Cheap Apartments for Rent in the Downtown Houston Neighborhood of Houston, TX from $500 (52 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Houston House
Rent Specials
$859 - $2,982
Total Monthly Price

Total Monthly Price

Base Rent
$859 - $2,982
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Houston House

1617 Fannin StHouston, TX 77002
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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

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.

Read Article
close
View Me
Broadstone EADO
Rent Specials
$1,344 - $2,806
Total Monthly Price

Total Monthly Price

Base Rent
$1,344 - $2,806
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Broadstone EADO

2425 Bell StHouston, TX 77003
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Rice
Rent Specials
$1,390 - $3,127
Total Monthly Price

Total Monthly Price

Base Rent
$1,390 - $3,127
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Rice

909 Texas AveHouston, TX 77002
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Midtown on the Rail
Rent Specials
$1,393 - $3,542
Total Monthly Price

Total Monthly Price

Base Rent
$1,393 - $3,542
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Midtown on the Rail

2310 Main StHouston, TX 77002
Corporate Housing
  • Verified
  • Customer Reviewed
  • Low Income
close
View Me
Eighteen25 Downtown
Rent Specials
$1,411 - $3,101
Total Monthly Price

Total Monthly Price

Base Rent
$1,411 - $3,101
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Eighteen25 Downtown

1825 San Jacinto StHouston, TX 77002
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
1414 Texas Downtown
Rent Specials
$1,483 - $3,153
Total Monthly Price

Total Monthly Price

Base Rent
$1,483 - $3,153
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

1414 Texas Downtown

1414 Texas AveHouston, TX 77002
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
Elev8 Downtown
Rent Specials
$1,698 - $6,551
Total Monthly Price

Total Monthly Price

Base Rent
$1,698 - $6,551
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Elev8 Downtown

1801 Smith StHouston, TX 77002
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
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, Unit 1217

2016 Main St
HoustonTX77002
property at 2016 Main St

$1,295 - $5,900

Studio To 3 Bedroom Rentals

Available Now

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.

Read Article
property at 915 Franklin St

$1,400 - $2,000

1 To 2 Bedroom Rentals

Available Now

915 Franklin St

HoustonTX77002
property at 705 Main St

$1,225 - $1,975

Studio To 1 Bedroom Rentals

Available Now

705 Main St

HoustonTX77002
close
View Me
East End Lofts
Studio to 3 Bedroom Apartments

East End Lofts

2115 Runnels StHouston, TX 77003
Corporate Housing
close
View Me
Tennison Lofts
Studio to 2 Bedroom Apartments

Tennison Lofts

110 Bagby StHouston, TX 77002
  • Utilities Included
close
View Me
Forth at Navigation
Studio to 3 Bedroom Apartments

Forth at Navigation

2404 Navigation BlvdHouston, TX 77003
Corporate Housing
close
View Me
Camden Downtown
Studio to 2 Bedroom Apartments

Camden Downtown

1515 AustinHouston, TX 77002

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.

Read Article
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 1 Bed unit found at Warehouse District priced from $999. Houston House has the second lowest priced unit, which is a Studio apartment currently listed from $1,024. Here are the most affordable Downtown Houston apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Warehouse DistrictMinimalist (S)1BR,1BA$999
Houston HouseThe LeelandStudio,1BA$1,024
Canal Street FlatsA11BR,1BA$1,136
SoDo - Main South TowerA11BR,1BA$1,206
The Mill ResidencesS51BR,1BA$1,225
Block 334 ApartmentsA11BR,1BA$1,284
1711 CarolineA51BR,1BA$1,299
Broadstone EADOS11BR,1BA$1,344
The HamiltonA41BR,1BA$1,371
The RiceA2 - StudioStudio,1BA$1,386

Best Value Apartments for Rent in Downtown Houston, TX

As of May 18, 2026 the best value apartment in the Downtown Houston area is the $1.78 price per square foot A4 Model at The Hamilton in the in the Third Ward neighborhood starting from $1,371. The second greatest value Downtown Houston apartment is the A2/A7 Model at 500 Crawford Apartments starting at $1,675 with a $2.18 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.
The HamiltonA41BR,1BA$1.78
500 Crawford ApartmentsA2/A71BR,1BA$2.18
Sabine Street LoftsA1 - Affordable 11BR,1BA$2.25
East End LoftsA06 TH1BR,1BA$2.23
Canal Street FlatsA11BR,1BA$1.63
Midtown on the RailA11BR,1BA$2.09
Block 334 ApartmentsA91BR,1BA$2.12
SoDo - Main South TowerS1Studio ,1BA$2.28
Warehouse DistrictAbstractionist (S)1BR,1BA$1.86
Houston HouseThe LeelandStudio ,1BA$2.08

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.

Read Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Houston, Houston, TX

Ranked #46

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $1,386.

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 $6,049.

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 21 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 $313 which is $5,736 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.

Helpful Local Expert Guides

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Houston article

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.

decorative image for Your Houston Neighborhood Guide: Find the Perfect Home Near Your Job article

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.

decorative image for The Ultimate Guide to Houston Apartment Living: Neighborhoods, Culture, and Community article

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.