Cheap Apartments for Rent in Mineral Wells, TX from $500 (44 Rentals)

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

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Royal Gardens Mineral Wells
1 to 2 Bedroom Apartments

Royal Gardens Mineral Wells

1500 SE Martin Luther King Jr StMineral Wells, TX 76067
Senior Living
  • Utilities Included
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Parkwood Apartments
1 to 2 Bedroom Apartments

Parkwood Apartments

2901 NE 2nd StMineral Wells, TX 76067
  • Utilities Included
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Sandstone Foothills
Studio to 1 Bedroom Apartments

Sandstone Foothills

402 Brazos DrMineral Wells, TX 76067
Senior Living
  • Utilities Included

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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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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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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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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Azle Creek Apartments
Studio to 3 Bedroom Apartments

Azle Creek Apartments

514-527 W Main StAzle, TX 76020
  • Utilities Included
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4324 Tin Top Rd
Studio to 2 Bedroom Apartments

4324 Tin Top Rd

4324 Tin Top RdWeatherford, TX 76087
  • Utilities Included

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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Olympus Hudson Oaks
1 to 3 Bedroom Apartments

Olympus Hudson Oaks

900 Cinema DrHudson Oaks, TX 76087
Corporate Housing
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Mineral Wells, TX Local Guide

Cheapest Neighborhoods for Apartments in Mineral Wells, TX

Pricing Updated: 08/01/2026

Current apartment rentals in the Mineral Wells, TX area range in price from $562 to $1,475 with an overall median price of $1,025. Here is today’s list neighborhoods with the lowest median pricing for Mineral Wells Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Mineral Wells$1,025$5626

Cheapest Available Mineral Wells Apartments for Rent

 

The cheapest available apartment rental in Mineral Wells, TX is a 1 Bed unit found at Cedar View Apartments in the Downtown Mineral Wells neighborhood priced from $562. The Peaks Townhomes in the Downtown Mineral Wells neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Mineral Wells apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar View Apartments1 Bed/ 1 Bath1BR,1BA$562
The Peaks Townhomes1/11BR,1BA$875
The DaltonOne Bedroom/One Bath1BR,1BA$925
Crestwood ApartmentsLoft1BR,1BA$1,020
Ten Fourteen at Waco St1 bed/ 1 bath1BR,1BA$1,025
Lakeshore ApartmentsWaterfront 1 Bedroom1BR,1BA$1,055
Pearl Street Townhomes2 Bedrooms/1.5 Bath2BR,1BA$1,125
Modera WalshA011BR,1BA$1,139
Lake Villas ApartmentsA21BR,1BA$1,140
Reata West ApartmentsA11BR,1BA$1,170

Best Value Apartments for Rent in Mineral Wells, TX

As of August 01, 2026 the best value apartment in the Mineral Wells area is the $1.21 price per square foot Juniper Model at Willow Crossing Townhomes in the in the Willow Wood neighborhood starting from $2,368. The second greatest value Mineral Wells apartment is the 2 Bed / 2 Bath+Garage Model at 112 Obrien Ct starting at $1,495 with a $0.93 price per square foot in the Downtown Weatherford neighborhood. Here is today’s list of the best values for Mineral Wells apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Willow Crossing TownhomesJuniper4BR,2.5BA$1.21
112 Obrien Ct2 Bed / 2 Bath+Garage2BR,2BA$0.93
Westwind Manor2 Bed / 2 Bath2BR,2BA$1.00
Pearl Street Townhomes2 Bedrooms/1.5 Bath2BR,1.5BA$0.95
Woodhaven VillasUpstairs Villa3BR,2BA$1.36
Cedar View Apartments2 Bed/ 1 Bath2BR,1BA$1.08
Cypress View Villas ApartmentsB1602BR,2BA$1.35
Lakeshore ApartmentsWaterfront 1 Bedroom1BR,1BA$1.24
Ten Fourteen at Waco St1 bed/ 1 bath1BR,1BA$1.37
The Peaks Townhomes1/11BR,1BA$1.35

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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Quick Rent Budget Calculator

How much rent can you afford?

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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Pet Friendly Lifestyle
Mineral Wells, TX

Ranked #416

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Mineral Wells, TX

School data provided by Great Schools

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

Explore Mineral Wells, TX Rentals by Map

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See the most popular apartments and homes in Mineral Wells, TX

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Frequently Asked Questions about Cheap Mineral Wells Apartments

How much is rent for a Cheap One Bedroom Mineral Wells Apartment?

The lowest price for a Cheap One Bedroom Mineral Wells Apartment is $562 at Cedar View Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Mineral Wells is starting from $1,050 at Cedar View Apartments.

What is the most affordable Mineral Wells Three Bedroom Apartment?

The best deal on a cheap Mineral Wells Three Bedroom Apartment rental is at Crestwood Apartments and starts from $1,425.

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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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.

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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.

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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.