
Cheap Apartments for Rent in Hico, TX from $300 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Hico.


Total Monthly Price
The Patrick

Total Monthly Price
The Lillian Crossroads

Total Monthly Price
The Parker II

Total Monthly Price
The Parker

Oak Tree East Apartments

Hunter's Cove Townhomes

Comanche 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.

Apex Townhomes

Creekside Townhomes

Bosque River Apartments

The Alps

Dolce Vita Lakeside

Live Oak

Cleburne Plaza

Lakeshore Apartments
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.

The Summit

Paluxy Townhomes

Lakeside RGLLC

Courtyard Apartments and Mini Storage

Cleburne Terrace

834 River View Drive - Park View Townhomes

Lake Villas Apartments

Chisholm Trace
Cash 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.

Wildcat Vista

Gatesville Trails

Pullman Park Apartments

525 W Collins

701 S Lillian

561 S 2nd Ave

402 Garrett Ct

422 S Lillian
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.

Trinity Apartments

1711 Groesbeck St

Linda Lane Apartments

Town Creek Village

Derek Ville

Riverwalk Townhomes

4324 Tin Top Rd

731 W Walnut St
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.

Pearl Street Townhomes

The Bromley

1021 W Shirley St

229 N 2nd St
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 | $1,955 |
| Hico 2 Bedroom Apartments | $1,463 | $707 | $3,850 |
| Hico 3 Bedroom Apartments | $2,466 | $925 | $3,850 |
| Hico 4 Bedroom Apartments | $1,534 | $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 Lillian Crossroads has the second lowest priced unit, which is a 1 Bed apartment currently listed from $634. 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 Lillian Crossroads | Sophie A1 | 1BR,1BA | $634 |
| The Parker II | A1 | 1BR,1BA | $708 |
| The Parker | A1 | 1BR,1BA | $733 |
| Oak Tree East Apartments | Studio | 1BR,1BA | $795 |
| Hunter's Cove Townhomes | 1 BEDROOM | 1BR,1BA | $795 |
| Comanche Townhomes | Single Story 1 Bedroom | 1BR,1BA | $825 |
| Trinity Apartments | 1/1 500 SF ($500 Concession) | 1BR,1BA | $850 |
| Hometown Apartments | Upstairs 2/1 | 2BR,1BA | $875 |
| Apex Townhomes | Peak-TH | 1BR,1BA | $895 |
Best Value Apartments for Rent in Hico, TX and Nearby
As of June 04, 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 |
| Town Creek Village | 2/1 1000 SF | 2BR,1BA | $1.19 |
| Bosque River Apartments | 2B/2B | 2BR,2BA | $0.99 |
| Lakeshore Apartments | Waterfront 1 Bedroom | 1BR,1BA | $1.21 |
| Hometown Apartments | Upstairs 2/1 | 2BR,1BA | $1.17 |
| Hunter's Cove Townhomes | 1 BEDROOM | 1BR,1BA | $1.22 |
| The Patrick | A1 | 1BR,1BA | $0.96 |
| The Parker | A1 | 1BR,1BA | $1.17 |
| The Parker II | A1 | 1BR,1BA | $1.21 |
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!
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 $1,128.
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

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.

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.