Cheap Apartments for Rent in Laredo, TX from $500 (147 Rentals)

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

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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property at 606 Gale St

$900 - $950

2 Bedroom Rentals

Available Now

606 Gale St

LaredoTX78041

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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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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Laredo, TX Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Laredo, TX

Pricing Updated: 08/27/2026

Current apartment rentals in the Laredo, TX area range in price from $500 to $2,241 with an overall median price of $1,212. The three Laredo neighborhoods with the lowest median rent pricing are Downtown Laredo at $850, San Augustin Historical District at $900, and Fort McIntosh at $950. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Laredo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Laredo$850$65021
San Augustin Historical District$900$65028
Fort McIntosh$950$65025
Chapparral Village$1,150$50057
Nye$1,250$500111
Hillside$1,265$50065
Embarcadero$1,267$875109
Del Mar$1,353$90089

Cheapest Available Laredo Apartments for Rent

 

The cheapest available apartment rental in Laredo, TX is a 2 Beds unit found at La Joya Apartments priced from $892. Merida Vista Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $895. Here is today’s list of the most affordable Laredo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
La Joya Apartments2 Bedroom2BR,1BA$892
Merida Vista Apartments2 Bedroom2BR,1BA$895
The International Apartments1 Bed 3rd Floor1BR,1BA$900
La Terraza2 Bedroom2BR,2BA$902
Villas Laredo1 Bedroom 1 Bathroom1BR,1BA$950
Quail Creek1 Bed 1 Bath1BR,1BA$950
Dorel Laredo1x1 A1BR,1BA$954
Stewart Apartments2BR/1.0BA2BR,1BA$1,000
315 Dorel Drive2 Bed2BR,1BA$1,000
Gallagher GardensThree Bedroom3BR,1BA$1,045

Best Value Apartments for Rent in Laredo, TX

As of August 27, 2026 the best value apartment in the Laredo area is the $1.17 price per square foot 3x2 Model at Rosemont at Laredo Vista- Income Restricted in the starting from $1,288. The second greatest value Laredo apartment is the 2 Bed Down Model at Green Meadow Apartments starting at $1,250 with a $1.28 price per square foot in the Del Mar neighborhood. Here is today’s list of the best values for Laredo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rosemont at Laredo Vista- Income Restricted3x23BR,2BA$1.17
Green Meadow Apartments2 Bed Down2BR,2BA$1.28
Clark's Crossing Apartment HomesB1 Townhome2BR,2BA$1.13
La Terraza2 Bedroom2BR,2BA$0.99
Angelix Apartments (BRAND NEW!)2 Bed 2 Bath2BR,2BA$1.28
Stewart Apartments2BR/1.0BA2BR,1BA$1.13
Gallagher GardensThree Bedroom3BR,1BA$1.18
315 Dorel Drive2 Bed2BR,1BA$1.24
Merida Vista Apartments2 Bedroom2BR,1BA$1.12
La Joya Apartments2 Bedroom2BR,1BA$1.13

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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Laredo Overview

Located on the banks of the famous Rio Grande and bursting at the seams with a proud, Latino heritage, Laredo is one of the most distinct destinations in all of Texas. From the historic downtown streets to the Mexican-inspired architecture, this thriving border town is known the world over for its hospitality and firm sense of cultural reverence.

Why live in Laredo, TX?

A fiercely proud city, Laredo is truly a unique area of Texas to call home. With a downtown scene that rivals many larger cities, world-class golf courses plentiful, and a steady economic work base, Laredoremains a popular choice for many residents of the Lone Star state.

Laredo, TX
Population: 261,639

Ranked #80

in US Census Population by City

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Best Local Schools in
Laredo, TX

School data provided by Great Schools

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

Explore Laredo, TX Rentals by Map

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See the most popular apartments and homes in Laredo, TX

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Frequently Asked Questions about Cheap Laredo Apartments

What is the price of a cheap apartment in Laredo?

The cheapest apartment in Laredo is The International Apartments which is listed at $900, while the average apartment in Laredo costs $1,212.

What types of apartments are the cheapest in Laredo?

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 7 regular apartments in Laredo 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 Laredo?

Cheap apartments in Laredo have an average cost of $960 which is $252 cheaper than the average rent for all rentals in Laredo.

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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.