
Cheap Apartments for Rent in Hico, TX from $300 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in Hico.


Total Monthly Price
The Patrick

Total Monthly Price
The Lillian Crossroads

Hunter's Cove Townhomes

Bosque River Apartments

Oak Tree East Apartments

Comanche Townhomes

Creekside Townhomes

Paluxy Townhomes

Apex Townhomes
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.

Linda Lane Apartments

The Alps

Live Oak

The Summit

Lakeshore Apartments

Dolce Vita Lakeside

Lakeside RGLLC

Lake Villas Apartments

Pearl Street Townhomes

Cleburne Plaza
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.

834 River View Drive - Park View Townhomes

Cleburne Terrace

Courtyard Apartments and Mini Storage

Chisholm Trace

Towne Square Condos

Wildcat Vista

Total Monthly Price
Brazos Crossing

Townlake Apartments

Total Monthly Price
Lakehouse Granbury

Gatesville Trails
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.

Pullman Park Apartments

525 W Collins

701 S Lillian

The Parker II

1120 W Frey

The Parker

561 S 2nd Ave

402 Garrett Ct

520 Live Oak St

422 S Lillian
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Trinity Apartments

1711 Groesbeck St

239 Private Rd 1634

1303 E Boynton

Derek Ville

Riverwalk Townhomes

The Bromley

4324 Tin Top Rd

731 W Walnut St

The Residence at Legacy Park
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Hico, TX Local Guide

How much does it cost to rent an apartment in Hico?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hico Studio Apartments | $1,060 | $795 | $1,325 |
| Hico 1 Bedroom Apartments | $1,122 | $607 | $1,900 |
| Hico 2 Bedroom Apartments | $1,458 | $707 | $3,995 |
| Hico 3 Bedroom Apartments | $2,590 | $1,295 | $3,995 |
| Hico 4 Bedroom Apartments | $1,863 | $775 | $2,444 |
Browse Top Apartments in Hico
See all Apartments in HicoExplore Hico
Hico, TX Local Guide
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Cheapest Available Hico Apartments for Rent and Nearby
 The cheapest available apartment rental in Hico, TX is a 1 Bed unit found at The Patrick priced from $607. The Parker II has the second lowest priced unit, which is a 1 Bed apartment currently listed from $708. Here is today’s list of the most affordable Hico apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Patrick | A1 | 1BR,1BA | $607 |
| The Parker II | A1 | 1BR,1BA | $708 |
| The Lillian Crossroads | Sterling A1 | 1BR,1BA | $730 |
| The Parker | A1 | 1BR,1BA | $733 |
| Hometown Apartments | Upstairs 1/1 | 1BR,1BA | $775 |
| Hunter's Cove Townhomes | 1 BEDROOM | 1BR,1BA | $795 |
| Oak Tree East Apartments | Studio | 1BR,1BA | $795 |
| Comanche Townhomes | Single Story 1 Bedroom | 1BR,1BA | $825 |
| Gatesville Trails | B2-50% | 2BR,2BA | $832 |
| Creekside Townhomes | Aspen | 1BR,1BA | $866 |
Best Value Apartments for Rent in Hico, TX and Nearby
As of April 19, 2026 the best value apartment in the Hico area is the $0.36 price per square foot 4Bed 4.5Bath Model at Tarleton Walk in the starting from $850. The second greatest value Hico apartment is the Three Bedroom, Three Bath Model at 701 S. Lillian Street, Stephenville, Texas starting at $700 with a $0.51 price per square foot . Here is today’s list of the best values for Hico apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tarleton Walk | 4Bed 4.5Bath | 4BR,4.5BA | $0.36 |
| 701 S. Lillian Street, Stephenville, Texas | Three Bedroom, Three Bath | 3BR,3BA | $0.51 |
| Pearl Street Townhomes | 2 Bedrooms/1.5 Bath | 2BR,1.5BA | $0.97 |
| Linda Lane Apartments | 2 Bed / 1 Bath | 2BR,1BA | $1.02 |
| 834 River View Drive - Park View Townhomes | 2 Bed / 1 Bath | 2BR,2BA | $1.24 |
| Lakeshore Apartments | Waterfront 1 Bedroom | 1BR,1BA | $1.24 |
| Hunter's Cove Townhomes | 1 BEDROOM | 1BR,1BA | $1.22 |
| The Patrick | A1 | 1BR,1BA | $0.97 |
| The Parker | A1 | 1BR,1BA | $1.17 |
| The Parker II | A1 | 1BR,1BA | $1.21 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 Hico, TX Rentals by Map
See the most popular apartments and homes in Hico, TX
Frequently Asked Questions about Cheap Hico Apartments
How much is rent for a Cheap One Bedroom Hico Apartment?
The lowest price for a Cheap One Bedroom Hico Apartment is $607 at The Patrick.
What is the lowest price for a Cheap Two Bedroom Hico Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hico is starting from $707 at The Patrick.
What is the most affordable Hico Three Bedroom Apartment?
The best deal on a cheap Hico Three Bedroom Apartment rental is at The Parker and starts from $1,028.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.