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

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 1966 Travis St

1966 Travis St

HoustonTX77002
property at 2550 Main St

2550 Main St

HoustonTX77002
property at 2016 Main St

2016 Main St

HoustonTX77002
property at 2716 Commerce St

2716 Commerce St

HoustonTX77003
property at 2425 Bell St

2425 Bell St

HoustonTX77003

Houston's Best Affordable Neighborhoods

Learn about Houston and the best places to live with original content written by our Houston Local Expert Lori Rosario

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property at 300 Ruthven St

300 Ruthven St

HoustonTX77002
Showing Results 1-50, Page 1 of 2

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 $1,016. Houston House has the second lowest priced unit, which is a Studio apartment currently listed from $1,043. 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$1,016
Houston HouseThe LeelandStudio,1BA$1,043
SoDo - Houston North TowerS3Studio,1BA$1,111
SoDo - Main South TowerS2Studio,1BA$1,126
The LauraS1Studio,1BA$1,158
Warehouse District IMinimalist - A31BR,1BA$1,213
CircuitA1A1BR,1BA$1,230
Standard on the RiverE2Studio,1BA$1,299
The RiceS1AStudio,1BA$1,317
Sabine Street LoftsA1 - Affordable 11BR,1BA$1,325

Best Value Apartments for Rent in Downtown Houston, TX

As of June 26, 2025 the best value apartment in the Downtown Houston area is the $1.39 price per square foot B3 Model at Canal Street Flats in the in the Downtown Houston neighborhood starting from $1,562. The second greatest value Downtown Houston apartment is the B1 Model at SoDo - Main South Tower starting at $1,820 with a $1.84 price per square foot in the Midtown 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.
Canal Street FlatsB32BR,2BA$1.39
SoDo - Main South TowerB12BR,2BA$1.84
500 Crawford ApartmentsA31BR,1BA$2.05
The HamiltonA71BR,1BA$2.05
AveCDC Elder Street Artists Lofts1 Bedroom, 1 Bathroom - MKT1BR,1BA$1.65
The StarA51BR,1BA$2.18
SoDo - Houston North TowerS3Studio ,1BA$1.62
Midtown on the RailA31BR,1BA$2.20
CircuitA1A1BR,1BA$2.03
Houston HouseThe LeelandStudio ,1BA$2.12

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 #42

Among neighborhoods in Houston, TX 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 $1,016.

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

The lowest price for a Cheap One Bedroom Downtown Houston Apartment is $1,098 at Houston House.

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 $1,501 at Houston House.

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 $2,140.

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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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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.