
Cheap Apartments for Rent in the Downtown Neighborhood of Tyler, TX from $400 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Tyler.


514 S Bois D Arc Ave

Total Monthly Price
Nest Apartments

Broadway Reserve Apartments – A Fresh, Revitalized Home in Tyler, TX

Moore Grocery Lofts

714 W Bow St
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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.

Villa Milano Apartments

Liberty Arms Apartments

Laurel Flats

625 Augusta Ave

Fox Run

1535 N Tenneha Ave
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.
Downtown, Tyler, TX Local Guide

How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $870 | $799 | $1,045 |
| Downtown 1 Bedroom Apartments | $1,133 | $466 | $2,310 |
| Downtown 2 Bedroom Apartments | $1,155 | $557 | $2,340 |
| Downtown 3 Bedroom Apartments | $1,318 | $1,079 | $1,625 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Tyler, TX.
See all Apartments in TylerExplore Tyler
Downtown, Tyler, TX Local Guide
- Nearby Tyler neighborhoods
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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 $557. Nest Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Downtown apartments for rent in Tyler, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lake View Apartments 55+ Older Senior Living | Two Bedroom | 2BR,2BA | $557 |
| Nest Apartments | A1 - Classic | Studio,1BA | $799 |
| Broadway Reserve Apartments – A Fresh, Revitalized Home in Tyler, TX | A1 | 1BR,1BA | $820 |
| Southwest Pines | 2 Bed, 2 Bath (60% Income Restricted) | 2BR,2BA | $1,029 |
| Town Parc At Tyler | 3 Bedroom | 3BR,2BA | $1,184 |
Best Value Apartments for Rent in Downtown, TX
As of February 26, 2026 the best value apartment in the Downtown area is the $1.16 price per square foot Three Bedroom/ Two Bath Model at Lake Park Duplexes in the in the Downtown neighborhood starting from $1,625. The second greatest value Downtown apartment is the Two Bedroom Model at Lake View Apartments 55+ Older Senior Living starting at $557 with a $0.53 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lake Park Duplexes | Three Bedroom/ Two Bath | 3BR,2BA | $1.16 |
| Lake View Apartments 55+ Older Senior Living | Two Bedroom | 2BR,2BA | $0.53 |
| Southwest Pines | 2 Bed, 2 Bath (60% Income Restricted) | 2BR,2BA | $0.99 |
| Town Parc At Tyler | 2 Bedroom | 2BR,2BA | $1.17 |
| The Wilcox | G | 1BR,1BA | $2.56 |
| Broadway Reserve Apartments – A Fresh, Revitalized Home in Tyler, TX | A1 | 1BR,1BA | $1.18 |
| Nest Apartments | A1 - Classic | Studio ,1BA | $1.80 |
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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, Tyler, TX
Ranked #1
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Apartments
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Broadway Reserve Apartments – A Fresh, Revitalized Home in Tyler, TX which is listed at $820, while the average apartment in Downtown costs $1,330.
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 9 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 $223 which is $1,107 cheaper than the average rent for all rentals in Downtown.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.