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


Paluxy Townhomes

Ten 06 at Joshua Station Apartments

Lakeshore Apartments

Dolce Vita Lakeside

Lakeside RGLLC

Arbors Of Cleburne

Pearl Street Townhomes
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.

Shannon Creek Apartments

Lake Villas Apartments

Total Monthly Price
The Alps

Summercrest Burleson Apartments

Courtyard Apartments and Mini Storage

Legacy at Crowley

Chisholm Trace

Total Monthly Price
Lakehouse Granbury
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.

Fountains of Burleson

8854 Mid Haven Cir

Total Monthly Price
Encore Alsbury

Live Oak

Cleburne Plaza

Auberge of Burleson

Wildcat Vista

Skye at Chisholm Trail
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.

Total Monthly Price
Brazos Crossing

Towne Square Condos

Total Monthly Price
The Riley - Burleson

The Waverly

Cleburne Terrace

Townlake Apartments

Buena Vista

Sylvia at South Broadway 55+ Apartments
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.

Cooper Landing

6321 Kelly Dr

4324 Tin Top Rd

The Bromley

407 Paluxy St

501 W Bluebonnet Dr

506 Litigation St

6530 Fall Creek Hwy
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.

Vercanta at Burleson

The Residence at Alsbury
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 | $1,361 | $1,325 | $1,405 |
| Rainbow 1 Bedroom Apartments | $1,293 | $900 | $1,827 |
| Rainbow 2 Bedroom Apartments | $1,546 | $1,129 | $2,850 |
| Rainbow 3 Bedroom Apartments | $2,075 | $1,210 | $2,849 |
| Rainbow 4 Bedroom Apartments | $2,277 | $2,075 | $2,555 |
Browse Top Apartments in Rainbow
See all Apartments in RainbowExplore Rainbow
Rainbow, TX Local Guide
- Nearby Cities
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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 Ten 06 at Joshua Station Apartments in the Johnson County neighborhood priced from $999. Paluxy Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here is today’s list of the most affordable Rainbow apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ten 06 at Joshua Station Apartments | One Bedroom - Brazos (Income-Restricted) | 1BR,1BA | $999 |
| Paluxy Townhomes | 1/1/MULTI | 1BR,1BA | $1,050 |
| Lakeshore Apartments | Waterfront 1 Bedroom | 1BR,1BA | $1,055 |
| Pearl Street Townhomes | 2 Bedrooms/1.5 Bath | 2BR,1BA | $1,125 |
| Shannon Creek Apartments | A1 | 1BR,1BA | $1,139 |
| Lake Villas Apartments | A2 | 1BR,1BA | $1,140 |
| Courtyard on Main | 2 Bedroom 1 bath | 2BR,1BA | $1,150 |
| The Alps | Pine (A1) | 1BR,1BA | $1,150 |
| Summercrest Burleson Apartments | A - Florence | 1BR,1BA | $1,154 |
| Legacy at Crowley | A-2 | 1BR,1BA | $1,169 |
Best Value Apartments for Rent in Rainbow, TX and Nearby
As of September 09, 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 Texas Cali Model at Hidden Village starting at $2,399 with a $1.31 price per square foot in the Downtown Cleburne 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 |
| Hidden Village | Texas Cali | 4BR,2BA | $1.31 |
| Magnolia Townhomes | Cypress | 3BR,2.5BA | $1.25 |
| The Reserve at Cresson | C1 | 3BR,2BA | $1.45 |
| Trail Creek Village | 3BR | 3BR,2BA | $1.42 |
| Pearl Street Townhomes | 2 Bedrooms/1.5 Bath | 2BR,1.5BA | $0.95 |
| Courtyard on Main | 2 Bedroom 1 bath | 2BR,1BA | $1.00 |
| Arbors Of Cleburne | Willow | 2BR,2BA | $1.44 |
| Lakeshore Apartments | Waterfront 1 Bedroom | 1BR,1BA | $1.24 |
| Summercrest Burleson Apartments | A - Florence | 1BR,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.
Read ArticleNavigating 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.
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 $999 at Ten 06 at Joshua Station Apartments.
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 Ten 06 at Joshua Station Apartments and starts from $1,210.
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.

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.

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.

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.