Cheap Homes for Rent in Palestine, TX from $700 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Palestine.

Palestine, TX Local Guide

Cheapest Neighborhoods for Apartments in Palestine, TX

Pricing Updated: 03/25/2025

Current apartment rentals in the Palestine, TX area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Palestine Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Palestine$1,778$870938
Oldtown Palestine$1,778$870938

Cheapest Available Palestine Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palestine, TX is a Studio unit found at Hazelwood Apartment Homes priced from $730. Athens Reserve has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Palestine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hazelwood Apartment HomesS1Studio,1BA$730
Athens ReserveA1Studio,1BA$775
Hollytree ApartmentsAdair1BR,1BA$778

Best Value Apartments for Rent in Palestine, TX and Nearby

As of March 25, 2025 the best value apartment in the Palestine area is the $1.28 price per square foot WAIT LIST OPTION*Rose Floor Plan-2br 2 bath w/g... Model at Townhomes at Faulkner Park in the starting from $1,645. The second greatest value Palestine apartment is the 3 Bed 2 Bath Model at 13440 County Road 2134 starting at $1,495 with a $1.20 price per square foot . Here is today’s list of the best values for Palestine apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townhomes at Faulkner ParkWAIT LIST OPTION*Rose Floor Plan-2br 2 bath w/g...2BR,2BA$1.28
13440 County Road 21343 Bed 2 Bath3BR,2BA$1.20
Victoria Place2x22BR,2BA$0.96
Whispering Pines Apartment HomesHalf Off First Full Month on 12+ Month Lease2BR,2BA$1.15
Town Village South ApartmentsThe Magnolia2BR,2BA$1.28
The Parker ApartmentsB-0241BR,1BA$1.18
Townview - AthensRenovated Unit2BR,1BA$1.27
Townview - MalakoffPremium unit2BR,1BA$1.27
Finley Apartment HomesA2a1BR,1BA$1.09
Brookhollow Tyler Apartments1BR/1.0BA1BR,1BA$1.28

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Palestine

What type of rentals are currently available in Palestine?

There are currently 58 Apartments for Rent in Palestine, TX with pricing that ranges from $730 to $2,423. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palestine ranging from $775 to $4,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Palestine ranges from $775 to $4,500 with an average monthly rent of $1,799.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Palestine range from $1,094 to $2,423, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,147.

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 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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.