Cheap Homes for Rent in Plano, TX from $500 (59 Rentals)

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Search the lowest-cost Homes available for rent right now in 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.

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property at 1619 Collin Dr

$649

Total Monthly Price

Total Monthly Price

Base Rent
$649
Total Monthly Price
$649

6 Bedroom, 3 Bath Home for Rent

Available Now

1619 Collin Dr

AllenTX75002
property at 3384 P Ave

$757

Total Monthly Price

Total Monthly Price

Base Rent
$757
Total Monthly Price
$757

4 Bedroom, 2 Bath Home for Rent

Available Now

3384 P Ave

PlanoTX75074

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.

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property at 2400 Jupiter Rd

$1,250 - $1,695

1 To 2 Bedroom Rentals

Available Now

2400 Jupiter Rd

PlanoTX75074

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 3140 Devonshire Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

3140 Devonshire Dr, Unit 133, Unit 133

3140 Devonshire Dr
PlanoTX75075
property at 3140 Devonshire Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

3140 Devonshire Dr, Unit 143, Unit 143

3140 Devonshire Dr
PlanoTX75075

The 4-Step Checklist for Moving to Dallas: A Local Expert's Guide to Utilities, Licenses, and Housing

Your ultimate DFW Moving Guide: From finding the perfect Dallas neighborhood (Downtown, Oak Lawn, Casa View) to setting up utilities.

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property at 2601 Preston Rd

$1,500 - $1,850

1 To 2 Bedroom Rentals

Available Now

2601 Preston Rd

PlanoTX75093

An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years

From the Bishop Arts District to Uptown, get the real story on Dallas living from a 35-year local. Explore neighborhoods, must-try food spots, and life in the Big D.

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Showing Results 1-50, Page 1 of 2

Plano, TX Local Guide

Cheapest Neighborhoods for Apartments in Plano, TX

Pricing Updated: 04/24/2026

Current apartment rentals in the Plano, TX area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Plano Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Plano$7,821$602405

Cheapest Available Plano Apartments for Rent

 

The cheapest available apartment rental in Plano, TX is a 2 Beds unit found at Patriot Park in the Royal Oaks neighborhood priced from $644. The Park on Preston in the Far North Dallas neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $681. Here is today’s list of the most affordable Plano apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Patriot ParkB-12BR,2BA$644
The Park on PrestonA 11BR,1BA$681
The Versailles ApartmentsCaroline1BR,1BA$735
MAA Highlands NorthThe Refuge1BR,1BA$763
Champions of North DallasChampions A A31BR,1BA$773
The HamptonsAshton - A11BR,1BA$789
The Landing at McCallumA31BR,1BA$800
The BryantA31BR,1BA$800
Vail VillageEFF3 UG1BR,1BA$800
Junction at 7760S2Studio,1BA$800

Best Value Apartments for Rent in Plano, TX

As of April 24, 2026 the best value apartment in the Plano area is the $1.31 price per square foot 2A Model at Windsor Place Townhomes in the in the Royal Oaks neighborhood starting from $1,570. The second greatest value 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 Plano apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Windsor Place Townhomes2A2BR,2BA$1.31
Bel Air OaksB22BR,1.5BA$1.41
Allure North Dallas2 Bed - 2 Bath2BR,2BA$1.40
The Wexley ApartmentsTwo Bedroom B22BR,2BA$1.27
Chisholm PlaceMaverick (+Den)1BR,1BA$1.27
The GeorgianB12BR,1BA$1.38
Trinity Village ApartmentsC2BR,2BA$1.40
Slate DallasA31BR,1BA$1.35
Champions of North DallasChampions A A1 Upgraded1BR,1BA$1.39
The Versailles ApartmentsAmelia1BR,1BA$1.39

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX

Learn about the best Dallas neighborhoods for student renters by our Dallas, TX Local Expert Tiffany Clark

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Quick 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.

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Plano, TX
Population: 288,061

Ranked #69

in US Census Population by City

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Best Local Schools in
Plano, TX

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Plano, TX Rentals by Map

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See the most popular apartments and homes in Plano, TX

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Frequently Asked Questions about Plano

What type of rentals are currently available in Plano?

There are currently 468 Apartments for Rent in Plano, TX with pricing that ranges from $602 to $22,096. There are also 646 Single Family Homes for rent, Condos, and Townhome rentals currently available in Plano ranging from $535 to $20,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Plano ranges from $535 to $20,000 with an average monthly rent of $4,283.

How much are larger Three and Four Bedroom Rentals in Plano?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Plano range from $1,449 to $19,321, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $8,500. Four Bedroom Single-Family rentals are also available starting from $757 and Four Bedroom Apartments start at $2,562.

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.

Helpful Local Expert Guides

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The 10 Best Affordable Neighborhoods in Dallas, TX

Written by: Tiffany Clark

Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

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Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX

Written by: Tiffany Clark

According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.

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The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers

Written by: Tiffany Clark

Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.

decorative image for An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years article

An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years

Written by: Tiffany Clark

My ancestors on both sides were some of the earliest Texas settlers, and I have that big Texas pride that we Texans are famous for. While I've lived in other places, Texas always has been and always will be home.

Articles, How-To's, and Tips

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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.

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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.

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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.