Cheap Apartments for Rent near Telephone, TX from $484 (60 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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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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Birchway Sherman
Rent Specials
$910 - $2,546

Total Monthly Price

Base Rent$910 - $2,546
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Birchway Sherman

601 Graham DrSherman, TX 75092
Student Housing
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Aspire at Sherman
Rent Specials
$1,019 - $1,771

Total Monthly Price

Base Rent$1,019 - $1,771
Total Monthly Price$1,019 - $1,771
Studio to 2 Bedroom Apartments Available Now

Aspire at Sherman

1111 Gallagher DrSherman, TX 75090
Family Friendly
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Concord Village
$1,150 - $1,500

Total Monthly Price

Base Rent$1,150 - $1,500
Total Monthly Price$1,150 - $1,500
1 to 3 Bedroom Apartments Available Now

Concord Village

820 N Sam Rayburn FwySherman, TX 75090
Family Friendly
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  • Smoke Free

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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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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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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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. Ridgeview in the Country Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. 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
RidgeviewA11BR,1BA$645
Ridgeview Townhomes1 Bed/1 Bath1BR,1BA$689
Highland Park ApartmentsClassic 1Bed / 1Bath1BR,1BA$699
23Hundred Apartments1 Bedroom 1 Bathroom1BR,1BA$719
Nicholson HouseAPT#301BR,1BA$725
Archer Village ApartmentsEfficiency/StudioStudio,1BA$750
Avalon Apartments2.12BR,1BA$775
Northside on TravisA11BR,1BA$780
RIVER RANCH APARTMENTSA11BR,1BA$793

Best Value Apartments for Rent in Telephone, TX and Nearby

As of September 05, 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
Northridge Villas2 Bedroom 1 Bath2BR,1BA$1.02
Timber Ridge Apartments2x22BR,2BA$0.88
RidgeviewB12BR,1BA$1.00
Avalon Apartments2.12BR,1BA$0.99
Castle Hill ApartmentsA11BR,1BA$1.03
RIVER RANCH APARTMENTSA11BR,1BA$1.06
Ridgeview Townhomes1 Bed/1 Bath1BR,1BA$0.93
Heritage Park/Lakeview Park ApartmentsA11BR,1BA$0.67

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Frequently Asked Questions about Cheap Telephone Apartments

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.