Cheap Apartments for Rent in Petersburg, TX from $300 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in Petersburg.

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.

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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.

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Cash 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.

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Olympian Apartments
Studio to 2 Bedroom Apartments

Olympian Apartments

1701-1703 Peoria AveLubbock, TX 79416
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Nomad Apartments
1 to 2 Bedroom Apartments

Nomad Apartments

2101 16th StLubbock, TX 79401

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.

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Showing Results 1-35, Page 1 of 1

Petersburg, TX Local Guide

Cheapest Available Petersburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Petersburg, TX is a 1 Bed unit found at Crown Ridge Apartments in the East Lubbock neighborhood priced from $525. The Heritage Apartments in the North Lubbock neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $529. Here is today’s list of the most affordable Petersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crown Ridge Apartments1 Bedroom1BR,1BA$525
The Heritage ApartmentsOne Bedroom/One Bath1BR,1BA$529
Cottonwood Apartments1/11BR,1BA$615
The QueE1Studio,1BA$625
Mary Jane ApartmentsStudio ApartmentStudio,1BA$650
Madison ParkOne Bedroom1BR,1BA$653
EmoryA21BR,1BA$674
The Jackson ApartmentsLimited-Time Special: Receive One Month Free Re...1BR,1BA$700
Indiana VillageA11BR,1BA$710
Inn Town Lofts1 bed 672sf1BR,1BA$716

Best Value Apartments for Rent in Petersburg, TX and Nearby

As of May 23, 2026 the best value apartment in the Petersburg area is the $0.97 price per square foot 3 Bedroom Duplex **STAINLESS STEEL APPLIANCES**... Model at Dimora Village in the in the Northridge neighborhood starting from $1,325. The second greatest value Petersburg apartment is the Redwood Model at Cypress Grove starting at $1,275 with a $1.06 price per square foot in the North Lubbock neighborhood. Here is today’s list of the best values for Petersburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Dimora Village3 Bedroom Duplex **STAINLESS STEEL APPLIANCES**...3BR,3BA$0.97
Cypress GroveRedwood3BR,2BA$1.06
Wildwood Lubbock2BR/2BA - Flat2BR,2BA$0.78
Stratford Place2BD 2BA - Some Electic Included2BR,2BA$0.95
The Heritage ApartmentsTwo Bedroom/Two Bath2BR,2BA$0.94
Elliston Commons3 Bedroom3BR,1BA$0.99
Raiders WalkB1 Floor Plan2BR,2BA$0.68
Plainview ApartmentsB22BR,1BA$1.00
Crown Ridge Apartments1 Bedroom1BR,1BA$0.85
Madison ParkOne Bedroom1BR,1BA$1.07

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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Petersburg, TX Rentals by Map

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Frequently Asked Questions about Cheap Petersburg Apartments

What is the Cheapest Studio apartment in Petersburg?

Currently the most affordable Cheap Studio Apartment in Petersburg is at The Que listed at $625.

How much is rent for a Cheap One Bedroom Petersburg Apartment?

The lowest price for a Cheap One Bedroom Petersburg Apartment is $525 at Crown Ridge Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Petersburg is starting from $650 at Cottonwood Apartments.

What is the most affordable Petersburg Three Bedroom Apartment?

The best deal on a cheap Petersburg Three Bedroom Apartment rental is at Crown Ridge Apartments and starts from $825.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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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.

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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.