Cheap Apartments for Rent in the Downtown Dallas Neighborhood of Dallas, TX from $600 (113 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
$1,201 - $3,856
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$1,201 - $3,856
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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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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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Trend Design District
Rent Specials
$1,275 - $6,041
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Total Monthly Price

Base Rent
$1,275 - $6,041
Total Monthly Price
$1,275 - $6,041
Studio to 2 Bedroom Apartments Available Now

Trend Design District

1531 Inspiration DrDallas, TX 75207
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Oaks Trinity
Rent Specials
$1,274 - $2,457
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$1,274 - $2,457
Total Monthly Price
$1,274 - $2,457
Studio to 2 Bedroom Apartments Available Now

Oaks Trinity

333 E Greenbriar LnDallas, TX 75203
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Amelia Farmers Market
Rent Specials
$1,371 - $3,421
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$1,371 - $3,421
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Studio to 2 Bedroom Apartments Available Now

Amelia Farmers Market

999 S Harwood StDallas, TX 75201
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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 2016 S Ervay St

$1,355 - $2,225

Studio To 2 Bedroom Rentals

Available Now

2016 S Ervay St

DallasTX75215
property at 948 Corinth St

$1,400 - $1,900

Studio To 2 Bedroom Rentals

Available Now

948 Corinth St

DallasTX75215

The 4-Step Checklist for Moving to Dallas: A Local Expert's Guide to Utilities, Licenses, and Housing

Your ultimate DFW Moving Guide: From finding the perfect Dallas neighborhood (Downtown, Oak Lawn, Casa View) to setting up utilities.

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

From the Bishop Arts District to Uptown, get the real story on Dallas living from a 35-year local. Explore neighborhoods, must-try food spots, and life in the Big D.

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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 South Side Flats priced from $999. Marquis on Gaston has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,087. Here are the most affordable Downtown Dallas apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
South Side FlatsE2Studio,1BA$999
Marquis on Gaston1A1BR,1BA$1,087
Skyline Farmers MarketE1Studio,1BA$1,124
The GalbraithE4-60%Studio,1BA$1,153
The Margaret at RiverfrontA111BR,1BA$1,180
Marquis at Texas Street1A1BR,1BA$1,186
The KirbyA2 (Harris)Studio,1BA$1,216
Remi DowntownA9-Income Restricted1BR,1BA$1,224
The Marcus0 bedrooms 1 bathStudio,1BA$1,231
Gateway East at the Arts DistrictThe Allen1BR,1BA$1,231

Best Value Apartments for Rent in Downtown Dallas, TX

As of April 11, 2026 the best value apartment in the Downtown Dallas area is the $1.80 price per square foot 2 Beds, 2 Baths Model at Drexel Montane Apartments in the in the Oak Lawn neighborhood starting from $2,300. The second greatest value Downtown Dallas apartment is the a02 Model at South Side on Lamar starting at $1,856 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.
Drexel Montane Apartments2 Beds, 2 Baths2BR,2BA$1.80
South Side on Lamara021BR,1BA$1.70
1704 S Akard LLC2/12BR,1BA$1.57
LTV Tower Apartments1 Bedroom1BR,1BA$1.71
Harvest LoftsWood (A2)1BR,1BA$1.86
3105 San Jacinto St1 Beds, 1 Baths1BR,1BA$1.73
Eleven10 at Farmers Market Apartments1B1BR,1BA$1.77
Grand Estates at Kessler ParkThe Tilden1BR,1BA$1.82
Marquis at Texas Street1A1BR,1BA$1.90
South Side FlatsE2Studio ,1BA$1.78

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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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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 $1,231.

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

The cheapest apartment in Downtown Dallas is Marquis on Gaston which is listed at $1,086, while the average apartment in Downtown Dallas costs $11,722.

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 76 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 $139 which is $11,583 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

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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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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.

Articles, How-To's, and Tips

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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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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.

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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.