
Cheap Homes for Rent in Grand Peninsula Neighborhood of Grand Prairie, TX from $800 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Grand Peninsula area of Grand Prairie.


2908 Lanette Ln

2951 Dechman Dr

2105 Forum Dr
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.

3729 State Hwy 161

2509 Esquire Dr

6 W Mountain Creek Dr

45 W Mountain Creek Dr
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.

658 Stonehenge Dr

2434 Limestone Dr

2432 Limestone Dr

9 E Mountain Creek Ct
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
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714 Cranbrook Ln

403 Liberty Pl

66 W Mountain Creek Dr

6 E Creek Dr
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
Grand Peninsula, Grand Prairie, TX Local Guide

How much does it cost to rent a home in Grand Peninsula?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Grand Peninsula 2 Bedroom Homes for Rent | $1,911 | $1,395 | $2,650 |
Grand Peninsula 3 Bedroom Homes for Rent | $2,500 | $1,500 | $3,000 |
Grand Peninsula 4 Bedroom Homes for Rent | $2,821 | $2,000 | $3,900 |
Grand Peninsula 5 Bedroom Homes for Rent | $3,300 | $3,000 | $3,600 |
Grand Peninsula 6 Bedroom Homes for Rent | $4,225 | $2,950 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 3 mile radius of the Grand Peninsula Neighborhood of Grand Prairie, TX.
Explore Grand Prairie
Grand Peninsula, Grand Prairie, TX Local Guide
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Cheapest Available Grand Peninsula Apartments for Rent
 The cheapest available apartment rental in the Grand Peninsula area of Dallas, TX is a 1 Bed unit found at Chula Vista Apartments priced from $699. Harmony has the second lowest priced unit, which is a 1 Bed apartment currently listed from $740. Here are the most affordable Grand Peninsula apartments for rent in Dallas, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Chula Vista Apartments | 1 Bed, 1 bath | 1BR,1BA | $699 |
Harmony | A1 | 1BR,1BA | $740 |
The Sherry | Aries | 1BR,1BA | $890 |
Clayton Pointe | 1 Bedroom 1 Bathroom - A1U | 1BR,1BA | $895 |
Elliot Windsprint | A1 | 1BR,1BA | $932 |
Best Value Apartments for Rent in Grand Peninsula, TX
As of May 14, 2025 the best value apartment in the Grand Peninsula area is the $1.43 price per square foot Three Bedroom Model at Tribeca Townhomes in the in the Hunters Glen neighborhood starting from $2,900. The second greatest value Grand Peninsula apartment is the B1 Model at Hendrix starting at $1,254 with a $1.40 price per square foot in the Arkansas Heights neighborhood. Here is today’s list of the best values for Grand Peninsula apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Tribeca Townhomes | Three Bedroom | 3BR,3BA | $1.43 |
Hendrix | B1 | 2BR,1BA | $1.40 |
Elliot Windsprint | A2 | 1BR,1BA | $1.25 |
Chula Vista Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.26 |
Tree Top Apartments | 1 Bed x 1 Bath | 1BR,1BA | $1.44 |
Prairie Ranch Apartment Homes | A4 | 1BR,1BA | $1.58 |
Windchase | 1 Bedroom 1 Bathroom - A2 | 1BR,1BA | $1.58 |
The Forum at Grand Prairie | A1 | 1BR,1BA | $1.56 |
The Sherry | Aries | 1BR,1BA | $1.51 |
Harmony | A1 | 1BR,1BA | $1.43 |
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.
Frequently Asked Questions about Grand Peninsula
What type of rentals are currently available in Grand Peninsula?
There are currently 83 Apartments for Rent in Grand Peninsula, TX with pricing that ranges from $480 to $10,610. There are also 174 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Peninsula ranging from $886 to $5,500.
What is the current price range for Rental Homes in Grand Peninsula?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grand Peninsula ranges from $886 to $5,500 with an average monthly rent of $2,687.
How much are larger Three and Four Bedroom Rentals in Grand Peninsula?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Grand Peninsula range from $1,390 to $7,331, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,219.
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.

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.

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.

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.

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.