Cheap Homes for Rent in Downtown Dallas Neighborhood of Dallas, TX from $900 (24 Rentals)

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

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.

property at 2902 State St

2902 State St

DallasTX75204
property at 1525 Elm St

1525 Elm St

DallasTX75201
property at 412 N Ervay St

412 N Ervay St

DallasTX75201
property at 1505 Elm St

1505 Elm St

DallasTX75201
property at 1200 Main St

1200 Main St

DallasTX75202

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 3015 Bryan St

3015 Bryan St

DallasTX75204
property at 509 Elm St

509 Elm St

DallasTX75202
property at 1010 Allen St

1010 Allen St

DallasTX75204
property at 3030 Bryan St

3030 Bryan St

DallasTX75204

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 1 Bed unit found at Mercantile Place Collection priced from $905. The Galbraith has the second lowest priced unit, which is a Studio apartment currently listed from $1,083. Here are the most affordable Downtown Dallas apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
Mercantile Place CollectionThe Continental 1G-J (Affordable Housing)1BR,1BA$905
The GalbraithE4 60%Studio,1BA$1,083
Marquis on Gaston1B1BR,1BA$1,088
Manor House ApartmentsGriffinStudio,1BA$1,090
The ArcadianThe Ewing TowerStudio,1BA$1,112

Best Value Apartments for Rent in Downtown Dallas, TX

As of May 30, 2025 the best value apartment in the Downtown Dallas area is the $1.73 price per square foot DC3 Model at Digit 1919 in the in the Downtown Dallas neighborhood starting from $1,979. The second greatest value Downtown Dallas apartment is the Guava Model at Cortland Farmers Market starting at $1,899 with a $1.92 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.
Digit 1919DC32BR,2BA$1.73
Cortland Farmers MarketGuava1BR,1BA$1.92
LTV Tower Apartments1 Bedroom1BR,1BA$1.90
509 Elm St1 Beds, 1 Baths1BR,1BA$1.81
South Side FlatsA41BR,1BA$1.62
Grand Estates @ Kessler ParkThe Stemmons2BR,1BA$1.92
Marquis at Texas Street2A-R2BR,1BA$1.94
Haskell FlatsA61BR,1BA$1.91
The BelleviewA-11BR,1BA$1.70
Skyline Farmers MarketA11BR,1BA$1.76

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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Frequently Asked Questions about Downtown Dallas

What type of rentals are currently available in Downtown Dallas?

There are currently 216 Apartments for Rent in Downtown Dallas, TX with pricing that ranges from $896 to $26,767. There are also 122 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Dallas ranging from $974 to $27,250.

What is the current price range for Rental Homes in Downtown Dallas?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Dallas ranges from $974 to $27,250 with an average monthly rent of $2,980.

How much are larger Three and Four Bedroom Rentals in Downtown Dallas?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Dallas range from $1,577 to $26,767, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,950 to $6,600. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $6,130.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.