Cheap Apartments for Rent in the Deep Ellum Neighborhood of Dallas, TX from $500 (348 Rentals)

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

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property at 5330 Junius St

$1,025 - $1,195

1 To 2 Bedroom Rentals

Available Now

5330 Junius St

DallasTX75214

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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4300 Junius St
$1,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150
Studio Apartment Available Now

4300 Junius St

4300 Junius StDallas, TX 75246
Affordability
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Oak & Ellum
Rent Specials
$1,168 - $3,580
Total Monthly Price

Total Monthly Price

Base Rent
$1,168 - $3,580
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Oak & Ellum

2627 Live Oak StDallas, TX 75204
Student Housing
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Beyond Big D: The Ultimate Renter's Guide to 5 Key Cities in the DFW Area

Your complete guide to renting in the DFW suburbs. Learn about 5 cities near Dallas—from the affordability of Duncanville to the upscale living of Southlake—to choose where to call home.

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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 4625 Junius St priced from $725. Eban Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $743. Here are the most affordable Deep Ellum apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
4625 Junius StS1Studio,1BA$725
Eban Village2X1B602BR,1BA$743
Magnolia PlaceA11BR,1BA$795
1502 Peak StreetA11BR,1BA$800
Gaston CornersS11BR,1BA$800
Columbia OaksA11BR,1BA$825
Monarch Place1BR/1.0BA1BR,1BA$845
Pavilion at Bishop Ridge1 bed 1 bath1BR,1BA$849
2722 Throckmorton0 Beds, 1 BathsStudio,1BA$850
Courthouse ApartmentsStudioStudio,1BA$865

Best Value Apartments for Rent in Deep Ellum, TX

As of June 03, 2026 the best value apartment in the Deep Ellum area is the $1.44 price per square foot 2BR/1.0BA Model at Reiger Park Apartments in the in the East Dallas neighborhood starting from $1,150. The second greatest value Deep Ellum apartment is the 1 Beds, 1 Baths Model at Avenue 3275 starting at $915 with a $1.20 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.
Reiger Park Apartments2BR/1.0BA2BR,1BA$1.44
Avenue 32751 Beds, 1 Baths1BR,1BA$1.20
5330 JuniusA11BR,1BA$1.29
Columbia OaksA11BR,1BA$1.21
Magnolia PlaceA11BR,1BA$1.17
Sykes Squared ReigerA11BR,1BA$1.38
Edgewood Manor Senior Living Income R.StudioStudio ,1BA$1.46
Munger PlacePearl1BR,1BA$1.38
Nuvo LunaClassic 1x11BR,1BA$1.45
4625 Junius StS1Studio ,1BA$1.38

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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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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 $865.

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

The cheapest apartment in Deep Ellum is Eban Village which is listed at $743, while the average apartment in Deep Ellum costs $11,635.

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 163 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 $162 which is $11,473 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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