Cheap Apartments for Rent in the Downtown Neighborhood of Tyler, TX from $400 (13 Rentals)

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

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Broadstone
1 to 3 Bedroom Apartments

Broadstone

2720 S Broadway AveTyler, TX 75701
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Rose Valley Apartments
2 to 4 Bedroom Apartments

Rose Valley Apartments

1007 N Northwest Loop 323Tyler, TX 75702
  • Utilities Included
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Laurel Flats
Studio to 2 Bedroom Apartments

Laurel Flats

1208 E Houston StTyler, TX 75702
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Fox Run
1 to 2 Bedroom Apartments

Fox Run

2601 S Southeast Loop 323Tyler, TX 75701

Downtown, Tyler, TX Local Guide

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Tyler, TX is a 2 Beds unit found at Lake View Apartments 55+ Older Senior Living priced from $554. Town Parc At Tyler has the second lowest priced unit, which is a 2 Beds apartment currently listed from $766. Here are the most affordable Downtown apartments for rent in Tyler, TX:

Apartment ListingModel NameBed/BathPriced From
Lake View Apartments 55+ Older Senior LivingTwo Bedroom2BR,2BA$554
Town Parc At Tyler2 Bedroom2BR,2BA$766
BroadstoneA11BR,1BA$895
Southwest Pines1 Bed, 1 Bath (60% Income Restricted)1BR,1BA$963
Nest ApartmentsA2 - Classic1BR,1BA$1,020

Best Value Apartments for Rent in Downtown, TX

As of September 11, 2025 the best value apartment in the Downtown area is the $0.53 price per square foot Two Bedroom Model at Lake View Apartments 55+ Older Senior Living in the in the Downtown neighborhood starting from $554. The second greatest value Downtown apartment is the 2 Bedroom Model at Town Parc At Tyler starting at $766 with a $0.75 price per square foot in the Downtown neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lake View Apartments 55+ Older Senior LivingTwo Bedroom2BR,2BA$0.53
Town Parc At Tyler2 Bedroom2BR,2BA$0.75
The WilcoxG1BR,1BA$2.56
415 Sunny Ln, Unit Boarding House Suite415 Sunny Ln1BR,1BA$1.75
Southwest Pines1 Bed, 1 Bath (60% Income Restricted)1BR,1BA$1.27
BroadstoneA11BR,1BA$1.28
Nest ApartmentsA2- Tier 21BR,1BA$1.74

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Pet Friendly Lifestyle
Downtown, Tyler, TX

Ranked #1

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Apartments

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is Broadstone which is listed at $895, while the average apartment in Downtown costs $1,299.

What types of apartments are the cheapest in Downtown?

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 8 regular apartments in Downtown 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?

Cheap apartments in Downtown have an average cost of $587 which is $712 cheaper than the average rent for all rentals in Downtown.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.