Cheap Apartments for Rent near Merit, TX from $400 (59 Rentals)

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

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Buffalo Run
Rent Specials
$934 - $1,387
Total Monthly Price

Total Monthly Price

Base Rent
$934 - $1,387
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Buffalo Run

520 2nd St SPrinceton, TX 75407
Affordability
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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.

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The Starling
Rent Specials
$1,090 - $10,372
Total Monthly Price

Total Monthly Price

Base Rent
$1,090 - $10,372
Total Monthly Price
$1,090 - $10,372
1 to 3 Bedroom Apartments Available Now

The Starling

149 Princeton CrossroadPrinceton, TX 75407
Affordability
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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.

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FarmHouse121
Rent Specials
$1,200 - $2,140
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $2,140
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

FarmHouse121

3320 Sam Rayburn HwyMelissa, TX 75454
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Prose Stoneridge
Rent Specials
$1,241 - $2,076
Total Monthly Price

Total Monthly Price

Base Rent
$1,241 - $2,076
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Prose Stoneridge

2911 Central ExpyMelissa, TX 75454
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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.

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Casitas at Elevon
Rent Specials
$1,455 - $2,387
Total Monthly Price

Total Monthly Price

Base Rent
$1,455 - $2,387
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Casitas at Elevon

445 Elevon PkyLavon, TX 75166
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Yardly Elevon
Rent Specials
$1,537 - $1,923
Total Monthly Price

Total Monthly Price

Base Rent
$1,537 - $1,923
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Yardly Elevon

200 Villas DrLavon, TX 75166
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Gala at Melissa
1 to 2 Bedroom Apartments

Gala at Melissa

2730 E Melissa RdMelissa, TX 75454
Senior Living
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380 Villas
Studio to 3 Bedroom Apartments

380 Villas

1101 N Throckmorton StMcKinney, TX 75069
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Provision at Melissa
1 to 3 Bedroom Apartments

Provision at Melissa

2650 E Melissa RdMelissa, TX 75454
  • Utilities Included

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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Stone Ridge Apartments
Studio to 2 Bedroom Apartments

Stone Ridge Apartments

6002 Stonewall StGreenville, TX 75402
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The Ridge Apartments
Studio to 2 Bedroom Apartments

The Ridge Apartments

5015 Joe Ramsey BlvdGreenville, TX 75401
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Buffalo Ridge
1 to 2 Bedroom Apartments

Buffalo Ridge

133 S 4th StPrinceton, TX 75407
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Whitewing Flats
1 to 3 Bedroom Apartments

Whitewing Flats

600 W Monte Carlo BlvdPrinceton, TX 75407

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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Merit, TX Local Guide

Cheapest Available Merit Apartments for Rent and Nearby

 

The cheapest available apartment rental in Merit, TX is a 1 Bed unit found at Provision at Melissa in the Villages of Melissa neighborhood priced from $720. Grand at Anna in the West Crossing neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $957. Here is today’s list of the most affordable Merit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Provision at MelissaA1-501BR,1BA$720
Grand at AnnaE1Studio,1BA$957
Gardens at Greenville - ALL BILLS PAIDOne Bedroom1BR,1BA$995
Solarium1 Bedroom 1 Bathroom - A11BR,1BA$999
Ranchview TownhomesB2TH 2x2 Townhome2BR,2BA$1,042
The WhitleyA1P1BR,1BA$1,049
The StarlingA1P1BR,1BA$1,090
Villas Of Greenville 55+ Community1 Bedroom, 1 Bath (60%)1BR,1BA$1,091
Deer Park1 Bedroom1BR,1BA$1,095
Deer Run Apartments1.11BR,1BA$1,095

Best Value Apartments for Rent in Merit, TX and Nearby

As of July 30, 2026 the best value apartment in the Merit area is the $1.27 price per square foot Jefferson Model at The Townhomes at Monticello in the in the Forest Grove neighborhood starting from $2,500. The second greatest value Merit apartment is the Elevate 3 x 2 Model at Oxenfree Princeton starting at $1,848 with a $1.47 price per square foot in the Forest Grove neighborhood. Here is today’s list of the best values for Merit apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Townhomes at MonticelloJefferson3BR,3.5BA$1.27
Oxenfree PrincetonElevate 3 x 23BR,2BA$1.47
Majors PlaceThe Cameron3BR,2BA$1.22
Whitewing Flats2B2BR,2BA$1.10
Ranchview TownhomesC2TH 3x2 Townhome3BR,2.5BA$1.29
101 Traders Rd2 Bed, 2 Bath2BR,2BA$1.20
Jackson Manor Townhomes2 bed x 1 bath2BR,1BA$1.46
Deer Park1 Bedroom1BR,1BA$1.29
Deer Run Apartments1.11BR,1BA$1.29
Villas Of Greenville 55+ Community1 Bedroom, 1 Bath (60%)1BR,1BA$1.45

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

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Frequently Asked Questions about Cheap Merit Apartments

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

The lowest price for a Cheap One Bedroom Merit Apartment is $720 at Provision at Melissa.

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

Today's best deal for a Cheap Two Bedroom Apartment in Merit is starting from $1,199 at The Whitley.

What is the most affordable Merit Three Bedroom Apartment?

The best deal on a cheap Merit Three Bedroom Apartment rental is at Ranchview Townhomes and starts from $1,504.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.