Cheap Homes for Rent in Downtown Houston Neighborhood of Houston, TX from $1,000 (25 Rentals)

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

property at 1966 Travis St

1966 Travis St

HoustonTX77002
property at 2550 Main St

2550 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.

property at 2016 Main St

2016 Main St

HoustonTX77002

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.

property at 2425 Bell St

2425 Bell St

HoustonTX77003
property at 300 Ruthven St

300 Ruthven St

HoustonTX77002

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 400 Capitol St

400 Capitol St

HoustonTX77204
property at 2716 Commerce St

2716 Commerce St

HoustonTX77003

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 AveCDC Elder Street Artists Lofts priced from $1,016. Houston House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,154. Here are the most affordable Downtown Houston apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
AveCDC Elder Street Artists Lofts0 Bedroom, 1 Bathroom - 60Studio,1BA$1,016
Houston HouseThe Clay1BR,1BA$1,154
The LauraS1Studio,1BA$1,158
SoDo - Houston North TowerS1Studio,1BA$1,185
Warehouse District IMinimalist - A31BR,1BA$1,213

Best Value Apartments for Rent in Downtown Houston, TX

As of June 18, 2025 the best value apartment in the Downtown Houston area is the $2.00 price per square foot B3 Model at 500 Crawford Apartments in the in the Downtown Houston neighborhood starting from $2,620. The second greatest value Downtown Houston apartment is the B3 Model at Canal Street Flats starting at $1,538 with a $1.37 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.
500 Crawford ApartmentsB32BR,2BA$2.00
Canal Street FlatsB32BR,2BA$1.37
The HamiltonA71BR,1BA$2.01
AveCDC Elder Street Artists Lofts1 Bedroom, 1 Bathroom - MKT1BR,1BA$1.65
SoDo - Main South TowerA41BR,1BA$2.05
Block 334 ApartmentsA91BR,1BA$2.16
Midtown on the RailA31BR,1BA$2.21
Houston HouseThe Clay1BR,1BA$1.86
CircuitA1A1BR,1BA$2.03
SoDo - Houston North TowerS1Studio ,1BA$2.05

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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Frequently Asked Questions about Downtown Houston

What type of rentals are currently available in Downtown Houston?

There are currently 80 Apartments for Rent in Downtown Houston, TX with pricing that ranges from $750 to $15,340. There are also 188 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Houston ranging from $1,027 to $8,500.

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 $1,027 to $8,500 with an average monthly rent of $2,686.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.