
Cheap Apartments for Rent in the Elmwood Neighborhood of Dallas, TX from $500 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elmwood area of Dallas.


La Madera

204 E 12th St

Westmoreland Station

Swope and Mangold

2909-2911 W Clarendon Dr

WINDSOR FOREST APARTMENTS

502 E Woodin Blvd

404 E 9th St

500 E Woodin Blvd

Highpoint at Wynnewood

Holiday Hills Apartments

GATEWAY OAK CLIFF APARTMENTS

701 Elsbeth St

905 N Bishop Ave

The Oaks at Hampton

120 N Madison Ave

125 E 8th St

Nolen Grand Apartments

The 1906 at Bishop Ridge

Hoskins 90 at Bishop Ridge

501 N Ewing Ave

The District Apartments
Elmwood, Dallas, TX Local Guide

How much does it cost to rent an apartment in Elmwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elmwood Studio Apartments | $1,311 | $1,075 | $1,675 |
Elmwood 1 Bedroom Apartments | $1,735 | $799 | $2,794 |
Elmwood 2 Bedroom Apartments | $1,746 | $949 | $5,170 |
Elmwood 3 Bedroom Apartments | $1,802 | $1,165 | $6,120 |
Elmwood 4 Bedroom Apartments | $1,708 | $1,015 | $3,700 |
Browse Apartments in this Neighborhood
There are currently 58 rentals with your search options within a 2 mile radius of the Elmwood Neighborhood of Dallas, TX.
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Elmwood, Dallas, TX Local Guide
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Cheapest Available Elmwood Apartments for Rent
 The cheapest available apartment rental in the Elmwood area of Dallas, TX is a Studio unit found at Muse priced from $668. 3311 at Vernon has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Elmwood apartments for rent in Dallas, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Muse | E3 | Studio,1BA | $668 |
3311 at Vernon | A2 | 1BR,1BA | $799 |
La Madera | A2 1x1 | 1BR,1BA | $825 |
Costa Bella | 1 Bedroom, 1 Bathroom | 1BR,1BA | $905 |
Overton Park Apartments | A1 | 1BR,1BA | $950 |
Westmoreland Station | A1 | 1BR,1BA | $959 |
COUNTRY GREEN | 1/1 | 1BR,1BA | $999 |
Cantera Crossing | 1 Bedroom 1 Bathroom - A1 | 1BR,1BA | $999 |
The Anderson | A1 | 1BR,1BA | $1,015 |
UNITi Bishop Arts | 4x4A | 4BR,4BA | $1,015 |
Best Value Apartments for Rent in Elmwood, TX
As of June 29, 2025 the best value apartment in the Elmwood area is the $1.32 price per square foot Three Bedroom Apartment Model at Five Mile Creek in the in the South Dallas neighborhood starting from $1,680. The second greatest value Elmwood apartment is the Three Bedroom-1 1/2 Bath Model at Agave Azul -NEW starting at $1,575 with a $1.33 price per square foot in the Oak Cliff neighborhood. Here is today’s list of the best values for Elmwood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Five Mile Creek | Three Bedroom Apartment | 3BR,2BA | $1.32 |
Agave Azul -NEW | Three Bedroom-1 1/2 Bath | 3BR,1.5BA | $1.33 |
The Oaks at Hampton | A1 | 1BR,1BA | $1.60 |
Westmoreland Station | A1 | 1BR,1BA | $1.32 |
COUNTRY GREEN | 1/1 | 1BR,1BA | $1.42 |
WINDSOR FOREST APARTMENTS | 1/1 | 1BR,1BA | $1.62 |
3311 at Vernon | A1 | 1BR,1BA | $1.23 |
Costa Bella | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.62 |
La Madera | A1 1x1 | 1BR,1BA | $1.56 |
Muse | E3 | Studio ,1BA | $1.54 |
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.
Pet Friendly LifestyleElmwood, Dallas, TX
Ranked #108
Among neighborhoods in Dallas, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Elmwood, Dallas, TX
School data provided by Great Schools
Getting Around the Elmwood Neighborhood in Dallas, TX
Walk Score®
60 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
68 / 100
Bikeable
Some bike infrastructure
Transit Score®
48 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Elmwood Apartments
What is a cheap apartment in Elmwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elmwood is under $1,015.
What is the price of a cheap apartment in Elmwood?
The cheapest apartment in Elmwood is Muse which is listed at $669, while the average apartment in Elmwood costs $1,699.
What types of apartments are the cheapest in Elmwood?
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 46 regular apartments in Elmwood 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 Elmwood?
Cheap apartments in Elmwood have an average cost of $720 which is $979 cheaper than the average rent for all rentals in Elmwood.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.

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.