Cheap Apartments for Rent in Rainbow, TX from $800 (26 Rentals)

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

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.

Read Article

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The Residence at Alsbury
1 to 2 Bedroom Apartments

The Residence at Alsbury

749 Ridgehill DrBurleson, TX 76028
Senior Living
  • Utilities Included
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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
2 Bedroom Apartments

4324 Tin Top Rd

4324 Tin Top RdWeatherford, TX 76087
  • Utilities Included

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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Showing Results 1-26, Page 1 of 1

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. Cypress Creek at Joshua Station Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $909. Here is today’s list of the most affordable Rainbow apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Paluxy Townhomes1/1 SS1BR,1BA$895
Cypress Creek at Joshua Station Apartment HomesOne Bedroom - Blanco (Income-Restricted)1BR,1BA$909
Lakeshore ApartmentsWaterfront 1 Bedroom1BR,1BA$995
The AlpsPine (A1)1BR,1BA$995
Live OakA21BR,1BA$999
Legacy at CrowleyE-21BR,1BA$1,079
The Residence at AlsburyTC 60% 1 Bedroom1BR,1BA$1,085
Shannon Creek ApartmentsA21BR,1BA$1,109
Lake Villas ApartmentsA11BR,1BA$1,150
Encore AlsburyThe Wilson1BR,1BA$1,170

Best Value Apartments for Rent in Rainbow, TX and Nearby

As of June 20, 2025 the best value apartment in the Rainbow area is the $1.25 price per square foot Juniper Model at Magnolia Townhomes in the in the Southwest Fort Worth neighborhood starting from $2,350. The second greatest value Rainbow apartment is the C1-Erie Model at Lasater Ranch starting at $2,182 with a $1.41 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.
Magnolia TownhomesJuniper3BR,2.5BA$1.25
Lasater RanchC1-Erie3BR,2BA$1.41
Hidden VillageCamden3BR,2BA$1.36
ColonialC13BR,2BA$1.48
Pearl Street Townhomes2 Bedrooms/1.5 Bath2BR,1.5BA$1.01
The WaverlyThe Renfro2BR,2BA$1.42
Fountains of BurlesonB12BR,2BA$1.46
Lakeshore ApartmentsWaterfront 1 Bedroom1BR,1BA$1.17
Legacy at CrowleyA-11BR,1BA$1.46
Paluxy Townhomes2/12BR,1BA$1.41

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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Pet Friendly Lifestyle
Rainbow, TX

Ranked #618

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 Paluxy Townhomes and starts from $1,550.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.