Cheap Apartments for Rent in Tokio, TX from $300 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in Tokio.

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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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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Park Place
1 to 3 Bedroom Apartments

Park Place

920 E Michigan AveHobbs, NM 88240
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-28, Page 1 of 1

Tokio, TX Local Guide

Cheapest Available Tokio Apartments for Rent and Nearby

 

The cheapest available apartment rental in Tokio, TX is a 1 Bed unit found at La Pradera priced from $519. Brownfield Heights Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Tokio apartments for rent:

Apartment ListingModel NameBed/BathPriced From
La Pradera1 Bedroom1BR,1BA$519
Brownfield Heights Apartments1 bedroom1BR,1BA$550
Stonebridge at Ironton1 Bedroom 1 Bathroom A11BR,1BA$714
Residence at WolfforthA11BR,1BA$733
Woodcrest ApartmentsE11BR,1BA$740
Sagewood ApartmentsLarge 1 Bedroom1BR,1BA$795
Quail CreekA1-1bd Upgraded1BR,1BA$840
Elm CreekOne Bedroom A11BR,1BA$850
Reserves at Saddleback RanchB2H-50%2BR,2BA$855
Jefferson House ApartmentsOne Bedroom One Bath1BR,1BA$870

Best Value Apartments for Rent in Tokio, TX and Nearby

As of May 02, 2026 the best value apartment in the Tokio area is the $1.22 price per square foot Unfurnished Model at Summerwind Terrace Townhomes in the starting from $1,345. The second greatest value Tokio apartment is the B2-60% Model at Reserves at Preston Trails starting at $1,048 with a $1.02 price per square foot in the Outer North Inner Loop neighborhood. Here is today’s list of the best values for Tokio apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summerwind Terrace TownhomesUnfurnished2BR,1.5BA$1.22
Reserves at Preston TrailsB2-60%2BR,2BA$1.02
Quail CreekA1-1bd Upgraded1BR,1BA$0.88
La Pradera2 Bedrooms2BR,1BA$0.68
Reserves at Saddleback RanchA1-60%1BR,1BA$1.08
Stonebridge at Ironton1 Bedroom 1 Bathroom A11BR,1BA$0.90
Sagewood ApartmentsLarge 1 Bedroom1BR,1BA$1.05
Dakota ArmsA21BR,1BA$1.26
Residence at WolfforthA11BR,1BA$1.13
Brownfield Heights Apartments1 bedroom1BR,1BA$0.92

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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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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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 Tokio, TX Rentals by Map

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Frequently Asked Questions about Cheap Tokio Apartments

How much is rent for a Cheap One Bedroom Tokio Apartment?

The lowest price for a Cheap One Bedroom Tokio Apartment is $519 at La Pradera.

What is the lowest price for a Cheap Two Bedroom Tokio Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Tokio is starting from $622 at La Pradera.

What is the most affordable Tokio Three Bedroom Apartment?

The best deal on a cheap Tokio Three Bedroom Apartment rental is at La Pradera and starts from $706.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.