
Cheap Homes for Rent in Murphy, TX from $400 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Murphy.


610 Butternut Dr

5611 Aberdeen Dr

610 Butternut Dr

610 Butternut Dr
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.

610 Butternut Dr

610 Butternut Dr

5413 Brookhollow Dr

3901 William St

3409 Jewel St
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.

5507 Alexander 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 | $1,910 | $1,375 | $2,700 |
| Murphy 3 Bedroom Homes for Rent | $2,556 | $1,800 | $2,900 |
| Murphy 4 Bedroom Homes for Rent | $3,154 | $2,450 | $5,500 |
| Murphy 5 Bedroom Homes for Rent | $3,999 | $3,050 | $5,900 |
| 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 North Garland neighborhood priced from $990. Retreat at Wylie 55+ Active Adult Apartment Homes in the Woodbridge East neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $999. 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 | $990 |
| Retreat at Wylie 55+ Active Adult Apartment Homes | E1 | Studio,1BA | $999 |
| Stoneleigh on Spring Creek | A3 | 1BR,1BA | $1,018 |
| Woodlands of Plano | A1 | 1BR,1BA | $1,059 |
| Parmore Plano | B1 | 2BR,2BA | $1,099 |
Best Value Apartments for Rent in Murphy, TX and Nearby
As of May 19, 2026 the best value apartment in the Murphy area is the $1.38 price per square foot C1 Model at Bachon Townhomes in the in the Woodbridge East neighborhood starting from $1,878. The second greatest value Murphy apartment is the Chaucer's Mansion Model at Canterbury Courts starting at $1,990 with a $1.64 price per square foot in the Ridgewood 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. |
|---|---|---|---|
| Bachon Townhomes | C1 | 3BR,2BA | $1.38 |
| Canterbury Courts | Chaucer's Mansion | 3BR,2BA | $1.64 |
| Windsor Place Townhomes | 2A | 2BR,2BA | $1.35 |
| Parc at Wylie | B2A | 2BR,2BA | $1.39 |
| Parmore Plano | B1 | 2BR,2BA | $1.43 |
| Clearwater Creek | A3 - RELAX | 1BR,1BA | $1.60 |
| Linden Ranch | 1 Bed, 1 Bath | 1BR,1BA | $1.47 |
| Creekside South | A1 | 1BR,1BA | $1.58 |
| BRIO at Firewheel | Glenbrook | 1BR,1BA | $1.62 |
| Woodlands of Plano | A1 | 1BR,1BA | $1.51 |
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 #316
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!
Explore Murphy, TX Rentals by Map
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 51 Apartments for Rent in Murphy, TX with pricing that ranges from $1,000 to $20,091. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Murphy ranging from $440 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 $440 to $6,000 with an average monthly rent of $3,034.
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 $1,195 to $6,086, 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 $2,450 and Four Bedroom Apartments start at $2,499.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.