Cheap Apartments for Rent in the Deepwater Neighborhood of Houston, TX from $500 (52 Rentals)

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

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.

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Where to Stay in Houston: The 5 Best Neighborhoods for Short-Term Lease Options

Discover Houston's top areas for Short-Term Lease apartments. We review 5 neighborhoods with the most short-term rental apartments and houses, ideal for students, families, and business travel.

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Oak Pointe
1 to 2 Bedroom Apartments

Oak Pointe

1111 Burke RdPasadena, TX 77506
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Greentree Apartments
1 to 2 Bedroom Apartments

Greentree Apartments

502 E Sam Houston PkyPasadena, TX 77503
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Twin Oaks
1 to 4 Bedroom Apartments

Twin Oaks

3222 Pasadena BlvdPasadena, TX 77503
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Britany Village
1 to 3 Bedroom Apartments

Britany Village

2008 Jenkins RdPasadena, TX 77506

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.

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Village at Deer Park
1 to 2 Bedroom Apartments

Village at Deer Park

1233-1238 Dutch StDeer Park, TX 77536
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The Addison
1 to 3 Bedroom Apartments

The Addison

2001 Burke RdPasadena, TX 77502
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jackson Garden
1 to 2 Bedroom Apartments

jackson Garden

1010 Jackson AvePasadena, TX 77506
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Pecan Place Apartments
1 to 3 Bedroom Apartments

Pecan Place Apartments

2001 Jenkins RdPasadena, TX 77506
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Alpine Village
1 to 2 Bedroom Apartments

Alpine Village

2402 Burke RdPasadena, TX 77502
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Quarters on Red Bluff
1 to 3 Bedroom Apartments

Quarters on Red Bluff

2300 Red Bluff RdPasadena, TX 77506
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Jasmine Park
1 to 4 Bedroom Apartments

Jasmine Park

2701 Pasadena BlvdPasadena, TX 77502
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Town Plaza
1 to 2 Bedroom Apartments

Town Plaza

225 E X AveDeer Park, TX 77536
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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.

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Eden Rock
1 to 3 Bedroom Apartments

Eden Rock

1911 E SouthmorePasadena, TX 77502
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Fieldstone Apartments
1 to 2 Bedroom Apartments

Fieldstone Apartments

3201 Red Bluff RdPasadena, TX 77503
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Sycamore Gardens
2 Bedroom Apartments

Sycamore Gardens

4802 Sycamore AvePasadena, TX 77503

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.

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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 $696. Arbors at Town Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Deepwater apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Cherrybrook PlaceA1A1BR,1BA$696
Arbors at Town SquareThe Ash1BR,1BA$725
Britany Village1x11BR,1BA$760
Southmore Park ApartmentsA31BR,1BA$790
The Addison1x1-TH1BR,1BA$799
Copper RidgeA1A1BR,1BA$799
Cinnamon RidgeOne Bed / One Bath1BR,1BA$799
La Paloma Village ApartmentsCardenal2BR,1BA$815
Linda Vista Apartments1 Bedroom, 1 Bathroom1BR,1BA$850
Sycamore PalmsUnit A - Unfurnished1BR,1BA$850

Best Value Apartments for Rent in Deepwater, TX

As of July 11, 2026 the best value apartment in the Deepwater area is the $1.35 price per square foot B1 Model at Avalon Village Townhomes in the in the Deepwater neighborhood starting from $1,524. The second greatest value Deepwater apartment is the B1B Model at Cherrybrook Place starting at $945 with a $1.07 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.
Avalon Village TownhomesB13BR,2BA$1.35
Cherrybrook PlaceB1B2BR,1BA$1.07
Town Square ApartmentsC2BR,1BA$1.28
La Paloma Village ApartmentsCardenal2BR,1BA$0.96
Copper RidgeA1A1BR,1BA$1.14
The Addison1x1-TH1BR,1BA$1.14
Palm Bluff ApartmentsLarge One Bedroom1BR,1BA$1.36
Linda Vista Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.30
Britany Village1x11BR,1BA$1.23
Arbors at Town SquareThe Ash1BR,1BA$1.35

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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Real 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.

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Best Local Schools in
Deepwater, Houston, TX

School data provided by Great Schools

Frequently Asked Questions about Cheap Deepwater Apartments

What is the price of a cheap apartment in Deepwater?

The cheapest apartment in Deepwater is Cherrybrook Place which is listed at $696, while the average apartment in Deepwater costs $3,100.

What types of apartments are the cheapest in Deepwater?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in Deepwater that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Deepwater?

Cheap apartments in Deepwater have an average cost of $117 which is $2,983 cheaper than the average rent for all rentals in Deepwater.

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.

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The 10 Best Affordable Neighborhoods in Houston, TX

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.