Cheap Homes for Rent in Lake West Neighborhood of Dallas, TX from $800 (60 Rentals)

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

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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property at 1505 Elm St

1505 Elm St

DallasTX75201

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 509 Elm St

509 Elm St

DallasTX75202

Lake West - 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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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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Lake West, Dallas, TX Local Guide

Cheapest Available Lake West Apartments for Rent

 

The cheapest available apartment rental in the Lake West area of Dallas, TX is a 1 Bed unit found at Pegasus Villas 62+ Apartments priced from $861. Marthas Vineyard Place has the second lowest priced unit, which is a Studio apartment currently listed from $898. Here are the most affordable Lake West apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
Pegasus Villas 62+ ApartmentsOne Bedroom B1BR,1BA$861
Marthas Vineyard Place0/1Studio,1BA$898
Carlisle on the Katy TrailS1Studio,1BA$899
Parea Oak LawnA11BR,1BA$899
Cypress at Trinity GrovesE1 - IIIStudio,1BA$910
Inwood On The ParkEFFStudio,1BA$984
The FrancescaStudioStudio,1BA$999
Infinity on YorktownE1Studio,1BA$1,050
The Brix ApartmentsBrix-1 Studio, 479 Square FeetStudio,1BA$1,079
Manor House ApartmentsGriffinStudio,1BA$1,090

Best Value Apartments for Rent in Lake West, TX

As of May 13, 2025 the best value apartment in the Lake West area is the $1.68 price per square foot B4 Model at 27TwentySeven in the in the Northwest Dallas neighborhood starting from $2,200. The second greatest value Lake West apartment is the C1 3 Bedroom 2 Bath Model at Villas at Katy Trail starting at $1,929 with a $1.51 price per square foot in the Oak Lawn neighborhood. Here is today’s list of the best values for Lake West apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
27TwentySevenB42BR,2BA$1.68
Villas at Katy TrailC1 3 Bedroom 2 Bath3BR,2BA$1.51
Arrive West EndSan Antonio2BR,2BA$1.76
Eclipse Oak LawnB-4 U 2/22BR,2BA$1.39
Maverick Oak Lawn TownhomesA51BR,1BA$1.62
The Dylana21BR,1BA$1.71
Atera ApartmentsAddison1BR,1BA$1.78
Inwood On The ParkEFFStudio ,1BA$1.76
Marthas Vineyard Place0/1Studio ,1BA$1.61
Parea Oak LawnA11BR,1BA$1.66

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 Lake West

What type of rentals are currently available in Lake West?

There are currently 432 Apartments for Rent in Lake West, TX with pricing that ranges from $899 to $28,999. There are also 228 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake West ranging from $851 to $27,250.

What is the current price range for Rental Homes in Lake West?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake West ranges from $851 to $27,250 with an average monthly rent of $3,305.

How much are larger Three and Four Bedroom Rentals in Lake West?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake West range from $1,692 to $24,375, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $10,000. Four Bedroom Single-Family rentals are also available starting from $2,545 and Four Bedroom Apartments start at $2,545.

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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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.

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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.