Cheap Apartments for Rent in the Third Ward Neighborhood of Houston, TX from $500 (62 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 2503 Delano St

2503 Delano St

HoustonTX77004
property at 3910 Dallas St

3910 Dallas St

HoustonTX77023
property at 3901 Delano St

3901 Delano St

HoustonTX77004
property at 2002 Barbee St

2002 Barbee St

HoustonTX77004
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2403 Southmore Blvd
1 Bedroom Apartments

2403 Southmore Blvd

2403 Southmore BlvdHouston, TX 77004
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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
NHH Gray1 Bedroom 1 Bath1BR,1BA$846
Stella at The Medical Center1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$1,027
Eastwood Villa Apartments2 Bed, 1 Bath2BR,1BA$1,066
Canal Street FlatsA11BR,1BA$1,120
3800 MainA2.P81BR,1BA$1,220

Best Value Apartments for Rent in Third Ward, TX

As of March 02, 2025 the best value apartment in the Third Ward area is the $1.24 price per square foot 2611 Riverside Dr Model at 2611 Riverside Dr in the in the Medical Center neighborhood starting from $2,695. The second greatest value Third Ward apartment is the 2704 Truxillo St Model at 2704 Truxillo St, Unit 2704 starting at $2,100 with a $1.00 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$1.24
2704 Truxillo St, Unit 27042704 Truxillo St4BR,2BA$1.00
2620 Tuam St, Unit 12620 Tuam St3BR,2BA$1.64
Centre at Columbia CourtHouston2BR,2BA$1.45
Eastwood Villa Apartments2 Bed, 1 Bath w/ Plank Flooring2BR,1BA$1.56
Canal Street FlatsA11BR,1BA$1.61
NHH Gray1 Bedroom 1 Bath1BR,1BA$1.26
Nubia SquareOne Bedroom A21BR,1BA$1.33
2536 Oakdale St, Unit 52536 Oakdale St1BR,1BA$1.39
Residences at the MED1 Bedroom A1BR,1BA$1.34

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Pet Friendly Lifestyle
Third Ward, Houston, TX

Ranked #110

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

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 the Cheapest Studio apartment in Third Ward?

Currently the most affordable Cheap Studio Apartment in Third Ward is at Midtown Terrace Suites listed at $700.

How much is rent for a Cheap One Bedroom Third Ward Apartment?

The lowest price for a Cheap One Bedroom Third Ward Apartment is $799 at Nubia Square.

What is the lowest price for a Cheap Two Bedroom Third Ward Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Third Ward is starting from $855 at Nubia Square.

What is the most affordable Third Ward Three Bedroom Apartment?

The best deal on a cheap Third Ward Three Bedroom Apartment rental is at Residences at the MED and starts from $1,500.

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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The 10 Best Affordable Neighborhoods in Houston, TX

Written by: Lori Rosario

Houston is a huge city, and it’s still growing.

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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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.