Cheap Homes for Rent in Deep Ellum Neighborhood of Dallas, TX from $600 (67 Rentals)

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

property at 4907 Ware St

4907 Ware St

DallasTX75223

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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property at 2902 State St

2902 State St

DallasTX75204
property at 3015 Bryan St

3015 Bryan St

DallasTX75204
property at 1505 Elm St

1505 Elm St

DallasTX75201

Deep Ellum - One of the Best Affordable Neighborhoods in Dallas

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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property at 412 N Ervay St

412 N Ervay St

DallasTX75201

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 1 Bed unit found at Jaipur Lofts priced from $547. 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 LoftsA11BR,1BA$547
Eban Village2X1B602BR,1BA$743
East Side4515 East Side Ave Unit 232BR,1BA$795
Greenhouse FlatsAgave Studio - E1Studio,1BA$848
Carolina ApartmentsA-11BR,1BA$850
The Eastern ApartmentsA61BR,1BA$850
Courthouse ApartmentsStudioStudio,1BA$865
Carlisle on the Katy TrailS1Studio,1BA$899
Serenity Place Apartments2 Bedroom 1 Bathroom2BR,1BA$900
Mercantile Place CollectionThe Continental 1B-J (Affordable Housing)1BR,1BA$905

Best Value Apartments for Rent in Deep Ellum, TX

As of May 15, 2025 the best value apartment in the Deep Ellum area is the $1.43 price per square foot C2 3 Bedroom 2 Bath Model at Villas at Katy Trail in the in the Oak Lawn neighborhood starting from $2,065. The second greatest value Deep Ellum apartment is the 2 Bedroom, 1 Bathroom Model at Crest Manor starting at $1,550 with a $1.41 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.
Villas at Katy TrailC2 3 Bedroom 2 Bath3BR,2BA$1.43
Crest Manor2 Bedroom, 1 Bathroom2BR,1BA$1.41
Jaipur LoftsC13BR,2BA$1.17
Avenue 3275A11BR,1BA$1.19
Rosemont at Meadow LaneB22BR,2BA$1.42
East Side4515 East Side Ave Unit 232BR,1BA$0.88
Serenity Place Apartments2 Bedroom 1 Bathroom2BR,1BA$1.06
5317 Junius St1071BR,1BA$1.43
Reiger Park Apartments1BR/1.0BA1BR,1BA$1.47
Monarch Court1BR/1.0BA1BR,1BA$1.39

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.

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Frequently Asked Questions about Deep Ellum

What type of rentals are currently available in Deep Ellum?

There are currently 961 Apartments for Rent in Deep Ellum, TX with pricing that ranges from $212 to $24,375. There are also 308 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deep Ellum ranging from $650 to $27,250.

What is the current price range for Rental Homes in Deep Ellum?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Deep Ellum ranges from $650 to $27,250 with an average monthly rent of $4,211.

How much are larger Three and Four Bedroom Rentals in Deep Ellum?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Deep Ellum range from $1,040 to $24,375, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,745 to $12,000. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $830.

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.