Cheap Homes for Rent near Elmo, TX from $900 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

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

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.

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.

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 $981. Bridgewood Ranch in the Kaufman County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,009. Here is today’s list of the most affordable Elmo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rylan at GatewayE1Studio,1BA$981
Bridgewood RanchA1A1BR,1BA$1,009
Gateway PinesA11BR,1BA$1,055

Best Value Apartments for Rent in Elmo, TX and Nearby

As of July 23, 2026 the best value apartment in the Elmo area is the $1.44 price per square foot SUNSHINE Model at Summerwell Wildcat Ranch in the in the Forney Combine neighborhood starting from $2,425. The second greatest value Elmo apartment is the C1 Model at Mission Rockwall starting at $1,847 with a $1.48 price per square foot in the Riding Club 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.
Summerwell Wildcat RanchSUNSHINE4BR,2BA$1.44
Mission RockwallC13BR,2BA$1.48
Aspen at GatewayB22BR,2BA$1.66
Tiffany Square2 Bedroom 2 Bath2BR,2BA$1.05
The Emerson at Forney MarketplaceB32BR,2BA$1.67
Heather Lane2 Bed 2 Bath Ranch2BR,2BA$1.34
Parc at Windmill FarmsA21BR,1BA$1.72
Gateway Oaks ApartmentsA11BR,1BA$1.71
Magnolia Grove Apartments1x1 704 sq ft1BR,1BA$1.75
Plum TreeA1P11BR,1BA$1.71

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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Elmo, TX Rentals by Map

View Map
Elmo, TX Apartments Map
View Map
Elmo, TX Rental Homes Map

Frequently Asked Questions about Elmo

What type of rentals are currently available in Elmo?

There are currently 45 Apartments for Rent in Elmo, TX with pricing that ranges from $520 to $4,668. There are also 31 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 $3,490.

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 $700 to $4,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $2,030.

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.