Cheap Apartments for Rent in the Lakemont Neighborhood of Richmond, TX from $1,000 (23 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Lakemont area of Richmond.

close
View Me
Hanover Lakemont
1 to 2 Bedroom Apartments

Hanover Lakemont

7102 S Mason RdRichmond, TX 77407

Lakemont, Richmond, TX Local Guide

Cheapest Available Lakemont Apartments for Rent

 

The cheapest available apartment rental in the Lakemont area of Houston, TX is a 1 Bed unit found at Cyan Cinco Ranch Apartments priced from $1,012. Deseo at Grand Mission has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here are the most affordable Lakemont apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Cyan Cinco Ranch ApartmentsSandstone1BR,1BA$1,012
Deseo at Grand MissionA11BR,1BA$1,025
Hanover LakemontA80a1BR,1BA$1,092
Allora Cinco RanchA11BR,1BA$1,099
Haven at BellaireA3 (60% Income Restricted)1BR,1BA$1,100

Best Value Apartments for Rent in Lakemont, TX

As of November 18, 2025 the best value apartment in the Lakemont area is the $1.61 price per square foot Medallion Model at Cyan Cinco Ranch Apartments in the in the Cinco SW Sterling neighborhood starting from $2,369. The second greatest value Lakemont apartment is the Vanderbuilt A Model at Advenir at Grand Parkway West starting at $1,883 with a $1.44 price per square foot in the Lakemont neighborhood. Here is today’s list of the best values for Lakemont apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cyan Cinco Ranch ApartmentsMedallion3BR,2BA$1.61
Advenir at Grand Parkway WestVanderbuilt A3BR,2BA$1.44
Echelon on 99A11BR,1BA$1.40
Grand ReserveA2.11BR,1BA$1.55
Alleia Long Meadow FarmsA1UG1BR,1BA$1.68
Waterstone at Cinco RanchA1G - Attached Garage Included1BR,1BA$1.71
Deseo at Grand MissionA41BR,1BA$1.38
The WaterviewA01BR,1BA$1.71
Marquis Grand Lakes1C1BR,1BA$1.71
Waterside Village1x11BR,1BA$1.74

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Lakemont, Richmond, TX

Ranked #5

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the Lakemont Neighborhood in Richmond, TX

Walk Score®

37 / 100

Car-Dependent

Most errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Lakemont Apartments

What is the price of a cheap apartment in Lakemont?

The cheapest apartment in Lakemont is Cyan Cinco Ranch Apartments which is listed at $1,001, while the average apartment in Lakemont costs $1,965.

What types of apartments are the cheapest in Lakemont?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 42 regular apartments in Lakemont that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lakemont?

Cheap apartments in Lakemont have an average cost of $223 which is $1,742 cheaper than the average rent for all rentals in Lakemont.

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.

decorative image for The 10 Best Affordable Neighborhoods in Houston, TX article

The 10 Best Affordable Neighborhoods in Houston, TX

Written by: Lori Rosario

Houston is a huge city, and it’s still growing, which makes it one of the most sought after places in the country to move.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.