Cheap Apartments for Rent in San Felipe, TX from $500 (42 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

close
View Me
Montage at Cinco Ranch
Rent Specials
$1,116 - $2,547
Total Monthly Price

Total Monthly Price

Base Rent
$1,116 - $2,547

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Montage at Cinco Ranch

24333 Cinco Terrace DrKaty, TX 77494
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Boardwalk Lofts
Rent Specials
$1,170 - $3,635
Total Monthly Price

Total Monthly Price

Base Rent
$1,170 - $3,635

Total Monthly Price
$1,170 - $3,635
Studio to 3 Bedroom Apartments Available Now

Boardwalk Lofts

122 Lakeview WayKaty, TX 77494
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

close
View Me
Greenwood at Katy
Rent Specials
$1,335 - $2,365
Total Monthly Price

Total Monthly Price

Base Rent
$1,335 - $2,365

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Greenwood at Katy

1700 Katy Fort Bend RdKaty, TX 77493
Accessibility
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Territory at Anserra
Rent Specials
$1,655 - $3,694
Total Monthly Price

Total Monthly Price

Base Rent
$1,655 - $3,694

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Territory at Anserra

4000 Anserra TrlKaty, TX 77494
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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.

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 The Century at Katy in the Falcon Ranch neighborhood priced from $994. Lodge @ 1550 in the Grayson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable San Felipe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Century at KatyA21BR,1BA$994
Lodge @ 1550A11BR,1BA$999
The Cape at Grand HarborChesapeake1BR,1BA$1,071
Marquis at Katy1A1BR,1BA$1,081
Harvest Moon ApartmentsA11BR,1BA$1,095
Willow Lake ApartmentsPecos1BR,1BA$1,097
Broadstone Cross Creek RanchEFStudio,1BA$1,105
Montage at Cinco RanchThe LenoxStudio,1BA$1,116
Lofts at Katy RanchA1 - 1 Bedroom1BR,1BA$1,131
Katy Ranch Apartments1 Bed, 1 Bath B (80% Income Restricted)1BR,1BA$1,163

Best Value Apartments for Rent in San Felipe, TX and Nearby

As of May 24, 2026 the best value apartment in the San Felipe area is the $1.42 price per square foot Dogwood Model at The Villas at Tamarron in the in the Grayson neighborhood starting from $2,400. The second greatest value San Felipe apartment is the Caden Model at Broadway at Tamarron Rental Homes starting at $2,275 with a $1.43 price per square foot in the Cinco Ranch 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.
The Villas at TamarronDogwood3BR,2.5BA$1.42
Broadway at Tamarron Rental HomesCaden3BR,2BA$1.43
Covey Homes TamarronDill4BR,2BA$1.49
Braxton at TamarronC13BR,2BA$1.60
The Crossing at Katy RanchB12BR,2BA$1.52
Pineview Terrace ApartmentsB2 U2BR,2BA$1.34
Willow Lake ApartmentsComal2BR,2BA$1.36
Vail Apartments2 Bed 1 Bath2BR,1BA$1.37
Katy Ranch Apartments1 Bed, 1 Bath D (80% Income Restricted)1BR,1BA$1.58
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.

Read Article
Decorative image

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.

Read Article
Decorative image

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

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

Explore San Felipe, TX Rentals by Map

View Map
San Felipe, TX Apartments Map
View Map
San Felipe, TX Rental Homes Map

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 Broadstone Cross Creek Ranch listed at $1,105.

How much is rent for a Cheap One Bedroom San Felipe Apartment?

The lowest price for a Cheap One Bedroom San Felipe Apartment is $994 at The Century at Katy.

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 $1,230 at Vail Apartments.

What is the most affordable San Felipe Three Bedroom Apartment?

The best deal on a cheap San Felipe Three Bedroom Apartment rental is at Marquis at Katy and starts from $1,811.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.