Cheap Apartments for Rent in the Downtown Houston Neighborhood of Houston, TX from $500 (61 Rentals)

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

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Houston House
Rent Specials
$879 - $2,702
Total Monthly Price

Total Monthly Price

Base Rent
$879 - $2,702
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Studio to 2 Bedroom Apartments Available Now

Houston House

1617 Fannin StHouston, TX 77002
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property at 413 N LIVE OAK

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

1 Bedroom, 1 Bath Townhome for Rent

Available Now

413 N LIVE OAK

HoustonTX77003
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The Rice
Rent Specials
$1,284 - $3,129
Total Monthly Price

Total Monthly Price

Base Rent
$1,284 - $3,129
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Varies
Studio to 3 Bedroom Apartments Available Now

The Rice

909 Texas AveHouston, TX 77002
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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.

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Midtown on the Rail
Rent Specials
$1,333 - $3,470
Total Monthly Price

Total Monthly Price

Base Rent
$1,333 - $3,470
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Studio to 2 Bedroom Apartments Available Now

Midtown on the Rail

2310 Main StHouston, TX 77002
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Broadstone EADO
Rent Specials
$1,344 - $2,806
Total Monthly Price

Total Monthly Price

Base Rent
$1,344 - $2,806
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1 to 2 Bedroom Apartments Available Now

Broadstone EADO

2425 Bell StHouston, TX 77003
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Eighteen25 Downtown
Rent Specials
$1,456 - $3,376
Total Monthly Price

Total Monthly Price

Base Rent
$1,456 - $3,376
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Studio to 2 Bedroom Apartments Available Now

Eighteen25 Downtown

1825 San Jacinto StHouston, TX 77002
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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.

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Elev8 Downtown
Rent Specials
$1,668 - $6,551
Total Monthly Price

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$1,668 - $6,551
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Studio to 2 Bedroom Apartments Available Now

Elev8 Downtown

1801 Smith StHouston, TX 77002
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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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1414 Texas Downtown
Rent Specials
$1,683 - $2,878
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Total Monthly Price

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$1,683 - $2,878
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Studio to 2 Bedroom Apartments Available Now

1414 Texas Downtown

1414 Texas AveHouston, TX 77002
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property at 2016 Main St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

1 Bedroom, 1 Bath Condo for Rent

Available Now

2016 Main St, Unit 1217

2016 Main St
HoustonTX77002

Cash 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.

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Parkside Residences
$2,084 - $13,979
Total Monthly Price

Total Monthly Price

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$2,084 - $13,979
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Studio to 3 Bedroom Apartments Available Now

Parkside Residences

808 Crawford StHouston, TX 77002
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property at 2016 Main St

$1,195 - $6,500

Studio To 3 Bedroom Rentals

Available Now

2016 Main St

HoustonTX77002
property at 915 Franklin St

$1,400 - $2,600

1 To 2 Bedroom Rentals

Available Now

915 Franklin St

HoustonTX77002

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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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 2 Beds unit found at 55+ Senior Living Campanile on Commerce priced from $613. Houston House has the second lowest priced unit, which is a Studio apartment currently listed from $945. Here are the most affordable Downtown Houston apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
55+ Senior Living Campanile on CommerceB2 La Morra2BR,2BA$613
Houston HouseThe Leeland AFFStudio,1BA$945
Warehouse DistrictMinimalist (S)1BR,1BA$999
SoDo - Houston North TowerS2Studio,1BA$1,205
Canal Street FlatsA11BR,1BA$1,275
1711 CarolineA51BR,1BA$1,299
The Mill ResidencesS51BR,1BA$1,299
Midtown on the RailS1Studio,1BA$1,333
Broadstone EADOS11BR,1BA$1,344
1810 Main ApartmentsS1Studio,1BA$1,378

Best Value Apartments for Rent in Downtown Houston, TX

As of July 04, 2026 the best value apartment in the Downtown Houston area is the $0.60 price per square foot B2 La Morra Model at 55+ Senior Living Campanile on Commerce in the in the Downtown Houston neighborhood starting from $613. The second greatest value Downtown Houston apartment is the A7 - Affordable 2 Model at Sabine Street Lofts starting at $2,155 with a $2.21 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.
55+ Senior Living Campanile on CommerceB2 La Morra2BR,2BA$0.60
Sabine Street LoftsA7 - Affordable 21BR,1BA$2.21
CircuitA131BR,1BA$1.80
Houston HouseThe Milam2BR,1BA$2.21
500 Crawford ApartmentsA2/A71BR,1BA$2.18
State StreetA51BR,1BA$2.21
East End LoftsA06 TH1BR,1BA$2.17
Warehouse DistrictModernist1BR,1BA$1.84
Canal Street FlatsA11BR,1BA$1.83
Midtown on the RailA11BR,1BA$2.17

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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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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Real 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.

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Pet Friendly Lifestyle
Downtown Houston, Houston, TX

Ranked #36

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

Pet Friendliness Lifestyle Score

4.0
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 a cheap apartment in Downtown Houston?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Houston is under $1,378.

What is the price of a cheap apartment in Downtown Houston?

The cheapest apartment in Downtown Houston is Warehouse District which is listed at $999, while the average apartment in Downtown Houston costs $5,711.

What types of apartments are the cheapest in Downtown Houston?

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 10 regular apartments in Downtown Houston 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 Downtown Houston?

Cheap apartments in Downtown Houston have an average cost of $271 which is $5,440 cheaper than the average rent for all rentals in Downtown Houston.

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.

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