Cheap Apartments for Rent in Masterson, TX from $400 (52 Rentals)

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

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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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.

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Patterson Place
1 to 2 Bedroom Apartments

Patterson Place

2609 Patterson DrAmarillo, TX 79109
  • 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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Creek Bend
1 to 3 Bedroom Apartments

Creek Bend

6209 Interstate 40 WAmarillo, TX 79106
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Mockingbird Apartments
1 to 3 Bedroom Apartments

Mockingbird Apartments

3500 Mockingbird LnAmarillo, TX 79109
  • Utilities Included
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Colonial Jamestown
1 to 3 Bedroom Apartments

Colonial Jamestown

3110 SW 27th AveAmarillo, TX 79109

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-50, Page 1 of 2

Masterson, TX Local Guide

Cheapest Available Masterson Apartments for Rent and Nearby

 

The cheapest available apartment rental in Masterson, TX is a 1 Bed unit found at Concord Apartments in the Plemons Historic District neighborhood priced from $655. Badger on Jackson in the Plemons Historic District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Masterson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$655
Badger on Jackson1x11BR,1BA$725
Brierwood ApartmentsD1BR,1BA$725
Hunter's Crossing Apartments1BD 1BA1BR,1BA$755
Ashton Place ApartmentsSmall One Bedroom1BR,1BA$755
Commons at St AnthonysE8Studio,1BA$765
Palo Duro Place Apartments in Amarillo TXOne Bedroom One Bath1BR,1BA$766
Mariposa Jason Avenue 55+ Apartment HomesA21BR,1BA$782
The Wellington Apartments1BD 1BA, sq ft 6701BR,1BA$790
Paramount Square Apartments2 BD 1BA - 700 sq ft2BR,1BA$795

Best Value Apartments for Rent in Masterson, TX and Nearby

As of June 09, 2026 the best value apartment in the Masterson area is the $1.06 price per square foot C3-60% Model at Reserves at Brookside in the starting from $1,262. The second greatest value Masterson apartment is the 2 bedroom 2 bathroom Model at Parks at Granite Apartments starting at $1,025 with a $0.96 price per square foot in the Soncy neighborhood. Here is today’s list of the best values for Masterson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Reserves at BrooksideC3-60%3BR,2BA$1.06
Parks at Granite Apartments2 bedroom 2 bathroom2BR,2BA$0.96
Legacy Ridge Apartments2x22BR,2BA$0.90
Town Parc at AmarilloA2-60%2BR,2BA$1.05
Mariposa Jason Avenue 55+ Apartment HomesA21BR,1BA$1.01
Paramount Square Apartments2 BD 1BA - 700 sq ft2BR,1BA$1.14
Hunter's Crossing Apartments1BD 1BA1BR,1BA$1.08
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
Brierwood ApartmentsD1BR,1BA$1.10
Badger on Jackson1x11BR,1BA$1.15

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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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 Masterson, TX Rentals by Map

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See the most popular apartments and homes in Masterson, TX

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Frequently Asked Questions about Cheap Masterson Apartments

What is the Cheapest Studio apartment in Masterson?

Currently the most affordable Cheap Studio Apartment in Masterson is at Commons at St Anthonys listed at $765.

How much is rent for a Cheap One Bedroom Masterson Apartment?

The lowest price for a Cheap One Bedroom Masterson Apartment is $655 at Concord Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Masterson is starting from $795 at Paramount Square Apartments.

What is the most affordable Masterson Three Bedroom Apartment?

The best deal on a cheap Masterson 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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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.