
Cheap Apartments for Rent in the Lakewood Neighborhood of Grand Prairie, TX from $900 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood area of Grand Prairie.


The Forum at Grand Prairie

Indigo Pointe

Highlands of Grand Prairie

Mission Mayfield Downs

MAA Grand Courtyards

NeuRock Of Westchester

Prairie Gate Community Phase II

Creekside at Grand Prairie
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

Winding Creek at the Preserve

The Sutherland

The Quadrangles on Twenty

Luxia Grand Prairie

Copeland

The Bradbury

Corsair

Arden at Midtown GP

4553 Jousting Ln

2951 Dechman Dr

3729 State Hwy 161

2105 Forum Dr

6 W Mountain Creek Dr

Eagle Crossing
Lakewood, Grand Prairie, TX Local Guide

How much does it cost to rent an apartment in Lakewood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakewood Studio Apartments | $1,457 | $1,229 | $1,640 |
Lakewood 1 Bedroom Apartments | $1,724 | $1,050 | $4,912 |
Lakewood 2 Bedroom Apartments | $2,216 | $1,280 | $7,186 |
Lakewood 3 Bedroom Apartments | $2,688 | $1,839 | $5,744 |
Lakewood 4 Bedroom Apartments | $3,486 | $2,310 | $7,560 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 3 mile radius of the Lakewood Neighborhood of Grand Prairie, TX.
See all Apartments in Grand PrairieExplore Grand Prairie
Lakewood, Grand Prairie, TX Local Guide
- Nearby Grand Prairie neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lakewood Apartments for Rent
 The cheapest available apartment rental in the Lakewood area of Dallas, TX is a 1 Bed unit found at Ronan Apartment Homes priced from $902. The Forum at Grand Prairie has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,065. Here are the most affordable Lakewood apartments for rent in Dallas, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ronan Apartment Homes | A2 | 1BR,1BA | $902 |
The Forum at Grand Prairie | A1 | 1BR,1BA | $1,065 |
Prairie Ranch Apartment Homes | A4 | 1BR,1BA | $1,075 |
Windscape Apartments | 1 bedroom, 1 bathroom | 1BR,1BA | $1,105 |
Indigo Pointe | A1 | 1BR,1BA | $1,179 |
Highlands of Grand Prairie | A-1 | 1BR,1BA | $1,190 |
Mission Mayfield Downs | A1 | 1BR,1BA | $1,199 |
MAA Grand Courtyards | The Orchid | 1BR,1BA | $1,213 |
Jovia | A2- Attainable | 1BR,1BA | $1,228 |
Parkways on Prairie Creek | A1 | 1BR,1BA | $1,233 |
Best Value Apartments for Rent in Lakewood, TX
As of April 12, 2025 the best value apartment in the Lakewood 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 Lakewood apartment is the C1 Model at Villas at Bardin starting at $2,704 with a $1.76 price per square foot in the East Arlington neighborhood. Here is today’s list of the best values for Lakewood 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 |
Villas at Bardin | C1 | 3BR,2.5BA | $1.76 |
Arioso | TH1 | 2BR,2.5BA | $1.58 |
Eagle Crossing | A1A | 1BR,1BA | $1.77 |
Prairie Ranch Apartment Homes | A4 | 1BR,1BA | $1.50 |
Highlands of Grand Prairie | A-1 | 1BR,1BA | $1.69 |
Indigo Pointe | A1 | 1BR,1BA | $1.73 |
The Forum at Grand Prairie | A1 | 1BR,1BA | $1.61 |
Windscape Apartments | 1 bedroom, 1 bathroom | 1BR,1BA | $1.77 |
Ronan Apartment Homes | A1R | 1BR,1BA | $1.72 |
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.
Pet Friendly LifestyleLakewood, Grand Prairie, TX
Ranked #4
Among neighborhoods in Grand Prairie, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Lakewood, Grand Prairie, TX
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Texas including Lakewood, Grand Prairie, and the greater Dallas area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, multifamily communities for the kids, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Lakewood Apartments
What is a cheap apartment in Lakewood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakewood is under $1,233.
What is the price of a cheap apartment in Lakewood?
The cheapest apartment in Lakewood is Ronan Apartment Homes which is listed at $902, while the average apartment in Lakewood costs $9,320.
What types of apartments are the cheapest in Lakewood?
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 5 regular apartments in Lakewood 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 Lakewood?
Cheap apartments in Lakewood have an average cost of $106 which is $9,214 cheaper than the average rent for all rentals in Lakewood.
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.

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.

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.

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.