Cheap Apartments for Rent in the Downtown Palestine Neighborhood of Palestine, TX from $500 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Downtown Palestine area of Palestine.

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.

close
View Me
Parkview Apartments
1 to 2 Bedroom Apartments

Parkview Apartments

222 S Church StPalestine, TX 75801
  • Utilities Included
close
View Me
Woodside Village
1 to 4 Bedroom Apartments

Woodside Village

2020 Martin Luther King Jr BlvdPalestine, TX 75803
close
View Me
811 N Cedar St
1 to 2 Bedroom Apartments

811 N Cedar St

811 N Cedar StPalestine, TX 75801
close
View Me
110-114 W Dallas St
1 to 2 Bedroom Apartments

110-114 W Dallas St

110-114 W Dallas StPalestine, TX 75801
close
View Me
1301 Court Dr
Studio Apartments

1301 Court Dr

1301 Court DrPalestine, TX 75803
close
View Me
301 E Angelina St
2 Bedroom Apartments

301 E Angelina St

301 E Angelina StPalestine, TX 75801

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.

Downtown Palestine, Palestine, TX Local Guide

Cheapest Available Downtown Palestine Apartments for Rent

 

The cheapest available apartment rental in the Downtown Palestine area of Palestine, TX is a 1 Bed unit found at Inwood Place priced from $775. Reserve at Palestine has the second lowest priced unit, which is a 1 Bed apartment currently listed from $839. Here are the most affordable Downtown Palestine apartments for rent in Palestine, TX:

Apartment ListingModel NameBed/BathPriced From
Inwood PlaceInwood-1BR1BInwood Place1BR,1BA$775
Reserve at Palestine1 Bedroom1BR,1BA$839
Timbercrest Apartments1 Bed, 1 Bath - A1BR,1BA$900
Willow Creek ApartmentsA11BR,1BA$1,236
Overlook PalestineB12BR,1BA$1,325

Best Value Apartments for Rent in Downtown Palestine, TX

As of October 17, 2025 the best value apartment in the Downtown Palestine area is the $1.24 price per square foot B2 Model at Overlook Palestine in the in the Downtown Palestine neighborhood starting from $1,411. The second greatest value Downtown Palestine apartment is the Inwood-2BR2BInwood Place Model at Inwood Place starting at $1,295 with a $1.46 price per square foot in the Downtown Palestine neighborhood. Here is today’s list of the best values for Downtown Palestine apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Overlook PalestineB22BR,2BA$1.24
Inwood PlaceInwood-2BR2BInwood Place2BR,2BA$1.46
Reserve at Palestine1 Bedroom1BR,1BA$1.25
Timbercrest Apartments1 Bed, 1 Bath - A1BR,1BA$1.44
Willow Creek ApartmentsA11BR,1BA$2.25

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 Article
Decorative imageDecorative image

The 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 Article
Decorative imageDecorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Palestine, Palestine, TX

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Downtown Palestine Apartments

How much is rent for a Cheap One Bedroom Downtown Palestine Apartment?

The lowest price for a Cheap One Bedroom Downtown Palestine Apartment is $775 at Inwood Place.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Palestine is starting from $998 at Reserve at Palestine.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.