Cheap Homes for Rent in Downtown Plano Neighborhood of Plano, TX from $1,400 (5 Rentals)

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

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.

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.

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 Patriot Park priced from $644. Park on 14th has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable Downtown Plano apartments for rent in Plano, TX:

Apartment ListingModel NameBed/BathPriced From
Patriot ParkB-12BR,2BA$644
Park on 14thB12BR,2BA$950
The Link at PlanoA11BR,1BA$959

Best Value Apartments for Rent in Downtown Plano, TX

As of April 19, 2026 the best value apartment in the Downtown Plano area is the $1.68 price per square foot 3 Bed, 2 Bath (80% Income Restricted) Model at Collin Creek in the in the Plano Transit Village neighborhood starting from $1,992. The second greatest value Downtown Plano apartment is the Ridgeview Model at Chisholm Place starting at $1,540 with a $1.33 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.
Collin Creek3 Bed, 2 Bath (80% Income Restricted)3BR,2BA$1.68
Chisholm PlaceRidgeview2BR,2BA$1.33
Bel Air DowntownB32BR,2BA$1.72
Gala at PremierB1-MKT2BR,2BA$1.95
Bel Air OaksA11BR,1BA$1.50
The Link at PlanoA71BR,1BA$1.50
Bel Air on 16thA21BR,1BA$1.79
Belleview2 Bdrm, 1 bath Reno2BR,1BA$1.90
Park on 14thA11BR,1BA$1.89
Patriot ParkE-1Studio ,1BA$1.58

Frequently Asked Questions about Downtown Plano

What type of rentals are currently available in Downtown Plano?

There are currently 48 Apartments for Rent in Downtown Plano, TX with pricing that ranges from $602 to $7,156. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Plano ranging from $1,485 to $3,250.

What is the current price range for Rental Homes in Downtown Plano?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Plano ranges from $1,485 to $3,250 with an average monthly rent of $2,200.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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

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.