Cheap Apartments for Rent in Southlake, TX from $700 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in Southlake.

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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Hilltop Apartments
1 to 3 Bedroom Apartments

Hilltop Apartments

1030 Hilltop DrGrapevine, TX 76051
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Royal St Moritz
1 to 3 Bedroom Apartments

Royal St Moritz

2050 Grayson DrGrapevine, TX 76051
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Southlake, TX Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Available Southlake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Southlake, TX is a 1 Bed unit found at Encore on Mustang in the Park Highlands neighborhood priced from $1,050. Bristol Grapevine in the Silver Lake Manors neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here is today’s list of the most affordable Southlake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Encore on Mustang1 Bdrm1BR,1BA$1,050
Bristol GrapevineA21BR,1BA$1,050
Ridgecrest ApartmentsA2-U 1x11BR,1BA$1,140
Woodlake ApartmentsA11BR,1BA$1,140
Timberline ApartmentsA11BR,1BA$1,175

Best Value Apartments for Rent in Southlake, TX and Nearby

As of March 26, 2025 the best value apartment in the Southlake area is the $1.37 price per square foot Three Bedroom Model at Shorewood Park Townhomes in the in the Flower Mound South Substation neighborhood starting from $1,975. The second greatest value Southlake apartment is the 2-BR - U Model at WestWall Apartments starting at $1,450 with a $1.45 price per square foot in the Silver Lake Manors neighborhood. Here is today’s list of the best values for Southlake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shorewood Park TownhomesThree Bedroom3BR,2.5BA$1.37
WestWall Apartments2-BR - U2BR,2BA$1.45
Timberline ApartmentsA11BR,1BA$1.36
Marina Del ReyB22BR,1BA$1.82
The Vineyards At Trophy ClubA1 - Down Stairs1BR,1BA$1.69
Dove Park ApartmentsA21BR,1BA$1.72
Encore on Mustang2 Bdrm2BR,1BA$1.85
Woodlake ApartmentsA11BR,1BA$1.72
MAA Grapevine11A Floor Plan1BR,1BA$1.83
Bristol GrapevineA11BR,1BA$1.71

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Southlake Overview

Located in the northern tier of the Lone Star State, Southlake is an idyllic community that instantly calls to mind all things Texas. A suburb of Dallas flush with schools, an ever-growing job market and plenty of hometown pride, Southlake apartments are a fantastic place to call home.

Why live in Southlake, TX?

For those preferring a more discerning way of life, Southlake offers an ideal slice of the premium Texas experience. Area schools are well-regarded on the national level, and neighborhoods boast an ingrained sense of community. This is a city dominated by industry professionals, from blue collar workers to budding families keen on the nearby Dallas job market. With plenty of public parks and amenities at residents' disposal, Southlake rentals are consistently in-demand with good cause.

Pet Friendly Lifestyle
Southlake, TX

Ranked #1346

Among cities in Texas for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Southlake, TX

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Southlake, TX Rentals by Map

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See the most popular apartments and homes in Southlake, TX

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Getting Around Southlake, TX

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Southlake Apartments

What is the Cheapest Studio apartment in Southlake?

Currently the most affordable Cheap Studio Apartment in Southlake is at Dove Creek Villas listed at $1,180.

How much is rent for a Cheap One Bedroom Southlake Apartment?

The lowest price for a Cheap One Bedroom Southlake Apartment is $1,050 at Encore on Mustang.

What is the lowest price for a Cheap Two Bedroom Southlake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Southlake is starting from $1,285 at Encore on Mustang.

What is the most affordable Southlake Three Bedroom Apartment?

The best deal on a cheap Southlake Three Bedroom Apartment rental is at Encore on Mustang and starts from $1,725.

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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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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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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.

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Renting Smart: Lease Basics Every Renter Needs

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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.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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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.