
Cheap Homes for Rent in Deepwater Neighborhood of Houston, TX from $1,200 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Deepwater area of Houston.


7418 Oscar Dr

7418 Oscar Dr

7418 Oscar Dr

4820 Oak Ave, Unit 10
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.

4820 Oak Ave, Unit 9

4820 Oak Ave, Unit 8

1181 Lyric Ln

7418 Oscar Dr, Unit 2

1145 Lyric Ln
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.

4211 Benard Ct
Deepwater, Houston, TX Local Guide

How much does it cost to rent a home in Deepwater?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Deepwater 2 Bedroom Homes for Rent | $1,373 | $1,200 | $1,595 |
| Deepwater 3 Bedroom Homes for Rent | $1,616 | $1,427 | $2,150 |
| Deepwater 4 Bedroom Homes for Rent | $1,695 | $1,695 | $1,695 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Deepwater Neighborhood of Houston, TX.
Explore Houston
Deepwater, Houston, TX Local Guide
- Nearby Houston neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Sycamore Palms priced from $599. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sycamore Palms | Unit A - Unfurnished | 1BR,1BA | $599 |
| Arbors at Town Square | The Ash | 1BR,1BA | $725 |
| Cherrybrook Place | A1A | 1BR,1BA | $735 |
| Britany Village | 1x1 | 1BR,1BA | $760 |
| Southmore Park Apartments | A3 | 1BR,1BA | $790 |
Best Value Apartments for Rent in Deepwater, TX
As of April 12, 2026 the best value apartment in the Deepwater area is the $1.40 price per square foot A3 Model at Avalon Village Townhomes in the in the Deepwater neighborhood starting from $1,489. The second greatest value Deepwater apartment is the Two Bedroom A Model at The Portofino 55+ Apartments starting at $1,305 with a $1.37 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. |
|---|---|---|---|
| Avalon Village Townhomes | A3 | 2BR,1.5BA | $1.40 |
| The Portofino 55+ Apartments | Two Bedroom A | 2BR,1BA | $1.37 |
| Cherrybrook Place | B1B | 2BR,1BA | $1.07 |
| Copper Ridge | B1.5C | 2BR,1.5BA | $1.21 |
| The Addison | 2x1.5 | 2BR,1.5BA | $1.43 |
| Eden Rock | 2X1 | 2BR,1BA | $1.32 |
| Vista Azul Apartments | 1 Bed 1 Bath Lux Reno | 1BR,1BA | $1.38 |
| Linda Vista Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.30 |
| Britany Village | 1x1 | 1BR,1BA | $1.23 |
| Arbors at Town Square | The Ash | 1BR,1BA | $1.35 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 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 Deepwater
What type of rentals are currently available in Deepwater?
There are currently 62 Apartments for Rent in Deepwater, TX with pricing that ranges from $599 to $2,130. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deepwater ranging from $1,200 to $2,150.
What is the current price range for Rental Homes in Deepwater?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Deepwater ranges from $1,200 to $2,150 with an average monthly rent of $1,561.
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

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.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Houston
Written by: Lori Rosario
Houston is home to insane traffic, the nation's most complex highway system, and unstable weather that will leave you wondering if the four seasons are still a thing.

Your Houston Neighborhood Guide: Find the Perfect Home Near Your Job
Written by: Lori Rosario
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.

The Ultimate Guide to Houston Apartment Living: Neighborhoods, Culture, and Community
Written by: Lori Rosario
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.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.