
Cheap Homes for Rent in Lake Dallas, TX from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Dallas.


707 Harbour Town Dr

427 Sheriff Ave

123 Folly Beach Dr, Unit A1

424 Buladora Ln

5513 Pawn Ct
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
Lake Dallas, TX Local Guide

How much does it cost to rent a home in Lake Dallas?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Dallas 2 Bedroom Homes for Rent | $1,553 | $1,200 | $2,295 |
Lake Dallas 3 Bedroom Homes for Rent | $2,317 | $1,700 | $2,900 |
Lake Dallas 4 Bedroom Homes for Rent | $2,812 | $2,495 | $3,250 |
Lake Dallas 5 Bedroom Homes for Rent | $3,997 | $2,995 | $5,000 |
Browse Top Homes for Rent in Lake Dallas
Explore Lake Dallas
Lake Dallas, TX Local Guide
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Cheapest Available Lake Dallas Apartments for Rent
 The cheapest available apartment rental in Lake Dallas, TX is a 1 Bed unit found at Providence Place Apartment Homes in the Wheeler Ridge neighborhood priced from $949. Timberlinks At Denton in the Wheeler Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Lake Dallas apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Providence Place Apartment Homes | Phase II - A1 | 1BR,1BA | $949 |
Timberlinks At Denton | A1 | 1BR,1BA | $975 |
Parc Lake / Bay Shore Village | A1 - Parc Lake | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Lake Dallas, TX
As of March 26, 2025 the best value apartment in the Lake Dallas area is the $1.65 price per square foot Sonoma Model at Carmel Villas in the in the Wheeler Ridge neighborhood starting from $1,899. The second greatest value Lake Dallas apartment is the C1 Model at Valley Ridge starting at $1,669 with a $1.52 price per square foot in the Oakwood Estates neighborhood. Here is today’s list of the best values for Lake Dallas apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Carmel Villas | Sonoma | 2BR,2.5BA | $1.65 |
Valley Ridge | C1 | 3BR,2BA | $1.52 |
The Lakeshore Apartment Homes | Bristol | 2BR,2BA | $1.58 |
Providence Place Apartment Homes | Phase I - B1 | 2BR,2BA | $1.51 |
Preserve at Pecan Creek | A1B | 1BR,1BA | $1.58 |
Hunters Creek Apartments | Hickory | 1BR,1BA | $1.79 |
The Lodge at Pecan Creek | A1A | 1BR,1BA | $1.67 |
Millennium Place | A1 | 1BR,1BA | $1.79 |
Kensington Park | The Farmington | 1BR,1BA | $1.82 |
Toscana at Valley Ridge | A-1 | 1BR,1BA | $1.75 |
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Frequently Asked Questions about Lake Dallas
What type of rentals are currently available in Lake Dallas?
There are currently 55 Apartments for Rent in Lake Dallas, TX with pricing that ranges from $678 to $13,170. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Dallas ranging from $1,200 to $5,000.
What is the current price range for Rental Homes in Lake Dallas?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Dallas ranges from $1,200 to $5,000 with an average monthly rent of $2,669.
How much are larger Three and Four Bedroom Rentals in Lake Dallas?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Dallas range from $1,149 to $9,167, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $1,499.
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.