Cheap Apartments for Rent in the Downtown Temple Neighborhood of Temple, TX from $600 (21 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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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 1240 Honor Ln

$845

Total Monthly Price

Total Monthly Price

Base Rent
$845

Total Monthly Price
$845

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1240 Honor Ln

TempleTX76501
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Hawn Plaza
1 to 2 Bedroom Apartments

Hawn Plaza

114 E Central AveTemple, TX 76501

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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.

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
Oaks at Creekside ApartmentsA11BR,1BA$797
Apple CreekS1-PremiumStudio,1BA$799
Waterford Park ApartmentsA11BR,1BA$799

Best Value Apartments for Rent in Downtown Temple, TX

As of July 12, 2026 the best value apartment in the Downtown Temple area is the $1.41 price per square foot Ashburn Model at Pecan Creek in the in the Temple neighborhood starting from $1,786. 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 Temple 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 CreekAshburn3BR,2BA$1.41
4 Hundred Apartments3x23BR,2BA$0.83
Bell TowerB32BR,2BA$1.30
Villas on the HillB12BR,2BA$1.34
Windsor Court Apartments1BD/1B1BR,1BA$1.21
Parks on the Green2 Bedroom 1 Bathroom2BR,1BA$1.36
Waterford Park ApartmentsA11BR,1BA$1.00
Village at MeadowbendThe Elm 1 Bed / 1 Bath1BR,1BA$1.05
Heritage Village Apartments2x1 (689)2BR,1BA$1.07
Marland PlaceOne Bedroom1BR,1BA$1.39

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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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 $999.

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 $2,186.

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 9 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 $128 which is $2,058 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

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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.