Cheap Apartments for Rent near San Felipe, TX from $500 (50 Rentals)

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

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Montage at Cinco Ranch
Rent Specials
$1,044 - $2,484
Total Monthly Price

Total Monthly Price

Base Rent
$1,044 - $2,484

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Studio to 3 Bedroom Apartments Available Now

Montage at Cinco Ranch

24333 Cinco Terrace DrKaty, TX 77494
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Greenwood at Katy
$1,085 - $2,415
Total Monthly Price

Total Monthly Price

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$1,085 - $2,415

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1 to 3 Bedroom Apartments Available Now

Greenwood at Katy

1700 Katy Fort Bend RdKaty, TX 77493
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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
Rent Specials
$1,102 - $2,660
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Total Monthly Price

Base Rent
$1,102 - $2,660

Total Monthly Price
$1,102 - $2,660
Studio to 3 Bedroom Apartments Available Now

Boardwalk Lofts

122 Lakeview WayKaty, TX 77494
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The Maddox
Rent Specials
$1,113 - $2,545
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$1,113 - $2,545

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1 to 3 Bedroom Apartments Available Now

The Maddox

1330 Park West Green PkyKaty, TX 77493
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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.

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
Rent Specials
$1,283 - $2,487
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Total Monthly Price

Base Rent
$1,283 - $2,487

Total Monthly Price
$1,283 - $2,487
1 to 3 Bedroom Apartments Available Jul 23

The Cape at Grand Harbor

24758 Grand Harbor DrKaty, TX 77494
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Ascend at the Parkway
Rent Specials
$1,315 - $2,404
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Total Monthly Price

Base Rent
$1,315 - $2,404

Total Monthly Price
$1,315 - $2,404
1 to 3 Bedroom Apartments Available Now

Ascend at the Parkway

3615 Texas Heritage PkyKaty, TX 77494
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Broadstone Jordan Ranch
Rent Specials
$1,345 - $6,585
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$1,345 - $6,585

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1 to 3 Bedroom Apartments Available Now

Broadstone Jordan Ranch

29655 Jordan Crossing BlvdBrookshire, TX 77423
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Territory at Anserra
Rent Specials
$1,555 - $5,492
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Base Rent
$1,555 - $5,492

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1 to 3 Bedroom Apartments Available Now

Territory at Anserra

4000 Anserra TrlKaty, TX 77494
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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.

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

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 ListingModel NameBed/BathPriced From
Magnolia Vista1X11BR,1BA$950
Marquis at Katy1B1BR,1BA$1,029
Montage at Cinco RanchThe LenoxStudio,1BA$1,044
The Century at KatyA21BR,1BA$1,044
Lodge @ 1550A11BR,1BA$1,050
Greenwood at KatyOak A1BR,1BA$1,085
Harvest Moon ApartmentsA11BR,1BA$1,095
Boardwalk LoftsA2Studio,1BA$1,102
Willow Lake ApartmentsPecos1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Broadway at Tamarron Rental HomesCaden3BR,2BA$1.44
Pineview Terrace ApartmentsB2 U2BR,2BA$1.15
112 Lazy Ln112 Lazy Ln2BR,1BA$1.22
120 Lazy Ln120 Lazy Ln2BR,1BA$1.25
115 Lazy Ln115 Lazy Ln2BR,1BA$1.25
121 Lazy Ln121 Lazy Ln2BR,1BA$1.25
Magnolia Vista1X11BR,1BA$1.06
Vail Apartments2 Bed 1 Bath2BR,1BA$1.37
Willow Lake ApartmentsPecos1BR,1BA$1.33
Harvest Moon ApartmentsA11BR,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.

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Real 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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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.

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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.

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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.

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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.