
Cheap Apartments for Rent near Putnam, TX from $400 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Putnam.


Sadosa Ridge

Copper Creek Apartments

Bear Creek Townhomes

The Landing Apartments

Riatta Ranch

Longhorn Townhomes

Heritage Oaks

Aspen Place
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.

The Edge

Stonegate

Curry Junction Apartments

Buffalo Ridge

Velta Villas

Bel Air West

Sierra Sunset

Bel Air Springs

Bel Air Estates
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.

Bel Air Creekside

Bel Air on 25th

Virtu on Denali

Alps Abilene

The Grand at Buffalo Run

Lexington Court

Indian Run Apartments

The Residence at Heritage Park

The Reserve at Abilene
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.

Canterbury Crossing

The Residence at Autumn Sage

The Trails at Abilene

Heritage Heights at Abilene

Laguna Loft Apartments

Sedona Apartments

Newport Village

Wayside

217 SE Second St
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.

Cedar Creek Apartment Homes

204 Marlin St

Parkridge Place Apartments

332 Waters St

Pecan Ridge Eastland

521 Munson Dr

Summit at Abilene North

512 Oriole Dr

Sunscape Apartments
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.

Elmwood Terrace

408 Arch St

711 Cherry St

Southlake Villas
Putnam, TX Local Guide

How much does it cost to rent an apartment in Putnam?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Putnam Studio Apartments | $875 | $875 | $875 |
| Putnam 1 Bedroom Apartments | $1,370 | $850 | $2,633 |
| Putnam 2 Bedroom Apartments | $1,857 | $940 | $4,094 |
| Putnam 3 Bedroom Apartments | $2,063 | $1,065 | $3,000 |
Browse Top Apartments in Putnam
See all Apartments in PutnamExplore Putnam
Putnam, TX Local Guide
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Cheapest Available Putnam Apartments for Rent and Nearby
 The cheapest available apartment rental in Putnam, TX is a 2 Beds unit found at Heritage Heights at Abilene in the Chimney Rock Area neighborhood priced from $541. Canterbury Crossing in the North Abilene neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $611. Here is today’s list of the most affordable Putnam apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Heights at Abilene | B2 | 2BR,2BA | $541 |
| Canterbury Crossing | C2-30%/30% | 3BR,2BA | $611 |
| Wayside | 1BR/1.0BA | 1BR,1BA | $789 |
| Sedona Apartments | A2U | 1BR,1BA | $810 |
| Sadosa Ridge | 1 Bedroom/1 Bath | 1BR,1BA | $850 |
| Maverick Townhomes | 1/1 | 1BR,1BA | $850 |
| Bear Creek Townhomes | Atlas | 1BR,1BA | $875 |
| Longhorn Townhomes | One Bedroom | 1BR,1BA | $895 |
| Heritage Oaks | 1 Bedroom | 1BR,1BA | $900 |
| The Trails at Abilene | C1-MKT | 3BR,2BA | $1,475 |
Best Value Apartments for Rent in Putnam, TX and Nearby
As of July 31, 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 in the Chimney Rock Area neighborhood starting from $3,000. The second greatest value Putnam apartment is the C1-MKT Model at The Trails at Abilene starting at $1,475 with a $1.15 price per square foot in the North Abilene neighborhood. Here is today’s list of the best values for Putnam apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bel Air Estates | C2 | 3BR,2BA | $1.59 |
| The Trails at Abilene | C1-MKT | 3BR,2BA | $1.15 |
| Maverick Townhomes | 3/2 SS/WD | 3BR,2BA | $1.61 |
| Canterbury Crossing | C2-60%/30% | 3BR,2BA | $1.33 |
| Heritage Oaks | 2 Bedroom | 2BR,1BA | $1.15 |
| Heritage Heights at Abilene | B2 | 2BR,2BA | $0.55 |
| Wayside | 1BR/1.0BA | 1BR,1BA | $1.18 |
| Sadosa Ridge | 1 Bedroom/1 Bath | 1BR,1BA | $1.32 |
| Sedona Apartments | A1U | 1BR,1BA | $1.33 |
| Longhorn Townhomes | One Bedroom | 1BR,1BA | $1.49 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Putnam, TX Rentals by Map
See the most popular apartments and homes in Putnam, TX
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 $789 at Wayside.
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 $541 at Heritage Heights at Abilene.
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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

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.