
Cheap Homes for Rent near Masterson, TX from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Masterson.


1506 SW 11th Ave

103 Estireno St

501 Dolomita St

913 S Louisiana St
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.

3916 Line

207 N Florida St

106 N Virginia St

1209 SW 20th Ave

901 N Maryland St
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.

4229 SW 2nd Ave

2005 N Manhattan St

8405 N U.s. 287

314 S Kentucky St

1112 NW 21st Ave
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.
Masterson, TX Local Guide

How much does it cost to rent a home in Masterson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Masterson 2 Bedroom Homes for Rent | $1,103 | $850 | $1,850 |
| Masterson 3 Bedroom Homes for Rent | $1,378 | $1,000 | $1,950 |
| Masterson 4 Bedroom Homes for Rent | $2,298 | $1,075 | $4,000 |
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Masterson, TX Local Guide
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Cheapest Available Masterson Apartments for Rent and Nearby
 The cheapest available apartment rental in Masterson, TX is a 1 Bed unit found at The Larsson in the Plemons Historic District neighborhood priced from $455. Concord Apartments in the Downtown Amarillo neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $655. Here is today’s list of the most affordable Masterson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Larsson | 1/1.00 | 1BR,1BA | $455 |
| Concord Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $655 |
| Parks at Granite Apartments | 1 bedroom 1 bathroom | 1BR,1BA | $707 |
| Brierwood Apartments | D | 1BR,1BA | $725 |
| Badger on Jackson | 1x1 | 1BR,1BA | $725 |
Best Value Apartments for Rent in Masterson, TX and Nearby
As of July 23, 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 2x2 Model at Legacy Ridge Apartments starting at $950 with a $0.90 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Reserves at Brookside | C3-60% | 3BR,2BA | $1.06 |
| Legacy Ridge Apartments | 2x2 | 2BR,2BA | $0.90 |
| Mariposa Jason Avenue 55+ Apartment Homes | A2 | 1BR,1BA | $1.01 |
| The Larsson | 2/2.00 | 2BR,2BA | $0.95 |
| El Centro | 1 Bed, 1 bath | 1BR,1BA | $1.14 |
| Paramount Square Apartments | 2 BD 1BA - 700 sq ft | 2BR,1BA | $1.14 |
| Hunter's Crossing Apartments | 1BD 1BA | 1BR,1BA | $1.08 |
| Concord Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $0.95 |
| Brierwood Apartments | D | 1BR,1BA | $1.10 |
| Badger on Jackson | 1x1 | 1BR,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.
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Masterson
What type of rentals are currently available in Masterson?
There are currently 48 Apartments for Rent in Masterson, TX with pricing that ranges from $427 to $1,753. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Masterson ranging from $575 to $4,000.
What is the current price range for Rental Homes in Masterson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Masterson ranges from $575 to $4,000 with an average monthly rent of $1,374.
How much are larger Three and Four Bedroom Rentals in Masterson?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Masterson range from $488 to $1,753, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $1,950. Four Bedroom Single-Family rentals are also available starting from $1,075 and Four Bedroom Apartments start at $907.
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.

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.