Cheap Homes for Rent in Downtown Terrell Neighborhood of Terrell, TX from $900 (2 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Terrell area of Terrell.

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.

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 Terrell, Terrell, TX Local Guide

Best Value Apartments for Rent in Downtown Terrell, TX

As of June 11, 2026 the best value apartment in the Downtown Terrell area is the $1.05 price per square foot 2 Bedroom 2 Bath Model at Tiffany Square in the in the Downtown Terrell neighborhood starting from $1,150. The second greatest value Downtown Terrell apartment is the 2 Bed 2 Bath Ranch Model at Heather Lane starting at $1,150 with a $1.34 price per square foot in the Downtown Terrell neighborhood. Here is today’s list of the best values for Downtown Terrell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tiffany Square2 Bedroom 2 Bath2BR,2BA$1.05
Heather Lane2 Bed 2 Bath Ranch2BR,2BA$1.34
Parkview Apartments1 Bedroom 1 Bathroom1BR,1BA$1.59
Magnolia Grove Apartments1x1 704 sq ft1BR,1BA$1.75
Timbers At The ParkAugusta1BR,1BA$1.69

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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Quick Rent Budget Calculator

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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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Frequently Asked Questions about Downtown Terrell

What type of rentals are currently available in Downtown Terrell?

There are currently 20 Apartments for Rent in Downtown Terrell, TX with pricing that ranges from $1,150 to $2,152. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Terrell ranging from $950 to $2,350.

What is the current price range for Rental Homes in Downtown Terrell?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Terrell ranges from $950 to $2,350 with an average monthly rent of $1,600.

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.

Helpful Local Expert Guides

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The 10 Best Affordable Neighborhoods in Dallas, TX

Written by: Tiffany Clark

Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

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Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX

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According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.

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The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers

Written by: Tiffany Clark

Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.

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An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years

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My ancestors on both sides were some of the earliest Texas settlers, and I have that big Texas pride that we Texans are famous for. While I've lived in other places, Texas always has been and always will be home.

Articles, How-To's, and Tips

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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.

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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.