Cheap Apartments for Rent in Telephone, TX from $400 (51 Rentals)

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

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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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
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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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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
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Peppertree Townhomes
1 to 2 Bedroom Apartments

Peppertree Townhomes

1900 W TaylorSherman, TX 75092
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Travis Park RGLLC
1 to 2 Bedroom Apartments

Travis Park RGLLC

826 S Travis StSherman, TX 75090
  • Utilities Included

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.

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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 Celebration Paris in the Givens neighborhood priced from $400. Heritage Park/Lakeview Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $484. Here is today’s list of the most affordable Telephone apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Celebration Paris1BR-1BA1BR,1BA$400
Heritage Park/Lakeview Park ApartmentsA11BR,1BA$484
Parkdale Villas1 Bedroom1BR,1BA$487
RidgeviewA11BR,1BA$645
Timber Ridge Apartments1x11BR,1BA$675
RIVER RANCH APARTMENTSEFF1BR,1BA$700
Gant Apartments1BR/1.0BA1BR,1BA$710
Abbington Commons of Whitewright1BD1BR,1BA$716
Archer Village ApartmentsEfficiency/StudioStudio,1BA$750
Avalon Apartments2.12BR,1BA$775

Best Value Apartments for Rent in Telephone, TX and Nearby

As of June 06, 2026 the best value apartment in the Telephone area is the $0.92 price per square foot 3 Bedroom 1.5 Bath TH Model at Northridge Villas in the in the Country Ridge neighborhood starting from $1,220. The second greatest value Telephone apartment is the 3BD Model at Abbington Commons of Whitewright starting at $1,245 with a $1.03 price per square foot . 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.
Northridge Villas3 Bedroom 1.5 Bath TH3BR,1.5BA$0.92
Abbington Commons of Whitewright3BD3BR,2BA$1.03
RidgeviewB12BR,1BA$1.00
Avalon Apartments2.12BR,1BA$0.99
Parkdale Villas1 Bedroom1BR,1BA$0.64
The Circle at DenisonThe Circle at Denison - Beautiful 1 Bedroom Apa...1BR,1BA$1.13
The District at ShermanThe Norwegian - 1 Bedroom Apartment Home1BR,1BA$1.13
Heritage Park/Lakeview Park ApartmentsA11BR,1BA$0.67
Celebration Paris1BR-1BA1BR,1BA$0.55
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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $400 at Celebration Paris.

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 $480 at Celebration Paris.

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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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.