Cheap Apartments for Rent in the Deepwater Neighborhood of Houston, TX from $700 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Deepwater area of Houston.

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Greentree Apartments
1 to 2 Bedroom Apartments

Greentree Apartments

502 E Sam Houston PkyPasadena, TX 77503
  • Utilities Included

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Fieldstone Apartments
1 to 2 Bedroom Apartments

Fieldstone Apartments

3201 Red Bluff RdPasadena, TX 77503
  • Utilities Included

Deepwater, Houston, TX Local Guide

Cheapest Available Deepwater Apartments for Rent

 

The cheapest available apartment rental in the Deepwater area of Houston, TX is a 1 Bed unit found at Cherrybrook Place priced from $750. La Paloma Village Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $790. Here are the most affordable Deepwater apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Cherrybrook PlaceA1A1BR,1BA$750
La Paloma Village ApartmentsCardenal2BR,1BA$790
Arbors at Town SquareThe Ash1BR,1BA$799
The Park at Winslow1 Bedroom / 1 Bathroom Silver1BR,1BA$800
Linda Vista Apartments1 Bedroom, 1 Bathroom1BR,1BA$850

Best Value Apartments for Rent in Deepwater, TX

As of November 15, 2025 the best value apartment in the Deepwater area is the $1.40 price per square foot Sika Model at Residence at Deer Park Apartments in the in the Green Crest neighborhood starting from $1,369. The second greatest value Deepwater apartment is the B2C Model at Cherrybrook Place starting at $1,049 with a $1.09 price per square foot in the Downtown Pasadena neighborhood. Here is today’s list of the best values for Deepwater apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Residence at Deer Park ApartmentsSika2BR,1.5BA$1.40
Cherrybrook PlaceB2C2BR,2BA$1.09
Vista Azul Apartments2 Bed 1.5 Bath Lux Reno2BR,1.5BA$1.10
La Paloma Village ApartmentsCardenal2BR,1BA$0.93
The Portofino 55+ ApartmentsOne Bedroom1BR,1BA$1.45
Deer Park GardensB-11BR,1BA$1.29
Linda Vista Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.30
Fieldstone Apartments1 bed/ 1 bath1BR,1BA$1.46
Palm Bluff ApartmentsSmall One Bedroom1BR,1BA$1.39
Arbors at Town SquareThe Ash1BR,1BA$1.48

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.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Houston

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Houston, TX metro area for affordable living. Find your perfect H-Town Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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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Pet Friendly Lifestyle
Deepwater, Houston, TX

Ranked #231

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Deepwater Apartments

What is the Cheapest Studio apartment in Deepwater?

Currently the most affordable Cheap Studio Apartment in Deepwater is at Parkside Place Apartments listed at $875.

How much is rent for a Cheap One Bedroom Deepwater Apartment?

The lowest price for a Cheap One Bedroom Deepwater Apartment is $750 at Cherrybrook Place.

What is the lowest price for a Cheap Two Bedroom Deepwater Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Deepwater is starting from $790 at La Paloma Village Apartments.

What is the most affordable Deepwater Three Bedroom Apartment?

The best deal on a cheap Deepwater Three Bedroom Apartment rental is at Vista Azul Apartments and starts from $1,200.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.