Cheap Apartments for Rent near Elmo, TX from $400 (42 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
$890 - $1,888
Total Monthly Price

Total Monthly Price

Base Rent
$890 - $1,888
Total Monthly Price
$890 - $1,888
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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Aspen at Gateway
$1,086 - $2,492
Total Monthly Price

Total Monthly Price

Base Rent
$1,086 - $2,492
Total Monthly Price
$1,086 - $2,492
1 to 3 Bedroom Apartments Available Now

Aspen at Gateway

1300 Gateway BlvdForney, TX 75126
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Mission Rockwall
Rent Specials
$1,167 - $1,987
Total Monthly Price

Total Monthly Price

Base Rent
$1,167 - $1,987
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Mission Rockwall

923 Yellow Jacket LnRockwall, TX 75087
Affordability
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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
$1,250 - $2,726
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $2,726
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Corban Discovery

2350 Discovery BlvdRockwall, TX 75032
Student Housing
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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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Harbor Hill
Rent Specials
$1,280 - $2,997
Total Monthly Price

Total Monthly Price

Base Rent
$1,280 - $2,997
Total Monthly Price
$1,280 - $2,997
Studio to 3 Bedroom Apartments Available Now

Harbor Hill

2400 Summer Lee DrRockwall, TX 75032
Corporate Housing
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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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The Oaks Apartments
1 to 2 Bedroom Apartments

The Oaks Apartments

2700 Tabor PkwyKaufman, TX 75142
  • Utilities Included

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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Marquis Rockwall
Studio to 2 Bedroom Apartments

Marquis Rockwall

1470 S John King BlvdRockwall, TX 75032
Senior Living
property at 100 Melody Ln

$1,100

2 Bedroom Rentals

Available Now

100 Melody Ln

Wills PointTX75169
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Meadowview Townhomes
1 to 3 Bedroom Apartments

Meadowview Townhomes

151 Meadowview CtTerrell, TX 75160
  • Utilities Included

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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The Park
1 to 2 Bedroom Apartments

The Park

112 Greenhill LnFate, TX 75132
Showing Results 1-42, 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 Studio unit found at Rylan at Gateway in the Fox Hollow neighborhood priced from $890. Gateway Pines in the Fox Hollow neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,047. Here is today’s list of the most affordable Elmo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rylan at GatewayE1Studio,1BA$890
Gateway PinesA11BR,1BA$1,047
Marquis Rockwall0AStudio,1BA$1,073
Gateway Cedars ApartmentsA11BR,1BA$1,079
The Emerson at Forney MarketplaceA41BR,1BA$1,085
Gateway Oaks ApartmentsA1BR,1BA$1,100
Eastbank ApartmentsA11BR,1BA$1,130
Sonoma CourtA1A1BR,1BA$1,156
Plum TreeA1P11BR,1BA$1,164
Mission RockwallA11BR,1BA$1,167

Best Value Apartments for Rent in Elmo, TX and Nearby

As of July 29, 2026 the best value apartment in the Elmo area is the $1.01 price per square foot Albany Model at The Residences at Hudson Hollow in the in the Travis Ranch neighborhood starting from $1,795. The second greatest value Elmo apartment is the SUNSHINE Model at Summerwell Wildcat Ranch starting at $2,425 with a $1.44 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 HollowAlbany3BR,2.5BA$1.01
Summerwell Wildcat RanchSUNSHINE4BR,2BA$1.44
Tiffany Square3 Bedroom 2 Bath3BR,2BA$1.26
Wildwood Luxury Urban HomesB32BR,2BA$1.70
Heather Lane2 Bed 2 Bath Ranch2BR,2BA$1.40
Eastbank ApartmentsA2Q-Renovated1BR,1BA$1.69
Parc at Windmill FarmsA21BR,1BA$1.72
The Emerson at Forney MarketplaceA21BR,1BA$1.60
Mission RockwallA11BR,1BA$1.69
Rylan at GatewayA11BR,1BA$1.72

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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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 Rylan at Gateway listed at $890.

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

The lowest price for a Cheap One Bedroom Elmo Apartment is $1,047 at Gateway Pines.

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 $1,202 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 $1,311.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.