Cheap Homes for Rent in Fifth Ward Neighborhood of Houston, TX from $700 (26 Rentals)

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

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.

property at 5902 Downing St.

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

1 Bedroom, 1 Bath Townhome for Rent

Available Now

5902 Downing St., Unit A

5902 Downing St.
HoustonTX77020

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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 413 N LIVE OAK

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Townhome for Rent

Available Now

413 N LIVE OAK

HoustonTX77003
property at 3411 Market St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Now

3411 Market St

HoustonTX77020

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.

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 2 Beds unit found at Cleme Manor priced from $904. The Pointe at Bayou Bend has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,079. Here are the most affordable Fifth Ward apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Cleme Manor2x12BR,1BA$904
The Pointe at Bayou BendA1BR,1BA$1,079
Lockwood on Buffalo BayouA1-60%1BR,1BA$1,091
The Mill ResidencesS51BR,1BA$1,299
St. Elizabeth PlaceEfficiency - ALL UTILITIES INCLUDEDStudio,1BA$1,330
Rose PlazaB12BR,1BA$1,379
Standard on the RiverE2Studio,1BA$1,449
East End LoftsA06 TH1BR,1BA$1,527
Forth at NavigationJR1Studio,1BA$1,683
The LauraB12BR,2BA$2,374

Best Value Apartments for Rent in Fifth Ward, TX

As of July 08, 2026 the best value apartment in the Fifth Ward area is the $2.26 price per square foot B1 Model at The Laura in the in the Downtown Houston neighborhood starting from $2,374. The second greatest value Fifth Ward apartment is the 2x1 Model at Cleme Manor starting at $904 with a $1.22 price per square foot in the East End 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 LauraB12BR,2BA$2.26
Cleme Manor2x12BR,1BA$1.22
Rose PlazaB12BR,1BA$1.88
East End LoftsA06 TH1BR,1BA$2.16
Lockwood on Buffalo BayouA1-60%1BR,1BA$1.59
The Pointe at Bayou BendA1BR,1BA$1.63
The Mill ResidencesA221BR,1BA$2.89
Standard on the RiverE1Studio ,1BA$2.64
Forth at NavigationJR1Studio ,1BA$3.30
St. Elizabeth PlaceEfficiency - ALL UTILITIES INCLUDEDStudio ,1BA$2.71

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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 Fifth Ward

What type of rentals are currently available in Fifth Ward?

There are currently 97 Apartments for Rent in Fifth Ward, TX with pricing that ranges from $522 to $4,210. There are also 142 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fifth Ward ranging from $750 to $3,950.

What is the current price range for Rental Homes in Fifth Ward?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fifth Ward ranges from $750 to $3,950 with an average monthly rent of $1,926.

How much are larger Three and Four Bedroom Rentals in Fifth Ward?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fifth Ward range from $704 to $4,210, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,950. Four Bedroom Single-Family rentals are also available starting from $1,460 and Four Bedroom Apartments start at $1,651.

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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