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

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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Rose Valley Apartments
2 to 4 Bedroom Apartments

Rose Valley Apartments

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

Laurel Flats

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

Fox Run

2601 S Southeast Loop 323Tyler, TX 75701
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Town Parc At Tyler
2 to 3 Bedroom Apartments

Town Parc At Tyler

2202 W Northwest Loop 323Tyler, TX 75702
  • Utilities Included

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 $516. Nest Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $975. 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$516
Nest ApartmentsA1 - Tier 1Studio,1BA$975
BroadstoneB12BR,2BA$1,095
The WilcoxC1BR,1BA$1,300
Midtown Apartments11BR,1BA$1,505

Best Value Apartments for Rent in Downtown, TX

As of June 24, 2025 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 $516 with a $0.49 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 Park DuplexesThree Bedroom/ Two Bath3BR,2BA$1.16
Lake View Apartments 55+ Older Senior LivingTwo Bedroom2BR,2BA$0.49
BroadstoneB12BR,2BA$1.13
The WilcoxG1BR,1BA$2.56
Midtown Apartments11BR,1BA$2.41
Nest ApartmentsA1 - Tier 1Studio ,1BA$2.19

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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 $945, while the average apartment in Downtown costs $1,550.

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 1 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 $197 which is $1,353 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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.