New Apartments for Rent in Houston, TX Under $5,000 (637 Rentals)

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Houston's Best Affordable Neighborhoods

Learn about Houston and the best places to live with original content written by our Houston Local Expert Lori Rosario

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Houston, TX Local Guide

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.

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Getting Around Houston, TX

Walk Score®

53 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

31 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Houston, TX Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Teddy • 4+ years in Houston

April 3, 2025

I grew up in H-town. Its a good place to live. Plenty of stuff to do and great restaurants abound. I recommend living on the Northwest side though. Like out in the Cypress area off 290. Its a little out of town, but you have everything you need there.

Lori • 2+ years in Houston

February 25, 2025

It's a great place to raise a family, as there are plenty of activities, educational opportunities, parks, etc.

Frequently Asked Questions about New Houston Apartments

What is the Cheapest New apartment in Houston?

Currently the most affordable New Apartment in Houston is at Twelve620 listed at $417.

How much is the average rent for a New Houston Apartment?

The average rent for a New Apartment in Houston is $2,391.

What is the largest New Houston Apartment for rent?

Today's New apartment with the most square footage in Houston is a 4,159 square feet unit starting from $2,200 at Market Square Tower.

What is the average size for Houston New Apartments for rent?

The average size for a New rental in Houston is currently at 671 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The 10 Best Affordable Neighborhoods in Houston, TX

Written by: Lori Rosario

Houston is a huge city, and it’s still growing, which makes it one of the most sought after places in the country to move.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.