Cheap Apartments for Rent in Rainbow, TX from $800 (32 Rentals)

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

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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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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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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The Bromley
1 to 2 Bedroom Apartments

The Bromley

1525 2nd StGranbury, TX 76048
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4324 Tin Top Rd
Studio to 2 Bedroom Apartments

4324 Tin Top Rd

4324 Tin Top RdWeatherford, TX 76087
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Rainbow, TX Local Guide

Cheapest Available Rainbow Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rainbow, TX is a 1 Bed unit found at Paluxy Townhomes priced from $895. Ten 06 at Joshua Station Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $905. Here is today’s list of the most affordable Rainbow apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Paluxy Townhomes1/1 SS1BR,1BA$895
Ten 06 at Joshua Station ApartmentsOne Bedroom - Blanco (Income-Restricted)1BR,1BA$905
Lakeshore ApartmentsWaterfront 1 Bedroom1BR,1BA$995
Live OakA21BR,1BA$999
Shannon Creek ApartmentsA21BR,1BA$1,015
The Riley - BurlesonS1Studio,1BA$1,072
Legacy at CrowleyA-21BR,1BA$1,149
The AlpsPine (A1)1BR,1BA$1,150
Chisholm TraceA11BR,1BA$1,155
Encore AlsburyThe Wilson1BR,1BA$1,170

Best Value Apartments for Rent in Rainbow, TX and Nearby

As of November 18, 2025 the best value apartment in the Rainbow area is the $1.09 price per square foot Amity Model at Hampton Villas in the in the Southwest Fort Worth neighborhood starting from $2,075. The second greatest value Rainbow apartment is the Cypress Model at Magnolia Townhomes starting at $2,195 with a $1.25 price per square foot in the Southwest Fort Worth neighborhood. Here is today’s list of the best values for Rainbow apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hampton VillasAmity3BR,2.5BA$1.09
Magnolia TownhomesCypress3BR,2.5BA$1.25
Hidden VillageElgin4BR,2BA$1.33
ColonialB22BR,2BA$1.50
Fountains of BurlesonB12BR,2BA$1.44
The WaverlyThe Dodge1BR,1BA$1.49
Lakeshore ApartmentsWaterfront 1 Bedroom1BR,1BA$1.17
Summercrest Burleson ApartmentsA - Florence1BR,1BA$1.52
Legacy at CrowleyA-21BR,1BA$1.53
Paluxy Townhomes2/12BR,1BA$1.41

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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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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Pet Friendly Lifestyle
Rainbow, TX

Ranked #340

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Rainbow, TX Rentals by Map

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See the most popular apartments and homes in Rainbow, TX

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Getting Around Rainbow, TX

Walk Score®

2 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

20 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Rainbow Apartments

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

The lowest price for a Cheap One Bedroom Rainbow Apartment is $895 at Paluxy Townhomes.

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

Today's best deal for a Cheap Two Bedroom Apartment in Rainbow is starting from $1,050 at Paluxy Townhomes.

What is the most affordable Rainbow Three Bedroom Apartment?

The best deal on a cheap Rainbow Three Bedroom Apartment rental is at Colonial and starts from $1,670.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.