
Cheap Apartments for Rent near Panola, TX from $550 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in Panola.


Fox Trail Apartments

South Pointe Apartments

Tiffany Square Apartments

Lifestyle on Golf Links

The Creole

Salem Village

Colony Square

Villa Del Lago Apartments

Riverdale
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Ashford Park - Bedford Park

River Oaks Apartments

Towers at Cross Lake

Westwood Village Apartments

Country Club Place

Lifestyle on Pines Rd

Cedar Creek Village

Country Crossing Apartments

The Encore on Kingston

Castlewood Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Ashton Pines

Summer Pointe Apartments

The Marq

Nantucket Harbor

Seasons Apartments

The Landmark Apartments

Lifestyle at Lakeshore

Aspen Apartments Shreveport, LA

Hillside Apartments

Southwood Village
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.

Cross Lake Apartments

Bayou Pointe Subdivision

Village at Westlake

The Arbors

2943 Amherst St

Foxborough Cove

3826 Huston St

5213 Ellison St

6418 Quilen Blvd

310 Randolph 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.

3031 W Bert Kouns Industrial Loop

3832 Claiborne Ave

2840 Mackey Ln

Harvest Creek

Residences of SpringRidge

6841 Klug Pines Rd

8527 Edgewood Pl

233 Storey Dr

9113 Laurie Ln

8006 Hobbs 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.
Panola, TX Local Guide

How much does it cost to rent an apartment in Panola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Panola Studio Apartments | $675 | $613 | $750 |
| Panola 1 Bedroom Apartments | $850 | $550 | $1,370 |
| Panola 2 Bedroom Apartments | $1,007 | $695 | $1,680 |
| Panola 3 Bedroom Apartments | $1,136 | $872 | $1,570 |
| Panola 4 Bedroom Apartments | $1,276 | $1,152 | $1,400 |
Browse Top Apartments in Panola
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Panola, TX Local Guide
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Cheapest Available Panola Apartments for Rent and Nearby
 The cheapest available apartment rental in Panola, TX is a 1 Bed unit found at HIDDEN COVE in the W Outlying Caddo Parish neighborhood priced from $550. Lifestyle on Golf Links in the Westwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Panola apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| HIDDEN COVE | 1 Bedroom, 1 Bath | 1BR, 1BA | $550 |
| Lifestyle on Golf Links | 1 Bed 1 Bath | 1BR, 1BA | $625 |
| The Creole | Magnolia | 1BR, 1BA | $680 |
| Salem Village | Calliope | 1BR, 1BA | $695 |
| Colony Square | 1BR/1.0BA | 1BR, 1BA | $700 |
| Riverdale | 1 Bedroom | 1BR, 1BA | $705 |
| River Oaks Apartments | Studio | Studio, 1BA | $725 |
| Fox Trail Apartments | Natchez | 1BR, 1BA | $726 |
| Lifestyle on Pines Rd | 1 Bed 1 Bath | 1BR, 1BA | $750 |
| The Encore on Kingston | 1/1 645 SF | 1BR, 1BA | $785 |
Best Value Apartments for Rent in Panola, TX and Nearby
As of September 23, 2026 the best value apartment in the Panola area is the $0.72 price per square foot Pointe Manor Model at Towers at Cross Lake in the Mooretown and Hollywood Heights neighborhood starting from $950. The second greatest value Panola apartment is the Willow Model at South Pointe Apartments in the Westwood neighborhood starting at $872 with a $0.68 price per square foot. Here is today’s list of the best values for Panola apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Towers at Cross Lake | Pointe Manor | 2BR, 2BA | $0.72 |
| South Pointe Apartments | Willow | 3BR, 2BA | $0.68 |
| Cedar Creek Village | 2 Bed 1 Bath - Premium | 2BR, 1BA | $0.89 |
| Cross Lake Apartments | Penthouse - Pond View | 2BR, 2BA | $1.02 |
| Villa Del Lago Apartments | 2BR/2.0BA | 2BR, 2BA | $0.79 |
| Fox Trail Apartments | Baton Rouge | 2BR, 1BA | $0.83 |
| Colony Square | 2BR/2.0BA | 2BR, 2BA | $0.95 |
| Riverdale | 1 Bedroom | 1BR, 1BA | $0.98 |
| The Creole | Magnolia | 1BR, 1BA | $0.99 |
| Lifestyle on Golf Links | 1 Bed 1 Bath | 1BR, 1BA | $0.95 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Panola, TX Rentals by Map
See the most popular apartments and homes in Panola, TX
Frequently Asked Questions about Cheap Panola Apartments
How much is rent for a Cheap One Bedroom Panola Apartment?
The lowest price for a Cheap One Bedroom Panola Apartment is $550 at HIDDEN COVE.
What is the lowest price for a Cheap Two Bedroom Panola Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Panola is starting from $695 at HIDDEN COVE.
What is the most affordable Panola Three Bedroom Apartment?
The best deal on a cheap Panola Three Bedroom Apartment rental is at South Pointe Apartments and starts from $872.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.