Cheap Homes for Rent in Damon, TX from $800 (8 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Damon, TX Local Guide

Cheapest Available Damon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Damon, TX is a 1 Bed unit found at Heritage Court Apartments in the Van Pelt neighborhood priced from $575. Albion Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $630. Here is today’s list of the most affordable Damon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heritage Court Apartments1 Bed, 1 Bath1BR,1BA$575
Albion Apartments1x1 504 SF1BR,1BA$630
Cambridge ApartmentsA Plan 1-1 Up1BR,1BA$699

Best Value Apartments for Rent in Damon, TX and Nearby

As of May 11, 2025 the best value apartment in the Damon area is the $1.13 price per square foot PLAN 4302 Model at Pradera Oaks in the starting from $2,023. The second greatest value Damon apartment is the B3 Model at Briarstone starting at $1,399 with a $1.42 price per square foot in the Cottonwood neighborhood. Here is today’s list of the best values for Damon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pradera OaksPLAN 43024BR,3.5BA$1.13
BriarstoneB32BR,2BA$1.42
Cambridge ApartmentsB Plan 2-2 Up2BR,2BA$1.27
Brittany Square2X1- 800sqft2BR,1BA$1.46
Fairway at Town CenterA31BR,1BA$1.56
The Waterford at Summer ParkA21BR,1BA$1.63
Bayou Bend ApartmentsA11BR,1BA$1.45
Victoria Garden ApartmentsONE BEDROOM UNIT1BR,1BA$1.27
Arbor Pines Apartments1 X 1 Small1BR,1BA$1.37
Albion Apartments1x1 504 SF1BR,1BA$1.25

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.

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Frequently Asked Questions about Damon

What type of rentals are currently available in Damon?

There are currently 38 Apartments for Rent in Damon, TX with pricing that ranges from $575 to $8,898. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Damon ranging from $850 to $4,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Damon ranges from $850 to $4,500 with an average monthly rent of $2,296.

How much are larger Three and Four Bedroom Rentals in Damon?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Damon range from $1,085 to $8,898, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,090 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,725 and Four Bedroom Apartments start at $2,550.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.