Cheap Apartments for Rent in the Third Ward Neighborhood of Houston, TX from $500 (80 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Third Ward area of Houston.

property at 2218 Arbor St

2218 Arbor St

HoustonTX77004

Houston's Best Affordable Neighborhoods

Learn about Houston and the best places to live with original content written by our Houston Local Expert Lori Rosario

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property at 2505 Delano St

2505 Delano St

HoustonTX77004
property at 2409 Bastrop St

2409 Bastrop St

HoustonTX77004
property at 2407 Bastrop St

2407 Bastrop St

HoustonTX77004
property at 2002 Barbee St

2002 Barbee St

HoustonTX77004
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Third Ward, Houston, TX Local Guide

Cheapest Available Third Ward Apartments for Rent

 

The cheapest available apartment rental in the Third Ward area of Houston, TX is a Studio unit found at Midtown Terrace Suites priced from $700. The Silhouette Apartments by UH Studios has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Third Ward apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Midtown Terrace SuitesMidtown Terrace SuitesStudio,1BA$700
The Silhouette Apartments by UH StudiosModern StudiosStudio,1BA$750
Nubia SquareOne Bedroom A11BR,1BA$799
Residences at the MED1 Bedroom A11BR,1BA$799
3016 Blodgett StJunior1BR1BR,1BA$800
NHH Gray1 Bedroom 1 Bath1BR,1BA$846
Caroline LoftsA11BR,1BA$967
Stella at The Medical Center1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$1,029

Best Value Apartments for Rent in Third Ward, TX

As of April 06, 2025 the best value apartment in the Third Ward area is the $1.20 price per square foot 2611 Riverside Dr Model at 2611 Riverside Dr in the in the Medical Center neighborhood starting from $2,595. The second greatest value Third Ward apartment is the 2718 Cleburne St Model at 2718 Cleburne St, Unit B starting at $1,850 with a $1.23 price per square foot in the Third Ward neighborhood. Here is today’s list of the best values for Third Ward apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2611 Riverside Dr2611 Riverside Dr3BR,3.5BA$1.20
2718 Cleburne St, Unit B2718 Cleburne St2BR,1BA$1.23
Haven at ElginB12BR,2BA$1.34
Caroline LoftsA11BR,1BA$1.35
Eastwood Villa Apartments2 Bed, 1 Bath w/ Plank Flooring2BR,1BA$1.56
Canal Street FlatsA11BR,1BA$1.58
NHH Gray1 Bedroom 1 Bath1BR,1BA$1.26
Nubia SquareOne Bedroom A21BR,1BA$1.33
Residences at the MED1 Bedroom A1BR,1BA$1.34
3016 Blodgett StJunior1BR1BR,1BA$1.60

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Pet Friendly Lifestyle
Third Ward, Houston, TX

Ranked #122

Among neighborhoods in Houston, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Third Ward, Houston, TX

School data provided by Great Schools

Getting Around the Third Ward Neighborhood in Houston, TX

Walk Score®

73 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

75 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

57 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Third Ward Apartments

What is a cheap apartment in Third Ward?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Third Ward is under $1,029.

What is the price of a cheap apartment in Third Ward?

The cheapest apartment in Third Ward is Nubia Square which is listed at $799, while the average apartment in Third Ward costs $2,512.

What types of apartments are the cheapest in Third Ward?

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 46 regular apartments in Third Ward 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 Third Ward?

Cheap apartments in Third Ward have an average cost of $505 which is $2,007 cheaper than the average rent for all rentals in Third Ward.

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 The 10 Best Affordable Neighborhoods in Houston, TX article

The 10 Best Affordable Neighborhoods in Houston, TX

Written by: Lori Rosario

Houston is a huge city, and it’s still growing, which makes it one of the most sought after places in the country to move.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.