Cheap Homes for Rent in Downtown Houston Neighborhood of Houston, TX from $500 (11 Rentals)

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Search the lowest-cost Homes 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.

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

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.

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

Best Value Apartments for Rent in Downtown Houston, TX

As of January 02, 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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Frequently Asked Questions about Downtown Houston

What type of rentals are currently available in Downtown Houston?

There are currently 83 Apartments for Rent in Downtown Houston, TX with pricing that ranges from $719 to $15,324. There are also 209 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Houston ranging from $500 to $12,086.

What is the current price range for Rental Homes in Downtown Houston?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Houston ranges from $500 to $12,086 with an average monthly rent of $2,531.

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!