Cheap Homes for Rent in the Downtown Neighborhood of Tyler, TX from $600 (4 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Downtown, Tyler, TX Local Guide

Best Value Apartments for Rent in Downtown, TX

As of July 31, 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 3 Bed, 2 Bath (60% Income Restricted) Model at Southwest Pines starting at $1,326 with a $1.14 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
Southwest Pines3 Bed, 2 Bath (60% Income Restricted)3BR,2BA$1.14
Lake View Apartments 55+ Older Senior LivingTwo Bedroom2BR,2BA$0.57
Moore Grocery Lofts2x2 60%B2BR,2BA$1.22
Town Parc At Tyler2 Bedroom2BR,2BA$1.01
637 S Chilton Ave, Unit 637 Chilton Apt B637 S Chilton Ave1BR,1BA$1.06
415 Sunny Ln, Unit Boarding House Suite415 Sunny Ln1BR,1BA$1.77
Liberty Arms Apartments2D2BR,1BA$1.57
The Lodge on BroadwayAlpine1BR,1BA$1.37
Broadstone ApartmentsA11BR,1BA$1.39

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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 Downtown

What type of rentals are currently available in Downtown?

There are currently 44 Apartments for Rent in Downtown, TX with pricing that ranges from $488 to $1,625. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $675 to $2,295.

What is the current price range for Rental Homes in Downtown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $675 to $2,295 with an average monthly rent of $1,224.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.