Cheap Apartments for Rent in the Fifth Ward Neighborhood of Houston, TX from $500 (63 Rentals)

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

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.

property at 5405 Suez St

5405 Suez St

HoustonTX77020
property at 5409 Suez St

5409 Suez St

HoustonTX77020
property at 3031 Sumpter St

3031 Sumpter St

HoustonTX77026
property at 3802 Dabney St

3802 Dabney St

HoustonTX77026

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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Wipprecht Apartments
1 Bedroom Apartments

Wipprecht Apartments

3802-3812 Wipprecht StHouston, TX 77026
  • Utilities Included
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4705 Lyons Ave
Studio to 2 Bedroom Apartments

4705 Lyons Ave

4719 Lyons AveHouston, TX 77020
  • Utilities Included

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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The Legacy Apartments
1 to 2 Bedroom Apartments

The Legacy Apartments

3905 Lockwood DrHouston, TX 77026
  • Utilities Included
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Brittons Place
1 to 3 Bedroom Apartments

Brittons Place

3730 Lyons AveHouston, TX 77020
  • Utilities Included
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Pleasant Hill Village
Studio to 2 Bedroom Apartments

Pleasant Hill Village

3814 Lyons AveHouston, TX 77020
Senior Living
  • Utilities Included

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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Cleme Manor
1 to 5 Bedroom Apartments

Cleme Manor

5300 Coke StHouston, TX 77020

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.

property at 5409 Suez St

5409 Suez St

HoustonTX77020

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 Rose Plaza priced from $850. Lockwood on Buffalo Bayou has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,091. Here are the most affordable Fifth Ward apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Rose PlazaA1BR,1BA$850
Lockwood on Buffalo BayouA1-60%1BR,1BA$1,091
The LauraS1Studio,1BA$1,379
The Mill ResidencesS51BR,1BA$1,445
Standard on the RiverE2Studio,1BA$1,464
Forth at NavigationJR2Studio,1BA$1,466
East End LoftsA05 TH1BR,1BA$1,496
St. Elizabeth Place2X1 - ALL UTILITIES INCLUDED2BR,1BA$1,614

Best Value Apartments for Rent in Fifth Ward, TX

As of October 05, 2025 the best value apartment in the Fifth Ward area is the $1.35 price per square foot 3703 Market St Model at 3703 Market St, Unit 1 in the in the Second Ward neighborhood starting from $1,650. The second greatest value Fifth Ward apartment is the 2X1 - ALL UTILITIES INCLUDED Model at St. Elizabeth Place starting at $1,614 with a $1.81 price per square foot in the Second Ward 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.
3703 Market St, Unit 13703 Market St3BR,2BA$1.35
St. Elizabeth Place2X1 - ALL UTILITIES INCLUDED2BR,1BA$1.81
East End LoftsA141BR,1BA$2.15
Lockwood on Buffalo BayouA1-60%1BR,1BA$1.59
The LauraS2Studio ,1BA$2.76
Forth at NavigationJR3Studio ,1BA$2.49
The Mill ResidencesA221BR,1BA$2.89
Standard on the RiverE2Studio ,1BA$2.67
Rose PlazaA1BR,1BA$1.69

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
Fifth Ward, Houston, TX

Ranked #275

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Fifth Ward Neighborhood in Houston, TX

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

Transit Score®

47 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Fifth Ward Apartments

What is a cheap apartment in Fifth Ward?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fifth Ward is under $1,614.

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

The cheapest apartment in Fifth Ward is Rose Plaza which is listed at $850, while the average apartment in Fifth Ward costs $4,236.

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 2 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 $496 which is $3,740 cheaper than the average rent for all rentals in Fifth Ward.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.