Cheap Homes for Rent in Dallas, TX from $500 (587 Rentals)

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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

Dallas, TX Local Guide

Cheapest Neighborhoods for Apartments in Dallas, TX

Pricing Updated: 04/25/2025

Current apartment rentals in the Dallas, TX area range in price from $550 to $45,000 with an overall median price of $4,768. The three Dallas neighborhoods with the lowest median rent pricing are Sylvan Heights West at $999, Mitchell Boulevard at $1,500, and Glencrest at $1,699. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Dallas Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Sylvan Heights West$999$9991
Mitchell Boulevard$1,500$1,5001
Glencrest$1,699$1,6991
Pasadena Gardens$1,750$1,5509
Mineral Heights$1,800$1,3506
Meadowbrook$1,850$1,2007
Eastern Hills$1,857$1,1096
Reavilon$1,887$75040
Downtown Ennis$1,900$1,15010
Ardis Heights$1,900$75040

Cheapest Available Dallas Apartments for Rent

 

The cheapest available apartment rental in Dallas, TX is a 1 Bed unit found at Lavon Senior Villas in the North Garland neighborhood priced from $536. Mariposa at Communications Parkway in the Haggard neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $562. Here is today’s list of the most affordable Dallas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lavon Senior VillasA11BR,1BA$536
Mariposa at Communications ParkwayA11BR,1BA$562
Jaipur LoftsB12BR,2BA$643
Northside Apartments2x2 Enterprise - Furnished2BR,2BA$665
MuseE3Studio,1BA$668
InterlaceE11BR,1BA$672
2704 CDMXStudio E1Studio,1BA$675
Evergreen at Arbor HillsB22BR,2BA$678
Centerpoint ApartmentsAngelaStudio,1BA$699

Best Value Apartments for Rent in Dallas, TX

As of April 25, 2025 the best value apartment in the Dallas area is the $1.07 price per square foot D3-Cypress Model at Seagoville Farms in the in the Highland Meadows neighborhood starting from $2,296. The second greatest value Dallas apartment is the 3Bedroom2Bathroom Model at Bachon Townhomes starting at $1,397 with a $1.03 price per square foot in the Woodbridge East neighborhood. Here is today’s list of the best values for Dallas apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Seagoville FarmsD3-Cypress4BR,2.5BA$1.07
Bachon Townhomes3Bedroom2Bathroom3BR,2BA$1.03
6718 Eastridge Dr1 Bed, 1 bath1BR,1BA$1.04
Trailside at Trinity Forest3x2 Premium3BR,2BA$1.08
Homes of Persimmon2 Bed | 2 Bath2BR,2BA$1.03
Waverly ApartmentsB12BR,1BA$1.12
Evergreen at Arbor HillsB22BR,2BA$0.73
East Side4515 East Side Ave Unit 232BR,1BA$0.99
Serenity Place Apartments2 Bedroom 1 Bathroom2BR,1BA$1.06
Lavon Senior VillasA11BR,1BA$0.82

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Frequently Asked Questions about Dallas

What type of rentals are currently available in Dallas?

There are currently 4565 Apartments for Rent in Dallas, TX with pricing that ranges from $410 to $115,811. There are also 4009 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dallas ranging from $550 to $45,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Dallas ranges from $550 to $45,000 with an average monthly rent of $4,886.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Dallas range from $978 to $34,663, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $16,000. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $860.

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 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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.