Cheap Homes for Rent in Masterson, TX from $500 (12 Rentals)

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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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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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Masterson, TX Local Guide

Cheapest Available Masterson Apartments for Rent and Nearby

 

The cheapest available apartment rental in Masterson, TX is a Studio unit found at The Parks at Granite Apartments in the Soncy neighborhood priced from $625. 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 ListingModel NameBed/BathPriced From
The Parks at Granite Apartments0 bedroom 1 bathroomStudio,1BA$625
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$655
North Grand Villas2B60-22BR,2BA$659
CROSS TIMBERS AT GRAND STREETA11BR,1BA$668
Rock Island ApartmentsRoute 66 | ClassicStudio,1BA$700

Best Value Apartments for Rent in Masterson, TX and Nearby

As of June 26, 2025 the best value apartment in the Masterson area is the $0.72 price per square foot 3B60-2 Model at North Grand Villas in the in the Dumas Junction neighborhood starting from $916. The second greatest value Masterson apartment is the Three Bedroom Model at Cathy's Pointe Apartments starting at $1,160 with a $1.04 price per square foot in the Dumas Junction 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.
North Grand Villas3B60-23BR,2BA$0.72
Cathy's Pointe ApartmentsThree Bedroom3BR,2BA$1.04
Town Parc at AmarilloA2-60%2BR,2BA$1.05
Country Club2 Bedrooms, 1.5 Bathrooms2BR,1.5BA$0.88
The Reserves at High Plains2 Beds, 2 baths2BR,2BA$0.95
The Reserves at Brookside2 bed/2 bath2BR,2BA$1.02
Hunter's Crossing Apartments1BD 1BA1BR,1BA$1.02
Concord Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
Brierwood ApartmentsD1BR,1BA$1.10
CROSS TIMBERS AT GRAND STREETA11BR,1BA$1.07

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Frequently Asked Questions about Masterson

What type of rentals are currently available in Masterson?

There are currently 39 Apartments for Rent in Masterson, TX with pricing that ranges from $392 to $2,990. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Masterson ranging from $595 to $2,150.

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 $595 to $2,150 with an average monthly rent of $1,100.

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 $447 to $1,613, while Three Bedroom Homes, Condos, and Townhomes for rent range from $880 to $2,150. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $857.

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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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.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.