Cheap Apartments for Rent in the Downtown Plano Neighborhood of Plano, TX from $600 (21 Rentals)

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

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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Belleview
1 to 3 Bedroom Apartments

Belleview

1403-1407 15th PlPlano, TX 75074
  • Utilities Included
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MAGNOLIA ON 16TH
1 to 2 Bedroom Apartments

MAGNOLIA ON 16TH

1201 E 16th StPlano, TX 75074
property at 926 E 15th St

926 E 15th St

PlanoTX75074

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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property at 800 E 15th St

800 E 15th St

PlanoTX75074

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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Downtown Plano, Plano, TX Local Guide

Cheapest Available Downtown Plano Apartments for Rent

 

The cheapest available apartment rental in the Downtown Plano area of Plano, TX is a 2 Beds unit found at Park on 14th priced from $950. Bel Air Downtown has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Downtown Plano apartments for rent in Plano, TX:

Apartment ListingModel NameBed/BathPriced From
Park on 14thB12BR,2BA$950
Bel Air DowntownStudio1BR,1BA$999
Collin CreekStudio, 1 Bath (80% Income Restricted)Studio,1BA$1,033
SYNC CityLineS1Studio,1BA$1,065
K Avenue Lofts1 Bedroom Market1BR,1BA$1,068

Best Value Apartments for Rent in Downtown Plano, TX

As of November 16, 2025 the best value apartment in the Downtown Plano area is the $1.36 price per square foot Legacy Model at Chisholm Place in the in the Plano Transit Village neighborhood starting from $1,937. The second greatest value Downtown Plano apartment is the 2 Bed, 2 Bath Model at Collin Creek starting at $1,785 with a $1.75 price per square foot in the Plano Transit Village neighborhood. Here is today’s list of the best values for Downtown Plano apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chisholm PlaceLegacy2BR,2BA$1.36
Collin Creek2 Bed, 2 Bath2BR,2BA$1.75
The Link at PlanoB2C2BR,2BA$1.88
Bel Air OaksA11BR,1BA$1.50
Plano Park TownhomesA1 - Sterling1BR,1BA$1.66
Windsor CityLineA811BR,1BA$1.95
Homes of Prairie SpringsA11BR,1BA$2.03
Bel Air DowntownA21BR,1BA$1.81
K Avenue Lofts1 Bedroom Market1BR,1BA$1.60
Belleview1 bedroom 1 bath renovated1BR,1BA$1.88

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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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.

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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Downtown Plano, Plano, TX

Ranked #31

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Lifestyle Ratings

Our team is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Texas, including Plano. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, places to raise kids, raising pets, transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Downtown Plano Neighborhood in Plano, TX

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

63 / 100

Bikeable

Some bike infrastructure

Transit Score®

50 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Downtown Plano Apartments

What is the Cheapest Studio apartment in Downtown Plano?

Currently the most affordable Cheap Studio Apartment in Downtown Plano is at Bel Air Downtown listed at $999.

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

The lowest price for a Cheap One Bedroom Downtown Plano Apartment is $999 at Bel Air Downtown.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Plano is starting from $950 at Park on 14th.

What is the most affordable Downtown Plano Three Bedroom Apartment?

The best deal on a cheap Downtown Plano Three Bedroom Apartment rental is at K Avenue Lofts and starts from $1,621.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.