Cheap Apartments for Rent in the Downtown Dallas Neighborhood of Dallas, TX from $500 (96 Rentals)

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

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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An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years

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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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Downtown Dallas, Dallas, TX Local Guide

Cheapest Available Downtown Dallas Apartments for Rent

 

The cheapest available apartment rental in the Downtown Dallas area of Dallas, TX is a 3 Beds unit found at The Galbraith priced from $731. The Margaret at Riverfront has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Downtown Dallas apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
The GalbraithC1HV-30%3BR,2BA$731
The Margaret at RiverfrontE14Studio,1BA$950
Manor House ApartmentsGriffinStudio,1BA$1,050
Grand Estates at Kessler ParkThe Park1BR,1BA$1,058
AmbroseThe Akard1BR,1BA$1,125
Trend Design DistrictS1Studio,1BA$1,175
Marquis at Texas Street1A1BR,1BA$1,186
Marquis on Gaston1A1BR,1BA$1,186
KOA Apartments1 Bedroom 1 Bathroom1BR,1BA$1,190
Macallan on RossS1Studio,1BA$1,205

Best Value Apartments for Rent in Downtown Dallas, TX

As of November 16, 2025 the best value apartment in the Downtown Dallas area is the $1.56 price per square foot Traditional 2x2.5 1679-1907 SF Model at MAA Gallery in the in the Oak Lawn neighborhood starting from $2,970. The second greatest value Downtown Dallas apartment is the B2E Model at Gables Republic Tower starting at $2,744 with a $1.70 price per square foot in the Downtown Dallas neighborhood. Here is today’s list of the best values for Downtown Dallas apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MAA GalleryTraditional 2x2.5 1679-1907 SF2BR,2BA$1.56
Gables Republic TowerB2E2BR,2BA$1.70
South Side on Lamarbx31BR,1BA$1.32
3105 San Jacinto St2 Beds, 2 Baths2BR,2BA$1.78
509 Elm St1 Beds, 1 Baths1BR,1BA$1.81
Harvest LoftsMarilla (A3ALT)1BR,1BA$1.81
Arrive West EndPlano1BR,1BA$1.58
South Side FlatsA41BR,1BA$1.50
Eleven10 at Farmers Market Apartments1B1BR,1BA$1.79
Grand Estates at Kessler ParkThe Park1BR,1BA$1.62

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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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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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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Quick Rent Budget Calculator

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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
Downtown Dallas, Dallas, TX

Ranked #19

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Texas, including Dallas. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, pet-friendly features, multifamily communities for the kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Dallas Apartments

What is a cheap apartment in Downtown Dallas?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Dallas is under $1,205.

What is the price of a cheap apartment in Downtown Dallas?

The cheapest apartment in Downtown Dallas is Grand Estates at Kessler Park which is listed at $1,058, while the average apartment in Downtown Dallas costs $15,098.

What types of apartments are the cheapest in Downtown Dallas?

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 53 regular apartments in Downtown Dallas 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 Dallas?

Cheap apartments in Downtown Dallas have an average cost of $194 which is $14,904 cheaper than the average rent for all rentals in Downtown Dallas.

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.