Cheap Apartments for Rent in Loraine, TX from $400 (11 Rentals)

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

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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La Posada Apartments
1 to 2 Bedroom Apartments

La Posada Apartments

4100 Brick Plant RdSnyder, TX 79549
  • Utilities Included

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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Sunset Villas
1 to 2 Bedroom Apartments

Sunset Villas

657 Ruidosa AveAbilene, TX 79605
  • Smoke Free

Loraine, TX Local Guide

Cheapest Available Loraine Apartments for Rent and Nearby

 

The cheapest available apartment rental in Loraine, TX is a 1 Bed unit found at Parkhill Terrace and Kentwood Apartments priced from $770. Newport Village in the Chimney Rock Area neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Loraine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkhill Terrace and Kentwood ApartmentsKentwood - One Bedroom/One Bath1BR,1BA$770
Newport VillageThe Andover1BR,1BA$800
Sedona ApartmentsA2U1BR,1BA$810
Trails at Big SpringB12BR,2BA$839
Mustang Heights2 Bedroom2BR,2BA$892

Best Value Apartments for Rent in Loraine, TX and Nearby

As of September 06, 2025 the best value apartment in the Loraine area is the $1.33 price per square foot The Aspen Model at Oak Manor Villas - Big Spring in the starting from $1,750. The second greatest value Loraine apartment is the 3 Bedroom Model at The Grand at Buffalo Run starting at $1,650 with a $1.38 price per square foot in the North College neighborhood. Here is today’s list of the best values for Loraine apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oak Manor Villas - Big SpringThe Aspen2BR,2.5BA$1.33
The Grand at Buffalo Run3 Bedroom3BR,3BA$1.38
Mustang Heights2 Bedroom2BR,2BA$0.89
Heritage Heights at AbileneB2-60%2BR,2BA$1.10
Big Spring VillageLuxe 1 Bedroom 1 Bathroom1BR,1BA$1.47
Suites @ Big Spring2 Bedroom, 1 Bathoom2BR,1BA$1.30
Trails at Big SpringA11BR,1BA$1.20
Parkhill Terrace and Kentwood ApartmentsKentwood - Two Bedroom/One Bath2BR,1BA$1.26
Sedona ApartmentsA1U1BR,1BA$1.33
Newport VillageThe Andover1BR,1BA$1.57

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

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Getting Around Loraine, TX

Walk Score®

4 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

24 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $770 at Parkhill Terrace and Kentwood Apartments.

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 $825 at Parkhill Terrace and Kentwood Apartments.

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 $940.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.