Cheap Apartments for Rent near Putnam, TX from $850 (53 Rentals)

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

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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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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Canterbury Crossing
1 to 3 Bedroom Apartments

Canterbury Crossing

1250 Yeomans RdAbilene, TX 79602
  • 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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Laguna Loft Apartments
1 to 2 Bedroom Apartments

Laguna Loft Apartments

400 Concord Hilton BlvdCisco, TX 76437
  • Utilities Included
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Wayside
Studio to 3 Bedroom Apartments

Wayside

2001 Brady AveBrownwood, TX 76801
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Sedona Apartments
Studio to 3 Bedroom Apartments

Sedona Apartments

2601 Nonesuch RdAbilene, TX 79606
Corporate Housing
  • Utilities Included
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Newport Village
1 to 2 Bedroom Apartments

Newport Village

3525 Rolling Green DrAbilene, TX 79606
  • Utilities Included
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Pecan Ridge Eastland
1 to 2 Bedroom Apartments

Pecan Ridge Eastland

501 S Ostrom AveEastland, TX 76448
  • Utilities Included

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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Elmwood Terrace
2 Bedroom Apartments

Elmwood Terrace

4026 S 7th StAbilene, TX 79605
  • Utilities Included
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Southlake Villas
Studio to 3 Bedroom Apartments

Southlake Villas

1826 County 111-1 RdAbilene, TX 79602

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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Showing Results 1-50, Page 1 of 2

Putnam, TX Local Guide

Cheapest Available Putnam Apartments for Rent and Nearby

 

The cheapest available apartment rental in Putnam, TX is a 1 Bed unit found at Canterbury Crossing in the North Abilene neighborhood priced from $450. Wayside has the second lowest priced unit, which is a 1 Bed apartment currently listed from $719. Here is today’s list of the most affordable Putnam apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Canterbury CrossingA2-30%1BR, 1BA$450
Wayside1BR/1.0BA1BR, 1BA$719
Sedona ApartmentsA2U1BR, 1BA$810
Sadosa Ridge1 Bedroom/1 Bath1BR, 1BA$850
Longhorn TownhomesOne Bedroom1BR, 1BA$895
Bear Creek TownhomesAtlas1BR, 1BA$895
Maverick Townhomes1/11BR, 1BA$895
Heritage Oaks1 Bedroom1BR, 1BA$900
Heritage Heights at AbileneB22BR, 2BA$956
Summit at Abilene North Apartments3BR3BR, 2BA$1,038

Best Value Apartments for Rent in Putnam, TX and Nearby

As of September 18, 2026 the best value apartment in the Putnam area is the $1.59 price per square foot C2 Model at Bel Air Estates in the Chimney Rock Area neighborhood starting from $3,000. The second greatest value Putnam apartment is the C1-60% Model at The Trails at Abilene in the North Abilene neighborhood starting at $1,475 with a $1.15 price per square foot. Here is today’s list of the best values for Putnam apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bel Air EstatesC23BR, 2BA$1.59
The Trails at AbileneC1-60%3BR, 2BA$1.15
Heritage Oaks2 Bedroom2BR, 1BA$1.15
Heritage Heights at AbileneB22BR, 2BA$0.97
Bel Air SpringsB12BR, 1BA$1.62
Wayside1BR/1.0BA1BR, 1BA$1.07
Sadosa Ridge1 Bedroom/1 Bath1BR, 1BA$1.32
Bear Creek TownhomesAtlas1BR, 1BA$1.40
Sedona ApartmentsA1U1BR, 1BA$1.33
Longhorn TownhomesOne Bedroom1BR, 1BA$1.46

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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

Explore Putnam, TX Rentals by Map

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See the most popular apartments and homes in Putnam, TX

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Frequently Asked Questions about Cheap Putnam Apartments

How much is rent for a Cheap One Bedroom Putnam Apartment?

The lowest price for a Cheap One Bedroom Putnam Apartment is $450 at Canterbury Crossing.

What is the lowest price for a Cheap Two Bedroom Putnam Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Putnam is starting from $799 at Wayside.

What is the most affordable Putnam Three Bedroom Apartment?

The best deal on a cheap Putnam Three Bedroom Apartment rental is at Canterbury Crossing and starts from $611.

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

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.

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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.