Cheap Homes for Rent in Killeen, TX from $500 (292 Rentals)

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Search the lowest-cost Homes available for rent right now in Killeen.

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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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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property at 120 W Avenue A

$575

Total Monthly Price

Total Monthly Price

Base Rent
$575
Total Monthly Price
$575

1 Bedroom, 1 Bath Condo for Rent

Available Now

120 W Avenue A, Unit A, Unit A

120 W Avenue A
KilleenTX76541

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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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 Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Killeen, TX Local Guide

Cheapest Neighborhoods for Apartments in Killeen, TX

Pricing Updated: 05/18/2026

Current apartment rentals in the Killeen, TX area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Killeen Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Copperas Cove$1,900$600123
West Suburban Killeen$2,550$76578

Cheapest Available Killeen Apartments for Rent

 

The cheapest available apartment rental in Killeen, TX is a 1 Bed unit found at Parker Place Apartments in the Killeen Fort Hood neighborhood priced from $485. 302 Wolf St in the Killeen Fort Hood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Killeen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parker Place Apartments1BR/1.0BA1BR,1BA$485
302 Wolf St302 Wolf1BR,1BA$500
Parackal Gardens I1BD/1BA 1FL1BR,1BA$545
Eastgate Village ApartmentsOne Bedroom Renovated1BR,1BA$575
513 Wolf St1 Bed, 1 bath1BR,1BA$575
Terrace Heights Apartments1x11BR,1BA$599
The Renaissance at Stoney CreekB1BR,1BA$599
The Bluffs of Brookside1 Bed, 1 Bath1BR,1BA$599
308 N 14th StOne Bed One Bath1BR,1BA$600
Century Oaks1X1 A1BR,1BA$625

Best Value Apartments for Rent in Killeen, TX

As of May 18, 2026 the best value apartment in the Killeen area is the $0.49 price per square foot 4304 Ivory Ln Model at 4304 Ivory Ln, Unit A in the in the Killeen Fort Hood neighborhood starting from $1,295. The second greatest value Killeen apartment is the 1412 Van Zanten Ct Model at 1412 Van Zanten Ct, Unit B starting at $999 with a $0.78 price per square foot in the Killeen Fort Hood neighborhood. Here is today’s list of the best values for Killeen apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4304 Ivory Ln, Unit A4304 Ivory Ln3BR,2BA$0.49
1412 Van Zanten Ct, Unit B1412 Van Zanten Ct3BR,2BA$0.78
2313 Terrace Dr, Unit Apt # D2313 Terrace Dr3BR,2BA$0.79
2105 Jennifer Dr, Unit A2105 Jennifer Dr3BR,2BA$0.69
330 S 40th St, Unit B330 S 40th St3BR,2BA$0.69
2810 Cantabrian Dr, Unit B2810 Cantabrian Dr2BR,1.5BA$0.74
3402 Cantabrian Dr, Unit B3402 Cantabrian Dr3BR,2BA$0.74
2801 Cantabrian Dr2801 Cantabrian Dr3BR,2BA$0.75
1202 Covey Ln, Unit #D1202 Covey Ln2BR,1.5BA$0.77
4801 Rainbow Cir, Unit 24801 Rainbow Cir2BR,1BA$0.71

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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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

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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Best Local Schools in
Killeen, TX

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

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Frequently Asked Questions about Killeen

What type of rentals are currently available in Killeen?

There are currently 423 Apartments for Rent in Killeen, TX with pricing that ranges from $475 to $3,200. There are also 836 Single Family Homes for rent, Condos, and Townhome rentals currently available in Killeen ranging from $525 to $3,317.

What is the current price range for Rental Homes in Killeen?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Killeen ranges from $525 to $3,317 with an average monthly rent of $1,314.

How much are larger Three and Four Bedroom Rentals in Killeen?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Killeen range from $695 to $3,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,317. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $1,432.

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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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.

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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.

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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.

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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.