
Cheap Apartments for Rent in the Downtown Plano Neighborhood of Plano, TX from $623 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Plano area of Plano.


The Link at Plano

Total Monthly Price
Patriot Park

Park on 14th

Bel Air Oaks

Bel Air Downtown

Plano Park Townhomes

Collin Creek
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

Total Monthly Price
MAGNOLIA ON 16TH

The Bridge at Heritage Creekside

Touraine Plano

Bel Air on 16th

Junction 15

Total Monthly Price
Centric One90

Total Monthly Price
Aura Northline

1602 M Ave
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1602 M Ave

Total Monthly Price
The Emory

1345 E 15th St, Unit 112

Belleview

Villas Del Sol Phase Two

1408 15th Pl

K Avenue Lofts

Alta Vista Apartments
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Villas Del Sol Phase One

Morada Plano

Chisholm Place

Ferro

3801 14th St

Texas Star Townhomes

1725 R Avenue

1621 E Park Blvd
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Bell CityLine I

Axis 110

Total Monthly Price
The Register

The Lyla

Total Monthly Price
SYNC CityLine

Anthem Cityline Apartments

The Yorkshire Luxury Apartments

Windsor CityLine
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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 | $1,323 | $953 | $2,108 |
| Downtown Plano 1 Bedroom Apartments | $1,634 | $623 | $3,225 |
| Downtown Plano 2 Bedroom Apartments | $2,098 | $716 | $3,786 |
| Downtown Plano 3 Bedroom Apartments | $2,523 | $1,377 | $4,687 |
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 1 Bed unit found at The Link at Plano priced from $895. Patriot Park has the second lowest priced unit, which is a Studio apartment currently listed from $953. Here are the most affordable Downtown Plano apartments for rent in Plano, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Link at Plano | Eff2 | 1BR,1BA | $895 |
| Patriot Park | E-1 | Studio,1BA | $953 |
| Park on 14th | A1 | 1BR,1BA | $996 |
| Bel Air Oaks | A1 | 1BR,1BA | $999 |
| Bel Air Downtown | Studio | Studio,1BA | $999 |
| Belleview | 1 bedroom 1 bath | 1BR,1BA | $1,000 |
| Plano Park Townhomes | A1 - Sterling | 1BR,1BA | $1,020 |
| Collin Creek | Studio, 1 Bath (60% Income Restricted) | Studio,1BA | $1,055 |
| MAGNOLIA ON 16TH | 1bedroom, 1 bath | 1BR,1BA | $1,145 |
| The Bridge at Heritage Creekside | A2S | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Downtown Plano, TX
As of September 07, 2026 the best value apartment in the Downtown Plano area is the $1.67 price per square foot Flex Model at The Link at Plano in the in the Royal Oaks neighborhood starting from $3,225. The second greatest value Downtown Plano apartment is the Legacy Model at Chisholm Place starting at $1,685 with a $1.19 price per square foot in the Plano 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. |
|---|---|---|---|
| The Link at Plano | Flex | 1BR,1BA | $1.67 |
| Chisholm Place | Legacy | 2BR,2BA | $1.19 |
| Bel Air Oaks | C1 | 3BR,2.5BA | $1.25 |
| Plano Park Townhomes | A1 - Sterling | 1BR,1BA | $1.18 |
| Bel Air on 16th | B2 | 2BR,1.5BA | $1.74 |
| Park on 14th | A2 | 1BR,1BA | $1.69 |
| Touraine Plano | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.77 |
| The Bridge at Heritage Creekside | A2S | 1BR,1BA | $1.79 |
| Collin Creek | Studio, 1 Bath | Studio ,1BA | $1.84 |
| Patriot Park | E-1 | Studio ,1BA | $1.62 |
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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 $1,200.
What is the price of a cheap apartment in Downtown Plano?
The cheapest apartment in Downtown Plano is The Link at Plano which is listed at $895, while the average apartment in Downtown Plano costs $1,707.
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 30 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 $314 which is $1,393 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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.