Cheap Apartments for Rent near Kermit, TX from $400 (54 Rentals)

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Search the lowest-cost Apartments available for rent right now in Kermit.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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High Plains
1 to 2 Bedroom Apartments

High Plains

3727 Andrews HwyOdessa, TX 79762
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Acacia Park
1 to 2 Bedroom Apartments

Acacia Park

4775 Oakwood DrOdessa, TX 79761
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The Laurel Condos
1 to 2 Bedroom Apartments

The Laurel Condos

600 Dotsy AveOdessa, TX 79763
Corporate Housing
  • 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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Kermit, TX Local Guide

Cheapest Available Kermit Apartments for Rent and Nearby

 

The cheapest available apartment rental in Kermit, TX is a 1 Bed unit found at Fairway Flats priced from $479. Westwood Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Kermit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fairway Flats1 Bed/ 1 Bath1BR,1BA$479
Westwood SquareA11BR,1BA$800
Alturas Eleventh1 BR x 1 BA1BR,1BA$809
Arbor OaksAO-33BR,2BA$824
Mission Village of Pecos1 Bed, 1 bath1BR,1BA$856
Westwinds Village1/1, 519 sq ft1BR,1BA$875
Sandpiper ApartmentsOne Bedroom1BR,1BA$900
Trestles CondominiumsOne Bedroom1BR,1BA$900
SunsetA11BR,1BA$928
The Paddocks ApartmentsA2 U1BR,1BA$950

Best Value Apartments for Rent in Kermit, TX and Nearby

As of July 30, 2026 the best value apartment in the Kermit area is the $1.07 price per square foot AO-2 Model at Arbor Oaks in the starting from $1,159. The second greatest value Kermit apartment is the 2 Bedroom Model at Mission Village of Monahans starting at $1,039 with a $0.97 price per square foot . Here is today’s list of the best values for Kermit apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arbor OaksAO-22BR,2BA$1.07
Mission Village of Monahans2 Bedroom2BR,1BA$0.97
Cru2Bed 2Bath2BR,2BA$1.38
Fairgreen2x12BR,1.5BA$1.34
Arbor Terrace TownhomesB2BR,2BA$1.17
Garden ApartmentsTwo Bedroom2BR,1BA$1.36
Mission Village of Pecos1 Bed, 1 bath1BR,1BA$1.14
Westwood SquareA11BR,1BA$1.10
Fairway Flats1 Bed/ 1 Bath1BR,1BA$0.67
The Ranch at Andrews1 Bedroom 1 Bath - 750601BR,1BA$1.48

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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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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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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Kermit, TX

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Kermit Apartments

How much is rent for a Cheap One Bedroom Kermit Apartment?

The lowest price for a Cheap One Bedroom Kermit Apartment is $479 at Fairway Flats.

What is the lowest price for a Cheap Two Bedroom Kermit Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Kermit is starting from $539 at Fairway Flats.

What is the most affordable Kermit Three Bedroom Apartment?

The best deal on a cheap Kermit Three Bedroom Apartment rental is at Fairway Flats and starts from $579.

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.