
Cheap Apartments for Rent in the Downtown Terrell Neighborhood of Terrell, TX from $900 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Terrell area of Terrell.


The Southerly at Terrell

Timbers At The Park
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.
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
Downtown Terrell, Terrell, TX Local Guide

How much does it cost to rent an apartment in Downtown Terrell?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Terrell 1 Bedroom Apartments | $1,459 | $1,150 | $2,110 |
Downtown Terrell 2 Bedroom Apartments | $1,640 | $1,225 | $3,829 |
Downtown Terrell 3 Bedroom Apartments | $1,640 | $1,375 | $4,551 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 3 mile radius of the Downtown Terrell Neighborhood of Terrell, TX.
See all Apartments in TerrellExplore Terrell
Cheapest Available Downtown Terrell Apartments for Rent
 The cheapest available apartment rental in the Downtown Terrell area of Dallas, TX is a 1 Bed unit found at Timbers At The Park priced from $1,099. Parkview Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Downtown Terrell apartments for rent in Dallas, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Timbers At The Park | Augusta | 1BR,1BA | $1,099 |
Parkview Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,195 |
The Southerly at Terrell | A1-the Adler | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in Downtown Terrell, TX
As of April 23, 2025 the best value apartment in the Downtown Terrell area is the $1.26 price per square foot 2 Bedroom 2 Bath Model at Heather Lane in the in the Downtown Terrell neighborhood starting from $1,382. The second greatest value Downtown Terrell apartment is the 2 Bedroom 2 Bath Model at Tiffany Square starting at $1,382 with a $1.26 price per square foot in the Downtown Terrell neighborhood. Here is today’s list of the best values for Downtown Terrell apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Heather Lane | 2 Bedroom 2 Bath | 2BR,2BA | $1.26 |
Tiffany Square | 2 Bedroom 2 Bath | 2BR,2BA | $1.26 |
The Southerly at Terrell | A4-the Delilah | 1BR,1BA | $2.19 |
Parkview Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.59 |
Magnolia Grove Apartments | 1x1 704 sq ft | 1BR,1BA | $1.77 |
Timbers At The Park | Augusta | 1BR,1BA | $1.60 |
Frequently Asked Questions about Cheap Downtown Terrell Apartments
What is the price of a cheap apartment in Downtown Terrell?
The cheapest apartment in Downtown Terrell is Timbers At The Park which is listed at $1,099, while the average apartment in Downtown Terrell costs $1,585.
What types of apartments are the cheapest in Downtown Terrell?
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 44 regular apartments in Downtown Terrell 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 Downtown Terrell?
Cheap apartments in Downtown Terrell have an average cost of $1,034 which is $551 cheaper than the average rent for all rentals in Downtown Terrell.
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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.