Cheap Apartments for Rent in the Downtown Houston Neighborhood of Houston, TX from $700 (62 Rentals)

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

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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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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The Ultimate Guide to Houston Apartment Living: Neighborhoods, Culture, and Community

Find your perfect Houston apartment or home with this guide to the city and its top suburbs to rent. We cover everything from downtown living to the best family-friendly communities like The Woodlands and New Caney.

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Midtown on the Rail
Studio to 2 Bedroom Apartments

Midtown on the Rail

2310 Main StHouston, TX 77002
Corporate Housing
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Forth at Navigation
Studio to 3 Bedroom Apartments

Forth at Navigation

2404 Navigation BlvdHouston, TX 77003
Corporate Housing
property at 917 Main St

$1,399 - $2,800

1 To 2 Bedroom Rentals

Available Now

917 Main St

HoustonTX77002
property at 2016 Main St

$1,250 - $3,200

Studio To 3 Bedroom Rentals

Available Now

2016 Main St

HoustonTX77002
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Standard on the River
Studio to 2 Bedroom Apartments

Standard on the River

91 Jensen DrHouston, TX 77020
Affordability

Top Neighborhoods Near Houston Major Employers

Learn about the best places to live near major employers in Houston with original content written by our Local Expert Lori Rosario

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property at 500 Crawford St

$1,450 - $2,125

1 To 2 Bedroom Rentals

Available Now

500 Crawford St

HoustonTX77002
property at 2425 Bell St

$1,523 - $2,639

1 To 2 Bedroom Rentals

Available Now

2425 Bell St

HoustonTX77003
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East End Lofts
Studio to 3 Bedroom Apartments

East End Lofts

2115 Runnels StHouston, TX 77003
Corporate Housing

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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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 Houston House priced from $769. Warehouse District has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Downtown Houston apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Houston HouseThe Leeland AFFStudio,1BA$769
Warehouse DistrictAbstractionist (S)1BR,1BA$999
CircuitA1A1BR,1BA$999
The RiceA2 - StudioStudio,1BA$1,025
Canal Street FlatsA11BR,1BA$1,158
Midtown on the RailS1Studio,1BA$1,229
AveCDC Elder Street Artists Lofts2 Bedroom, 1 Bathroom - 602BR,1BA$1,286
The Mill ResidencesS21BR,1BA$1,300
SoDo - Main South TowerS3Studio,1BA$1,312
The LauraS1Studio,1BA$1,336

Best Value Apartments for Rent in Downtown Houston, TX

As of January 01, 2026 the best value apartment in the Downtown Houston area is the $1.16 price per square foot 2 Bedroom, 1 Bathroom - 60 Model at AveCDC Elder Street Artists Lofts in the in the Downtown Houston neighborhood starting from $1,286. The second greatest value Downtown Houston apartment is the A5 Model at The Hamilton starting at $1,425 with a $1.82 price per square foot in the Third Ward 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.
AveCDC Elder Street Artists Lofts2 Bedroom, 1 Bathroom - 602BR,1BA$1.16
The HamiltonA51BR,1BA$1.82
Houston HouseThe Milam AFF2BR,1BA$1.72
Sabine Street LoftsA1 - Affordable 11BR,1BA$1.99
500 Crawford ApartmentsA11BR,1BA$2.04
Warehouse DistrictModernist1BR,1BA$2.08
Canal Street FlatsA11BR,1BA$1.66
Midtown on the RailS1Studio ,1BA$1.85
Block 334 ApartmentsA11BR,1BA$2.08
CircuitA1A1BR,1BA$1.65

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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The 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.

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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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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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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 #37

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 the Cheapest Studio apartment in Downtown Houston?

Currently the most affordable Cheap Studio Apartment in Downtown Houston is at Houston House listed at $769.

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

The lowest price for a Cheap One Bedroom Downtown Houston Apartment is $896 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 $1,286 at AveCDC Elder Street Artists Lofts.

What is the most affordable Downtown Houston Three Bedroom Apartment?

The best deal on a cheap Downtown Houston Three Bedroom Apartment rental is at Canal Street Flats and starts from $1,828.

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

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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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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.

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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.

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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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!