Cheap Apartments for Rent in the Downtown Temple Neighborhood of Temple, TX from $600 (23 Rentals)

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

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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University Courtyard
1 to 4 Bedroom Apartments

University Courtyard

2315 S 1st StTemple, TX 76504
Student Housing
  • Utilities Included
property at 714 S 20th St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

2 Bedroom, 1 Bath Condo for Rent

Available Now

714 S 20th St, Unit B, Unit B

714 S 20th St
TempleTX76501

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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Hawn Plaza
1 to 2 Bedroom Apartments

Hawn Plaza

114 E Central AveTemple, TX 76501
Showing Results 1-23, Page 1 of 1

Downtown Temple, Temple, TX Local Guide

Cheapest Available Downtown Temple Apartments for Rent

 

The cheapest available apartment rental in the Downtown Temple area of Temple, TX is a 1 Bed unit found at Heritage Village Apartments priced from $639. Village at Meadowbend has the second lowest priced unit, which is a 1 Bed apartment currently listed from $787. Here are the most affordable Downtown Temple apartments for rent in Temple, TX:

Apartment ListingModel NameBed/BathPriced From
Heritage Village Apartments1-1 (704)1BR,1BA$639
Village at MeadowbendThe Elm 1 Bed / 1 Bath1BR,1BA$787
Waterford Park ApartmentsA11BR,1BA$799
Apple CreekS1-PremiumStudio,1BA$799
The Bridge Apartments1 bed/1 bath1BR,1BA$800

Best Value Apartments for Rent in Downtown Temple, TX

As of April 11, 2026 the best value apartment in the Downtown Temple area is the $1.16 price per square foot Elgin Model at Pecan Creek in the in the Windmill Farms neighborhood starting from $1,875. The second greatest value Downtown Temple apartment is the 3x2 Model at 4 Hundred Apartments starting at $999 with a $0.83 price per square foot in the Windmill Farms neighborhood. Here is today’s list of the best values for Downtown Temple apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pecan CreekElgin4BR,2BA$1.16
4 Hundred Apartments3x23BR,2BA$0.83
Parks on the Green2 Bedroom 1 Bathroom2BR,1BA$1.36
Bell TowerA21BR,1BA$1.54
Waterford Park ApartmentsA11BR,1BA$1.00
Village at MeadowbendThe Elm 1 Bed / 1 Bath1BR,1BA$1.05
Mariposa Scott and White 55+ Apartment Homes1 Bed 1 Bath1BR,1BA$1.23
Heritage Village Apartments2x1 (689)2BR,1BA$1.07
Marland PlaceOne Bedroom1BR,1BA$1.32
Oaks at Creekside ApartmentsA11BR,1BA$1.55

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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.

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Pet Friendly Lifestyle
Downtown Temple, Temple, TX

Ranked #3

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Temple Apartments

What is a cheap apartment in Downtown Temple?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Temple is under $899.

What is the price of a cheap apartment in Downtown Temple?

The cheapest apartment in Downtown Temple is Heritage Village Apartments which is listed at $639, while the average apartment in Downtown Temple costs $1,893.

What types of apartments are the cheapest in Downtown Temple?

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 13 regular apartments in Downtown Temple 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 Temple?

Cheap apartments in Downtown Temple have an average cost of $112 which is $1,781 cheaper than the average rent for all rentals in Downtown Temple.

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 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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.