Cheap Apartments for Rent in the Downtown Dallas Neighborhood of Dallas, TX from $500 (152 Rentals)

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

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Oak & Ellum
Rent Specials
$1,179 - $3,590
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$1,179 - $3,590
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Studio to 2 Bedroom Apartments Available Now

Oak & Ellum

2627 Live Oak StDallas, TX 75204
Student Housing
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Ambrose
$1,239 - $3,656
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$1,239 - $3,656
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1 to 2 Bedroom Apartments Contact Us For Availability

Ambrose

2901 Indiana StDallas, TX 75226
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Oaks Trinity
Rent Specials
$1,278 - $2,499
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Total Monthly Price

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$1,278 - $2,499
Total Monthly Price
$1,278 - $2,499
Studio to 2 Bedroom Apartments Available Now

Oaks Trinity

333 E Greenbriar LnDallas, TX 75203
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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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Amelia Farmers Market
Rent Specials
$1,384 - $4,341
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$1,384 - $4,341
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Studio to 2 Bedroom Apartments Available Now

Amelia Farmers Market

999 S Harwood StDallas, TX 75201
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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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property at 948 Corinth St

$1,400 - $1,900

Studio To 2 Bedroom Rentals

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948 Corinth St

DallasTX75215
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555 Ross
$1,494 - $2,356
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$1,494 - $2,356
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555 Ross

1777 N Record StDallas, TX 75202
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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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Mosaic Dallas
Rent Specials
$1,581 - $5,333
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$1,581 - $5,333
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$1,581 - $5,333
Studio to 3 Bedroom Apartments Available Now

Mosaic Dallas

300 N Akard StDallas, TX 75201
Family Friendly
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Trend Design District
Rent Specials
$1,598 - $6,985
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$1,598 - $6,985
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Studio to 2 Bedroom Apartments Available Now

Trend Design District

1531 Inspiration DrDallas, TX 75207
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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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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 Studio unit found at The Margaret at Riverfront priced from $845. Skyline Farmers Market has the second lowest priced unit, which is a Studio apartment currently listed from $1,124. Here are the most affordable Downtown Dallas apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
The Margaret at RiverfrontE14Studio,1BA$845
Skyline Farmers MarketE1Studio,1BA$1,124
The GalbraithE1-60%Studio,1BA$1,153
Oak & EllumA1AStudio,1BA$1,179
Grand Estates at Kessler ParkThe Commerce1BR,1BA$1,181
ICON at Ross01S1Studio,1BA$1,230
The Marcus0 bedrooms 1 bathStudio,1BA$1,231
Manor HouseStudio AStudio,1BA$1,233
Hall Street FlatsA11BR,1BA$1,265
Marquis at Texas Street1A1BR,1BA$1,270

Best Value Apartments for Rent in Downtown Dallas, TX

As of May 27, 2026 the best value apartment in the Downtown Dallas area is the $1.62 price per square foot 3 Bedroom 3 Bath Model at Seegar Townhomes in the in the Downtown Dallas neighborhood starting from $3,250. The second greatest value Downtown Dallas apartment is the Traditional 2x2 1031-1195 SF Model at MAA Worthington starting at $2,410 with a $2.02 price per square foot in the Oak Lawn 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.
Seegar Townhomes3 Bedroom 3 Bath3BR,3.5BA$1.62
MAA WorthingtonTraditional 2x2 1031-1195 SF2BR,2BA$2.02
South Side on Lamara021BR,1BA$1.70
1704 S Akard LLC2/12BR,1BA$1.57
LTV Tower Apartments1 Bedroom1BR,1BA$1.75
Arrive West End1 Bed 1 Bath Washer Dryer F1BR,1BA$2.00
Harvest LoftsPearl (Mixed Income Housing)1BR,1BA$1.92
Grand Estates at Kessler ParkThe Commerce1BR,1BA$1.64
South Side FlatsA11BR,1BA$1.89
Eleven10 at Farmers Market ApartmentsEA-2Studio ,1BA$2.00

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
Downtown Dallas, Dallas, TX

Ranked #16

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 $1,270.

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

The cheapest apartment in Downtown Dallas is The Margaret at Riverfront which is listed at $1,180, while the average apartment in Downtown Dallas costs $12,273.

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 62 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 $218 which is $12,055 cheaper than the average rent for all rentals in Downtown Dallas.

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.

Helpful Local Expert Guides

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

Written by: Tiffany Clark

According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.

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The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers

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Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.

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

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My ancestors on both sides were some of the earliest Texas settlers, and I have that big Texas pride that we Texans are famous for. While I've lived in other places, Texas always has been and always will be home.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.