
Cheap Homes for Rent in Little Elm, TX from $500 (56 Rentals)
Search the lowest-cost Homes available for rent right now in Little Elm.


Room in House on Deadwood Ln

4301 Farm to Market Rd 720

2036 Oak Grove Ln

27040 US-380

12005 US-380

1031 FM2931, Unit 816

26850 US-380

1031 FM2931, Unit 817

15117 Fishtrap Bike Path
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.

9801-9805 Sycamore Dr

6300 FM 423, Unit 18123

6300 F 423, Unit 6107

6300 F 423, Unit 3117

6300 FM 423, Unit 17210

12112 Steeplechase Dr

6300 FM 423, Unit 18126

6300 FM 423, Unit 15117

704 Corral St

8826 Tucker St
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.

8801 Stewart St

8621 Sagebrush Trail

1505 Vernon Dr

1416 Waggoner Dr

529 Cheyenne Dr

3606 Kayewood Dr

6009 Pitcher Wy

1921 Nightingale Dr

111 King Rd

449 Woodgrove Dr
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.

2025 Prospect Ln

1108 Cheyenne Dr

11201 Klondike Ln

300 Woodgrove Dr

928 Rivers Creek Ln

8813 Sagebrush Trail

1704 Silverwood Ln

218 Islero Dr

6300 FM 423, Unit 18229

8621 Wagon Trail
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.

8905 Tenderfoot Ln

2348 Evening Stone Dr

517 Wounded Knee Dr

8924 Whirlwind Trail

1805 Trace Dr

10120 Cherry Hill Ln

1790 Alamandine Ave

8701 Sagebrush Trail

3148 Harper St

2405 Spruce Ct
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.
Little Elm, TX Local Guide

How much does it cost to rent a home in Little Elm?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Little Elm 2 Bedroom Homes for Rent | $2,262 | $1,305 | $3,100 |
| Little Elm 3 Bedroom Homes for Rent | $2,376 | $1,500 | $5,400 |
| Little Elm 4 Bedroom Homes for Rent | $2,942 | $1,995 | $8,500 |
| Little Elm 5 Bedroom Homes for Rent | $3,800 | $2,600 | $6,500 |
| Little Elm 6 Bedroom Homes for Rent | $9,350 | $4,200 | $10,000+ |
Browse Top Homes for Rent in Little Elm
Explore Little Elm
Little Elm, TX Local Guide
- Little Elm Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Little Elm Apartments for Rent
 The cheapest available apartment rental in Little Elm, TX is a 1 Bed unit found at Encore 380 in the Denton neighborhood priced from $959. Park 3Eighty in the Little Elm neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,017. Here is today’s list of the most affordable Little Elm apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Encore 380 | A1 | 1BR,1BA | $959 |
| Park 3Eighty | A1 | 1BR,1BA | $1,017 |
| Latitude Magnolia | A1-1X1 | 1BR,1BA | $1,029 |
| The District in Little Elm | E1 | Studio,1BA | $1,042 |
| Aubrey Junction Apartments | A2: 1 Bed 1 Bath | 1BR,1BA | $1,099 |
| Peak at 1385 | A2 | 1BR,1BA | $1,118 |
| Bell Frisco Market Center | A1B | 1BR,1BA | $1,140 |
| Union House | A1A | 1BR,1BA | $1,150 |
| 4 Corners | A1 | 1BR,1BA | $1,178 |
| Ascend at 720 | A1 | 1BR,1BA | $1,180 |
Best Value Apartments for Rent in Little Elm, TX
As of July 08, 2026 the best value apartment in the Little Elm area is the $1.67 price per square foot B1 Model at Cortland Phillips Creek Ranch in the in the The Landing at Waterstone neighborhood starting from $1,840. The second greatest value Little Elm apartment is the A3 Model at Villages 3Eighty starting at $1,323 with a $1.61 price per square foot in the Little Elm neighborhood. Here is today’s list of the best values for Little Elm apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cortland Phillips Creek Ranch | B1 | 2BR,2BA | $1.67 |
| Villages 3Eighty | A3 | 1BR,1BA | $1.61 |
| The Village at Lakefront | Pitch, Propeller, Racer, Sole, &Deck | 1BR,1BA | $1.65 |
| Aubrey Junction Apartments | A1: 1 Bed 1 Bath | 1BR,1BA | $1.59 |
| Lebanon Ridge | A1 | 1BR,1BA | $1.65 |
| The Plaza at Frisco Square | The Common | 1BR,1BA | $1.55 |
| Emli at Pecan Creek | A1HC | 1BR,1BA | $1.73 |
| Latitude Magnolia | A1-1X1 | 1BR,1BA | $1.40 |
| Encore 380 | A2 | 1BR,1BA | $1.49 |
| Park 3Eighty | A1 | 1BR,1BA | $1.56 |
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 ArticleTop Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX
Learn about the best Dallas neighborhoods for student renters by our Dallas, TX Local Expert Tiffany Clark
Read ArticleReal 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 ArticleQuick 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.
Little Elm, TXPopulation: 50,314
Ranked #775
in US Census Population by City
Best Local Schools in Little Elm, TX
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Little Elm, TX Rentals by Map
See the most popular apartments and homes in Little Elm, TX
Frequently Asked Questions about Little Elm
What type of rentals are currently available in Little Elm?
There are currently 77 Apartments for Rent in Little Elm, TX with pricing that ranges from $940 to $25,371. There are also 525 Single Family Homes for rent, Condos, and Townhome rentals currently available in Little Elm ranging from $550 to $14,500.
What is the current price range for Rental Homes in Little Elm?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Little Elm ranges from $550 to $14,500 with an average monthly rent of $3,596.
How much are larger Three and Four Bedroom Rentals in Little Elm?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Little Elm range from $1,811 to $6,248, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $5,400. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $2,229.
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

The 10 Best Affordable Neighborhoods in Dallas, TX
Written by: Tiffany Clark
Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX
Written by: Tiffany Clark
According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.

The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers
Written by: Tiffany Clark
Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.

An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years
Written by: Tiffany Clark
My ancestors on both sides were some of the earliest Texas settlers, and I have that big Texas pride that we Texans are famous for. While I've lived in other places, Texas always has been and always will be home.
Articles, How-To's, and Tips

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.