
Cheap Apartments for Rent near Rainbow, TX from $900 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Rainbow.


Lakeshore Apartments

Ten 06 at Joshua Station Apartments

Live Oak

Paluxy Townhomes

Shannon Creek Apartments

Dolce Vita Lakeside

Lakeside RGLLC
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.

Skye at Chisholm Trail

Pearl Street Townhomes

Lake Villas Apartments

Buena Vista

Legacy at Crowley

Total Monthly Price
The Alps

Fountains of Burleson

8854 Mid Haven Cir
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.

Total Monthly Price
Encore Alsbury

Courtyard Apartments and Mini Storage

Summercrest Burleson Apartments

Cleburne Plaza

Chisholm Trace

Total Monthly Price
Brazos Crossing

Wildcat Vista

Sylvia at South Broadway 55+ Apartments
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.

Auberge of Burleson

Cleburne Terrace

506 Litigation St

Total Monthly Price
The Riley - Burleson

Townlake Apartments

Total Monthly Price
Lakehouse Granbury

Vercanta at Burleson

Avilla Railhead
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.

The Waverly

Cooper Landing

1227 Pawnee Trail

4324 Tin Top Rd

The Bromley

3849 Boquillas Cir

2834 James Rd

404 SW Barnard 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.

The Residence at Alsbury

6530 Fall Creek Hwy
Rainbow, TX Local Guide

How much does it cost to rent an apartment in Rainbow?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rainbow Studio Apartments | $1,405 | $1,405 | $1,405 |
| Rainbow 1 Bedroom Apartments | $1,285 | $900 | $1,795 |
| Rainbow 2 Bedroom Apartments | $1,657 | $1,129 | $3,850 |
| Rainbow 3 Bedroom Apartments | $2,354 | $1,260 | $3,850 |
| Rainbow 4 Bedroom Apartments | $2,387 | $1,996 | $2,555 |
Browse Top Apartments in Rainbow
See all Apartments in RainbowExplore Rainbow
Rainbow, TX Local Guide
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Cheapest Available Rainbow Apartments for Rent and Nearby
 The cheapest available apartment rental in Rainbow, TX is a 1 Bed unit found at Courtyard on Main in the Downtown Cleburne neighborhood priced from $900. Lakeshore Apartments in the Hood County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Rainbow apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Courtyard on Main | 1 bedroom 1 bath | 1BR,1BA | $900 |
| Lakeshore Apartments | Waterfront 1 Bedroom | 1BR,1BA | $995 |
| Ten 06 at Joshua Station Apartments | One Bedroom - Brazos (Income-Restricted) | 1BR,1BA | $999 |
| Live Oak | A2 | 1BR,1BA | $1,009 |
| Paluxy Townhomes | 1/1/MULTI | 1BR,1BA | $1,050 |
| Shannon Creek Apartments | A2 | 1BR,1BA | $1,060 |
| Skye at Chisholm Trail | A1 | 1BR,1BA | $1,112 |
| Lake Villas Apartments | A2 | 1BR,1BA | $1,125 |
| Pearl Street Townhomes | 2 Bedrooms/1.5 Bath | 2BR,1BA | $1,125 |
| Buena Vista | A160 | 2BR,1BA | $1,149 |
Best Value Apartments for Rent in Rainbow, TX and Nearby
As of July 22, 2026 the best value apartment in the Rainbow area is the $1.21 price per square foot Amity Model at Hampton Villas in the in the Southwest Fort Worth neighborhood starting from $2,295. The second greatest value Rainbow apartment is the Juniper Model at Magnolia Townhomes starting at $2,285 with a $1.22 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hampton Villas | Amity | 3BR,2.5BA | $1.21 |
| Magnolia Townhomes | Juniper | 3BR,2.5BA | $1.22 |
| Hidden Village | Texas Cali | 4BR,2BA | $1.39 |
| Vercanta at Burleson | C1 | 3BR,2BA | $1.50 |
| The Waverly | The Katy & The Burleson | 3BR,2BA | $1.36 |
| Pearl Street Townhomes | 2 Bedrooms/1.5 Bath | 2BR,1.5BA | $0.95 |
| Cooper Landing | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.39 |
| 506 Litigation St | 2 Beds 1 Baths | 2BR,1BA | $1.42 |
| Lakeshore Apartments | Waterfront 1 Bedroom | 1BR,1BA | $1.17 |
| Courtyard on Main | 1 bedroom 1 bath | 1BR,1BA | $1.06 |
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 Rainbow, TX Rentals by Map
See the most popular apartments and homes in Rainbow, TX
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 $900 at Courtyard on Main.
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 $1,125 at Pearl Street Townhomes.
What is the most affordable Rainbow Three Bedroom Apartment?
The best deal on a cheap Rainbow Three Bedroom Apartment rental is at Cleburne Plaza and starts from $1,494.
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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.