Cheap Apartments for Rent in the Downtown Plano Neighborhood of Plano, TX from $600 (41 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
$929 - $1,861
Total Monthly Price

Total Monthly Price

Base Rent
$929 - $1,861

Total Monthly Price
$929 - $1,861
Studio to 2 Bedroom Apartments Available Now

Patriot Park

701 13th/14th Street ConnectorPlano, TX 75074
Affordability
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  • Low Income

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

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Centric One90
Rent Specials
$1,330 - $3,651
Total Monthly Price

Total Monthly Price

Base Rent
$1,330 - $3,651

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Centric One90

680 Executive DrPlano, TX 75074
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Aura Northline
Rent Specials
$1,467 - $2,882
Total Monthly Price

Total Monthly Price

Base Rent
$1,467 - $2,882

Total Monthly Price
$1,467 - $2,882
1 to 2 Bedroom Apartments Available Now

Aura Northline

521 J PlPlano, TX 75074
Affordability
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  • 3D Tour

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Emory
$1,639 - $4,087
Total Monthly Price

Total Monthly Price

Base Rent
$1,639 - $4,087

Total Monthly Price
$1,639 - $4,087
1 to 3 Bedroom Apartments Available Now

The Emory

1345 14th StPlano, TX 75074
Eco-Friendly
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property at 1006 Municipal Ave

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 1 Bath Home for Rent

Available Now

1006 Municipal Ave

PlanoTX75074
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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
  • Utilities Included
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MAGNOLIA ON 16TH
1 to 2 Bedroom Apartments

MAGNOLIA ON 16TH

1201 E 16th StPlano, TX 75074

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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.

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Chisholm Place
1 to 3 Bedroom Apartments

Chisholm Place

1001 W Park BlvdPlano, TX 75075
Corporate Housing
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Ferro
Studio to 2 Bedroom Apartments

Ferro

1005 11th StPlano, TX 75074
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Texas Star Townhomes
2 Bedroom Apartments

Texas Star Townhomes

1504 E 15th StPlano, TX 75074
  • Utilities Included

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.

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The Register
Rent Specials
$1,503 - $6,864
Total Monthly Price

Total Monthly Price

Base Rent
$1,503 - $6,864

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Register

3520 Wilshire WayRichardson, TX 75082
Luxury
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Windsor CityLine
1 to 3 Bedroom Apartments

Windsor CityLine

1250 Hunt StRichardson, TX 75082

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.

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 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 ListingModel NameBed/BathPriced From
Patriot ParkE-1Studio,1BA$929
Bel Air OaksA11BR,1BA$999
Belleview1 bedroom 1 bath1BR,1BA$1,000
Collin CreekStudio, 1 Bath (80% Income Restricted)Studio,1BA$1,008
Bel Air on 16thA21BR,1BA$1,050
Bel Air DowntownA21BR,1BA$1,099
The Bridge at Heritage CreeksideA2S1BR,1BA$1,200
Park on 14thA21BR,1BA$1,230
Touraine Plano1 Bedroom 1 Bathroom1BR,1BA$1,240
Axis 110A1A1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Chisholm PlaceLegacy2BR,2BA$1.30
Bel Air OaksC13BR,2.5BA$1.25
Plano Park TownhomesA1 - Sterling1BR,1BA$1.62
The Link at PlanoA21BR,1BA$1.87
Touraine Plano1 Bedroom 1 Bathroom1BR,1BA$1.77
The Bridge at Heritage CreeksideA2S1BR,1BA$1.79
Park on 14thA11BR,1BA$1.89
Collin CreekStudio, 1 Bath (80% Income Restricted)Studio ,1BA$1.68
Patriot ParkE-1Studio ,1BA$1.58
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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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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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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.