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

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Broadstone
1 to 3 Bedroom Apartments

Broadstone

2720 S Broadway AveTyler, TX 75701

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.

close
View Me
Rose Valley Apartments
2 to 4 Bedroom Apartments

Rose Valley Apartments

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

Laurel Flats

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

Fox Run

2601 S Southeast Loop 323Tyler, TX 75701

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

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. Southwest Pines has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. 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
Southwest Pines1 Bed, 1 Bath (60% Income Restricted)1BR,1BA$875
BroadstoneA11BR,1BA$895
Nest ApartmentsB1W - Classic2BR,1BA$1,100
Town Parc At Tyler3 Bedroom3BR,2BA$1,184

Best Value Apartments for Rent in Downtown, TX

As of November 16, 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 $1,184 with a $1.17 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$1.17
1036 E Elm St, Unit #2001036 E Elm St2BR,1BA$1.20
The WilcoxG1BR,1BA$2.56
Nest ApartmentsB1W - Tier 22BR,1.5BA$1.65
Southwest Pines1 Bed, 1 Bath (60% Income Restricted)1BR,1BA$1.16
BroadstoneA11BR,1BA$1.28

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown, Tyler, TX

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Downtown Apartments

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is Southwest Pines which is listed at $875, while the average apartment in Downtown costs $1,220.

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 10 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 $429 which is $791 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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.