Cheap Apartments for Rent in the Deepwater Neighborhood of Houston, TX from $500 (36 Rentals)

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

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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Sycamore Flats
Studio to 1 Bedroom Apartments

Sycamore Flats

4831 Sycamore AvePasadena, TX 77503
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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
  • Utilities Included

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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Twin Oaks
1 to 4 Bedroom Apartments

Twin Oaks

3222 Pasadena BlvdPasadena, TX 77503
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STVP Ann St Apartments
1 to 2 Bedroom Apartments

STVP Ann St Apartments

1102 AnnPasadena, TX 77506
  • Utilities Included
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Britany Village
1 to 3 Bedroom Apartments

Britany Village

2008 Jenkins RdPasadena, TX 77506
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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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jackson Garden
1 to 2 Bedroom Apartments

jackson Garden

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

Pecan Place Apartments

2001 Jenkins RdPasadena, TX 77506
  • Utilities Included

The Ultimate Guide to Houston Apartment Living: Neighborhoods, Culture, and Community

Find your perfect Houston apartment or home with this guide to the city and its top suburbs to rent. We cover everything from downtown living to the best family-friendly communities like The Woodlands and New Caney.

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Alpine Village
1 to 2 Bedroom Apartments

Alpine Village

2402 Burke RdPasadena, 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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The Addison
1 to 3 Bedroom Apartments

The Addison

2001 Burke RdPasadena, TX 77502
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Eden Rock
1 to 3 Bedroom Apartments

Eden Rock

1911 E SouthmorePasadena, TX 77502
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Top Neighborhoods Near Houston Major Employers

Learn about the best places to live near major employers in Houston with original content written by our Local Expert Lori Rosario

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 Twin Oaks priced from $710. Cherrybrook Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Deepwater apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Twin Oaks1X11BR,1BA$710
Cherrybrook PlaceA1A1BR,1BA$750
Britany Village1x11BR,1BA$760
Arbors at Town SquareThe Ash1BR,1BA$799
The Park at Winslow1 Bedroom / 1 Bathroom Silver1BR,1BA$825
Cinnamon RidgeOne Bed / One Bath1BR,1BA$839
Linda Vista Apartments1 Bedroom, 1 Bathroom1BR,1BA$850
The Addison1x1-TH1BR,1BA$860
Welcome to The Palms1 Bedroom 1 Bath Apartment with 603 Square Feet...1BR,1BA$864
Eden Rock1X11BR,1BA$884

Best Value Apartments for Rent in Deepwater, TX

As of January 08, 2026 the best value apartment in the Deepwater area is the $1.32 price per square foot Two Bedroom B Model at The Portofino 55+ Apartments in the in the Deepwater neighborhood starting from $1,306. 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 Strawberry Glen 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.
The Portofino 55+ ApartmentsTwo Bedroom B2BR,2BA$1.32
Cherrybrook PlaceB2C2BR,2BA$1.09
Vista Azul Apartments2 Bed 1.5 Bath Lux Reno2BR,1.5BA$1.10
Eden Rock2X12BR,1BA$1.32
Twin Oaks1X11BR,1BA$0.96
Deer Park GardensB-11BR,1BA$1.29
The Addison1x1-TH1BR,1BA$1.23
Linda Vista Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.30
Palm Bluff ApartmentsSmall One Bedroom1BR,1BA$1.39
Britany Village1x11BR,1BA$1.23

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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The 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.

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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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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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Frequently Asked Questions about Cheap Deepwater Apartments

What is the price of a cheap apartment in Deepwater?

The cheapest apartment in Deepwater is Twin Oaks which is listed at $710, while the average apartment in Deepwater costs $1,260.

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 5 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 $110 which is $1,150 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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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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