
Cheap Apartments for Rent near Loraine, TX from $699 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Loraine.


Blue Sky Ranch

Parkhill Terrace and Kentwood Apartments

The Landing Apartments

Copper Creek Apartments

Total Monthly Price
Trails End Apartments

Aspen Place

The Edge
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.

Curry Junction Apartments

Buffalo Ridge

Velta Villas

Bel Air Creekside

Sierra Sunset

Bel Air on 25th

Stonegate

Country Club Villas Abilene
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.

Oak Manor Villas - Big Spring

Virtu on Denali

Bel Air Springs

Bel Air West

Alps Abilene

Landmark at Abilene

Heritage Heights at Big Springs

The Residence at Autumn Sage
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.

Heritage Heights at Abilene

Trails at Big Spring

Big Spring Ranch

Sedona Apartments

Westover Hills

La Posada Apartments

Newport Village

406 SE Railroad St
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.

Cedar Creek Apartment Homes

Parkridge Place Apartments

Mustang Heights

314 SE Railroad St

414 SE Railroad St

Summit at Abilene North

705 Wall St

701 Wall 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.

703 Wall St

1821 Ave K

Elmwood Terrace

Suites @ Big Spring
Loraine, TX Local Guide

How much does it cost to rent an apartment in Loraine?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Loraine Studio Apartments | $891 | $875 | $900 |
| Loraine 1 Bedroom Apartments | $1,392 | $699 | $2,652 |
| Loraine 2 Bedroom Apartments | $1,664 | $825 | $4,346 |
| Loraine 3 Bedroom Apartments | $2,164 | $1,499 | $3,000 |
Browse Top Apartments in Loraine
See all Apartments in LoraineExplore Loraine
Loraine, TX Local Guide
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Cheapest Available Loraine Apartments for Rent and Nearby
 The cheapest available apartment rental in Loraine, TX is a 2 Beds unit found at Heritage Heights at Abilene in the Chimney Rock Area neighborhood priced from $541. Big Spring Ranch has the second lowest priced unit, which is a 1 Bed apartment currently listed from $684. Here is today’s list of the most affordable Loraine apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Heights at Abilene | B2 | 2BR,2BA | $541 |
| Big Spring Ranch | 1X1A | 1BR,1BA | $684 |
| Big Spring Village | Traditional Style - Upper | 1BR,1BA | $799 |
| Sedona Apartments | A2U | 1BR,1BA | $810 |
| Blue Sky Ranch | 2 Beds, 1 Baths | 2BR,1BA | $850 |
| Parkhill Terrace and Kentwood Apartments | Kentwood - Two bedroom/One 1/2 baths | 2BR,1BA | $850 |
| Trails End Apartments | Studio | Studio,1BA | $900 |
| Curry Junction Apartments | 1 Bed | 1BR,1BA | $1,097 |
| Trails at Big Spring | C1-50 | 3BR,2BA | $1,104 |
| Heritage Heights at Big Springs | A1-60% | 2BR,2BA | $1,142 |
Best Value Apartments for Rent in Loraine, TX and Nearby
As of August 24, 2026 the best value apartment in the Loraine area is the $1.59 price per square foot C2 Model at Bel Air Estates in the in the Chimney Rock Area neighborhood starting from $3,000. The second greatest value Loraine apartment is the The Aspen Model at Oak Manor Villas - Big Spring starting at $1,650 with a $1.26 price per square foot . Here is today’s list of the best values for Loraine apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bel Air Estates | C2 | 3BR,2BA | $1.59 |
| Oak Manor Villas - Big Spring | The Aspen | 2BR,2.5BA | $1.26 |
| Big Spring Ranch | 3X2A | 3BR,2BA | $1.06 |
| Trails at Big Spring | B1-60 | 2BR,2BA | $1.09 |
| Big Spring Village | Luxe Renovated Style - Lower | 2BR,2BA | $1.27 |
| Heritage Heights at Abilene | B2 | 2BR,2BA | $0.55 |
| Heritage Heights at Big Springs | A1-60% | 2BR,2BA | $1.16 |
| Blue Sky Ranch | 2 Beds, 1 Baths | 2BR,1BA | $1.00 |
| Parkhill Terrace and Kentwood Apartments | Kentwood - Two bedroom/One 1/2 baths | 2BR,1.5BA | $1.01 |
| Sedona Apartments | A1U | 1BR,1BA | $1.33 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Loraine, TX Rentals by Map
See the most popular apartments and homes in Loraine, TX
Frequently Asked Questions about Cheap Loraine Apartments
How much is rent for a Cheap One Bedroom Loraine Apartment?
The lowest price for a Cheap One Bedroom Loraine Apartment is $684 at Big Spring Ranch.
What is the lowest price for a Cheap Two Bedroom Loraine Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Loraine is starting from $541 at Heritage Heights at Abilene.
What is the most affordable Loraine Three Bedroom Apartment?
The best deal on a cheap Loraine Three Bedroom Apartment rental is at Trails at Big Spring and starts from $1,104.
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

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.

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.

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.

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.