
Cheap Homes for Rent in Lakewood Neighborhood of Grand Prairie, TX from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakewood area of Grand Prairie.


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
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.

45 W Mountain Creek Dr

658 Stonehenge Dr

9 E Mountain Creek Ct
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.

403 Liberty Pl

6 E Creek Dr

66 W Mountain 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
Lakewood, Grand Prairie, TX Local Guide

How much does it cost to rent a home in Lakewood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakewood 2 Bedroom Homes for Rent | $1,981 | $1,395 | $2,650 |
Lakewood 3 Bedroom Homes for Rent | $2,578 | $1,500 | $3,000 |
Lakewood 4 Bedroom Homes for Rent | $2,838 | $2,000 | $3,900 |
Lakewood 5 Bedroom Homes for Rent | $4,350 | $3,000 | $4,950 |
Lakewood 6 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 3 mile radius of the Lakewood Neighborhood of Grand Prairie, TX.
Explore Grand Prairie
Lakewood, Grand Prairie, TX Local Guide
- Nearby Grand Prairie neighborhoods
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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 $976. The Forum at Grand Prairie has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,030. Here are the most affordable Lakewood apartments for rent in Dallas, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ronan Apartment Homes | A1R | 1BR,1BA | $976 |
The Forum at Grand Prairie | A1 | 1BR,1BA | $1,030 |
Windscape Apartments | 1 bedroom, 1 bathroom | 1BR,1BA | $1,050 |
Arioso Apartments & Townhomes | A1R | 1BR,1BA | $1,075 |
Prairie Ranch Apartment Homes | A4 | 1BR,1BA | $1,128 |
Best Value Apartments for Rent in Lakewood, TX
As of May 14, 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 |
Indigo Pointe | C1 | 3BR,2BA | $1.58 |
The Quadrangles on Twenty | A2c | 1BR,1BA | $1.76 |
Prairie Ranch Apartment Homes | A4 | 1BR,1BA | $1.58 |
Highlands of Grand Prairie | A-1 | 1BR,1BA | $1.69 |
Mission Mayfield Downs | S1 | Studio ,1BA | $1.72 |
The Forum at Grand Prairie | A1 | 1BR,1BA | $1.56 |
Arioso Apartments & Townhomes | A1R | 1BR,1BA | $1.70 |
Windscape Apartments | 1 bedroom, 1 bathroom | 1BR,1BA | $1.77 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Lakewood
What type of rentals are currently available in Lakewood?
There are currently 50 Apartments for Rent in Lakewood, TX with pricing that ranges from $480 to $10,610. There are also 159 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $886 to $5,500.
What is the current price range for Rental Homes in Lakewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood ranges from $886 to $5,500 with an average monthly rent of $3,102.
How much are larger Three and Four Bedroom Rentals in Lakewood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakewood range from $1,579 to $10,435, 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.