
Cheap Homes for Rent in Downtown Temple Neighborhood of Temple, TX from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Temple area of Temple.


714 S 20th St, Unit B, Unit B

715 N 20th St, Unit Unit 07
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.

810 E Avenue C

306 S 23rd St, Unit Unit B

306 S 23rd St, Unit Unit A
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.
Downtown Temple, Temple, TX Local Guide

How much does it cost to rent a home in Downtown Temple?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Temple 2 Bedroom Homes for Rent | $750 | $750 | $750 |
| Downtown Temple 3 Bedroom Homes for Rent | $1,396 | $1,050 | $1,475 |
| Downtown Temple 5 Bedroom Homes for Rent | $1,675 | $1,675 | $1,675 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Temple Neighborhood of Temple, TX.
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Downtown Temple, Temple, TX Local Guide
- Nearby Temple neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Village Apartments | 1-1 (704) | 1BR,1BA | $639 |
| Village at Meadowbend | The Elm 1 Bed / 1 Bath | 1BR,1BA | $787 |
| Apple Creek | S1-Premium | Studio,1BA | $799 |
Best Value Apartments for Rent in Downtown Temple, TX
As of April 24, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pecan Creek | Elgin | 4BR,2BA | $1.16 |
| 4 Hundred Apartments | 3x2 | 3BR,2BA | $0.83 |
| Portico at Friars Creek | 1 Bed Loft w/ Att Garage (Price not included) | 1BR,1BA | $1.55 |
| Parks on the Green | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
| Waterford Park Apartments | A1 | 1BR,1BA | $1.00 |
| Village at Meadowbend | The Elm 1 Bed / 1 Bath | 1BR,1BA | $1.05 |
| Bell Tower | A1 | 1BR,1BA | $1.55 |
| Heritage Village Apartments | 2x1 (689) | 2BR,1BA | $1.07 |
| Marland Place | One Bedroom | 1BR,1BA | $1.32 |
| Oaks at Creekside Apartments | A1 | 1BR,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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Temple, Temple, TX
Ranked #3
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Downtown Temple
What type of rentals are currently available in Downtown Temple?
There are currently 28 Apartments for Rent in Downtown Temple, TX with pricing that ranges from $624 to $2,199. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Temple ranging from $750 to $1,675.
What is the current price range for Rental Homes in Downtown Temple?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Temple ranges from $750 to $1,675 with an average monthly rent of $1,155.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.

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.

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.