
Cheap Homes for Rent in Elsa, TX from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Elsa.


8 Sugar Cane Dr

10 Wynn Dr
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.

8 Lilia Dr

10 Martinez St

2122 Taxco Ct, Unit 4
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.
Elsa, TX Local Guide

How much does it cost to rent a home in Elsa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elsa 2 Bedroom Homes for Rent | $863 | $595 | $1,200 |
| Elsa 3 Bedroom Homes for Rent | $1,790 | $850 | $2,650 |
| Elsa 4 Bedroom Homes for Rent | $2,480 | $1,400 | $4,000 |
| Elsa 5 Bedroom Homes for Rent | $3,700 | $2,600 | $4,800 |
Browse Top Homes for Rent in Elsa
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Elsa, TX Local Guide
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Cheapest Available Elsa Apartments for Rent and Nearby
 The cheapest available apartment rental in Elsa, TX is a 1 Bed unit found at La Palmilla in the Los Lagos neighborhood priced from $356. La Stella Independent Senior Living in the Los Lagos neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $380. Here is today’s list of the most affordable Elsa apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| La Palmilla | 1BD | 1BR,1BA | $356 |
| La Stella Independent Senior Living | A3 | 1BR,2BA | $380 |
| Sterling Oak Apartments | SO - 1 X 1 | 1BR,1BA | $595 |
Best Value Apartments for Rent in Elsa, TX and Nearby
As of May 21, 2026 the best value apartment in the Elsa area is the $0.75 price per square foot Townhouse Style Apartment Model at 1814 E Iowa Rd in the in the Los Lagos neighborhood starting from $900. The second greatest value Elsa apartment is the Two Bedroom Model at Avanti East Apartments starting at $930 with a $0.87 price per square foot in the Los Lagos neighborhood. Here is today’s list of the best values for Elsa apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1814 E Iowa Rd | Townhouse Style Apartment | 2BR,2.5BA | $0.75 |
| Avanti East Apartments | Two Bedroom | 2BR,2BA | $0.87 |
| Rock Ridge | 2 bedroom | 2BR,2BA | $0.85 |
| Sangria Sunset Villas | Unit Type B-SS | 2BR,1.5BA | $0.91 |
| La Herencia Apartments | 2 Beds, 1.5 baths | 2BR,1.5BA | $1.00 |
| “West Oak Apartments – Large 1 & 2-Bedroom Homes Near Everything!” | WO - Unit 1x1 B | 1BR,1BA | $0.94 |
| McIntyre Apartments | 1 Bed, 1 bath | 1BR,1BA | $0.97 |
| La Palmilla | 1BD | 1BR,1BA | $0.50 |
| Ka'Anali Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.86 |
| La Stella Independent Senior Living | A3 | 1BR,2BA | $0.58 |
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 Elsa
What type of rentals are currently available in Elsa?
There are currently 61 Apartments for Rent in Elsa, TX with pricing that ranges from $356 to $1,650. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elsa ranging from $595 to $4,800.
What is the current price range for Rental Homes in Elsa?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elsa ranges from $595 to $4,800 with an average monthly rent of $1,985.
How much are larger Three and Four Bedroom Rentals in Elsa?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elsa range from $504 to $1,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,650. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,177.
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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.