Cheap Homes for Rent in Downtown Houston Neighborhood of Houston, TX from $800 (37 Rentals)

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

property at 915 Franklin St

$1,400 - $2,000

1 To 2 Bedroom Rentals

Available Now

915 Franklin St

HoustonTX77002
property at 2016 Main St

$1,295 - $5,900

Studio To 3 Bedroom Rentals

Available Now

2016 Main St

HoustonTX77002
property at 705 Main St

$1,550 - $2,000

Studio To 2 Bedroom Rentals

Available Now

705 Main St

HoustonTX77002

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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.

property at 1312 Live Oak St

$1,685 - $2,900

Studio To 2 Bedroom Rentals

Available Now

1312 Live Oak St

HoustonTX77003

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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 May 1

2016 Main St, Unit 1217, Unit 1217

2016 Main St
HoustonTX77002

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.

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 1 Bed unit found at Houston House priced from $793. 1711 Caroline 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 Pease AFF1BR,1BA$793
1711 CarolineE11BR,1BA$999
Warehouse DistrictMinimalist (S)1BR,1BA$999
Canal Street FlatsA11BR,1BA$1,093
CircuitA1A1BR,1BA$1,200
The Mill ResidencesS21BR,1BA$1,300
SoDo - Main South TowerS3Studio,1BA$1,314
Broadstone EADOS11BR,1BA$1,344
The LauraS1Studio,1BA$1,356
SoDo - Houston North TowerS2Studio,1BA$1,383

Best Value Apartments for Rent in Downtown Houston, TX

As of April 17, 2026 the best value apartment in the Downtown Houston area is the $2.02 price per square foot A4 Model at The Hamilton in the in the Third Ward neighborhood starting from $1,556. The second greatest value Downtown Houston apartment is the A1 - Affordable 1 Model at Sabine Street Lofts starting at $1,555 with a $2.10 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$2.02
Sabine Street LoftsA1 - Affordable 11BR,1BA$2.10
1711 CarolineA31BR,1BA$2.26
500 Crawford ApartmentsA11BR,1BA$1.99
East End LoftsA07 TH1BR,1BA$2.39
Canal Street FlatsA11BR,1BA$1.57
Block 334 ApartmentsA91BR,1BA$2.20
Midtown on the RailA31BR,1BA$2.20
CircuitA1A1BR,1BA$1.98
Warehouse DistrictAbstractionist (S)1BR,1BA$1.86

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 #33

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 79 Apartments for Rent in Downtown Houston, TX with pricing that ranges from $793 to $14,225. There are also 121 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Houston ranging from $825 to $6,000.

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 $825 to $6,000 with an average monthly rent of $2,412.

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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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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Articles, How-To's, and Tips

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.