
Cheap Homes for Rent in Murphy, TX from $400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Murphy.


610 Butternut Dr

5413 Brookhollow Dr

3901 William St
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.

3612 Jewel St

5507 Alexander St

3826 Jewel St

307 Waterford Dr
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.

3934 6th St
Murphy, TX Local Guide

How much does it cost to rent a home in Murphy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Murphy 2 Bedroom Homes for Rent | $1,870 | $1,450 | $2,500 |
| Murphy 3 Bedroom Homes for Rent | $2,426 | $1,800 | $2,900 |
| Murphy 4 Bedroom Homes for Rent | $2,910 | $2,150 | $5,500 |
| Murphy 5 Bedroom Homes for Rent | $4,039 | $2,950 | $5,600 |
| Murphy 6 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
Browse Top Homes for Rent in Murphy
Explore Murphy
Murphy, TX Local Guide
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Cheapest Available Murphy Apartments for Rent and Nearby
 The cheapest available apartment rental in Murphy, TX is a 1 Bed unit found at BRIO at Firewheel in the Garland neighborhood priced from $980. MAA Los Rios in the Plano neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $993. Here is today’s list of the most affordable Murphy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| BRIO at Firewheel | Crossman I | 1BR,1BA | $980 |
| MAA Los Rios | The Pinehurst | 1BR,1BA | $993 |
| Stoneleigh on Spring Creek | A1 | 1BR,1BA | $1,038 |
Best Value Apartments for Rent in Murphy, TX and Nearby
As of July 05, 2026 the best value apartment in the Murphy area is the $1.21 price per square foot Corpus Christi Renovated Model at Shiloh Park in the in the Plano neighborhood starting from $1,875. The second greatest value Murphy apartment is the C1 Model at Bachon Townhomes starting at $1,878 with a $1.38 price per square foot in the Woodbridge East neighborhood. Here is today’s list of the best values for Murphy apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shiloh Park | Corpus Christi Renovated | 2BR,2.5BA | $1.21 |
| Bachon Townhomes | C1 | 3BR,2BA | $1.38 |
| The Reve | B4 | 2BR,2BA | $1.58 |
| Parc at Wylie | B2D | 2BR,2BA | $1.57 |
| Creekside South | B2 | 2BR,2BA | $1.64 |
| The Canopy at Wylie | Model B | 2BR,1BA | $1.55 |
| Windsor Place Townhomes | 2D | 2BR,2BA | $1.57 |
| Woodlands of Plano | B2 | 2BR,2BA | $1.66 |
| Linden Ranch | 1 Bed, 1 Bath | 1BR,1BA | $1.62 |
| Clearwater Creek | A1 - REVIVE | 1BR,1BA | $1.61 |
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.
Read ArticleTop Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX
Learn about the best Dallas neighborhoods for student renters by our Dallas, TX Local Expert Tiffany Clark
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleMurphy, TX
Ranked #390
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Murphy, TX
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Murphy, TX
Frequently Asked Questions about Murphy
What type of rentals are currently available in Murphy?
There are currently 53 Apartments for Rent in Murphy, TX with pricing that ranges from $998 to $14,557. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Murphy ranging from $499 to $6,000.
What is the current price range for Rental Homes in Murphy?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Murphy ranges from $499 to $6,000 with an average monthly rent of $2,965.
How much are larger Three and Four Bedroom Rentals in Murphy?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Murphy range from $1,246 to $6,175, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $2,608.
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.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Dallas, TX
Written by: Tiffany Clark
Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX
Written by: Tiffany Clark
According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.

The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers
Written by: Tiffany Clark
Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.

An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years
Written by: Tiffany Clark
My ancestors on both sides were some of the earliest Texas settlers, and I have that big Texas pride that we Texans are famous for. While I've lived in other places, Texas always has been and always will be home.
Articles, How-To's, and Tips

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.

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.

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.

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.