Cheap Apartments for Rent near Lelia Lake, TX from $400 (56 Rentals)

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

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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Hampton Villages
2 to 4 Bedroom Apartments

Hampton Villages

100 Hampton LnPampa, TX 79065
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Schneider House
1 to 2 Bedroom Apartments

Schneider House

120 S Russell StPampa, TX 79065
  • Utilities Included
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Campus Row Apartments
1 to 2 Bedroom Apartments

Campus Row Apartments

2500 8th AveCanyon, TX 79015
  • Utilities Included

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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Concord Apartments
1 to 2 Bedroom Apartments

Concord Apartments

3019 SW 28th AveAmarillo, TX 79109
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Patterson Place
1 to 2 Bedroom Apartments

Patterson Place

2609 Patterson DrAmarillo, TX 79109
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Park View
2 to 3 Bedroom Apartments

Park View

2620 10th AveCanyon, TX 79015
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Harvest Park
2 to 3 Bedroom Apartments

Harvest Park

1011 E Harvester AvePampa, TX 79065

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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Lelia Lake, TX Local Guide

Cheapest Available Lelia Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lelia Lake, TX is a 1 Bed unit found at The Larsson in the Plemons Historic District neighborhood priced from $455. Silverleaf at Panhandle has the second lowest priced unit, which is a 1 Bed apartment currently listed from $467. Here is today’s list of the most affordable Lelia Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Larsson1/1.001BR, 1BA$455
Silverleaf at PanhandleA11BR, 1BA$467
Four Seasons & Pepper Tree Apartments1BR/1.0BA Four Season Apartments1BR, 1BA$549
Veranda Gardens0x1Studio, 1BA$594
The Aspen ApartmentsAyers (1x1)1BR, 1BA$609
Cottonwood Apartments1-Bed 1-Bath1BR, 1BA$650
Westways1 Bedroom1BR, 1BA$650
Concord Apartments1 Bedroom, 1 Bathroom1BR, 1BA$655
Axiom at 51stA1 1x1Axiom at 51st1BR, 1BA$665
Amarillo Square Apartments1 Bedroom 1 Bathroom1BR, 1BA$695

Best Value Apartments for Rent in Lelia Lake, TX and Nearby

As of September 23, 2026 the best value apartment in the Lelia Lake area is the $1.10 price per square foot 3 Bed, 2 Bath (60% Income Restricted) Model at The Eddison in the Plemons Historic District neighborhood starting from $1,366. The second greatest value Lelia Lake apartment is the 2 Bedroom Model at Cypress Creek Jason Avenue in the Dumas Junction neighborhood starting at $1,325 with a $1.09 price per square foot. Here is today’s list of the best values for Lelia Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Eddison3 Bed, 2 Bath (60% Income Restricted)3BR, 2BA$1.10
Cypress Creek Jason Avenue2 Bedroom2BR, 2BA$1.09
Reserves at BrooksideC3-50%3BR, 2BA$0.96
Silverleaf at PanhandleB12BR, 1.5BA$0.99
Mariposa Jason Avenue 55+ Apartment HomesA21BR, 1BA$1.01
Concord Apartments1 Bedroom, 1 Bathroom1BR, 1BA$0.95
Brierwood ApartmentsD1BR, 1BA$1.10
Cottonwood Apartments1-Bed 1-Bath1BR, 1BA$1.06
Four Seasons & Pepper Tree Apartments1BR/1.0BA Four Season Apartments1BR, 1BA$0.90
The Aspen ApartmentsAyers (1x1)1BR, 1BA$1.09

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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

Explore Lelia Lake, TX Rentals by Map

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See the most popular apartments and homes in Lelia Lake, TX

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Frequently Asked Questions about Cheap Lelia Lake Apartments

What is the Cheapest Studio apartment in Lelia Lake?

Currently the most affordable Cheap Studio Apartment in Lelia Lake is at The Larsson listed at $499.

How much is rent for a Cheap One Bedroom Lelia Lake Apartment?

The lowest price for a Cheap One Bedroom Lelia Lake Apartment is $455 at The Larsson.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lelia Lake is starting from $649 at Four Seasons & Pepper Tree Apartments.

What is the most affordable Lelia Lake Three Bedroom Apartment?

The best deal on a cheap Lelia Lake Three Bedroom Apartment rental is at Amarillo Greentree Village and starts from $908.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.