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

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Buffalo Run
$953 - $1,015
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$953 - $1,015
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1 to 2 Bedroom Apartments Available Now

Buffalo Run

520 2nd St SPrinceton, TX 75407
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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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FarmHouse121
Rent Specials
$1,200 - $2,121
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$1,200 - $2,121
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Studio to 2 Bedroom Apartments Available Now

FarmHouse121

3320 Sam Rayburn HwyMelissa, TX 75454
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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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Prose Stoneridge
Rent Specials
$1,291 - $2,101
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$1,291 - $2,101
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1 to 2 Bedroom Apartments Available Now

Prose Stoneridge

2911 Central ExpyMelissa, TX 75454
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Casitas at Elevon
Rent Specials
$1,435 - $2,029
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$1,435 - $2,029
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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
$1,478 - $1,918
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$1,478 - $1,918
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1 to 2 Bedroom Apartments Available Now

Yardly Elevon

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

Gala at Melissa

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

380 Villas

808 Throckmorton StMcKinney, TX 75069
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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

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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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 Greenville Court in the Ardis Heights neighborhood priced from $811. Buffalo Run in the Forest Grove neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $953. Here is today’s list of the most affordable Merit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Greenville CourtStandard1BR,1BA$811
Buffalo Run2 Bedroom 1 Bath2BR,1BA$953
Provision at MelissaA1-501BR,1BA$994
Gardens at Greenville - ALL BILLS PAIDOne Bedroom1BR,1BA$995
Grand at AnnaE11BR,1BA$1,009
Villas Of Greenville 55+ Community1 Bedroom, 1 Bath (60%)1BR,1BA$1,025
The StarlingA2P1BR,1BA$1,035
Buffalo Ranch ApartmentsB-12BR,1BA$1,036
The WhitleyA1P/A1AP1BR,1BA$1,049
Ascend At ElevonA11BR,1BA$1,073

Best Value Apartments for Rent in Merit, TX and Nearby

As of June 15, 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 TH1 Model at Townhomes at Princeton Meadows starting at $1,899 with a $1.16 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
Townhomes at Princeton MeadowsTH13BR,2.5BA$1.16
Whitewing Flats3A3BR,2BA$1.13
Ranchview TownhomesB2TH 2x2 Townhome2BR,2BA$1.22
101 Traders Rd2 Bed, 2 Bath2BR,2BA$1.29
Solarium2 Bedroom 2 Bathroom - B12BR,2BA$1.31
Deer Run Apartments1.11BR,1BA$1.29
Buffalo Ranch ApartmentsB-12BR,1BA$1.22
Deer Park1 Bedroom1BR,1BA$1.29
Villas Of Greenville 55+ Community1 Bedroom, 1 Bath (60%)1BR,1BA$1.37

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 $811 at Greenville Court.

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 $939 at Greenville Court.

What is the most affordable Merit Three Bedroom Apartment?

The best deal on a cheap Merit Three Bedroom Apartment rental is at The Starling and starts from $1,638.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.