Cheap Apartments for Rent in the Deep Ellum Neighborhood of Dallas, TX from $560 (359 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Deep Ellum area of Dallas.

property at 5408 Reiger Ave

$825 - $1,225

2 To 3 Bedroom Rentals

Available Now

5408 Reiger Ave

DallasTX75214

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property at 1317 Annex Ave

$935 - $1,280

1 To 2 Bedroom Rentals

Available Now

1317 Annex Ave

DallasTX75204

Beyond Big D: The Ultimate Renter's Guide to 5 Key Cities in the DFW Area

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Ambrose
$1,076 - $2,451
Total Monthly Price

Total Monthly Price

Base Rent
$1,076 - $2,451
Total Monthly Price
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1 to 2 Bedroom Apartments Contact Us For Availability

Ambrose

2901 Indiana StDallas, TX 75226
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4300 Junius St
$1,090
Total Monthly Price

Total Monthly Price

Base Rent
$1,090
Total Monthly Price
$1,090
Studio Apartment Available Now

4300 Junius St

4300 Junius StDallas, TX 75246
Affordability
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 8

Deep Ellum, Dallas, TX Local Guide

Cheapest Available Deep Ellum Apartments for Rent

 

The cheapest available apartment rental in the Deep Ellum area of Dallas, TX is a Studio unit found at Paragon Apartments priced from $595. Carlisle on the Katy Trail has the second lowest priced unit, which is a Studio apartment currently listed from $756. Here are the most affordable Deep Ellum apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
Paragon ApartmentsS1Studio,1BA$595
Carlisle on the Katy TrailS1Studio,1BA$756
Gaston FlatsA11BR,1BA$795
Gaston CornersS1Studio,1BA$795
Magnolia PlaceA11BR,1BA$795
Sykes Squared Reiger1 Beds, 1 Baths1BR,1BA$795
Lakewood Gardens - 5408 Reiger Ave2BR/1.0BA2BR,1BA$825
Columbia OaksA11BR,1BA$825
Monarch PlaceOne Bedroom1BR,1BA$845
The NewportA11BR,1BA$850

Best Value Apartments for Rent in Deep Ellum, TX

As of September 02, 2026 the best value apartment in the Deep Ellum area is the $1.35 price per square foot B1 Model at The Reiger in the in the East Dallas neighborhood starting from $1,425. The second greatest value Deep Ellum apartment is the 3 Beds, 2 baths Model at Hamilton Village starting at $1,180 with a $1.18 price per square foot in the Deep Ellum neighborhood. Here is today’s list of the best values for Deep Ellum apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The ReigerB12BR,1BA$1.35
Hamilton Village3 Beds, 2 baths3BR,2BA$1.18
4717 Worth St, Unit 14717 Worth St1BR,1BA$1.45
5521 Columbia Ave2 Beds, 1 bath2BR,1BA$1.02
Pavilion at Bishop Ridge2 bed 1 bath2BR,1BA$1.42
Monarch Court2 Bedroom 1 Bath - 852022BR,1BA$1.35
Casa Grande VillasB12BR,1BA$1.40
Calatrava Flats1 Beds, 1 Baths1BR,1BA$1.42
Magnolia PlaceA11BR,1BA$1.17
Lakewood Gardens - 5408 Reiger Ave2BR/1.0BA2BR,1BA$1.24

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX

Learn about the best Dallas neighborhoods for student renters by our Dallas, TX Local Expert Tiffany Clark

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Deep Ellum, Dallas, TX

Ranked #4

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Deep Ellum, Dallas, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Texas including Deep Ellum, Dallas, and the greater Dallas area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best outdoor access, places to raise kids, raising pets, transit options, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Deep Ellum Apartments

What is a cheap apartment in Deep Ellum?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Deep Ellum is under $850.

What is the price of a cheap apartment in Deep Ellum?

The cheapest apartment in Deep Ellum is Carlisle on the Katy Trail which is listed at $786, while the average apartment in Deep Ellum costs $2,105.

What types of apartments are the cheapest in Deep Ellum?

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 171 regular apartments in Deep Ellum 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 Deep Ellum?

Cheap apartments in Deep Ellum have an average cost of $164 which is $1,941 cheaper than the average rent for all rentals in Deep Ellum.

Expert Rental Resources

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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