
Cheap Apartments for Rent in the Downtown Plano Neighborhood of Plano, TX from $600 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Plano area of Plano.


Total Monthly Price
Patriot Park

The Link at Plano

Bel Air Oaks

Collin Creek

Bel Air on 16th

Bel Air Downtown

The Bridge at Heritage Creekside
Dallas's Best Affordable Neighborhoods
Learn about Dallas and the best places to live with original content written by our Dallas, TX Local Expert Tiffany Clark

Park on 14th

Touraine Plano

Junction 15

Total Monthly Price
Centric One90

Morada Plano

Plano Park Townhomes

Total Monthly Price
Aura Northline

1602 M Ave
Rent According to Income: A Look at Income-Restricted Rentals
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1602 M Ave

Total Monthly Price
The Emory

1006 Municipal Ave

Belleview

Villas Del Sol Phase Two

K Avenue Lofts

MAGNOLIA ON 16TH

Alta Vista Apartments
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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.

Villas Del Sol Phase One

Chisholm Place

Ferro

Texas Star Townhomes

1102 11th St

1725 R Avenue

1729 R Avenue

815 E 16th St
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.

1621 E Park Blvd

Axis 110

Bell CityLine I

SYNC CityLine

Anthem Cityline Apartments

The Lyla

Total Monthly Price
The Register

Windsor CityLine
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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.

Homes of Prairie Springs
Downtown Plano, Plano, TX Local Guide

How much does it cost to rent an apartment in Downtown Plano?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Plano Studio Apartments | $1,347 | $929 | $1,696 |
| Downtown Plano 1 Bedroom Apartments | $1,648 | $623 | $6,213 |
| Downtown Plano 2 Bedroom Apartments | $2,082 | $716 | $3,717 |
| Downtown Plano 3 Bedroom Apartments | $2,473 | $1,499 | $9,399 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 2 mile radius of the Downtown Plano Neighborhood of Plano, TX.
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Downtown Plano, Plano, TX Local Guide
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Cheapest Available Downtown Plano Apartments for Rent
 The cheapest available apartment rental in the Downtown Plano area of Plano, TX is a Studio unit found at Patriot Park priced from $929. Bel Air Oaks 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Patriot Park | E-1 | Studio,1BA | $929 |
| Bel Air Oaks | A1 | 1BR,1BA | $999 |
| Belleview | 1 bedroom 1 bath | 1BR,1BA | $1,000 |
| Collin Creek | Studio, 1 Bath (80% Income Restricted) | Studio,1BA | $1,008 |
| Bel Air on 16th | A2 | 1BR,1BA | $1,050 |
| Bel Air Downtown | A2 | 1BR,1BA | $1,099 |
| The Bridge at Heritage Creekside | A2S | 1BR,1BA | $1,200 |
| Park on 14th | A2 | 1BR,1BA | $1,230 |
| Touraine Plano | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,240 |
| Axis 110 | A1A | 1BR,1BA | $1,284 |
Best Value Apartments for Rent in Downtown Plano, TX
As of July 24, 2026 the best value apartment in the Downtown Plano area is the $1.30 price per square foot Legacy Model at Chisholm Place in the in the Plano neighborhood starting from $1,841. The second greatest value Downtown Plano apartment is the C1 Model at Bel Air Oaks starting at $1,525 with a $1.25 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Chisholm Place | Legacy | 2BR,2BA | $1.30 |
| Bel Air Oaks | C1 | 3BR,2.5BA | $1.25 |
| Plano Park Townhomes | A1 - Sterling | 1BR,1BA | $1.62 |
| The Link at Plano | A2 | 1BR,1BA | $1.87 |
| Touraine Plano | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.77 |
| The Bridge at Heritage Creekside | A2S | 1BR,1BA | $1.79 |
| Park on 14th | A1 | 1BR,1BA | $1.89 |
| Collin Creek | Studio, 1 Bath (80% Income Restricted) | Studio ,1BA | $1.68 |
| Patriot Park | E-1 | Studio ,1BA | $1.58 |
| Belleview | 1 bedroom 1 bath renovated | 1BR,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.
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.
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!
Frequently Asked Questions about Cheap Downtown Plano Apartments
What is a cheap apartment in Downtown Plano?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Plano is under $1,284.
What is the price of a cheap apartment in Downtown Plano?
The cheapest apartment in Downtown Plano is Bel Air Oaks which is listed at $999, while the average apartment in Downtown Plano costs $10,385.
What types of apartments are the cheapest in Downtown Plano?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 36 regular apartments in Downtown Plano that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Plano?
Cheap apartments in Downtown Plano have an average cost of $248 which is $10,137 cheaper than the average rent for all rentals in Downtown Plano.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.