Cheap Apartments for Rent in the Deep Ellum Neighborhood of Dallas, TX from $500 (357 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Deep Ellum area of Dallas.

Deep Ellum

Named as one of the Best Affordable Neighborhoods to rent in Dallas, TX by our Dallas, TX Local Expert Tiffany Clark. See how it ranks!

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Dallas's Best Affordable Neighborhoods

Learn about Dallas and the best places to live with original content written by our Dallas, TX Local Expert Tiffany Clark

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Deep Ellum, Dallas, TX Local Guide

Cheapest Available Deep Ellum Apartments for Rent

 

The cheapest available apartment rental in the Deep Ellum area of Dallas, TX is a 2 Beds unit found at Jaipur Lofts priced from $643. Eban Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $743. Here are the most affordable Deep Ellum apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
Jaipur LoftsB12BR,2BA$643
Eban Village2X1B602BR,1BA$743
Monarch Court1BR/1.0BA1BR,1BA$795
4625 Junius StS1Studio,1BA$795
4815 Live Oak St0BR/1.0BAStudio,1BA$799
Carolina ApartmentsA-11BR,1BA$850
The Eastern ApartmentsA61BR,1BA$850
Courthouse ApartmentsStudioStudio,1BA$865
Serenity Place Apartments2 Bedroom 1 Bathroom2BR,1BA$900
Casa Grande VillasA11BR,1BA$910

Best Value Apartments for Rent in Deep Ellum, TX

As of April 08, 2025 the best value apartment in the Deep Ellum area is the $0.53 price per square foot 4009 N Hall St Model at 4009 N Hall St, Unit B in the in the Oak Lawn neighborhood starting from $1,400. The second greatest value Deep Ellum apartment is the 4701 Gaston Ave Model at 4701 Gaston Ave, Unit 1 starting at $1,855 with a $1.35 price per square foot in the East Dallas neighborhood. Here is today’s list of the best values for Deep Ellum apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4009 N Hall St, Unit B4009 N Hall St2BR,1BA$0.53
4701 Gaston Ave, Unit 14701 Gaston Ave2BR,1BA$1.35
4702 San Jacinto St, Unit 14702 San Jacinto St2BR,2BA$1.14
Avenue 3275A31BR,1BA$1.40
Rosemont at Meadow LaneB2ha2BR,2BA$1.42
Serenity Place Apartments2 Bedroom 1 Bathroom2BR,1BA$1.06
Reiger Park2BR/1.0BA2BR,1BA$1.25
Paragon Apartments2 Beds, 1 Baths2BR,1BA$1.40
Monarch Court2BR/1.0BA2BR,1BA$1.38
Jaipur LoftsA11BR,1BA$1.46

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Pet Friendly Lifestyle
Deep Ellum, Dallas, TX

Ranked #5

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Deep Ellum, Dallas, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Texas including Deep Ellum, Dallas, and the greater Dallas area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best outdoor access, places to raise kids, raising pets, transit options, walking, and biking. These search options are in the site filters at the top of this page.

Getting Around the Deep Ellum Neighborhood in Dallas, TX

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

82 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

76 / 100

Excellent Transit

Transit is convenient for most trips

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 Deep Ellum Apartments

What is a cheap apartment in Deep Ellum?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Deep Ellum is under $910.

What is the price of a cheap apartment in Deep Ellum?

The cheapest apartment in Deep Ellum is Eban Village which is listed at $743, while the average apartment in Deep Ellum costs $7,393.

What types of apartments are the cheapest in Deep Ellum?

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 145 regular apartments in Deep Ellum 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 Deep Ellum?

Cheap apartments in Deep Ellum have an average cost of $347 which is $7,046 cheaper than the average rent for all rentals in Deep Ellum.

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 Dallas, TX article

The 10 Best Affordable Neighborhoods in Dallas, TX

Written by: Tiffany Clark

Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

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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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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.

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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.