Cheap Apartments for Rent in Monahans, TX from $400 (51 Rentals)

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

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Pecan Place Apartments
1 to 2 Bedroom Apartments

Pecan Place Apartments

1113 S Betty AveMonahans, TX 79756
  • Utilities Included
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Villa Apartment
1 to 2 Bedroom Apartments

Villa Apartment

1500 S Calvin AveMonahans, TX 79756
  • 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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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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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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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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Alturas Penbrook
1 to 2 Bedroom Apartments

Alturas Penbrook

3965 Penbrook StOdessa, TX 79762
Corporate Housing
  • Utilities Included
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High Plains
1 to 2 Bedroom Apartments

High Plains

3727 Andrews HwyOdessa, TX 79762
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Acacia Park
1 to 2 Bedroom Apartments

Acacia Park

4775 Oakwood DrOdessa, TX 79761
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Village Place
1 to 4 Bedroom Apartments

Village Place

1220 Adams AveOdessa, TX 79761
Corporate Housing
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The Laurel Condos
1 to 2 Bedroom Apartments

The Laurel Condos

600 Dotsy AveOdessa, TX 79763
Corporate Housing
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

Monahans, TX Local Guide

Cheapest Available Monahans Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monahans, TX is a 1 Bed unit found at Westwood Square priced from $799. Sunset has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Monahans apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westwood SquareOne Bedroom Apartment Home1BR,1BA$799
Sunset1 Bedroom Apartment Home1BR,1BA$799
Arbor OaksAO-33BR,2BA$824
Mission Village of Pecos1 Bed, 1 bath1BR,1BA$856
Alturas Eleventh1 BR x 1 BA1BR,1BA$869
Westwinds Village1/1, 519 sq ft1BR,1BA$875
Olivo Square Apartments1 BED | 1 BATH1BR,1BA$895
Pebblebend ApartmentsAU1BR,1BA$899
Trestles CondominiumsOne Bedroom1BR,1BA$900
Madison Square1 Bedroom Apartment Home1BR,1BA$925

Best Value Apartments for Rent in Monahans, TX and Nearby

As of June 15, 2026 the best value apartment in the Monahans area is the $1.30 price per square foot Two Bedroom Townhome Model at Country Crest Townhomes in the starting from $1,460. The second greatest value Monahans apartment is the AO-2 Model at Arbor Oaks starting at $1,159 with a $1.07 price per square foot . Here is today’s list of the best values for Monahans apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Country Crest TownhomesTwo Bedroom Townhome2BR,1.5BA$1.30
Arbor OaksAO-22BR,2BA$1.07
Mission Village of Monahans2 Bedroom2BR,1BA$0.97
Arbor Terrace TownhomesB2BR,2BA$1.17
Garden ApartmentsTwo Bedroom2BR,1BA$1.36
Cimarron Place ApartmentsC1BR,1BA$1.30
Mission Village of Pecos1 Bed, 1 bath1BR,1BA$1.14
Fairgreen1x11BR,1BA$1.31
Cru1Bed 1Bath1BR,1BA$1.29
Westwood SquareOne Bedroom Apartment Home1BR,1BA$1.10

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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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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Monahans, TX

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

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Frequently Asked Questions about Cheap Monahans Apartments

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

The lowest price for a Cheap One Bedroom Monahans Apartment is $799 at Westwood Square.

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

Today's best deal for a Cheap Two Bedroom Apartment in Monahans is starting from $925 at Sunset.

What is the most affordable Monahans Three Bedroom Apartment?

The best deal on a cheap Monahans Three Bedroom Apartment rental is at Arbor Oaks and starts from $824.

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.