Cheap Apartments for Rent in the Fifth Ward Neighborhood of Houston, TX from $500 (64 Rentals)

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

property at 4705 Lyons Ave

$840 - $895

1 Bedroom Rentals

Available Now

4705 Lyons Ave

HoustonTX77020

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

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.

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property at 3802 Dabney St

$899 - $925

2 Bedroom Rentals

Available Now

3802 Dabney St

HoustonTX77026
property at 3002 Market St

$1,100 - $1,200

2 Bedroom Rentals

Available Now

3002 Market St

HoustonTX77020

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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Wipprecht Apartments
1 Bedroom Apartments

Wipprecht Apartments

3802-3812 Wipprecht StHouston, TX 77026
  • Utilities Included
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Cleme Manor
1 to 5 Bedroom Apartments

Cleme Manor

5300 Coke StHouston, TX 77020
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Pleasant Hill Village
Studio to 2 Bedroom Apartments

Pleasant Hill Village

3814 Lyons AveHouston, TX 77020
Senior Living
  • Utilities Included
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4705 Lyons Ave
Studio to 2 Bedroom Apartments

4705 Lyons Ave

4719 Lyons AveHouston, TX 77020
  • Utilities Included

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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The Legacy Apartments
1 to 2 Bedroom Apartments

The Legacy Apartments

3905 Lockwood DrHouston, TX 77026
  • Utilities Included
property at 5405 Suez St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Condo for Rent

Available Now

5405 Suez St, Unit 1, Unit 1

5405 Suez St
HoustonTX77020

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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property at 5405 Suez St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

5405 Suez St, Unit 2, Unit 2

5405 Suez St
HoustonTX77020
property at 5405 Suez St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Condo for Rent

Available Now

5405 Suez St, Unit 4, Unit 4

5405 Suez St
HoustonTX77020

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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Fifth Ward, Houston, TX Local Guide

Cheapest Available Fifth Ward Apartments for Rent

 

The cheapest available apartment rental in the Fifth Ward area of Houston, TX is a 1 Bed unit found at Lockwood on Buffalo Bayou priced from $522. Cleme Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $904. Here are the most affordable Fifth Ward apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Lockwood on Buffalo BayouA1-30%1BR,1BA$522
Cleme Manor2x12BR,1BA$904
The Pointe at Bayou BendA1BR,1BA$1,046
Rose PlazaB12BR,1BA$1,200
Forth at NavigationJR2Studio,1BA$1,278
St. Elizabeth PlaceEfficiency - ALL UTILITIES INCLUDEDStudio,1BA$1,326
The Mill ResidencesS51BR,1BA$1,445
East End LoftsA111BR,1BA$1,696
The LauraA81BR,1BA$1,792

Best Value Apartments for Rent in Fifth Ward, TX

As of April 11, 2026 the best value apartment in the Fifth Ward area is the $2.93 price per square foot A26TH Model at The Mill Residences in the in the Downtown Houston neighborhood starting from $2,625. The second greatest value Fifth Ward apartment is the A4 Model at The Laura starting at $1,954 with a $2.36 price per square foot in the Downtown Houston neighborhood. Here is today’s list of the best values for Fifth Ward apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Mill ResidencesA26TH1BR,1BA$2.93
The LauraA41BR,1BA$2.36
Forth at NavigationA41BR,1BA$2.47
5906 Hillsboro St, Unit Unit B5906 Hillsboro St2BR,1BA$1.33
Cleme Manor2x12BR,1BA$1.22
Rose PlazaB12BR,1BA$1.64
East End LoftsA07 TH1BR,1BA$2.45
Lockwood on Buffalo BayouA1-60%1BR,1BA$1.59
The Pointe at Bayou BendA1BR,1BA$1.58
St. Elizabeth PlaceEfficiency - ALL UTILITIES INCLUDEDStudio ,1BA$2.70

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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Best Local Schools in
Fifth Ward, Houston, TX

School data provided by Great Schools

Frequently Asked Questions about Cheap Fifth Ward Apartments

What is the price of a cheap apartment in Fifth Ward?

The cheapest apartment in Fifth Ward is Lockwood on Buffalo Bayou which is listed at $522, while the average apartment in Fifth Ward costs $2,442.

What types of apartments are the cheapest in Fifth Ward?

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 18 regular apartments in Fifth Ward 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 Fifth Ward?

Cheap apartments in Fifth Ward have an average cost of $682 which is $1,760 cheaper than the average rent for all rentals in Fifth Ward.

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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