Cheap Apartments for Rent in the Downtown San Marcos Neighborhood of San Marcos, TX from $400 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown San Marcos area of San Marcos.

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.

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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.

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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.

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165 Lofts
1 to 3 Bedroom Apartments

165 Lofts

165 S Guadalupe StSan Marcos, TX 78666
  • Utilities Included

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.

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R Squared
1 to 2 Bedroom Apartments

R Squared

140 S Fredericksburg StSan Marcos, TX 78666
  • Utilities Included
Showing Results 1-38, Page 1 of 1

Downtown San Marcos, San Marcos, TX Local Guide

Cheapest Available Downtown San Marcos Apartments for Rent

 

The cheapest available apartment rental in the Downtown San Marcos area of San Marcos, TX is a 4 Beds unit found at The Thompson | Student Housing priced from $579. Green Spring Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $680. Here are the most affordable Downtown San Marcos apartments for rent in San Marcos, TX:

Apartment ListingModel NameBed/BathPriced From
The Thompson | Student Housing4 Bedroom Flat4BR,4BA$579
Green Spring Apartments2BR/2.0BA2BR,2BA$680
Tapestry at Aquarena SpringsA21BR,1BA$686
El MontyOne Bedroom1BR,1BA$725
RedwoodB12BR,2BA$769
La Vista1 Bedroom1BR,1BA$775
The Lanes at OsloStudio DStudio,1BA$780
Ranch at 1856 ApartmentsClassic | 1 Bed 1 bath1BR,1BA$795
The Summit Apartments1X1 A11BR,1BA$825
Stone Brook Seniors1x11BR,1BA$833

Best Value Apartments for Rent in Downtown San Marcos, TX

As of July 14, 2026 the best value apartment in the Downtown San Marcos area is the $0.76 price per square foot D1 Model at Redwood in the in the San Marcos neighborhood starting from $1,462. The second greatest value Downtown San Marcos apartment is the D1 Model at Axis at SMTX starting at $695 with a $0.40 price per square foot in the San Marcos neighborhood. Here is today’s list of the best values for Downtown San Marcos apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
RedwoodD14BR,2BA$0.76
Axis at SMTXD14BR,4.5BA$0.40
The Thompson | Student Housing4 Bedroom 4 Bathroom Townhome4BR,4BA$0.37
The Village on Telluride2BR/2.5BA Renovated2BR,2.5BA$0.65
Leah Avenue Student TownhomesRENOVATED TOWNHOME4BR,4BA$0.33
The Local Downtown4X4D14BR,4BA$0.64
Villas at Willow Springs3 Bed 2 Bath (Flat)3BR,2BA$0.98
Florencia VillaResidential2BR,2BA$1.00
Cabana Beach San Marcos2x22BR,2BA$0.69
Millennium on PostTwo Bedroom - Priced by the Bed2BR,2BA$0.87

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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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
Downtown San Marcos, San Marcos, TX

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown San Marcos Apartments

What is a cheap apartment in Downtown San Marcos?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown San Marcos is under $833.

What is the price of a cheap apartment in Downtown San Marcos?

The cheapest apartment in Downtown San Marcos is Tapestry at Aquarena Springs which is listed at $686, while the average apartment in Downtown San Marcos costs $1,124.

What types of apartments are the cheapest in Downtown San Marcos?

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 296 regular apartments in Downtown San Marcos 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 Downtown San Marcos?

Cheap apartments in Downtown San Marcos have an average cost of $678 which is $446 cheaper than the average rent for all rentals in Downtown San Marcos.

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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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.