Cheap Apartments for Rent in the Downtown Houston Neighborhood of Houston, TX from $500 (65 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
$972 - $2,702
Total Monthly Price

Total Monthly Price

Base Rent
$972 - $2,702
Total Monthly Price
Varies
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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Broadstone EADO
Rent Specials
$1,244 - $2,644
Total Monthly Price

Total Monthly Price

Base Rent
$1,244 - $2,644
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Broadstone EADO

2425 Bell StHouston, TX 77003
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Where to Live in the Greater Houston Area: A Local Expert's Guide to Suburbs Around H-Town

Get a true local's take on Houston's best surrounding cities for apartment living. Find out why Humble, Kingwood, Baytown, and The Woodlands are worth the consideration for your new place.

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The Rice
Rent Specials
$1,293 - $3,007
Total Monthly Price

Total Monthly Price

Base Rent
$1,293 - $3,007
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Studio to 3 Bedroom Apartments Available Now

The Rice

909 Texas AveHouston, TX 77002
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Midtown on the Rail
$1,413 - $2,718
Total Monthly Price

Total Monthly Price

Base Rent
$1,413 - $2,718
Total Monthly Price
$1,413 - $2,718
Studio to 2 Bedroom Apartments Available Now

Midtown on the Rail

2310 Main StHouston, TX 77002
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Eighteen25 Downtown
Rent Specials
$1,503 - $3,376
Total Monthly Price

Total Monthly Price

Base Rent
$1,503 - $3,376
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Eighteen25 Downtown

1825 San Jacinto StHouston, TX 77002
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Elev8 Downtown
Rent Specials
$1,540 - $6,403
Total Monthly Price

Total Monthly Price

Base Rent
$1,540 - $6,403
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Varies
Studio to 2 Bedroom Apartments Available Now

Elev8 Downtown

1801 Smith StHouston, TX 77002
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1414 Texas Downtown
Rent Specials
$1,543 - $3,003
Total Monthly Price

Total Monthly Price

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$1,543 - $3,003
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

1414 Texas Downtown

1414 Texas AveHouston, TX 77002
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Sabine Street Lofts
Rent Specials
$1,589 - $2,636
Total Monthly Price

Total Monthly Price

Base Rent
$1,589 - $2,636
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Sabine Street Lofts

150 Sabine StHouston, TX 77007
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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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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

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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Aris Market Square
Rent Specials
$1,857 - $5,497
Total Monthly Price

Total Monthly Price

Base Rent
$1,857 - $5,497
Total Monthly Price
$1,857 - $5,497
Studio to 3 Bedroom Apartments Available Now

Aris Market Square

409 Travis StHouston, TX 77002
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property at 2502 Saltus St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

2502 Saltus St, Unit 3

2502 Saltus St
HoustonTX77003
property at 2016 Main St

$1,195 - $5,800

Studio To 3 Bedroom Rentals

Available Now

2016 Main St

HoustonTX77002

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 Austin St (1414) priced from $750. 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
Austin St (1414)Austin St (1414) - 1414...Studio,1BA$750
Warehouse DistrictMinimalist (S)1BR,1BA$999
Houston HouseThe Leeland AFFStudio,1BA$1,062
AveCDC Elder Street Artists Lofts1 Bedroom, 1 Bathroom - 601BR,1BA$1,110
55+ Senior Living Campanile on CommerceA2 Verona1BR,1BA$1,125
Canal Street FlatsA11BR,1BA$1,171
CircuitA2A1BR,1BA$1,235
Broadstone EADOS11BR,1BA$1,244
1810 Main ApartmentsS1Studio,1BA$1,344
The Mill ResidencesS31BR,1BA$1,399

Best Value Apartments for Rent in Downtown Houston, TX

As of August 18, 2026 the best value apartment in the Downtown Houston area is the $2.05 price per square foot 1 Beds, 1 Baths Model at Travis Lofts in the in the Midtown Houston neighborhood starting from $2,360. 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.
Travis Lofts1 Beds, 1 Baths1BR,1BA$2.05
Sabine Street LoftsA7 - Affordable 21BR,1BA$2.21
AveCDC Elder Street Artists Lofts1 Bedroom, 1 Bathroom - 601BR,1BA$1.39
The HamiltonA21BR,1BA$1.84
55+ Senior Living Campanile on CommerceA1 Florence1BR,1BA$1.61
Canal Street FlatsA11BR,1BA$1.68
Midtown on the RailA11BR,1BA$2.03
CircuitA2A1BR,1BA$1.92
Austin St (1414)Austin St (1414) - 1414...Studio ,1BA$1.25
Warehouse DistrictAbstractionist (S)1BR,1BA$1.86

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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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 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 $1,399.

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 $1,925.

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 9 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 $441 which is $1,484 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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Where to Live in the Greater Houston Area: A Local Expert's Guide to Suburbs Around H-Town

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If you work in the heart of Houston and enjoy living close to multiple restaurants, bars, museums, and other entertainment opportunities, then the bustling, busy city is the place to be.

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Where to Stay in Houston: The 5 Best Neighborhoods for Short-Term Lease Options

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One of the things I love about Houston is that, no matter what you need, want, or are looking for, you can find it here. There are great career and educational opportunities.

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Rent According to Income: A Look at Income-Restricted Rentals

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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