
Cheap Homes for Rent in Elmo, TX from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Elmo.


1103 E Moore Ave

510 Frazier 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.

904 N Frances St

12046 Center St

1303 S Medora St
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.
Elmo, TX Local Guide

How much does it cost to rent a home in Elmo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmo 2 Bedroom Homes for Rent | $1,423 | $950 | $1,695 |
| Elmo 3 Bedroom Homes for Rent | $2,031 | $1,285 | $3,500 |
| Elmo 4 Bedroom Homes for Rent | $2,320 | $1,975 | $2,950 |
| Elmo 5 Bedroom Homes for Rent | $3,305 | $1,995 | $5,850 |
| Elmo 6 Bedroom Homes for Rent | $10,000 | $10,000 | $10,000+ |
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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 |
Best Value Apartments for Rent in Elmo, TX and Nearby
As of June 08, 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 $2,235 with a $1.33 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 | $1.33 |
| Tiffany Square | 2 Bedroom 2 Bath | 2BR,2BA | $1.05 |
| The Royse at Parker Boulevard Apartments | Two Bedroom - Trinity | 2BR,2BA | $1.52 |
| Timbers At The Park | Hickory | 2BR,2BA | $1.66 |
| Heather Lane | 2 Bed 2 Bath Ranch | 2BR,2BA | $1.34 |
| Parc at Windmill Farms | A1 | 1BR,1BA | $1.38 |
| Gateway Oaks Apartments | A2 | 1BR,1BA | $1.32 |
| The Emerson at Forney Marketplace | A2 | 1BR,1BA | $1.66 |
| The Oaks Apartments | One Bedroom | 1BR,1BA | $1.11 |
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!
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Frequently Asked Questions about Elmo
What type of rentals are currently available in Elmo?
There are currently 44 Apartments for Rent in Elmo, TX with pricing that ranges from $600 to $4,649. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmo ranging from $950 to $10,000.
What is the current price range for Rental Homes in Elmo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elmo ranges from $950 to $10,000 with an average monthly rent of $3,346.
How much are larger Three and Four Bedroom Rentals in Elmo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elmo range from $1,250 to $4,239, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,285 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,975 and Four Bedroom Apartments start at $2,038.
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

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.

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.