
Cheap Apartments for Rent near San Felipe, TX from $500 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in San Felipe.


Magnolia Vista

Marquis at Katy

The Century at Katy

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Montage at Cinco Ranch

Lodge @ 1550

119 Lazy Ln

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Greenwood at Katy

Harvest Moon Apartments

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112 Lazy Ln
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.

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Boardwalk Lofts

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Willow Lake Apartments

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The Maddox

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120 Lazy Ln

115 Lazy Ln

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121 Lazy Ln

Lofts at Katy Ranch

Katy Ranch Apartments

The Retreat at Sealy

The Range at Tamarron
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.

The Vic at Jordan Ranch

Lakecrest Apartments

The Crossing at Katy Ranch

Pineview Terrace Apartments

Vail Apartments

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Broadstone Cross Creek Ranch

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Bellrock Market Station

The Standard at Franz

Boardwalk Square

Ennova Fulshear
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.

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The Cape at Grand Harbor

Alexan Fulshear

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Ascend at the Parkway

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Broadstone Jordan Ranch

Ivy Point Cinco Ranch

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Alders Cross Creek 62+ Active Adult Homes

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The Oak at Katy Park

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Camber Ridge at Cross Creek Ranch

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Territory at Anserra

Solea Cinco Ranch 55+ Active Adult
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.

Canvas on Founders Hill

Whispering Oaks Apartment Homes Sealy

913 Atchison St

7 Carol Ct

9 Becca Ct

3986 Avenue B

212 Autumn Berry Ln

3161 Wood Lily Dr

39551 Donigan Rd

3009 Paintbrush Dr
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.
San Felipe, TX Local Guide

How much does it cost to rent an apartment in San Felipe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| San Felipe Studio Apartments | $1,303 | $1,044 | $1,440 |
| San Felipe 1 Bedroom Apartments | $1,477 | $570 | $2,505 |
| San Felipe 2 Bedroom Apartments | $1,936 | $1,000 | $2,905 |
| San Felipe 3 Bedroom Apartments | $2,519 | $1,250 | $3,276 |
| San Felipe 4 Bedroom Apartments | $2,865 | $2,398 | $4,194 |
Browse Top Apartments in San Felipe
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San Felipe, TX Local Guide
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Cheapest Available San Felipe Apartments for Rent and Nearby
 The cheapest available apartment rental in San Felipe, TX is a 1 Bed unit found at Magnolia Vista in the Austin County neighborhood priced from $950. Marquis at Katy in the Falcon Ranch neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,029. Here is today’s list of the most affordable San Felipe apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Magnolia Vista | 1X1 | 1BR,1BA | $950 |
| Marquis at Katy | 1B | 1BR,1BA | $1,029 |
| Montage at Cinco Ranch | The Lenox | Studio,1BA | $1,044 |
| The Century at Katy | A2 | 1BR,1BA | $1,044 |
| Lodge @ 1550 | A1 | 1BR,1BA | $1,050 |
| Greenwood at Katy | Oak A | 1BR,1BA | $1,085 |
| Harvest Moon Apartments | A1 | 1BR,1BA | $1,095 |
| Boardwalk Lofts | A2 | Studio,1BA | $1,102 |
| Willow Lake Apartments | Pecos | 1BR,1BA | $1,106 |
Best Value Apartments for Rent in San Felipe, TX and Nearby
As of July 22, 2026 the best value apartment in the San Felipe area is the $1.44 price per square foot Caden Model at Broadway at Tamarron Rental Homes in the in the Cinco Ranch neighborhood starting from $2,292. The second greatest value San Felipe apartment is the B2 U Model at Pineview Terrace Apartments starting at $1,225 with a $1.15 price per square foot in the WoodCreek Reserve neighborhood. Here is today’s list of the best values for San Felipe apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Broadway at Tamarron Rental Homes | Caden | 3BR,2BA | $1.44 |
| Pineview Terrace Apartments | B2 U | 2BR,2BA | $1.15 |
| 112 Lazy Ln | 112 Lazy Ln | 2BR,1BA | $1.22 |
| 120 Lazy Ln | 120 Lazy Ln | 2BR,1BA | $1.25 |
| 115 Lazy Ln | 115 Lazy Ln | 2BR,1BA | $1.25 |
| 121 Lazy Ln | 121 Lazy Ln | 2BR,1BA | $1.25 |
| Magnolia Vista | 1X1 | 1BR,1BA | $1.06 |
| Vail Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.37 |
| Willow Lake Apartments | Pecos | 1BR,1BA | $1.33 |
| Harvest Moon Apartments | A1 | 1BR,1BA | $1.47 |
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 San Felipe, TX Rentals by Map
See the most popular apartments and homes in San Felipe, TX
Frequently Asked Questions about Cheap San Felipe Apartments
What is the Cheapest Studio apartment in San Felipe?
Currently the most affordable Cheap Studio Apartment in San Felipe is at Montage at Cinco Ranch listed at $1,044.
How much is rent for a Cheap One Bedroom San Felipe Apartment?
The lowest price for a Cheap One Bedroom San Felipe Apartment is $950 at Magnolia Vista.
What is the lowest price for a Cheap Two Bedroom San Felipe Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in San Felipe is starting from $1,000 at Magnolia Vista.
What is the most affordable San Felipe Three Bedroom Apartment?
The best deal on a cheap San Felipe Three Bedroom Apartment rental is at Magnolia Vista and starts from $1,250.
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.