53 price per square foot in the Forney Combine neighborhood. Here is today’s list of the best values for Elmo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Residences at Hudson HollowBroadway4BR,2.5BA$1.02
Summerwell Wildcat RanchJOY3BR,2BA$1.53
Tiffany Square2 Bedroom 2 Bath2BR,2BA$1.30
The Emerson at Forney MarketplaceB32BR,2BA$1.68
Heather Lane ApartmentsB1.61BR,1BA$1.63
Luxia Rockwall DownesA31BR,1BA$1.64
Parc at Windmill FarmsA21BR,1BA$1.52
Eastbank ApartmentsA11BR,1BA$1.53
Bridgewood RanchA1B1BR,1BA$1.51
The Oaks ApartmentsOne Bedroom1BR,1BA$1.45

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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Navigating the Rental Market: Tips for First-Time Renters

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

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Frequently Asked Questions about Cheap Elmo Apartments

What is the Cheapest Studio apartment in Elmo?

Currently the most affordable Cheap Studio Apartment in Elmo is at Marquis Rockwall listed at $993.

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

The lowest price for a Cheap One Bedroom Elmo Apartment is $925 at The Oaks Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Elmo is starting from $1,112 at Bridgewood Ranch.

What is the most affordable Elmo Three Bedroom Apartment?

The best deal on a cheap Elmo Three Bedroom Apartment rental is at Bridgewood Ranch and starts from $1,534.

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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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.