Cheap Apartments for Rent near Telephone, TX from $400 (57 Rentals)

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

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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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.

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Birchway Sherman
Rent Specials
$960 - $1,586
Total Monthly Price

Total Monthly Price

Base Rent
$960 - $1,586
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Birchway Sherman

601 Graham DrSherman, TX 75092
Student Housing
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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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Aspire at Sherman
Rent Specials
$1,019 - $1,769
Total Monthly Price

Total Monthly Price

Base Rent
$1,019 - $1,769
Total Monthly Price
$1,019 - $1,769
Studio to 2 Bedroom Apartments Available Now

Aspire at Sherman

1111 Gallagher DrSherman, TX 75090
Pet Friendly
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Ridgeview
1 to 3 Bedroom Apartments

Ridgeview

1800 W Washington StSherman, TX 75092
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Legacy Apartments
1 to 2 Bedroom Apartments

Legacy Apartments

422 S Crockett StSherman, TX 75090
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23Hundred Apartments
1 to 2 Bedroom Apartments

23Hundred Apartments

2300 W Taylor StSherman, TX 75092
  • Utilities Included

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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Concord Village
1 to 3 Bedroom Apartments

Concord Village

820 N Sam Rayburn FwySherman, TX 75090
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The Heights
1 to 2 Bedroom Apartments

The Heights

4501 W University BlvdDurant, OK 74701
  • Utilities Included
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Peppertree Townhomes
1 to 2 Bedroom Apartments

Peppertree Townhomes

1900 W TaylorSherman, TX 75092
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

Telephone, TX Local Guide

Cheapest Available Telephone Apartments for Rent and Nearby

 

The cheapest available apartment rental in Telephone, TX is a 1 Bed unit found at Heritage Park/Lakeview Park Apartments priced from $484. Parkdale Villas in the Country Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $487. Here is today’s list of the most affordable Telephone apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heritage Park/Lakeview Park ApartmentsA11BR,1BA$484
Parkdale Villas1 Bedroom1BR,1BA$487
RidgeviewA11BR,1BA$645
Timber Ridge Apartments1x11BR,1BA$675
Ridgeview Townhomes1 Bed/1 Bath1BR,1BA$689
RIVER RANCH APARTMENTSEFF1BR,1BA$709
Archer Village ApartmentsEfficiency/StudioStudio,1BA$750
Easton ParcE11BR,1BA$764
Avalon Apartments2.12BR,1BA$775
Gant Apartments1BR/1.0BA1BR,1BA$785

Best Value Apartments for Rent in Telephone, TX and Nearby

As of July 22, 2026 the best value apartment in the Telephone area is the $1.03 price per square foot 3BD Model at Abbington Commons of Whitewright in the starting from $1,245. The second greatest value Telephone apartment is the 2 Bed/2 Bath Model at Town Parc at Paris starting at $829 with a $0.78 price per square foot in the Downtown Paris neighborhood. Here is today’s list of the best values for Telephone apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Abbington Commons of Whitewright3BD3BR,2BA$1.03
Town Parc at Paris2 Bed/2 Bath2BR,2BA$0.78
Castle Hill ApartmentsB22BR,2BA$0.82
Northridge Villas2 Bedroom 1 Bath2BR,1BA$1.05
RidgeviewB12BR,1BA$1.00
Avalon Apartments2.12BR,1BA$0.99
Parkdale Villas1 Bedroom1BR,1BA$0.64
Ridgeview Townhomes1 Bed/1 Bath1BR,1BA$0.93
Heritage Park/Lakeview Park ApartmentsA11BR,1BA$0.67
Timber Ridge Apartments1x11BR,1BA$1.06

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

Explore Telephone, TX Rentals by Map

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See the most popular apartments and homes in Telephone, TX

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Frequently Asked Questions about Cheap Telephone Apartments

What is the Cheapest Studio apartment in Telephone?

Currently the most affordable Cheap Studio Apartment in Telephone is at Archer Village Apartments listed at $750.

How much is rent for a Cheap One Bedroom Telephone Apartment?

The lowest price for a Cheap One Bedroom Telephone Apartment is $484 at Heritage Park/Lakeview Park Apartments.

What is the lowest price for a Cheap Two Bedroom Telephone Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Telephone is starting from $578 at Heritage Park/Lakeview Park Apartments.

What is the most affordable Telephone Three Bedroom Apartment?

The best deal on a cheap Telephone Three Bedroom Apartment rental is at Heritage Park/Lakeview Park Apartments and starts from $660.

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.