Cheap Apartments for Rent in the Downtown Houston Neighborhood of Houston, TX from $700 (86 Rentals)

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

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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property at 2111 Austin St

2111 Austin St

HoustonTX77002

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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property at 1966 Travis St

1966 Travis St

HoustonTX77002
property at 2598 Main St

2598 Main St

HoustonTX77002

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 2425 Bell St

2425 Bell St

HoustonTX77003
property at 300 Ruthven St

300 Ruthven St

HoustonTX77002

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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property at 917 Main St

917 Main St

HoustonTX77002
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Downtown Houston, Houston, TX Local Guide

Cheapest Available Downtown Houston Apartments for Rent

 

The cheapest available apartment rental in the Downtown Houston area of Houston, TX is a Studio unit found at AveCDC Elder Street Artists Lofts priced from $1,010. Circuit has the second lowest priced unit, which is a Studio apartment currently listed from $1,066. Here are the most affordable Downtown Houston apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
AveCDC Elder Street Artists Lofts0 Bedroom, 1 Bathroom - 60Studio,1BA$1,010
CircuitE1AStudio,1BA$1,066
Warehouse District IAbstractionist - A0(s)1BR,1BA$1,213
The RiceS1AStudio,1BA$1,235
The LauraS1Studio,1BA$1,240
Houston HouseThe Clay1BR,1BA$1,262
Midtown on the RailA11BR,1BA$1,339
Eighteen25 DowntownE1Studio,1BA$1,382
Standard on the RiverE3Studio,1BA$1,394
Broadstone EADOS11BR,1BA$1,395

Best Value Apartments for Rent in Downtown Houston, TX

As of August 12, 2025 the best value apartment in the Downtown Houston area is the $2.34 price per square foot A5 - Affordable 3 Model at Sabine Street Lofts in the in the Downtown Houston neighborhood starting from $2,048. The second greatest value Downtown Houston apartment is the 1 Bedroom, 1 Bathroom - MKT Model at AveCDC Elder Street Artists Lofts starting at $1,398 with a $1.65 price per square foot in the Downtown Houston neighborhood. Here is today’s list of the best values for Downtown Houston apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sabine Street LoftsA5 - Affordable 31BR,1BA$2.34
AveCDC Elder Street Artists Lofts1 Bedroom, 1 Bathroom - MKT1BR,1BA$1.65
2111 Austin ApartmentsB1BR,1BA$2.40
The HamiltonA21BR,1BA$2.07
500 Crawford ApartmentsA11BR,1BA$2.21
East End LoftsA05 TH1BR,1BA$2.28
Block 334 ApartmentsA91BR,1BA$2.32
Midtown on the RailA31BR,1BA$1.99
CircuitA1A1BR,1BA$2.03
Houston HouseThe Austin1BR,1BA$2.21

Quick 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.

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Pet Friendly Lifestyle
Downtown Houston, Houston, TX

Ranked #43

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Downtown Houston, Houston, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, areas, and rental properties across Texas, including Houston. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Houston Apartments

What is the Cheapest Studio apartment in Downtown Houston?

Currently the most affordable Cheap Studio Apartment in Downtown Houston is at AveCDC Elder Street Artists Lofts listed at $1,010.

How much is rent for a Cheap One Bedroom Downtown Houston Apartment?

The lowest price for a Cheap One Bedroom Downtown Houston Apartment is $1,213 at Warehouse District I.

What is the lowest price for a Cheap Two Bedroom Downtown Houston Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Houston is starting from $1,820 at Midtown on the Rail.

What is the most affordable Downtown Houston Three Bedroom Apartment?

The best deal on a cheap Downtown Houston Three Bedroom Apartment rental is at SoDo - Houston North Tower and starts from $2,260.

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.

decorative image for The 10 Best Affordable Neighborhoods in Houston, TX article

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.