
Cheap Homes for Rent in Murphy, TX from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Murphy.


5611 Aberdeen Dr

5610 Brookview Ct

1518 Rockshire Dr

3908 William 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.

2321 Shinnery Oak Dr

3125 Tina St

3917 Lillie St

3100 Admiral Dr

1733 Crystal Way
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.

4005 Ridge Rock Dr
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 | $1,672 | $1,150 | $2,195 |
| Murphy 3 Bedroom Homes for Rent | $2,310 | $1,469 | $2,850 |
| Murphy 4 Bedroom Homes for Rent | $2,960 | $2,300 | $4,000 |
| Murphy 5 Bedroom Homes for Rent | $3,985 | $2,900 | $7,000 |
| Murphy 6 Bedroom Homes for Rent | $3,447 | $3,395 | $3,500 |
Browse Top Homes for Rent in Murphy
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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 $1,025. Parmore Plano in the Royal Oaks neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,057. Here is today’s list of the most affordable Murphy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| BRIO at Firewheel | Rosehill | 1BR,1BA | $1,025 |
| Parmore Plano | A2 | 1BR,1BA | $1,057 |
| The Adriane | B1 | 2BR,2BA | $1,074 |
| Seven Oaks | A1-Coventry | 1BR,1BA | $1,075 |
| Stoneleigh on Spring Creek | A1 | 1BR,1BA | $1,080 |
Best Value Apartments for Rent in Murphy, TX and Nearby
As of January 01, 2026 the best value apartment in the Murphy area is the $1.24 price per square foot Arlington Renovated Model at Shiloh Park in the in the Royal Oaks neighborhood starting from $2,000. The second greatest value Murphy apartment is the ANSI Model at Bachon Townhomes starting at $1,878 with a $1.45 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 | Arlington Renovated | 3BR,2BA | $1.24 |
| Bachon Townhomes | ANSI | 3BR,2BA | $1.45 |
| Windsor Place Townhomes | 2A | 2BR,2BA | $1.27 |
| Meridian at Wylie - 55+ Affordable Apartments | Verbena | 2BR,2BA | $1.45 |
| Clearwater Creek | A5 - RENEW | 2BR,1BA | $1.51 |
| Linden Ranch | 1 Bed, 1 Bath | 1BR,1BA | $1.51 |
| Retreat at Spring Park | A1 | 1BR,1BA | $1.65 |
| The Adriane | A1 | 1BR,1BA | $1.52 |
| Parmore Plano | A1 | 1BR,1BA | $1.51 |
| Seven Oaks | A1-Coventry | 1BR,1BA | $1.63 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleMurphy, TX
Ranked #236
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 46 Apartments for Rent in Murphy, TX with pricing that ranges from $1,025 to $5,880. There are also 112 Single Family Homes for rent, Condos, and Townhome rentals currently available in Murphy ranging from $750 to $7,000.
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 $750 to $7,000 with an average monthly rent of $2,524.
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 $1,789 to $3,739, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,469 to $2,850. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,753.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!