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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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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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

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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 1 Bed unit found at Broadway Reserve Apartments – A Fresh, Revitalized Home in Tyler, TX priced from $820. Nest Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Downtown apartments for rent in Tyler, TX:

Apartment ListingModel NameBed/BathPriced From
Broadway Reserve Apartments – A Fresh, Revitalized Home in Tyler, TXA11BR,1BA$820
Nest ApartmentsA1 - ClassicStudio,1BA$875
Town Parc At Tyler2 Bedroom2BR,2BA$975
Southwest Pines2 Bed, 2 Bath (60% Income Restricted)2BR,2BA$1,155
West Park at DowntownA21BR,1BA$1,250

Best Value Apartments for Rent in Downtown, TX

As of January 10, 2026 the best value apartment in the Downtown area is the $1.11 price per square foot 2 Bed, 2 Bath (60% Income Restricted) Model at Southwest Pines in the in the Downtown neighborhood starting from $1,155. The second greatest value Downtown apartment is the 2 Bedroom Model at Town Parc At Tyler starting at $975 with a $0.96 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.
Southwest Pines2 Bed, 2 Bath (60% Income Restricted)2BR,2BA$1.11
Town Parc At Tyler2 Bedroom2BR,2BA$0.96
The WilcoxG1BR,1BA$2.56
West Park at DowntownA21BR,1BA$1.47
Broadway Reserve Apartments – A Fresh, Revitalized Home in Tyler, TXA11BR,1BA$1.18
Nest ApartmentsA1 - ClassicStudio ,1BA$1.97

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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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

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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 Broadway Reserve Apartments – A Fresh, Revitalized Home in Tyler, TX which is listed at $820, while the average apartment in Downtown costs $1,199.

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 $484 which is $715 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

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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!