Cheatham Street Flats
401 S Guadalupe St,
San Marcos, TX 78666
$755 - $1,295
Studio - 3 Beds
Downtown San Marcos offers its residents a central location in one of Texas’ most popular cities. This urban district features an array of delicious restaurants and lively bars like the Root Cellar Café and Patio Dolcetto, a trendy wine lounge and bier garden. Downtown is directly south of Texas State University, making it the ideal neighborhood for students interested in a hip, urban lifestyle with modern amenities. Apartments in Downtown range from affordable to upscale, so there’s something for everyone.
Easy access to the San Marcos Amtrak Station and Interstate 35 are premier perks for commuters, and residents rave about this neighborhood’s proximity to Rio Vista Park. Spanning 14 acres along the San Marcos River, this sprawling green space features playgrounds, an outdoor pool, paved jogging trails, riverfront views, athletic fields, and a nature preserve. For shopping options, travel southwest along Interstate 35 where you’ll find major department stores and outlet malls like the Tanger Outlets and the San Marcos Premium Outlets.
As of December 2025, the average apartment rent in Downtown San Marcos is $1,802 for three bedrooms.
3 BR
1,100 sq ft
Average Sq Ft
$1,802/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.