Cheap Homes for Rent in Deep Ellum Neighborhood of Dallas, TX from $600 (61 Rentals)

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

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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property at 5414 Reiger Ave

5414 Reiger Ave

DallasTX75214
property at 5414 Reiger Ave

5414 Reiger Ave

DallasTX75214

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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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property at 1999 McKinney Ave

1999 McKinney Ave

DallasTX75201
property at 1111 S Akard St

1111 S Akard St

DallasTX75215
property at 4505 Worth St

4505 Worth St

DallasTX75246

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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property at 4316 Bryan St

4316 Bryan St

DallasTX75204
property at 4931 Junius St

4931 Junius St

DallasTX75214
property at 4931 Junius St

4931 Junius St

DallasTX75214

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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 Prairie House priced from $675. 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
Prairie HouseEvaStudio,1BA$675
Eban Village2X1B602BR,1BA$743
Magnolia Place1bed 1bath1BR,1BA$795
The Gaston LoftsA11BR,1BA$825
The Eastern ApartmentsA61BR,1BA$850
Green HouseFern1BR,1BA$875
Monarch Court1BR/1.0BA1BR,1BA$885
Carlisle on the Katy TrailA11BR,1BA$889
Columbia OaksA11BR,1BA$895
Nuvo LunaClassic 1x11BR,1BA$900

Best Value Apartments for Rent in Deep Ellum, TX

As of September 19, 2025 the best value apartment in the Deep Ellum area is the $1.28 price per square foot Two Bedroom Two Bathroom Townhome Model at Elysian Heights in the in the East Dallas neighborhood starting from $1,999. The second greatest value Deep Ellum apartment is the 2x2 Model at Spanish Steps starting at $1,550 with a $1.11 price per square foot in the East Dallas 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.
Elysian HeightsTwo Bedroom Two Bathroom Townhome2BR,2.5BA$1.28
Spanish Steps2x22BR,2BA$1.11
Greystone2x12BR,1BA$1.00
BiltmoreAsheville2BR,2BA$1.24
The Principal1 Bed 1 Bath1BR,1BA$1.14
Raleigh1x11BR,1BA$1.12
Columbia OaksA11BR,1BA$1.31
Magnolia Place1bed 1bath1BR,1BA$1.17
Monarch Court1BR/1.0BA1BR,1BA$1.32
Prairie HouseEvaStudio ,1BA$1.35

Quick Rent Budget Calculator

How much rent can you afford?

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

Frequently Asked Questions about Deep Ellum

What type of rentals are currently available in Deep Ellum?

There are currently 971 Apartments for Rent in Deep Ellum, TX with pricing that ranges from $743 to $27,440. There are also 403 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deep Ellum ranging from $660 to $45,000.

What is the current price range for Rental Homes in Deep Ellum?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Deep Ellum ranges from $660 to $45,000 with an average monthly rent of $3,753.

How much are larger Three and Four Bedroom Rentals in Deep Ellum?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Deep Ellum range from $1,236 to $23,759, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,349 to $19,500. Four Bedroom Single-Family rentals are also available starting from $660 and Four Bedroom Apartments start at $7,451.

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.

decorative image for The 10 Best Affordable Neighborhoods in Dallas, TX article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.