Cheap Apartments for Rent in the Downtown Plano Neighborhood of Plano, TX from $500 (12 Rentals)

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

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Patriot Park
$644 - $2,348
Total Monthly Price

Total Monthly Price

Base Rent
$644 - $2,348

Total Monthly Price
$644 - $2,348
Studio to 3 Bedroom Apartments Available Now

Patriot Park

701 13th/14th Street ConnectorPlano, TX 75074
Cost Per Sq.Ft.
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  • Customer Reviewed
  • Low Income

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Belleview
1 to 3 Bedroom Apartments

Belleview

1403-1407 15th PlPlano, TX 75074
  • Utilities Included
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K Avenue Lofts
1 to 3 Bedroom Apartments

K Avenue Lofts

2505 K AvePlano, TX 75074
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MAGNOLIA ON 16TH
1 to 2 Bedroom Apartments

MAGNOLIA ON 16TH

1201 E 16th StPlano, TX 75074

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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 Studio unit found at Collin Creek priced from $941. Patriot Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $988. Here are the most affordable Downtown Plano apartments for rent in Plano, TX:

Apartment ListingModel NameBed/BathPriced From
Collin CreekStudio, 1 Bath (80% Income Restricted)Studio,1BA$941
Patriot ParkA-21BR,1BA$988
Bel Air DowntownStudioStudio,1BA$999
Bel Air on 16thA11BR,1BA$999
Belleview1 bedroom 1 bath1BR,1BA$1,050

Best Value Apartments for Rent in Downtown Plano, TX

As of March 10, 2026 the best value apartment in the Downtown Plano area is the $1.39 price per square foot Whitestone Model at Chisholm Place in the in the Plano Transit Village neighborhood starting from $1,605. The second greatest value Downtown Plano apartment is the A1 Model at Bel Air Oaks starting at $1,330 with a $1.50 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 PlaceWhitestone1BR,1.5BA$1.39
Bel Air OaksA11BR,1BA$1.50
Collin Creek1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$1.70
Junction 15A11BR,1BA$1.90
Windsor CityLineA411BR,1BA$2.06
Bel Air on 16thA21BR,1BA$1.79
Belleview2 Bdrm, 1 bath Reno2BR,1BA$1.90
Park on 14thA11BR,1BA$1.89
Bel Air DowntownStudioStudio ,1BA$1.67
Patriot ParkE-1Studio ,1BA$1.93

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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!

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 $1,272.

What is the price of a cheap apartment in Downtown Plano?

The cheapest apartment in Downtown Plano is Patriot Park which is listed at $988, while the average apartment in Downtown Plano costs $7,501.

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 59 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 $152 which is $7,349 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

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.