
Cheap Apartments for Rent in the Deepwater Neighborhood of Houston, TX from $700 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Deepwater area of Houston.


The Park at Winslow

Cinnamon Ridge

Southmore Park Apartments

Copper Ridge

La Paloma Village Apartments

1102 Ann, Unit Apt 4

Cherrybrook Place
Where to Live in the Greater Houston Area: A Local Expert's Guide to Suburbs Around H-Town
Get a true local's take on Houston's best surrounding cities for apartment living. Find out why Humble, Kingwood, Baytown, and The Woodlands are worth the consideration for your new place.

Deer Park Gardens

Linda Vista Apartments

Total Monthly Price
Sycamore Palms

Avery at Deer Park

The Life at Park View

4820 Oak Ave, Unit 10

4820 Oak Ave, Unit 9

4820 Oak Ave, Unit 8
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Falls of Deer Park Apartments

Vista Azul Apartments

3320 Hays St

Residence at Deer Park Apartments

Dakota at Deer Park

7418 Oscar Dr, Unit 2

The Boulevard at Deer Park

The Portofino 55+ Apartments
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1602 Jana Ln

Avalon Village Townhomes

1312 Bennett Dr

Greentree Apartments

San Augustine Apartments & Townhomes

Palm Bluff Apartments

Fieldstone Apartments

1145 Lyric Ln
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.

4210 Wyatt St
Deepwater, Houston, TX Local Guide

How much does it cost to rent an apartment in Deepwater?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Deepwater Studio Apartments | $1,242 | $1,230 | $1,260 |
| Deepwater 1 Bedroom Apartments | $1,059 | $725 | $1,600 |
| Deepwater 2 Bedroom Apartments | $1,210 | $815 | $2,120 |
| Deepwater 3 Bedroom Apartments | $1,595 | $1,223 | $2,520 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Deepwater Neighborhood of Houston, TX.
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Deepwater, Houston, TX Local Guide
- Nearby Houston neighborhoods
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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 Arbors at Town Square priced from $725. Cinnamon Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $759. Here are the most affordable Deepwater apartments for rent in Houston, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arbors at Town Square | The Ash | 1BR,1BA | $725 |
| Cinnamon Ridge | One Bed / One Bath | 1BR,1BA | $759 |
| Southmore Park Apartments | A1 1 Bed/ 1 Bath | 1BR,1BA | $790 |
| Copper Ridge | A1A | 1BR,1BA | $799 |
| The Park at Winslow | 1 Bedroom / 1 Bathroom Silver | 1BR,1BA | $825 |
| Cherrybrook Place | A1A | 1BR,1BA | $830 |
| Linda Vista Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $850 |
| Sycamore Palms | Unit A - Unfurnished | 1BR,1BA | $850 |
| The Life at Park View | A1 - Juniper | 1BR,1BA | $875 |
| Palm Bluff Apartments | Large One Bedroom | 1BR,1BA | $905 |
Best Value Apartments for Rent in Deepwater, TX
As of August 26, 2026 the best value apartment in the Deepwater area is the $1.41 price per square foot Two Bedroom A Model at The Portofino 55+ Apartments in the in the Deepwater neighborhood starting from $1,344. The second greatest value Deepwater apartment is the Unit B Model at Falls of Deer Park Apartments starting at $1,150 with a $1.48 price per square foot in the Deepwater neighborhood. Here is today’s list of the best values for Deepwater apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Portofino 55+ Apartments | Two Bedroom A | 2BR,1BA | $1.41 |
| Falls of Deer Park Apartments | Unit B | 1BR,1BA | $1.48 |
| Cherrybrook Place | A1A | 1BR,1BA | $1.09 |
| Copper Ridge | A1A | 1BR,1BA | $1.14 |
| Palm Bluff Apartments | Large One Bedroom | 1BR,1BA | $1.34 |
| Vista Azul Apartments | 1 Bed 1 Bath Lux Reno | 1BR,1BA | $1.38 |
| Linda Vista Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.30 |
| Fieldstone Apartments | 1 bed/ 1 bath | 1BR,1BA | $1.46 |
| Southmore Park Apartments | A1 1 Bed/ 1 Bath | 1BR,1BA | $1.25 |
| Arbors at Town Square | The Ash | 1BR,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.
Read ArticleLocal 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
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.
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 Arbors at Town Square which is listed at $725, while the average apartment in Deepwater costs $1,125.
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 32 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 $237 which is $888 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.
Helpful Local Expert Guides

Where to Live in the Greater Houston Area: A Local Expert's Guide to Suburbs Around H-Town
Written by: Lori Rosario
If you work in the heart of Houston and enjoy living close to multiple restaurants, bars, museums, and other entertainment opportunities, then the bustling, busy city is the place to be.

Where to Stay in Houston: The 5 Best Neighborhoods for Short-Term Lease Options
Written by: Lori Rosario
One of the things I love about Houston is that, no matter what you need, want, or are looking for, you can find it here. There are great career and educational opportunities.

The Ultimate Guide to Houston Apartment Living: Neighborhoods, Culture, and Community
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Houston, the fourth most-populous city in the United States and the most populous in the south, just can't seem to stop growing and expanding. People from all over the U.S.

Your Houston Neighborhood Guide: Find the Perfect Home Near Your Job
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To say Houston is a bustling metropolitan area seems like an understatement. Everyone you turn, something is being built, be it gas stations, stores, office buildings, medical facilities, housing, or apartment complexes.
Articles, How-To's, and Tips

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.