
Cheap Apartments for Rent in Elmo, TX from $400 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Elmo.


The Oaks Apartments

Total Monthly Price
Rylan at Gateway

Plum Tree

Gateway Pines

Eastbank Apartments

The Emerson at Forney Marketplace

Wilder
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.

Gateway Cedars Apartments

Total Monthly Price
Aspen at Gateway

Florence at the Harbor

Gateway Oaks Apartments

Total Monthly Price
Harbor Hill

Bridgewood Ranch

Parc at Windmill Farms

Heather Lane
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.

Tiffany Square

Bluff View

Timbers At The Park

Total Monthly Price
Mission Rockwall

The Rivers at Five Points

Magnolia Grove Apartments

The Royse at Parker Boulevard Apartments

The Southerly at Terrell
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.

Wildwood Luxury Urban Homes

Total Monthly Price
Corban Discovery

Total Monthly Price
Luxia Rockwall Downes

Sonoma Court

Sixteen50 at Lake Ray Hubbard Apartments

Total Monthly Price
The Preserve at Gateway

Silver Spring Forney

400 Oak Dr
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.

1103 E Moore Ave

Adelaide

Marquis Rockwall

100 Melody Ln

Meadowview Townhomes

510 Frazier St

Juniper Pointe Apartments

904 N Frances 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.

204 Pacific Ave

The Park

12046 Center St

1303 S Medora St
Elmo, TX Local Guide

How much does it cost to rent an apartment in Elmo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmo Studio Apartments | $1,067 | $981 | $1,140 |
| Elmo 1 Bedroom Apartments | $1,413 | $621 | $3,206 |
| Elmo 2 Bedroom Apartments | $1,716 | $738 | $3,178 |
| Elmo 3 Bedroom Apartments | $1,717 | $1,250 | $4,211 |
| Elmo 4 Bedroom Apartments | $2,664 | $2,030 | $4,724 |
Browse Top Apartments in Elmo
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Elmo, TX Local Guide
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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 priced from $825. Rylan at Gateway in the Fox Hollow neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $981. Here is today’s list of the most affordable Elmo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Oaks Apartments | One Bedroom | 1BR,1BA | $825 |
| Rylan at Gateway | E1 | Studio,1BA | $981 |
| Gateway Pines | A1 | 1BR,1BA | $1,029 |
| Eastbank Apartments | E1 | 1BR,1BA | $1,044 |
| Marquis Rockwall | 0A | Studio,1BA | $1,071 |
| Aspen at Gateway | A2 HC | 1BR,1BA | $1,098 |
| Florence at the Harbor | Shoreline | Studio,1BA | $1,100 |
| The Emerson at Forney Marketplace | A5 | 1BR,1BA | $1,145 |
| Parc at Windmill Farms | A1 | 1BR,1BA | $1,149 |
| Heather Lane | 2 Bedroom 2 Bath | 2BR,2BA | $1,150 |
Best Value Apartments for Rent in Elmo, TX and Nearby
As of June 14, 2026 the best value apartment in the Elmo area is the $1.32 price per square foot Greenwood Model at The Residences at Hudson Hollow in the in the Travis Ranch neighborhood starting from $2,250. The second greatest value Elmo apartment is the SUNSHINE Model at Summerwell Wildcat Ranch starting at $2,405 with a $1.43 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Residences at Hudson Hollow | Greenwood | 3BR,2BA | $1.32 |
| Summerwell Wildcat Ranch | SUNSHINE | 4BR,2BA | $1.43 |
| Tiffany Square | 2 Bedroom 2 Bath | 2BR,2BA | $1.05 |
| The Royse at Parker Boulevard Apartments | Two Bedroom - Trinity | 2BR,2BA | $1.52 |
| Heather Lane | 2 Bed 2 Bath Ranch | 2BR,2BA | $1.34 |
| Parc at Windmill Farms | A1 | 1BR,1BA | $1.38 |
| The Emerson at Forney Marketplace | A2 | 1BR,1BA | $1.63 |
| The Oaks Apartments | One Bedroom | 1BR,1BA | $1.11 |
| Bridgewood Ranch | A1B | 1BR,1BA | $1.72 |
| Timbers At The Park | Augusta | 1BR,1BA | $1.69 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elmo, TX Rentals by Map
See the most popular apartments and homes in Elmo, TX
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 Rylan at Gateway listed at $971.
How much is rent for a Cheap One Bedroom Elmo Apartment?
The lowest price for a Cheap One Bedroom Elmo Apartment is $825 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 $1,150 at Heather Lane.
What is the most affordable Elmo Three Bedroom Apartment?
The best deal on a cheap Elmo Three Bedroom Apartment rental is at Heather Lane and starts from $1,250.
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

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.

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.

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.

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.