
Cheap Homes for Rent in Downtown Plano Neighborhood of Plano, TX from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Plano area of Plano.


1602 M Ave
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.

1102 11th St

913 17th St
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.

802 22nd St
Downtown Plano, Plano, TX Local Guide

How much does it cost to rent a home in Downtown Plano?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Plano 2 Bedroom Homes for Rent | $1,798 | $1,695 | $1,950 |
| Downtown Plano 3 Bedroom Homes for Rent | $2,734 | $2,050 | $3,450 |
| Downtown Plano 4 Bedroom Homes for Rent | $2,883 | $2,450 | $3,305 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Plano Neighborhood of Plano, TX.
Explore Plano
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 $813. Patriot Park has the second lowest priced unit, which is a Studio apartment currently listed from $929. 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 | $813 |
| Patriot Park | E-1 | Studio,1BA | $929 |
| Collin Creek | Studio, 1 Bath (80% Income Restricted) | Studio,1BA | $976 |
Best Value Apartments for Rent in Downtown Plano, TX
As of June 04, 2026 the best value apartment in the Downtown Plano area is the $1.72 price per square foot B3 Model at Junction 15 in the in the Royal Oaks neighborhood starting from $2,111. The second greatest value Downtown Plano apartment is the B2 Model at Bel Air Oaks starting at $1,550 with a $1.41 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. |
|---|---|---|---|
| Junction 15 | B3 | 2BR,2BA | $1.72 |
| Bel Air Oaks | B2 | 2BR,1.5BA | $1.41 |
| Plano Park Townhomes | A4 - Berkshire | 1BR,1.5BA | $1.43 |
| Chisholm Place | Maverick (+Den) | 1BR,1BA | $1.62 |
| SYNC CityLine | A2 | 1BR,1BA | $1.75 |
| Touraine Plano | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.84 |
| Bel Air on 16th | A2 | 1BR,1BA | $1.79 |
| Collin Creek | Studio, 1 Bath (60% Income Restricted) | Studio ,1BA | $1.80 |
| Patriot Park | E-1 | Studio ,1BA | $1.58 |
| The Link at Plano | Eff1 | 1BR,1BA | $1.86 |
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 $13,372. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Plano ranging from $1,450 to $3,450.
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 $1,450 to $3,450 with an average monthly rent of $2,216.
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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.