Cheap Apartments for Rent in the Park Place Neighborhood of Houston, TX from $500 (82 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
The Bellfort
$724 - $2,317
Total Monthly Price

Total Monthly Price

Base Rent
$724 - $2,317

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Bellfort

7950 Bellfort StHouston, TX 77061
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Encanto Apartments
$1,009 - $1,551
Total Monthly Price

Total Monthly Price

Base Rent
$1,009 - $1,551

Total Monthly Price
$1,009 - $1,551
1 to 2 Bedroom Apartments Available Now

Encanto Apartments

7132 Lawndale StHouston, TX 77023
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

close
View Me
Grahamcrest Manor
Studio to 2 Bedroom Apartments

Grahamcrest Manor

7622 Grahamcrest DrHouston, TX 77061
close
View Me
Oak Shadows
1 to 2 Bedroom Apartments

Oak Shadows

4801 Allendale RdHouston, TX 77017
Senior Living
close
View Me
Nine Oaks
1 to 4 Bedroom Apartments

Nine Oaks

3030 Hasbrook StHouston, TX 77087
  • 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.

close
View Me
Easton Apartments
Studio to 1 Bedroom Apartments

Easton Apartments

8001 Easton StHouston, TX 77017
  • Utilities Included
close
View Me
Stone Manor
1 to 2 Bedroom Apartments

Stone Manor

8404 Stone StHouston, TX 77061
  • Utilities Included
close
View Me
Concord Arms
1 to 2 Bedroom Apartments

Concord Arms

3003 Broadway StHouston, TX 77017
  • Utilities Included
close
View Me
Los Pinos Apartments
1 to 2 Bedroom Apartments

Los Pinos Apartments

8010 Wier DrHouston, TX 77017
  • Utilities Included
close
View Me
Casa Bella Apartments
1 to 2 Bedroom Apartments

Casa Bella Apartments

8363 Park Place BlvdHouston, TX 77017
  • Utilities Included
close
View Me
Parkford Apartments
1 to 2 Bedroom Apartments

Parkford Apartments

2911 Broadway StHouston, TX 77017
  • Utilities Included
close
View Me
Ashley Apartments
1 Bedroom Apartments

Ashley Apartments

2917-2919 Ashley StHouston, TX 77017
Corporate Housing
  • Utilities Included

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.

close
View Me
Ashway Apartments
1 to 2 Bedroom Apartments

Ashway Apartments

2817 Broadway StHouston, TX 77017
  • Utilities Included
close
View Me
Willow Creek
1 to 2 Bedroom Apartments

Willow Creek

7575 Office City DrHouston, TX 77012
  • Utilities Included
close
View Me
Winkler Drive
1 to 2 Bedroom Apartments

Winkler Drive

166 Winkler DrHouston, TX 77087
  • Utilities Included
  • Smoke Free
close
View Me
Silvercreek Apartments
2 to 3 Bedroom Apartments

Silvercreek Apartments

5124-5128 Silver Creek DrHouston, TX 77017
  • Utilities Included
  • Smoke Free
property at 8041 Howard Dr

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Condo for Rent

Available Now

8041 Howard Dr, Unit 2, Unit 2

8041 Howard Dr
HoustonTX77017

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.

Park Place, Houston, TX Local Guide

Cheapest Available Park Place Apartments for Rent

 

The cheapest available apartment rental in the Park Place area of Houston, TX is a 1 Bed unit found at Park Place Apartments priced from $650. Altair Residences has the second lowest priced unit, which is a 1 Bed apartment currently listed from $661. Here are the most affordable Park Place apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Park Place Apartments1 Bedroom, 1st Floor1BR,1BA$650
Altair ResidencesA11BR,1BA$661
Bellestone Villas ApartmentsStudioStudio,1BA$669
Broadway Park Apartments1x11BR,1BA$719
The BellfortC1BR,1BA$724
Villas at Park Place Apartments1x11BR,1BA$769
Southway Manor Apartments1 bedroom1BR,1BA$780
Patricia Manor1 Bed, 1 bath1BR,1BA$788
Leonora Square- All Bills Paid1 - Bedroom1BR,1BA$795
Willow CreekHenley1BR,1BA$799

Best Value Apartments for Rent in Park Place, TX

As of May 25, 2026 the best value apartment in the Park Place area is the $1.03 price per square foot Roosevelt Model at Concord at Allendale Apartments in the in the Greater Hobby neighborhood starting from $1,359. The second greatest value Park Place apartment is the Chateau Model at Willow Tree Apartments starting at $1,195 with a $1.02 price per square foot in the Greater Hobby neighborhood. Here is today’s list of the best values for Park Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Concord at Allendale ApartmentsRoosevelt2BR,2BA$1.03
Willow Tree ApartmentsChateau3BR,2BA$1.02
TropicanaGround Level2BR,1.5BA$0.87
Dover Apartments2 Bedroom, 1 Bath2BR,1BA$1.27
Park Place Apartments2 Bedroom, 1st Floor2BR,1BA$1.00
Villas at Park Place Apartments1x11BR,1BA$1.04
Grahamcrest Manor1 Bedroom 1 Bath with 688 Square Feet of Living...1BR,1BA$1.22
Leonora Square- All Bills Paid1 - Bedroom1BR,1BA$1.22
Willow CreekBentley1BR,1BA$1.30
Altair ResidencesA11BR,1BA$1.17

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.

Read Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Cheap Park Place Apartments

What is the price of a cheap apartment in Park Place?

The cheapest apartment in Park Place is Park Place Apartments which is listed at $650, while the average apartment in Park Place costs $1,351.

What types of apartments are the cheapest in Park Place?

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 16 regular apartments in Park Place 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 Park Place?

Cheap apartments in Park Place have an average cost of $291 which is $1,060 cheaper than the average rent for all rentals in Park Place.

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

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Houston article

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Houston

Written by: Lori Rosario

Houston is home to insane traffic, the nation's most complex highway system, and unstable weather that will leave you wondering if the four seasons are still a thing.

decorative image for Your Houston Neighborhood Guide: Find the Perfect Home Near Your Job article

Your Houston Neighborhood Guide: Find the Perfect Home Near Your Job

Written by: Lori Rosario

To say Houston is a bustling metropolitan area seems like an understatement. Everyone you turn, something is being built, be it gas stations, stores, office buildings, medical facilities, housing, or apartment complexes.

decorative image for The Ultimate Guide to Houston Apartment Living: Neighborhoods, Culture, and Community article

The Ultimate Guide to Houston Apartment Living: Neighborhoods, Culture, and Community

Written by: Lori Rosario

Houston, the fourth most-populous city in the United States and the most populous in the south, just can't seem to stop growing and expanding. People from all over the U.S.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

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.