Cheap Apartments for Rent in the Deepwater Neighborhood of Houston, TX from $700 (21 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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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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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

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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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 Vista Azul Apartments priced from $725. 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
Vista Azul Apartments1 Bed 1 Bath Lux Reno1BR,1BA$725
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

Best Value Apartments for Rent in Deepwater, TX

As of November 23, 2025 the best value apartment in the Deepwater area is the $1.55 price per square foot B1 Model at Avalon Village Townhomes in the in the Deepwater neighborhood starting from $1,750. The second greatest value Deepwater apartment is the Two Bedroom B Model at The Portofino 55+ Apartments starting at $1,306 with a $1.32 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Avalon Village TownhomesB13BR,2BA$1.55
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
La Paloma Village ApartmentsCardenal2BR,1BA$0.93
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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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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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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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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Best Local Schools in
Deepwater, Houston, TX

School data provided by Great Schools

Frequently Asked Questions about Cheap Deepwater Apartments

What is a cheap apartment in Deepwater?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Deepwater is under $905.

What is the price of a cheap apartment in Deepwater?

The cheapest apartment in Deepwater is Vista Azul Apartments which is listed at $725, 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 28 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 $181 which is $1,079 cheaper than the average rent for all rentals in Deepwater.

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.